MAYNARD, Mass., March 05, 2019 (GLOBE NEWSWIRE) -- Stratus Technologies, a global leader in continuous availability solutions for industrial applications, today announced that it has appointed John Vicente as Chief Technology Officer (CTO) and Walter Loh as Chief Financial Offer (CFO). Both will report directly to President and CEO Dave Laurello and will work together with the Stratus executive team to further the company’s growth in industrial automation and edge computing.
“We are excited to welcome John and Walter to our leadership team. Both are highly regarded executives,” said Dave Laurello. “Their combined experience across a variety of industries, and their successes in technology development and financial operations, respectively, make them logical choices for the executive team as Stratus moves forward. Both executives will play critical roles as we further our commitment to product innovation around industrial edge computing, customer success and seamless operations.”
With more than 25 years of experience in engineering and technology development, CTO John Vicente will oversee the technology and solution roadmap for Stratus’ edge computing solutions, furthering the company’s innovation in industrial automation and cementing its view of the edge and Internet of Things (IoT) landscape. Mr. Vicente will play a pivotal role in developing and signing on new strategic and OEM partnerships. Mr. Vicente comes to Stratus from Intel, where he spent the past 25 years consistently taking on more responsibility at the company. Most recently, he ran the CTO Office for industrial IoT, working in areas from process and discrete manufacturing to oil and gas. In this role, he helped define the architectural strategy and roadmaps for Intel’s current industrial edge computing technologies and products. Prior to Intel, Mr. Vicente spent seven years with Digital Equipment Corporation in various engineering roles. Mr. Vicente earned a Bachelor of Science in Electrical and Computer Engineering from Northeastern University, a Master of Science in Electrical Engineering from the University of Southern California and a PhD in Electrical Engineering from Columbia University.
CFO Walter Loh has extensive experience in financial management, corporate strategy, private equity and investment banking, and is well-suited to lead Stratus’ financial strategy and all finance operations. Mr. Loh joins Stratus from Mavenir, where he served as CFO for more than two years and was responsible for global financial operations and processes. Prior to Mavenir, Mr. Loh served as EVP and CFO for Xura and as an Operating Executive at Siris Capital Group. He started his career in the Mergers and Acquisitions group of Goldman Sachs. Mr. Loh has a Bachelor of Science in Economics from the Wharton School and a Bachelor of Applied Science from the School of Engineering and Applied Science of the University of Pennsylvania.
About Stratus Technologies
Stratus takes the complexity out of keeping business critical applications running 24/7. Stratus’ technologies proactively prevent instances of unplanned downtime both in the data center and at the edge, and our services ensure any issues are addressed before customers need to. Global Fortune 500 companies and small medium sized businesses in a wide range of industries across the globe have been relying on Stratus for operationally simple, continuous availability for more than 35 years. For more information, please visit www.stratus.com or follow on Twitter @StratusAlwaysOn.
Press Contacts
Dominique Todd
Dominique.Todd@stratus.com
+1 978-461-7144