Quantum Corp. announces the appointments of Adalio Sanchez and Marc Rothman to Quantum’s board of directors. Sanchez is a 35-year information technology industry veteran who spent most of his career at IBM Corp., including 16 years in senior executive and global general management roles. He is currently president of S Group Advisory LLC, a firm providing expertise and management consulting services. Rothman is executive vice president and chief financial officer at VeriFone Inc., responsible for leading the company’s finance, information technology, and real estate organizations, and has more than 30 years of global finance and merger and acquisition experience.
“Adalio and Marc bring a broad range of business and technology experience to Quantum’s board,” said Paul Auvil, Quantum’s chairman of the board. “Along with the other directors and Quantum management team, I look forward to drawing on their knowledge and expertise as the company strives to build on its positive market momentum over the past year in scale-out tiered storage and data protection and deliver increased shareholder value.”
Adalio Sanchez Previous Experience
Prior to assuming his current position at S Group Advisory in 2015, Sanchez served as senior vice president/officer at Lenovo Group Ltd. for a year. In that role, he led Lenovo’s $5 billion global division focused on enterprise server/storage, cloud and data center technologies. From 1982 to 2014, Sanchez worked at IBM, rising to become general manager, modular systems, where he ran two divisions with total annual revenues of $6 billion. Other leadership positions he held at IBM included vice president of corporate strategy and various general manager roles, including general manager of UNIX Systems and chief operating officer of IBM’s personal computer (PC) business. Sanchez began his career as an engineer working on IBM’s second PC.
Marc Rothman Previous Experience
Prior to joining VeriFone in 2013, Rothman served as the chief financial officer of Motorola Mobility Inc., where he played a central role in Motorola Mobility’s spinoff from its former parent company, Motorola Inc., as well as its sale to Google in 2012. During his 12-year tenure at Motorola, he also served in a number of senior finance leadership positions across the company, including chief financial officer in several of its global business segments (public safety, networks and enterprise, and mobile devices) and senior vice president and corporate controller. He began his career at Deloitte & Touche, Audit Advisory Services.
Sanchez and Rothman were appointed to Quantum’s board as part of an agreement the company reached with VIEX Capital Advisors in early March of this year to reconstitute the board with a majority of new, independent directors. They replaced current board members John Mutch and Jon Gacek (Gacek remains president and CEO of Quantum).
“The director search process went well, resulting in a pool of highly qualified and capable candidates,” said Eric Singer, founder and managing member of VIEX. “I appreciate this constructive collaboration with Quantum and look forward to identifying a third new board member. We strongly support all members of the reconstituted board as they build on the company’s industry leadership and market opportunities to generate significant value for all Quantum shareholders.”
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