Lloyd Carney
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Lloyd Carney

Brocade Names Lloyd Carney as Chief Executive Officer

Mon, Jan 14, 2013, 6:16 PM EST - U.S. Markets closed SAN JOSE, CA--(Marketwire - Jan 14, 2013) - Brocade ( NASDAQ : BRCD ) today announced that its Board of Directors unanimously appointed networking industry veteran Lloyd Carney to the position of chief executive officer effective ...

Brocade CEO: We're Going for 2015 Growth

NEW YORK ( TheStreet ) -- Brocade's ( BRCD ) growth plan will kick into gear in fiscal 2015, according to CEO Lloyd Carney, driven by software defined networks (SDN) and Ethernet networking technology. "FY2015 absolutely will show topline growth," he said, during a phone interview after ...

Brocade CEO Lloyd Carney explains his strategy of emphasizing sales

Since coming to Brocade in 2013, Lloyd Carney has refocused the company on a part of its business, fiber channels for connecting network storage and servers in the data center, that others had written off and bulked up Brocade's sales organization to get ahead trends like ethernet ...

New Brocade CEO Lloyd Carney sold his last 2 companies ...

And in Lloyd Carney they have a CEO who has sold the last last two companies he ran: Xsigo Systems which was acquired by Oracle last year and Micromuse to IBM in 2005. While there was no mention of Brocade's past M&A efforts in Monday's announcement, Carney's recent history raises ...

Brocade Communications Systems, Inc. (BRCD) news: Brocade Communications: This $10 Tech Stock Has Si...

Any takeover offer would be a real bonus for investors and because the CEO Lloyd Carney sold the last two companies he led, a deal for Brocade Communications might be more likely than many investors realize. Mr. Carney led Xsigo Systems which was acquired by Oracle ( ORCL ) in ...

Brocade Communications Systems, Inc. (BRCD): Brocade: A Growth Stock In The Making

Brocade's CEO, Lloyd Carney is about one year into his tenure where he has set a course for growth based on its core strengths. In fact, he has demonstrated his focus on growth with the recent acquisition of Vyatta a leader in cloud networking software. Carney's past success ...

Emulex Sale Seen Restoring Lost Stock Value: Real M&A

“There’s room for consolidation.” Brocade, whose newly appointed CEO Lloyd Carney ruled out a sale of his $2.5 billion company in January, could be interested in acquiring Emulex, Civera said. Emulex’s purchase of Endace gives it technology that would appeal to Brocade, he said. Intel ...

Brocade's Q1 revenue down annually but beats earnings targets anyway

Touting the better-than-expected results, CEO Lloyd Carney reflected on the quarter, both the highlights and misses, in prepared remarks: Our performance was driven by the strength of our Storage Area Networking (SAN) business as customers continue to adopt Gen 5 Fibre Channel networks ...

Brocade Communications Systems, Inc. (BRCD): 4 Stocks To Double In 2014

CEO, Lloyd Carney is focusing on growing core strengths while divesting lower margin business. Brocade is now seeing its highest profit and operating margins since 2000 when it was $30.00 per share. Brocade is focusing on cloud and virtualization and is focusing more on software as ...

Brocade Gains as Profit Beats Analyst Estimates

"Q4 was a quarter in which we executed successfully across many facets of our business strategy," said Brocade CEO Lloyd Carney, in a statement. "We exceeded expectations for non-GAAP operating margin, non-GAAP EPS, and cash flow despite the U.S. Federal budget issues and continued ...

Brocade outlines SDN powered strategy, touts AWS, Rackspace wins

CEO Lloyd Carney said Brocade's Switzerland approach to partnerships can provide a larger footprint in the data center. Overall, Brocade wants to be seen as a key software defined networking player. The company appears to be off to a good start. Previously: Brocade expands share buyback ...

Brocade Communications Systems, Inc. (BRCD) news: Brocade Communications Systems' CEO Discusses F1Q...

Here to take your questions are Lloyd Carney, Brocade's CEO; Dan Fairfax, CFO; Jeff Lindholm, Senior VP, Worldwide Sales; Ken Cheng, CTO and VP of Corporate Development; and Jason Nolet, VP, Data Center Networking. I will now turn the call over to CEO, Lloyd Carney. Lloyd? ...

Brocade: New CEO Brings Strong Growth Prospects

Get the Investing Ideas newsletter » Last week, Brocade Communication's ( BRCD ) new CEO, Lloyd Carney delivered his first quarterly conference call and he did not disappoint. The company reported solid Q1 2013 revenue of $589 million and EPS of $0.21, easily beating the Street's ...

Will Brocade Shares Continue to Grow?

Brocade put on a search for a replacement, and in January 2013, industry veteran Lloyd Carney was chosen to fill Brocade's top post. With this change, speculation intensified that Brocade might be sold. According to Bloomberg, Klayko's resignation was a move by the board to expedite the ...

Brocade Communications Systems, Inc. Presents at Morgan Stanley Technology, Media & Telecom Conferen...

And we are very excited to host Lloyd Carney, new CEO of Brocade, for his inaugural presentation, a fireside chat; and Dan Fairfax, CFO of Brocade. The way we're going to run this is I'm going to turn it over to Lloyd, it's given that he's a month into the job, open up with some ...

Brocade Communications Systems Crushes Q1 Targets, Sets the Bar Low for Q2

Brocade CEO Lloyd Carney pinned the quarter's success on strong demand for high-speed storage area networking solutions. Cutting-edge Generation 5 Fibre Channel products accounted for 71% of Brocade's storage sales in the quarter, up from 42% in the year-ago period. Carney said he ...

Brocade Reports Fiscal Q2 2013 Results

I believe the longer-term market opportunity for our SAN products continues to be favorable, supported by the fact that our Gen 5 (16 Gbps) Fibre Channel products exceeded 50% of our shipments of directors and switches in the quarter," said Lloyd Carney, CEO of Brocade. "Also in Q2...

Brocade Names Jeff Lindholm as Senior Vice President of Worldwide Sales

Mr. Lindholm will report directly to Brocade CEO, Lloyd Carney. Mr. Lindholm is chartered with implementing strategies to expand the company's customer base and to take advantage of new business opportunities that are arising in the networking industry due to key industry trends such as ...

Brocade Reports Fiscal Q1 2014 Results

"Brocade achieved solid results in Q1, exceeding our outlook for revenue and profitability," said Lloyd Carney, CEO of Brocade. "Our performance was driven by the strength of our Storage Area Networking (SAN) business as customers continue to adopt Gen 5 Fibre Channel networks for their ...

Brocade and Aruba Collaborate to Eliminate Cisco Campus Lock-In

"Campus networks are buckling under the proliferation of today's mobile initiatives, which makes this space ripe for disruption and ready for the application of intelligent solutions," said Lloyd Carney, Chief Executive Officer, Brocade. "We view the campus network as the on-ramp to the ...

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