Juniper Revives COO's Office
The company announced late today that it's (re-)creating the chief operating officer's role, filling it with Stephen Elop, former CEO of Macromedia and -- ever since that company's acquisition by Adobe Systems Inc. (Nasdaq: ADBE) -- president of Adobe's worldwide field operations. (See Juniper Names COO.)
Elop announced his resignation from Adobe in June, just as the company was reporting disappointing earnings and a downtrodden forecast. Adobe officials at the time said Elop, who committed to stay until Dec. 5, was leaving to pursue other career options.
Elop will be among a handful of executives reporting directly to CEO Scott Kriens, the others being CFO Robert Dykes, EVP of human resources Steven Rice, and CTO Pradeep Sindhu.
Juniper first created the COO spot in 2002, assigning it to Lloyd Carney, a Nortel Networks Ltd. veteran whose resume traced back to Wellfleet days. (See Juniper Creates COO Position.) The move was something of a milestone, as Kriens had famously attended to day-to-day operations himself. But Carney left in 2003 to become CEO of Micromuse, staying on as IBM Corp. (NYSE: IBM) acquired that company. (See Headcount: Survey Sez.)
Juniper doesn't appear to have had a COO since. Jim Dolce, former CEO of the acquired Unisphere Networks, was splitting the operations job with Carney for a time but took the title of executive vice president of field operations. (See The Face of the New Juniper.)
Juniper officials weren't immediately available for comment.
— Craig Matsumoto, Senior Editor, Light Reading