Kittu Keeps the Kitty

Departing executive Krishna "Kittu" Kolluri is taking a nice chunk of change with him, namely the $677,683 bonus awarded earlier this month.

Juniper announced yesterday that the former Neoteris CEO, who joined Juniper with last year's NetScreen acquisition, will be stepping down (see Juniper Names Exec VP ). Kolluri will stick around through 2005, then depart to "pursue his passion as an investor," working with startups in India and the United States, as the Juniper press release puts it. Kolluri wasn't available for comment.

Kolluri won't be walking away from a $677,683 bonus awarded earlier this month, though. Although SEC filings described the bonus as being contingent on milestones between now and October 2006, Kolluri is still eligible for the money, a Juniper spokeswoman says. The bonus relates to what could be an upcoming SSL VPN product (see Juniper Bids Big VPN Bonus).

Taking Kolluri's place as executive vice president and general manager of the Security Products Group will be Rob Sturgeon, Juniper's vice president of customer service. Sturgeon has been with the company since 2001.

Even though Juniper spelled out reasons for Kolluri's departure, the move is sure to open up questions, considering Juniper's security business has disappointed analysts in a couple of recent quarters (see Juniper Meets, But Shares Slump and Juniper's NetScreen: Pricing Insecurity?).

"That part of the business has been a challenge for them, so maybe that was a contributing factor" to Kolluri's departure, says Erik Suppiger, an analyst with Pacific Growth Equities Inc.. "They've made a lot of organizational changes in that portion of the business, mainly on the sales side."

In a recent note, Suppiger wrote that Juniper's security revenues, minus the newly completed Redline Networks Inc. and Kagoor Networks acquisitions, "increased a disappointing 1 percent sequentially" in the June quarter.

Kolluri's presence at Juniper is one of those fish-swallowing-fish acts. He was CEO of security startup Neoteris when it was acquired by NetScreen. In turn, NetScreen got nabbed by Juniper in a $4 billion deal that closed in April 2004 (see NetScreen to Acquire Neoteris and Juniper Buys NetScreen).

— Craig Matsumoto, Senior Editor, Light Reading

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lightbulb0 12/5/2012 | 3:04:06 AM
re: Kittu Keeps the Kitty strange enough. why dont they promote somebody of netscreen origins, which mainly composed of chinese gang.
Pete Baldwin 12/5/2012 | 3:04:06 AM
re: Kittu Keeps the Kitty How has Juniper done at keeping NetScreen folks? Sales got some shuffling, we know ... any opinions about the rest of NetScreen?
OpticOm 12/5/2012 | 3:04:03 AM
re: Kittu Keeps the Kitty Because he was better, I presume...
The ethnic origin should not count, isn't it?
Unfortunately, it does in Silicon Valley...
matahari 12/5/2012 | 3:04:02 AM
re: Kittu Keeps the Kitty ex-IPG GM -> Indian (booted)
ex-SPG GM -> Indian (booted)
IPG VP HW -> Indian
IPG VP SW -> Indian
IPG VP Test -> Indian

If it is merit-based, the trend ought to continue.

lightbulb0 12/5/2012 | 3:04:02 AM
re: Kittu Keeps the Kitty Juniper is losing the steam as a technology leader and their management are purely bisness type now. How much longer does it take for people to realize this is another Lucent?
optobozo 12/5/2012 | 3:04:01 AM
re: Kittu Keeps the Kitty A rather ironic moniker for such a post...
startup_shutup 12/5/2012 | 3:04:00 AM
re: Kittu Keeps the Kitty >> The ethnic origin should not count, isn't it?
Unfortunately, it does in Silicon Valley...


Thanks for bringing out a truth about silicon valley.

People should consider ethinicity of management before joining companies, especially startups....
matahari 12/5/2012 | 3:03:59 AM
re: Kittu Keeps the Kitty Management from the router group are moving
into the security group and getting big titles.
They say this is part of the joint effort of
moving Junos to the security products. If the
decision is left to the router group, the VPs
in the router group would like to grab
everything in security for political reasons.
They have been planting seeds internally how
unstable and disorganized the security products
are and therefore, the router group needed to take over the operations. Part of everyday
politics the VPs have been playing. They have
become very good at being team players during
joint meetings, but behind closed doors, say
bad things about the security group. Same thing
happened when Unisphere was acquired. Be a team
player, and then backstab them behind closed
doors. Unisphere ended up reporting to the router
gang even though they have no idea what a BRAS
curiousgeorge 12/5/2012 | 3:03:58 AM
re: Kittu Keeps the Kitty Another contentless message from a discontented person.

Startups in silicon valley are among the few emplpoyment sectors in the world where you have a diversity in the ethnicity of management. Most other places, you have little to no choice.
I see it as an opportunity of getting a deeper exposure to a different ethnicity.

BTW my worst experience with immediate management has been with someone who I shared ethnicity with (and even school, though we didnt overlap). One of my best experiences (ongoing) is in a startup whose founders, management and financiers are all from one differnt ethnicity - this includes both my immediate boss.

gottappp 12/5/2012 | 3:03:55 AM
re: Kittu Keeps the Kitty "Juniper is losing the steam as a technology leader and their management are purely bisness type now."

Good point. I'm always getting John Chambers confused with Tony Li. They're all so darn smart!
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