On Yer Bike, Manic!
Banic told Unstrung that he has decided to take the position at Peribit Networks -- a startup that develops WAN application performance products -- because the firm's offices, in Santa Clara, Calif., are much closer to his house than Trapeze's digs in Pleasanton. "It affords me a much shorter commute," says super family man Banic.
One of Trapeze's founders, Dan Simone, who is currently VP of product management, will handle Banic's duties at the firm after his departure this Friday. Simone says that the product marketing and management units at Trapeze will be merged into one.
Banic is the second marketing VP to step down at Trapeze in less than six months. Last October, Banic's predecessor, George Prodan, left as the high-spending startup cut 30 percent of its workforce (see Trapeze's Wireless Wobbles). Banic was something of a Prodan protege.
The company also recently replaced its original CEO, Jim Flach, with ex-Nortel executive, Jim Voigt, who is looking for more partnership deals for the startup.
Banic may soon be leaving the wonderful world of wireless LAN switches, but that doesn't mean he'll be able to leave his Unstrung alter ego -- Bike Manic -- behind.
"Actually, when I used to work close by I used to ride my motorbike," Banic tells us.
BWA HA HA HA HA HA HA HA!
— Dan Jones, Site Editor, Unstrung