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F5 Networks (FFIV) -6.1% AH after announcing sales chief Mark Anderson has resigned, and will be...
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Wednesday, May 30, 2012, 4:27 PM ETF5 Networks (FFIV) -6.1% AH after announcing sales chief Mark Anderson has resigned, and will be replaced by Americas sales VP Dave Feringa. Sales exec departures at enterprise IT companies often follow disappointing performances - BMC Software is a recent example. William Blair reported in April F5's sales force "was aggressive in trying to close deals" at the end of FQ2.
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