Gigamon poaches Ixia's sales chief in attempt to spark turnaround


Gigamon (GIMO -1.4%) has hired Helmut Wilke, formerly the VP of worldwide sales at network test equipment vendor Ixia (XXIA -0.3%), to be its SVP of worldwide sales.

The PR announcing Wilke's hiring makes no mention of Mike Hoffman, who was named Gigamon's VP of worldwide sales in 2011. Hoffman's LinkedIn page suggests he might have recently left the company.

Gigamon cratered last month after issuing a big Q2 warning, and promised at the time it would take steps to improve sales execution. Shares fell some more after Gigamon provided soft Q3 guidance to go with its Q2 results.

Update: Hoffman recently resigned from Gigamon. (h/t SA commenter AN123)

Comments (3)
  • AN123
    , contributor
    Comments (53) | Send Message
     
    On July 31, 2014, Michael T. Hoffman, resigned as the senior vice president, sales enablement, of Gigamon Inc. (the "Company") effective immediately.
    12 Aug 2014, 12:44 PM Reply Like
  • insightsec
    , contributor
    Comments (2) | Send Message
     
    The current CEO of GIMO comes from a failing company, figure his credibility out that way.
    2 Sep 2014, 09:10 AM Reply Like
  • insightsec
    , contributor
    Comments (2) | Send Message
     
    GIMO is stuck at where it is - it is NOT a real security company and it does not generally fit into data center's networking architecture. It just requires many other things from other vendors, in order to be valuable. It is expensive.

     

    Plus GIMO's current CEO came from Extreme Networks - a failing company. Figure out the credibility of his leadership, you will know the answer.
    2 Sep 2014, 09:10 AM Reply Like
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