SOURCE: Data Domain

October 25, 2006 07:00 ET

Data Domain Expands Executive Ranks, Board of Directors

Company Appoints Chief Financial Officer, Adds Independent Directors

SANTA CLARA, CA -- (MARKET WIRE) -- October 25, 2006 -- Data Domain, the leading provider of Enterprise Protection Storage systems for disk backup and network-based disaster recovery, announced today the appointment of Michael P. Scarpelli as Vice President and Chief Financial Officer and the election of Ronald E. F. Codd and Jeffrey A. Miller to the company's Board of Directors.

"We are delighted with these reinforcements to our executive team and our board of directors," said Frank Slootman, president and CEO of Data Domain. "Our company has experienced strong growth in recent years and with these appointments we are in great shape to enter the next phase of our expansion."

Mike Scarpelli brings to Data Domain more than 17 years of financial experience with both public and private companies. Mr. Scarpelli's career began with PricewaterhouseCoopers LLP, a leading public accounting firm, where he specialized in the accounting and auditing of high tech and software companies, eventually serving as a partner at the firm for four years. Prior to joining Data Domain, Scarpelli served as Executive Vice President and CFO for Lexar Media, Inc., the leading marketer and manufacturer of NAND flash memory products. During his tenure Scarpelli successfully negotiated the sale of Lexar to Micron Technology, Inc. for $965 million. Prior to Lexar, Scarpelli served as Senior Vice President and CFO at HPL Technologies, Inc., a leader in the delivery of semiconductor design software, intellectual property and professional services.

Ron Codd brings over 23 years of financial and administrative experience with rapid-growth technology companies to the Data Domain Board of Directors. Mr. Codd is presently an independent consultant and a director on the boards of two public companies, Interwoven, Inc. and Agile Software, Inc. He is also on the board of Calypso Technology, a privately held company. He has guided several companies through successful IPO efforts, including PeopleSoft, Inc., where he served as Senior Vice President of Finance and Administration and CFO. During his 7-year tenure at PeopleSoft, the company grew its annualized revenues from $15 million to $1.5 billion and its employment base from 75 to approximately 7,000. Following his tenure at PeopleSoft, Mr. Codd assumed the role of President and CEO at spin-out software firm Momentum Business Applications, Inc. which was later repurchased by PeopleSoft. Mr. Codd's experience with rapid-growth technology companies also includes financial management positions held with MIPS Computer Systems, Inc., Wyse Technology and Tandem Computers, Inc. He began his career in the audit department of Arthur Young (now Ernst & Young).

Jeff Miller is a Venture Partner with Redpoint Ventures, a venture capital firm that focuses on companies destined for market leadership. Prior to joining Redpoint, Mr. Miller was CEO of Documentum, Inc. (DCTM). Under Mr. Miller's leadership, Documentum became one of the fastest growing technology companies in the country with year 2000 revenues of approximately $200 million. He has more than 30 years of high tech experience, having started his career in the semiconductor industry at Fairchild and Intel and holding senior marketing and general management executive positions at Cadence Design Systems and Adaptec. Mr. Miller currently serves as the Chairman of the Board for Movaris, Inc., and is a Board member of Spoke Software, Inc.

For more information about Data Domain, its management team and its Board of Directors, please visit www.datadomain.com.

About Data Domain

Data Domain is the leading provider of Enterprise Protection Storage systems for disk backup and network-based disaster recovery. Over 500 companies worldwide use Data Domain's award-winning solutions to reduce backup costs and simplify their data recovery.

Data Domain's Global Compression™, data invulnerability and replication technologies offer breakthrough data reduction rates that enable new efficiencies in enterprise data protection. Only Data Domain can deliver the performance, reliability and scalability to address the data protection needs of enterprises of all sizes. Data Domain's products and solutions integrate seamlessly into customers' existing infrastructure and are compatible with all leading enterprise backup software products. To find out more about Data Domain, visit www.datadomain.com. Data Domain is headquartered at 2300 Central Expressway, Santa Clara, CA 95050 and can be contacted by phone at 1-866-933-3873 or by e-mail at sales@datadomain.com.

Note: Data Domain and Global Compression are registered trademarks of Data Domain, Inc. All other brands, products, service names, trademarks or registered service marks are used to identify the products or services of their respective owners.

Contact Information

  • Contact:
    Preeti Gupta
    Text 100 Public Relations
    +1.415-593-8422
    Email Contact

    Ed Luboja
    Data Domain, Inc.
    +1.914-698-1346
    Email Contact