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SGI Appoints New CEO and Chairman, Reaffirms Linux Strategy

Aug 23, 1999, 22:04 (1 Talkback[s])
(Other stories by Dwight Johnson)

By Dwight Johnson, Linux Today

In a just concluded telephone teleconference, SGI has announced the appointment of Bob Bishop as CEO and Chairman of the Board, replacing Rick Belluzzo who has resigned to accept a non-CEO position in a non-competing industry.

The Peluzzo resignation was voluntary and came as a surprise, according to an SGI spokesperson.

Bob Bishop is an over 30-year veteran of the computer industry. He has been with SGI since 1986 and a member of the board of directors since 1993.

In a statement, Bob Bishop said that this is a critical time for SGI, which August 10 announced a major shift in strategy. Bishop said he fully supports the new strategy; the difficulty will be in its execution.

The new SGI strategy combines SGI's traditional roles as a leader in high performance computing and performance graphics with a new focus on broadband Internet, where SGI sees itself becoming a major player.

According to Bishop, SGI is returning to its starting point of five years ago but is now able to leverage the new elements of the Internet, the Linux fever, the 64-bit Merced chip, and the ability to outsource development of its performance graphics chip.

SGI is aiming for a return to profitability by the fourth quarter of this year.