Akamai Technologies today announced that Dr. Tom Leighton, company co-founder and chief scientist, will become CEO effective January 1. He succeeds Paul Sagan, who previously announced he was stepping down by the end of 2013 and who will work with Leighton to ensure a smooth transition. Both will remain on the board of directors.
Akamai also announced the promotion of two executive vice presidents. Bob Hughes will become president, Worldwide Operations, and Rick McConnell will become president, Products and Development, reporting directly to Leighton.
The distributed computing platforms giant was co-founded in 1998 by Leighton (pictured) and Daniel Lewin, since when it has grown to its current status as a leading provider of site and application acceleration solutions along with security and cloud infrastructure services.
George H. Conrades, chairman of the Akamai board, issued the following statement: “Innovation has been fundamental to Akamai’s success from the beginning and will be even more so in the future. Tom has led Akamai’s focus on innovation since day one, working directly with customers and partners on breakthrough technologies for leveraging the power of distributed computing. As a Board, we are excited about Akamai’s prospects for delivering even greater customer value under Tom’s leadership. We also are extremely grateful for Paul’s outstanding contributions to Akamai’s success and his sterling record of accomplishment that built Akamai into an S&P 500 company. We are delighted that he will continue in an active role supporting Tom and the entire leadership team.”
Akamai – Akamai Announces CEO Succession