FalconStor Software, Inc. Announces Executive Changes
August 30, 2016 at 10:01 pm
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On August 30, 2016, FalconStor Software Inc. accepted the resignation of Louis J. Petrucelly for personal reasons from his position as Executive Vice President and Chief Financial Officer of the Company effective September 15, 2016. Mr. Petrucelly will assist in the transition of the Chief Financial Officer role until his departure from the Company, will serve as a consultant to the Company until December 31, 2016. On August 30, 2016, the Company's Board of Directors appointed Dan Murale to serve as the Company's Vice President of Finance and Interim Chief Financial Officer.
Mr. Murale shall also assume the roles of principal financial officer and principal accounting officer of the Company. Mr. Murale, age 31, has served as the Company's Director of Finance since June 2013. Prior to joining the Company, Mr. Murale worked at KPMG LLP from August 2006 until June 2013.
FalconStor Software, Inc. is a provider of data protection software with a focus on recovery and backup operations for the hybrid cloud world. The Company enables enterprise customers and managed service providers to secure, migrate, and protect their data while reducing data storage. Its products are offered through and supported by a worldwide network of original equipment manufacturers (OEMs), managed service providers (MSPs), systems integrators, and resellers. Its products are StorSafe, Virtual Tape Library (VTL), Continuous Data Protector (CDP), Network Storage Server (NSS) and StorSight. The Companyâs supporting technologies include RecoverTrac (RecoverTrac) Disaster Recovery Technology and MicroScan (MicroScan) Technology. FalconStor and FalconStor Software are trademarks of the Company in the United States and other countries. Its geographical areas include the Americas, Asia Pacific, and Europe, the Middle East, Africa, and other.
FALCONSTOR SOFTWARE, INC. 