McNiel locks down top job at FalconStor

Interim chief executive given job on permanent basis

Storage vendor FalconStor Software has announced that interim chief executive James McNiel will stay on in the role permanently.

McNiel was given temporary control of the company in September following the departure of president and chief executive ReiJane Huai who stepped down in a row over improper customer payments.

Prior to joining FalconStor in 2009, McNiel was head of corporate development at Cheyenne Software, which he is credited with helping become a billion-dollar vendor.

The vendor said it has given McNiel the task of building awareness of the FalconStor brand and turning it into a market leader.

McNiel said: "This is an auspicious time for FalconStor, with its depth of technical expertise and strong industry partnerships to lead the way towards addressing IT's most pressing business continuity challenges."

Eli Oxenhorn, non-executive chairman of FalconStor's board of directors, added: "We invited Jim to join FalconStor's executive team for his demonstrated ability to recognise market opportunities, articulate a vision and lead teams."