Cloud Computing: Tucci to Run EMC Till February 2015

Well, heck, no wonder Pat Gelsinger took the job running VMware after he was promised he would be made CEO of VMware parent company EMC when Joe Tucci retired, the very reason he bolted Intel.
Tucci just doesn’t want to go.
After saying he would go this year and then saying he would go next year, late Thursday it became clear from an SEC filing that he won’t step down until February of 2015 when he’s just supposed to be chairman of both EMC and VMware.
He’s going to get another $8 million in restricted stock from the remade employment contract tied to performance over the next two years.

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