Quorum Closes In On New Long-term CEO

Quorum’s search for a new long-term CEO is coming to a close, Walter Angerer, the cloud-based backup and disaster recovery (BDR) company’s interim CEO, told Talkin’ Cloud in an interview.

While Angerer could not comment on how many individuals are on Quorum’s list of potential candidates, he did say he expects the company to appoint a new permanent long-term CEO in Q2.

“I hope I’m not going to jinx it by saying that I hope we’ll be able to announce it in Q2” he said. “We are very close, but until it’s done, it’s not done,” he said.

Angerer’s plan is to hire someone who will be able take over for him and become Quorum’s permanent long-term CEO.

His replacement will have a strong background in storage and disaster recovery, knowledge of the company’s competitive landscape and the skills needed to continue product innovation. 

Angerer joined Quorum’s board of directors a month after his VC firm, Toba Capital, led a $11 million Series B funding round.

He also is the current CEO of Parsec Labs LLC, a Minneapolis-based storage virtualization company that specializes in network-attached storage (NAS).

Follow CJ Arlotta on Twitter @cjarlotta and Google+ for further updates on the story above.