<![CDATA[Gawker: valleywag, diane green]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, diane green]]> http://gawker.com/tag/valleywag/dianegreen http://gawker.com/tag/valleywag/dianegreen <![CDATA[VMware shares sink underwater with crew fleeing and sharks circling]]> New CEO Paul Maritz, formerly of Microsoft, may have just taken the helm of a sinking ship in VMware. CEO Diane Greene was unceremoniously ousted by chairman and CEO of corporate parent EMC Joe Tucci last month, leaving no women navigating any top Valley companies. Her husband, cofounder and fellow sailor Mendel Rosenblum to whom Tucci offered the CEO job and a board seat, has now officially resigned; product development VP Paul Chan soft-quit and will be gone by October; and VP of R&D Richard Sarwal moved to competitor Oracle last week (where, thanks to a recent California court decision, he does not have to honor any non-compete agreements).

Rosenblum has been on vacation for a month after Greene's firing, possibly to lessen the bad publicity ahead of VMworld 2008 in Las Vegas which starts next Monday — while Microsoft has been busy introducing its own virtualization technologies in a barnstorming campaign this week. My advice to Greene and Rosenblum? Sell those pre-IPO options as soon as you can, because the stock is bound to dip below the initial price sooner rather than later.

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<![CDATA[Valley's 150 biggest companies all run by men]]> With Diane Greene ousted as the CEO of Silicon Valley software company VMware by a jealous man and replaced by testosterone-laden former Microsoftie Paul Maritz, there's not a single woman running any of the Bay Area's largest 150 companies by revenues. We'd be less despondent about this if the up-and-coming women didn't have us so down.

Facebook COO Sheryl Sandberg strikes us as more concerned with her personal PR than with the boring but important operational problems she was hired to solve. Yahoo president Sue Decker can be as Machiavellian as any guy, but her boneheaded reorgs are responsible for much of the company's current straits. Greene was one of the few women leaders in the Valley who seemed worthy of out-and-out admiration. That she was ousted by a jealous man makes the absence of her equals all the more glaring.

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