Movers and Shakers: Where Some of IT's Top Executives Are Going - Slide 9

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ReiJane Huai abruptly resigned as FalconStor Software's president, CEO, and chairman amid allegations that “certain improper payments were allegedly made in connection with the Company's contract with one customer,” reports CRN. FalconStor's Board of Directors has named James McNiel, the company's chief strategy officer, as interim CEO and interim president.

Business First reports that according to global outplacement consultant Challenger, Gray & Christmas Inc. of Chicago, September 2010 was a tumultuous month for CEOs as the turnover rate surged to a four-month high. September CEO departures were up 17 percent from August and 5.7 percent from the same month a year ago.

John A. Challenger, CEO of Challenger, Gray & Christmas, says several factors are contributing to the turnover rate, including

“a volatile economy, an aging CEO population, a brighter spotlight on the CEO position and calls for more accountability on the part of corporate leadership.”

The technology industry was not immune from shakeups. We’ve compiled a list of the movements of some of IT’s big names.

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