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Sun Names Its Computer Chief to COO Post

January 22, 1998|Reuters

Sun Microsystems Inc. said it named Ed Zander, president of Sun's computer business, as chief operating officer, officially making him the No. 2 executive to Sun Chief Executive Scott McNealy. While the move could be viewed as making Zander the heir apparent to McNealy, many analysts point out that McNealy, 43, is not expected to step down any time soon. Zander, 51, who has been running Sun's hardware business for more than three years, is probably one of the most sought-after executives in Silicon Valley and has been widely identified as a possible CEO candidate for Apple Computer Inc. Zander declined to comment on speculation about other job offers. Sun has not yet decided who will replace Zander. Sun shares fell $1.25 to close at $45.94 on Nasdaq.

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