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Sun CEO Announces Resignation On Twitter

4 February 2010

I always enjoyed the blog … nothing lasts forever, though:

Jonathan Schwartz was considered a longshot to stay at Sun after its acquisition by Oracle.

Sun Microsystems CEO Jonathan Schwartz, an advocate of Web 2.0, used Twitter early Thursday to announce his resignation. He was named CEO in 2006 as Sun faced a switch in strategic direction away from proprietary systems and toward open source code, including its valued Solaris 10 operating system.
“Today’s my last day at Sun. I’ll miss it,” he said in a tweet to his followers, reported the New York Times on its Web site at 1:12 a.m. Thursday. He added a bit of haiku: “Financial crisis, Stalled too many customers, CEO no more.”
Schwartz was the first CEO of a major company to use the blogging format to announce his positions and comment on issues in the industry. He advocated that blogs be given the same status as press releases with the Securities Exchange Commission. The New York Times observed that he’s the first Fortune 200 executive to use Twitter to announce his resignation.

Read the whole article on Information Week.


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