FalconStor announces Todd Brooks as CEO and Patrick McClain as CFO
FalconStor announced the appointment of Todd Brooks as CEO and Patrick McClain as CFO, both effective immediately. In concert with these appointments, Todd Oseth, formerly FalconStor president and CEO, will move into a strategic industry advisor role to support the company's reorganization efforts, and Dan Murale, formerly FalconStor CFO, resigned to pursue other opportunities. Brooks is an experienced chief executive with proven success in re-energizing growth and profitability for mature enterprise software companies across the globe. Brooks is an operating partner with Razorhorse Capital, leading the firm's value creation practice for software portfolio companies. Previously, he was COO for Aurea Software, and CEO for Update Software, a publicly traded company in Europe. McClain has served as a key financial executive leader within numerous technology companies. Prior to joining FalconStor, he was CFO for Aurea Software, CFO for Rules Based Medicine, and a fractional CFO for over 20 software and technology clients. McClain began his career with Price Waterhouse as an audit manager.