Fusion-io names Cisco’s Ted Hull as CFO

Fusion-io CFO Ted Hull[/caption]

Fusion-io, the Cottonwood Heights-based computer memory firm, named Ted Hull as its chief financial officer.

Hull comes to Fusion-io after working since 2007 as vice president of finance at Cisco. Hull joins Shane Robison who became the company’s CEO in May from after departing HP.

Full press release:

SALT LAKE CITY , Dec. 5, 2013 /PRNewswire/ — Fusion-io today announced that Ted Hull, previously vice president of finance at Cisco since 2007, has joined Fusion-io as executive vice president and chief financial officer. Hull, age 56, will oversee Fusion-io’s finance, accounting, investor relations, and facilities functions.

“As we refine Fusion-io’s go-to-market strategy in order to position the company for the next stage of growth, we are intensely focused on delivering value to our customers, partners and shareholders,” said Shane Robison, Fusion-io chairman and chief executive officer. “Ted’s financial leadership and expertise in a variety of technology companies, as well as his business operations background and industry knowledge, make him a tremendous asset to our leadership team as we move the company forward in this dynamic and growing market for flash memory-based application acceleration solutions.”

“Given the uniqueness of its technology and strong relationships with key industry partners, I believe Fusion-io is exceptionally well positioned for growth over the next several years,” said Hull. “I’m pleased to be coming on board to work with the team as we execute on the opportunity before us by focusing on tighter integration with our OEM and ISV partners, better market segmentation, and expansion within key geographies.”

While at Cisco, Hull served in a variety of financial leadership positions including vice president of finance and functional CFO for the global sales, service, channels and marketing organization. Prior to Cisco, Hull served as CFO at Isola, a materials company owned by private equity firm, Texas Pacific Group (TPG), as well as vice president of finance and then CFO at Maxtor, and as vice president of finance at Exodus Communications. He also served as division controller in the IBM SSD division, in addition to other senior financial roles at IBM during his seventeen-year tenure at the company. Hull holds a B.A. from Binghamton University and an MBA from Florida Atlantic University.