During a game of musical chairs at data protection software and services startup EVault Inc., COO Phil Gilmour found himself sitting in the president and CEO seats when the music stopped this week (see EVault COO Becomes CEO).
Alston Noah, who had been CEO since September 2000, when his company, Vital Vault, merged with EVault, has become EVault's chairman. Noah replaces James Balkcom, who is affiliated with EVaults lead investor, Council Ventures LP.
Why the change? A major reason was the companys need to gather all of its management team together at its headquarters in Walnut Creek, Calif., Gilmour says. In 2000, Noah took over the helm of the company, but he never moved from his home in Huntsville, Ala.
"I want to be humble here, but we had such great success last year, and about 90 percent of the activity going on was emanating from Walnut Creek," he says. "I was already running most of the operations. It was a case of form following function, perhaps. This gives us a better management touch."
Privately held EVault, which provides disk-based backup and recovery software and services, claims it just completed the most successful year in its history (see Backup Service Providers Swell).
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