Storage network chip startup Trebia Networks Inc. has recruited industry veteran Ruediger (Rudi) Stroh as its CEO following a management shakeup at the company in which former CEO Bob Conrad was booted out the door (see Trebia Ousts CEO).
"We have a great CEO on board. He is Ruediger Stroh," says Atiq Raza, principal at Raza Foundries, which is an investor in Trebia. Raza, who is on Trebia's board of directors, would not discuss the circumstances behind the changes in the company's management team.
In February, Trebia's investors apparently ousted Conrad and VP of engineering Willie Anderson in a dispute over the company's burn rate and its strategic direction, according to a source familiar with the matter.
Stroh could not immediately be reached for comment. A Trebia spokeswoman would not provide any information, saying, "We still have not made a public statement regarding our new CEO."
Most recently, Stroh was CEO of Systemonic AG, a startup based in Dresden, Germany, which developed chipsets for 802.11 wireless networking systems. Systemonic was acquired by Royal Philips Electronics NV (NYSE: PHG; Amsterdam: PHI) in December 2002.
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