Longtime Sun director Doerr to step down
Venture capitalist John Doerr, a Sun Microsystems board member since the computer maker's founding in 1982, will resign that post on Nov. 2.
"On Aug. 30, 2006...Doerr notified Sun that he will not be standing for re-election as a director of Sun when his term expires on Nov. 2, 2006," Sun said Wednesday in a regulatory filing.
Doerr, 55, is a partner at Kleiner Perkins Caufield & Byers, a storied Silicon Valley venture capital firm. He also helped finance and is a board member at Google, Amazon.com, Intuit and other companies.
"(I) resigned for more time with family. The kids grow so fast," Doerr said in an interview. He also lavished praise on the company and board he's leaving: "Sun's in great shape: revenue momentum building, hot new products, a terrific management team and a strong board of directors."
0 votes
