Networking supplier 3Com is looking for a new president and chief executive officer after Bruce Claflin announced his retirement this week.
Claflin joined 3Com in 1998 as president and chief operating officer after arriving from Digital Equipment. Clafin has held the CEO post since January 2001, and helped 3Com weather the dotcom boom and bust.
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The loss-making company says it will be breaking even by its fiscal quarter ending February 2007.
3Com formed a joint venture with Chinese networking supplier Huawei in 2003, which enabled 3Com to return to the enterprise network equipment market. Its earlier exit had caused acrimony among resellers.
One of Claflin’s major tasks was to help repair bridges with enterprise network resellers. Good take-up of a raft of products designed for the lower-end of the market has helped in this direction, but the company is still struggling to make up lost ground in the higher-end enterprise market.
Last year 3Com acquired leading network intrusion prevention system supplier TippingPoint to bolster its security products.
3Com said Claflin was helping it find his successor, and he would stay on for six months to ease the transition when the new CEO was appointed.