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By | Paul Kunert 6th November 2012 16:29

Fujitsu Technology Solutions CEO throws in the towel

Schwirz to 'pursue ambitions'. Don't let them get far

Fujitsu Technology Solutions (FTS) CEO Rolf Schwirz has resigned, The Channel can reveal.

He was brought into the Fujitsu fold in August 2010 after rocking up from SAP where he was head of mature markets EMEA. Prior to that he held various senior roles over a 12-year stretch at Oracle.

Trotting out the much-used corporate line a Fujitsu press man told us that Schwirz has "left the company to pursue his career ambitions elsewhere".

In the interim, Rod Vawdrey, corporate senior veep and president of the Global Business Group, the exec who replaced Fujitsu veteran Richard Christou, is to head up FTS.

The spokesman said the firm expects to have a permanent successor to Schwirz in place by the start of the calendar new year but was unable to comment further.

In its last set of financials for fiscal Q2 ended September, FTS - which includes what was Fujitsu Services - saw revenues dip 1.8 per cent to ¥713.3bn (£5,5bn) but this was weighed down by declines outside of Japan.

In its homeland, sales grew 1.3 per cent to ¥478.2bn (£3.73bn) as international sales dropped 7.6 per cent to ¥235.1bn (£1.83bn).

System platform sales slipped 2.8 per cent to ¥137.6bn and services went backwards 1.5 per cent to ¥575.6bn.

To provide some perspective, HP experienced a fiscal Q3 slump, Dell posted similarly disappointing figures and the other big system house IBM had a rough ride too in its last set of numbers. ®

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