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TableofContents
Intel’sSeniorVicePresident,ChiefTechnologyOfficerfrom2002to2005.Priortothis,Mr.GelsingerledIntel’sDesktopProductsGroup.
Carl M. Eschenbach hasservedasPresidentandChiefOperatingOfficerofVMwaresinceDecember2012.HehadpreviouslybeenappointedCo-President
andChiefOperatingOfficerinApril2012.Mr.EschenbachhadpreviouslyservedasVMware’sCo-President,CustomerOperationsfromJanuary2011toApril
2012andasVMware’sExecutiveVicePresidentofWorldwideFieldOperationsfromMay2005toJanuary2011.PriortojoiningVMwarein2002,hewasVice
PresidentofNorthAmericaSalesatInktomifrom2000to2002.Healsoheldvarioussalesmanagementpositionswith3ComCorporation,LucentTechnologies
Inc.andEMC.Mr.EschenbachcurrentlyservesontheboardofPaloAltoNetworks.
Jonathan C. Chadwick hasservedasVMware’sChiefFinancialOfficer,ChiefOperatingOfficerandExecutiveVicePresidentsinceAugust2014.Mr.
ChadwickjoinedVMwareasitsChiefFinancialOfficerandExecutiveVicePresidentonNovember2012.Previously,Mr.ChadwickhadbeenChiefFinancial
OfficerofSkype,aproviderofInternet-basedvoicecommunication,sinceMarch2011,andaCorporateVicePresidentofMicrosoftCorporationsinceits
acquisitionofSkypeinOctober2011.Mr.ChadwickjoinedSkypefromMcAfee,anantivirussoftwareandcomputersecuritycompany,wherehewasthe
ExecutiveVicePresidentandChiefFinancialOfficerfromJune2010untilFebruary2011,whenMcAfeewasacquiredbyIntelCorporation.From1997to2010,
Mr.ChadwickheldvariousfinancerolesatCiscoSystems,anetworkingequipmentcompany.AtCisco,Mr.ChadwickservedasSeniorVicePresident,CFO-
GlobalCustomerMarketsfromJuly2009toJune2010,SeniorVicePresident,CorporateControllerandPrincipalAccountingOfficerfromJune2007untilJuly
2009,VicePresident,CorporateControllerandPrincipalAccountingOfficerfromSeptember2006toJune2007andVicePresident,CorporateFinance&
PlanningfromFebruary2001toSeptember2006.Mr.ChadwickcurrentlyservesontheboardofF5Networks,Inc.OnJanuary20,2016,Mr.Chadwickresigned
fromhispositionasVMware'sChiefFinancialOfficer,ChiefOperatingOfficerandExecutiveVicePresident,effectiveasofMarch1,2016.Mr.Chadwickwill
staywithVMwareinatransitionalroleuntilApril1,2016.
Sanjay Poonen hasservedasVMware’sExecutiveVicePresidentandGeneralManager,End-UserComputingsinceAugust2013.PriortojoiningVMware,
hespentmorethansevenyearsatSAPAG,servingasPresidentandCorporateOfficerofPlatformSolutionsandtheMobileDivisionfromApril2012untilJuly
2013,priortothatasPresidentofGlobalSolutionsfromNovember2010toMarch2012,asExecutiveVicePresidentofPerformanceOptimizationAppsfrom
June2008toSeptember2009andSeniorVicePresidentofAnalyticsfromApril2006toMay2008.Mr.Poonen’sover20yearsoftechnologyindustryexperience
alsoincludedexecutive-levelpositionswithSymantecandVeritas,andproductmanagementandengineeringpositionswithAlphablox,Apple,Inc.andMicrosoft
Corporation.
Rangarajan (Raghu) Raghuram hasservedasVMware’sExecutiveVicePresident,Software-DefineDataCenterDivisionsinceApril2012.Mr.Raghuram
joinedVMwarein2003andhasheldmultipleproductmanagementandmarketingroles.Mr.RaghuramservedasSeniorVicePresidentandGeneralManager,
CloudInfrastructureandManagement,VirtualizationandCloudPlatforms,andEnterpriseProducts,fromDecember2009throughMarch2012.Mr.Raghuram
previouslyservedasVicePresidentofVMware’sServerBusinessUnitandofProductandSolutionsMarketingfromSeptember2003throughDecember2009.
PriortoVMware,Mr.RaghuramheldproductmanagementandmarketingrolesatNetscapeandBangNetworks.
S. Dawn Smith hasservedasVMware’sSeniorVicePresident,ChiefLegalOfficer,ChiefComplianceOfficerandSecretaryatVMwaresinceDecember
2015.ShejoinedVMwareasSeniorVicePresident,GeneralCounselandSecretaryinSeptember2009andshewasalsoappointedasChiefComplianceOfficerin
August2010.PriortojoiningVMware,Ms.SmithwasapartneratMorrison&FoersterLLP,alawfirm.PriortojoiningMorrison&FoersterLLP,shewasan
attorneyatWilsonSonsiniGoodrich&RosatiP.C.
OnJanuary26,2016,weannouncedtheappointmentofZaneRowe,age45,toserveasVMware'sChiefFinancialOfficerandExecutiveVicePresident,
effectiveMarch1,2016.Mr.RoweiscurrentlyExecutiveVicePresidentandChiefFinancialOfficerofEMCandhasservedinthatpositionsinceOctober2014.
PriortojoiningEMC,Mr.RowewasVicePresidentofNorthAmericanSalesofAppleInc.,atechnologycompanythatdesigns,develops,andsellsconsumer
electronics,computersoftware,onlineservices,andpersonalcomputers,fromMay2012untilMay2014.HewasExecutiveVicePresidentandChiefFinancial
OfficerofUnitedContinentalHoldings,Inc.,anairlineholdingscompany,fromOctober2010untilApril2012andwasExecutiveVicePresidentandChief
FinancialOfficerofContinentalAirlinesfromAugust2008toSeptember2010.Mr.RowejoinedContinentalin1993.
ITEM 1A. RISK FACTORS
Theriskfactorsthatappearbelowcouldmateriallyaffectourbusiness,financialconditionandoperatingresults.Therisksanduncertaintiesdescribedbelow
arenottheonlyrisksanduncertaintiesfacingus.Ourbusinessisalsosubjecttogeneralrisksanduncertaintiesthataffectmanyothercompanies.Specificrisk
factorsrelatedtoourstatusasacontrolledsubsidiaryofEMCCorporation(“EMC”),including,amongotherthings,Dell’sproposedacquisitionofEMC(the“Dell
Acquisition”),overlappingbusinessopportunities,EMC'sabilitytocontrolcertaintransactionsandresourceallocationsandrelatedpersons
11