 Scott McNealy has been Sun's CEO since it was founded
 Jonathan Schwartz will now act as Sun's new CEO
After founding Sun and serving as CEO for 22 years, Scott McNealy passes the torch
After 22 years at the helm of Sun Microsystems, Scott McNealy has stepped down as the CEO of the company. In his place, Jonathan Schwartz will take over the role of CEO while McNealy will be acting as Sun's new Chairman of the Board.
"Sun has been a labor of love for me for since 1982 and it has been an honor and privilege to serve as its CEO for the past 22 years. We've helped shape the industry as it is today and the opportunities before us are immense. I look forward to a smooth transition and to working with Jonathan on Company strategy in my continued role as chairman," said McNealy.
Previous to Sun, Schwartz was President and CEO of LightHouse Design, which was later acquired by Sun. After the acquisition, Schwartz held numerous positions in the company, including executive vice president of its software division,. Sun made Schwartz its President and Chief Operating Officer in 1996 and has been doing quite well since then. According to Sun, McNealy will be focusing on government and academic projects, two industries that Sun has a strong presence in.
Scott McNealy founded Sun back in 1982 along with several other colleagues.
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