Former CEO Mike Fabiaschi Passes Away Suddenly
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We are saddened to announce that Michael Fabiaschi, former President and Chief Executive Officer of Enterasys, died suddenly overnight on September 22nd at his home in Rye, New Hampshire. Mark Stone, Enterasys Chairman of the Board, has been named interim CEO. Michael Fabiaschi, a 25-year technology industry veteran, joined Enterasys in April 2006. During his tenure, Fabiaschi returned the company to profitability and implemented a customer-driven versus engineering-driven culture. Fabiaschi made it easier to do business with Enterasys by focusing on customer and partner satisfaction - a philosophy that will continue to guide the company towards future growth. |
“Mike was an outstanding individual, a valued friend and he will be sorely missed by everyone. Our sympathies are with his wife and family during this difficult time.”
Alec Gores
Founder, Chairman, CEO,
The Gores Group
“Mike was a charismatic leader who made a remarkable and immediate impact on customers, partners, and employees. His untimely passing takes away from his family and friends a man who has been, and will remain, an inspiration to us all. He was a trusted advisor and someone who was deeply respected not just by his peers, but by all who had the privilege to work with him.”
Trent Waterhouse
VP of Marketing,
Enterasys
Fabiaschi has a long and proven history of leading technology companies to growth and profitability. Prior to his work at Enterasys, Fabiaschi was a Senior Vice President at CA (formerly Computer Associates), responsible for launching its efforts in the telecommunications vertical and for its fault and performance management software business. Prior to CA, Fabiaschi was president and CEO of Aprisma, a fault and performance management company that was acquired by The Gores Group in August 2002. Fabiaschi led Aprisma to 12 consecutive quarters of revenue and earnings growth.
Fabiaschi, who was 53 years old, is survived by his wife and two daughters, one grandchild, four siblings, and his father.
“The industry has lost a great leader. Mike was a champion of the view that customers are your best asset and he worked so hard to build and nurture strong customer relationships. He really focused on making the companies he worked with more responsive and open to customers and ensuring that their needs were met. IT executives have lost a good friend and the industry is diminished by his passing.”
John Gallant
CEO,
Network World