Formation Data Systems Expands Leadership Team with Esteemed IT Veterans

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Former EMC Director of Product Marketing and Head of Finance at Syncplicity (EMC) to Drive Business Momentum at Formation

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Formation Data Systems, a disruptive startup revolutionizing enterprise storage, today announced the appointment of Rick Walsworth, Vice President of Marketing, and Eric Chan, Vice President of Finance and Administration, to its executive ranks.

Underscoring the company’s commitment to transform the antiquated and costly enterprise storage market, Formation Data Systems Chairman and Chief Executive Officer Mark Lewis, said, “Formation is continuing to build momentum in the storage market. To account for our fast client growth, we recognized the need to recruit the best talent and team players in the industry to help drive us further forward. Both Rick and Eric, coming from strong IT backgrounds at EMC, were the perfect fit for our executive team. They are both strategic thinkers focused on execution, who have a deep understanding of our vision for the market as well as our modern approach to dynamic storage.”

With more than two decades of experience building and transforming emerging technology brands, Walsworth brings a proven track record of in-depth marketing and communications expertise to Formation. In his role as Vice President of Marketing, Walsworth will be responsible for driving brand and corporate strategy across all marketing and communications initiatives to drive awareness and revenue growth for the company as it continues to execute on its mission to transform data storage.

Prior to joining Formation, Walsworth was director of product marketing for EMC’s Emerging Technologies Division where he drove product and go-to-market strategy as part of the company’s acquisition of Kashya, a privately held provider of enterprise-class data replication and data protection software. Prior to Kashya being acquired, he served as vice president of marketing, driving awareness and revenue growth for the company in the competitive storage market, following successful marketing leadership roles at Maranti Networks and SAN Valley Systems.

In the position of Vice President of Finance and Administration, Chan brings close to two decades of experience as a finance leader to Formation. Chan will be responsible for all financial operations and planning, also serving HR functions. Before joining Formation, Chan served as the head of finance at Syncplicity, a business unit at EMC. During his tenure, Eric built the business unit's finance and accounting functions required to fulfill quarterly compliance requirements and achieving operating numbers targets while balancing the longer-term vision for future investments. Before leading the Syncplicity finance and accounting team, Chan held various operating and financial management leadership roles at companies such as SuccessFactors and VMWare, another EMC company.

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For more information, please contact Ryan Mattison at Eastwick – FDS(at)eastwick(dot)com | 415-820-4484

About Formation Data Systems
Formation Data Systems' mission is to help IT organizations realize the transformative benefits of modern storage technology. Formation has developed the revolutionary FormationOne™ Dynamic Storage Platform that combines the agility, flexibility and simplicity of public cloud web-scale approaches with the control, security and customization capabilities of private datacenter storage. FormationOne has been built for Enterprise IT, SaaS application providers, and service providers, seeking ways to transform the agility and economics of their storage and data management environment. The platform is currently in beta and available by request from customers who are looking for a better approach to today’s enterprise storage offerings.

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John Vu
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