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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

April 24, 2006 at 2:18 PM

McNealy steps down


DAVID PAUL MORRIS / GETTY IMAGES
Scott McNealy at a 2003 news conference.

After 22 years as CEO, Sun Microsystems’ Scott McNealy abruptly resigned today, the same day the company is reporting that its quarterly losses widened to $217 million, compared with $28 million a year ago.

McNealy, who co-founded the company, will stay on as chairman. Sun promoted COO Jonathan Schwartz to take McNealy’s place. The news is conspicuously absent from Schwartz’s blog, which features a huge picture of himself meeting with the president of Brazil.

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