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Akamai Names Michael Ruffolo Chief Operating Officer

Akamai Technologies Inc announced it has named Michael Ruffolo as the company's chief operating officer (COO). As COO, Ruffolo will be responsible for achieving Akamai's operational objectives with a clear focus on profitable revenue growth, customer acquisition and retention, and technology innovation. Ruffolo joined Akamai in August of 2001 as executive vice president with more than 20 years of leadership experience in the high-technology industry.

"Since joining Akamai, Mike has demonstrated his significant talent as a trusted leader and an effective manager," said George Conrades, chairman and CEO of Akamai. "He has been a key member of the management team that has led the company's turnaround and we look forward to his continuing contributions to Akamai's success."

Akamai also announced that Robert Hughes, formerly vice president of North American Sales, has been appointed as vice president of global sales and services, reporting to Ruffolo; and that the company is conducting a search for a vice president of global marketing, also to report to Ruffolo.

"Bob Hughes has done an outstanding job throughout his four-year tenure at Akamai," said Ruffolo. "Most notably, he has been instrumental in driving a major improvement in North American sales including channels, professional services and technical consulting. We are very confident in his ability to lead Akamai's global sales efforts."

Ruffolo will continue to report directly to Conrades along with the other members of the senior management team, that includes:

• Paul Sagan, president
• Bob Cobuzzi, vice president and chief financial officer
• Chris Schoettle, executive vice president of technology, networks and support
• Bill Weihl, chief technology officer
• Tom Leighton, co-founder and chief scientist
• Melanie Haratunian, vice president and general counsel

Akamai recently completed the company's most successful financial quarter, ending the third quarter on September 30 by increasing revenue more than 10 percent quarter-over-quarter to $41.8 million.