Kim Edwards: End Of A Reign At Iomega
HIS SPIN AT THE WHEEL IS OVER. On Mar. 25, Kim Edwards abruptly resigned as CEO of Iomega, maker of the popular Zip disk drive. During his four years, Edwards turned Iomega, whose products offer high-capacity backup storage for PCs, into a high-tech highflier. Driven by heavy spending on catchy ads, sales skyrocketed to $1.7 billion from $141 million, and Iomega's stock became a Wall Street darling.
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