April 7, 2025:
Quantum Restructures Leadership for AI Growth - Quantum Corporation has restructured its leadership and debt to support AI-focused growth. Dialectic Capital Management acquired $51 million of Quantum's debt from Blue Torch Capital, with John Fichthorn returning to Quantum's Board. Lewis Moorehead was promoted to CFO, replacing Ken Gianella. Todd Arden resigned from the Board, and Chris Neumeyer from PIMCO will join as a non-voting observer.
These changes aim to boost Quantum's financial flexibility and support its strategies to offer comprehensive data management solutions for AI-driven organizations. Quantum is dedicated to enhancing data management value through AI.
