Albertson was ousted by Iomega's board in May over differences about the company's strategic direction.

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He added that Mr Murthy's "entrepreneurial and leadership record and the long experience he has had as a technology pioneer makes him eminently qualified to lead the company and provide strategic direction at this point in time".

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However, if a company has decided to change strategic direction, then a leveraged recapitalization of the balance sheet is not necessarily the best foundation to retool the enterprise.

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It's not just limited to currencies, but has an impact on liquidity, profit position and the strategic direction of the company.

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Executives all make big decisions, about hiring, company valuations, product launches, investments, strategic direction, building new facilities, mergers, acquisitions, changing technology, new approaches to doing business, and more.

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He is responsible for the strategic direction and growth of the company, and has a proven track record in many facets of enterprise software, from new application development to professional services.

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Brian Grey is Chief Executive Officer of Bleacher Report overseeing the strategic direction and day-to-day operations of the company.

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