Exhibit 99.1
Quantum Appoints Henk Jan Spanjaard as Chief Revenue Officer
Spanjaard Will Lead Global Sales Strategy and Execution as Company Seeks to Capitalize
on Improved Pipeline and Maximize Opportunities with its Expanding Product Portfolio
SAN JOSE, Calif. — November 16, 2023 — Quantum Corporation (NASDAQ: QMCO) (Quantum or the Company) today announced
the appointment of Henk Jan Spanjaard as its Chief Revenue Officer, effective November 9, 2023.
“Henk Jan has done an outstanding job in
leading EMEA Sales since joining the Company three years ago,” said Jamie Lerner, Quantum’s president and chief executive officer. “With his demonstrated track record and expertise in global sales strategy and execution, we are
excited for Henk Jan to step into this new role at a time when we see improved pipeline for our ActiveScale Cold Storage and DXI products and are poised to take advantage of market opportunities when our new Myriad product becomes generally
available. I look forward to working with him to continue executing on our strategy to increase sales efficiency, product mix and revenue growth to further drive margin improvement and profitability across our business.”
Spanjaard, 57, brings more than three decades of experience improving sales execution and growing revenue – including developing new, profitable
relationships at large enterprise customers and strategic channel partners – and has a strong track record of building and strengthening distributed sales teams and channel presence. He served as the Company’s Vice President, EMEA Sales
beginning in July 2020. Prior to that, he held several technology sales leadership roles, including at DriveScale, A10 Networks, Inflobox, and NetApp.
Spanjaard said, “I am excited to take on this new role with Quantum. I believe we have a substantial opportunity ahead of us with our growing pipeline
and expanding product portfolio, including our exciting new Myriad product. I look forward to applying the successful EMEA sales strategy to our entire global team and driving our growth in enterprise markets by leveraging the breadth and depth of
our end-to-end product portfolio.”
Spanjaard will succeed John
Hurley, who will transition out of the Company in December to pursue personal and philanthropic interests. Lerner said, “John provided invaluable sales leadership for Quantum at a critical time and assisted in transforming the inside sales
organization. We thank him for his many contributions and wish him every success in his next endeavors.”
About Quantum
Quantum technology, software, and services provide the solutions that today’s organizations need to make video and other unstructured data smarter –
so their data works for them and not the other way around. With over 40 years of innovation, Quantum’s end-to-end platform is uniquely equipped to orchestrate,
protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring
their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO). For more information visit www.quantum.com.