VMware has named Executive Vice President and COO Rangarajan “Raghu” Raghuram as its new CEO. The change will take effect in early June.

Raghuram replaces current CEO Zane Rowe, who took over the role of “interim” business, while the company sought a long-term successor to Pat Gelsinger.

A number of analysts predicted a new CEO would come out of the company, with Chief Operating Officer Sanjay Poonen being the most likely candidate. However, Raghuram’s promotion came with the news that Poonen had decided to leave the company after seven years.

Raghuram is an 18 year veteran with VMware and is currently responsible for its products and cloud services. He was part of the team that helped develop its core virtualization business and is believed to have played a “central” role in the company’s merger and acquisition strategy since 2003 and has been a key driver of the partnerships with Dell Technologies.

“Congratulations to my good friend @RaghuRaghuram on your well-deserved promotion to …

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