CEO of Sun Microsystems Tweets His Resignation

CEO of Sun Microsystems, Jonathan Schwartz, has resigned and as only appropriate for a CEO of an IT company, he went out in style, tweeting his resignation. But it wasn’t just any old tweet, it was a full on tweet-haiku. Yeah, pretty awesome.

Schwartz has officially become the first Fortune 200 boss to tweet his resignation, which isn’t too big a surprise, considering he was the first chief executive of a major company to come out with a public blog of his own. He had also pushed the Securities and Exchange Commission to treat blogs the same as press releases and filings in matters of disclosing critical business matters to investors.

The reason behind Schwartz’s resignation is said to be because Sun was recently acquired by Oracle, which acquired the company after I.B.M. had moved to buy them out, but when negotiations came to a standstill, Oracle moved quickly to grab it. In an interview conducted last week with Oracle CEO Larry Ellison, he had stated that he fully expects Schwartz to resign, rather than play a role in the new Sun/Oracle company.

While it is not well-known what is next for Jonathan Schwartz, he had stated in an e-mail that “with a few million businesses and a few billion consumers on the Web, rumor has it there are some interesting opportunities to be had.” and he is completely right; you never know what’s going to happen when it comes to an IT professional joining the ranks of the recently unemployed, but I’m sure the right company will snatch him up, perhaps a company with the same innovative ideas and mindset for the internet and blogging world.

Win a Heart-Shaped Loose Diamond

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Submissions for the contest will end on February 11, 2008 and the winner will be announced shortly after, so get your submissions in soon!