Joel Kocher
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Joel Kocher is an American businessman.
He was an employee of Dell until he was fired and joined Artisoft. He left to go to work for Power Computing in 1996. He became the President of that company, which built Apple Computer Mac clones until it was shut down after Steve Jobs at Apple decided to pull their clone license. Kocher left the company after it filed for bankruptcy and the board of Power Computing refused to sue Apple.
Kocher later joined public company Micron PC as President and CEO. A few years later, he declared "The PC is Dead" and sold off the core PC business to Gores Technology Group and subsequently merged with Interland (now Web.com). Interland struggled for a number of years and Kocher was later fired and replaced by Jeff Stibel, who was brought in by the Board of Directors to turnaround the struggling company.
In February 4 of 2003, Interland and its former Chief Executive Officer Joel Kocher were sued by Gabriel Murphy and Bryan Heitman, co-founders of CommuniTech.Net for $26.7 million.[1] Murphy and Heitman sold their business to Interland on February 8, 2002. According to the complaint, the company and Joel Kocher failed to disclose material events that occurred the same date and the company failed to timely register Murphy and Heitman's Interland stock as promised.[1] The case is pending and jury trial in Heitman v. Interland, et. al. is set for June 25, 2007 in Jackson County, Missouri.
[edit] References
- ^ a b Brown, M. Steele. "CommuniTech founders sue Interland for $26.7M", Kansas City Business Journal, 2002-02-15. Retrieved on 2007-02-02.