Sun Microsystems, Inc. – ‘8-K’ for 4/25/02 – EX-99.2

On:  Friday, 5/3/02   ·   For:  4/25/02   ·   Accession #:  891618-2-2146   ·   File #:  0-15086

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     17K 
 2: EX-99.1     Miscellaneous Exhibit                                  3     12K 
 3: EX-99.2     Miscellaneous Exhibit                                  3     13K 

EX-99.2   —   Miscellaneous Exhibit

EX-99.2
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Exhibit 99.2

FOR IMMEDIATE RELEASE                                                           

      For More Information
Media Contact:                                                                  
Penny Bruce   
        Sun Microsystems, Inc.
650-786-7220  
        penelope.bruce@sun.com

           Industry Analyst Contact:
Karen Zamel   
        Sun Microsystems, Inc.
510-936-2388  
     karen.zamel@sun.com

             Investor Relations Contact:
Mark Paisley  
        Sun Microsystems, Inc.
650-336-2238  
      mark.paisley@sun.com

SUN ANNOUNCES ZANDER TO RETIRE FROM FULL-TIME DUTIES THIS SUMMER                

Scott McNealy to Reassume Title of President                                    

SANTA CLARA, Calif., -- May 1, 2002 -- Sun Microsystems, Inc. (Nasdaq: SUNW), a 
leader in systems and solutions that make the net work, today announced that    
after more than 15 years of service to Sun, Edward Zander, 55, president and    
chief operating officer, has decided to retire from his full-time duties with   
Sun. Zander will remain in his position through the end of Sun's fiscal year.   
Effective July 1, 2002, Zander will hand over his full-time duties to Scott     
McNealy. He will then assist McNealy with the transition and begin a teaching   
and mentoring role at Sun for the balance of the calendar year.                 

"Over the last 15 years, Ed has worked tirelessly to lead Sun through several   
transformations and to the forefront of the computer industry," said Scott      
McNealy chairman and chief executive officer, Sun Microsystems, Inc. "We are a  
leader in our industry today in large part because of Ed's contributions. I want
to thank Ed for his unparalleled                                                

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commitment to our customers, shareholders and employees."                       

"Most importantly, he will leave Sun having developed an incredibly capable and 
broad team that has the same keen understanding of customers, execution and     
leadership. BusinessWeek once described him as 'one of the most feared,         
respected and well-liked executives in computerdom who has transformed Sun into 
the leading producer of high- power computers.' He leaves behind a significant  
legacy that will be felt for years to come. Any company should be so lucky as to
have a COO like Ed," McNealy added.                                             

"I am proud of all that we have achieved at Sun," said Zander. "This is a       
decision I have considered carefully over the past year. As we are marching down
the path back to profitability, and have, for the most part completed our       
massive product and customer engagement transitions, I believe I have           
accomplished what I set out to do. From a products, marketshare and strategy    
perspective, Sun is in a stronger position than it has been for many years. I am
leaving Sun on a high note and in the hands of a new generation of leaders that 
are the result of years of leadership development and succession planning."     

The company does not intend to name a replacement for Zander. Chairman and CEO  
Scott McNealy will reassume the title of president effective July 1. "Ed, as a  
contributor and cultural icon at Sun, is clearly irreplaceable. Looking ahead,  
our business structure has changed, evolving from a portfolio of companies to a 
single, integrated organization," added McNealy. After July 1, Zander's direct  
reports will report to McNealy. Zander will provide additional counsel and      
assist with the transition through calendar year 2002.                          

As president and chief operating officer, Zander has been responsible for       
executing Sun's global vision of being one of the largest suppliers of products,
technologies and services for making the net work. Zander has run the company's 
day-to-day business operations, including System Products, Storage Products,    
Software Products and Platforms, Enterprise Services, iPlanet E-Commerce        
Solutions, Global Sales Operations, worldwide manufacturing and purchasing,     
research and development, including the Office of the CTO, customer advocacy,   
and worldwide marketing.                                                        

Prior to being named chief operating officer, Zander was the president of Sun's 
multibillion dollar computer systems business. He also has held numerous other  
management positions at the company, including president of Sun's software      
division and vice president of corporate                                        

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marketing.                                                                      

Zander has more than 30 years of experience in the computer industry. Prior to  
Sun, he held management positions at Apollo, Data General and Raytheon.         

About Sun Microsystems, Inc.                                                    

Since its inception in 1982, a singular vision -- "The Network Is The           
Computer[tm]" -- has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its     
position as a leading provider of industrial-strength hardware, software and    
services that make the Net work. Sun can be found in more than 170 countries and
on the World Wide Web at http://sun.com.                                        

 ###

2002 Sun Microsystems, Inc. All rights reserved. Sun, Sun Microsystems, the Sun 
Logo, and The Network Is The Computer are trademarks or registered trademarks of
Sun Microsystems, Inc. in the United States and other countries. All SPARC      
trademarks are used under license and are trademarks or registered trademarks of
SPARC International, Inc. in the United States and other countries. Products    
bearing SPARC trademarks are based upon an architecture developed by Sun        
Microsystems, Inc.                                                              

This news release contains projections and other forward looking statements     
regarding future results and the future performance of Sun Microsystems, Inc.   
These statements, including the statement that Ed Zander's legacy will be felt  
for many years to come, are just predictions and involve risks and uncertainties
such that actual results and performance may differ materially. Factors that    
might cause such a difference include risks associated with increased           
competition, continued adverse changes in general global economic conditions,   
and the lack of ability to successfully hire, retain, and motivate key          
employees. These and other risks are detailed from time to time in Sun's        
periodic reports that are filed with the Securities and Exchange Commission,    
including Sun's annual report on Form 10-K for the fiscal year ended June 30,   
2001 and its quarterly report on Form 10-Q for the fiscal quarters ended        
September 30, 2001 and December 30, 2001.                                       

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
		7/1/02		1
Filed on:		5/3/02
		5/1/02		1
For Period End:		4/25/02
		12/30/01		3					10-Q
		9/30/01		3					10-Q
		6/30/01		3					10-K405
									List all Filings