Wednesday, 29 November 2017 04:40

50 CIO/CTO Appointments & 44 Open Roles

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November 28, 2017

Welcome to the 50th Edition of the Vell Leadership Update for the 24 days ending November 16, 2017.  

Hope you had a great Thanksgiving! 

*And for Canadians, hope you enjoyed the relative quiet  during the US Thanksgiving! 

We’ve seen a lot of shake-ups, as 50 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. 


In This Edition

  • Want a Tech Board Seat?
  • Summary and Stats for Tech Exec Open Roles
  • Our latest Vell Report on Tech Boards - Download!
  • Tech Exec Open Roles
  • Tech Exec Appointments - Recent
  • Vell Research & Insights Summary
  • Featured Vell Placements

You can subscribe to our Open Roles Newsletters and research reports 


Want a Tech Board Seat?

Are you seeking your next board seat in a technology company? It is often helpful to look at the current composition of technology boards and what skills and experiences are currently in demand. ​A recent Vell Study studied public tech companies with $100m in revenues or more.

Where are the board seats? There are more board roles in the $100m to $500m companies overall, even though they have fewer board seats per company. 

Industry sub-sectors with the most board seats: Software leads the way with 30% of the board seats, the Hardware sector has almost 20%. 

Getting on your own company’s board: you may have a shot if you have one of the following roles. Companies between $100m to $500m have 18% insiders and include non-founder CEOs, including CTOs, CMOs, COOs and Presidents. 

Technology Hot Topics in Tech Companies & All Industries
Analytics & Data, Virtual Reality and leaders in the innovative breakthrough sectors. Hot topics in all Industry Sectors:  Cybersecurity, Digital Transformation, Analytics & Data,  Cloud operation and  ERP (from a Deloitte study lines up with our own) 

Ages:  41% are between 50 to 60, and 36% over 60.  But ages vary from 25 to 94. 

Education Matters
Harvard leads the way in all categories and some of the other Top Ranked Universities. As with everything else, it is an indicator of success. Other factors also weigh in, like deep expertise in something hot or have recognizable company names. 75% have an advanced degree. The top degree in demand seems to be an MBA. The second highest degree attained is a Bachelor’s. 

Committee Leadership Specialization: specializing in a specific committee and leading one gets you multiple boards and board leadership opportunities to head up committees. 

Functional Representation:  For executives sitting on multiple boards., CEOs and GMs take up 53% of the roles, and CFOs make up for another 22% of the roles.   New functional areas? a new trend are CHROs with Succession Planning experience to supplement compensation committees. 

if you want to learn more about recruiting technology executives for your company 
or are curious about how to get on boards,
email me This email address is being protected from spambots. You need JavaScript enabled to view it. or call me 617-530-1260


Summary Stats and Trends

By the numbers, overall:
     Total Tech Exec Roles Open: 44
     New Tech Exec Appointments: 50
        - Gender Diversity: 15 women or 30%, 35 men
Geographic Distribution of Open Roles Vs. New Tech Appointments
New Tech Function Openings: 11 – Liberty Global plc (UK), The Williams Companies (OK), Avaya(TX), Rent-A-Center (TX), Teradata (CA), TOTVS S.A. (Brazil), Oceanus Group (Singapore), Allied Payment Network (IN), Elbit Systems of America (TX), University of California (CA), Huawei Technologies (MA).
Sources of Appointments: 39 were External appointments, and 11 were internal promotions. 
Internal Sources Include: SVP or VP, Technology, VP-Business Transformation, VP-R&D, Founder, Director or Senior Director of IT, etc.
Diversity: 30% of the appointments are women tech execs.
Want to keep up to date? Get more updates on new board members (Tech execs on tech and non ech- boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here.
Vell Executive Search
t: 617-530-1260 - This email address is being protected from spambots. You need JavaScript enabled to view it.
Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CIOs, CTOs, VP, Engineering, CISO and Chief Digital Officers. Vell has built a reputation for recruiting talented high-performing leadership teams globally. 


Download our Latest Report -

Women on Tech Boards 

Women Board Members in Technology Companies - Strategies for Building High Performing Diverse Boards. 

Latest Vell Report  

You can download it here


Tech Function Exec Open Roles  
         - as of November 16, 2017

The United States & Canada 
Nordstrom, Washington, January 2017 - Nordstrom plans to hire a new CTO by the end of the year, who will be responsible for all aspects of technology, after the CTO both left earlythis year. The CIO, Dan Little announced in January 2017 that he was resigning in the fall. He is still there. It is unclear whether Nordstrom will stick to the organizational structure they initially announced. 
The AES Corporation, Virginia, June 2017 - SVP & CIO Elizabeth Hackenson will depart from the company. No announcements on new CIO yet.
Biogen, Massachusetts, June 2016 - Biogen CIO Matt Griffiths is no longer with the company. Biogen plans to fill the CIO position. 
The Williams Companies, Oklahoma - John D. Seldenrust, SVP - Engineering Services notified Williams of his intent to retire effective December 31, 2017.
The Western Union Company, Colorado, October 2017 - J. David Thompson, EVP, Global Operations and Technology, CTO, of The Western Union Company resigns to pursue other business opportunities. Sheri Rhodes, CTO, Global Payments and Digital, will serve as Acting CTO until the Company names a permanent successor.
Deloitte, Illinois, December 2016 - Deloitte is looking for a CISO reporting to the CIO.
Avaya, Texas - Avaya is looking for a CISO is responsible for identifying, evaluating and reporting IT, and cybersecurity risk to Avaya and Avaya related information assets, while supporting and advancing business objectives.
Rent-A-Center, Texas - Angela Yochem plans to step down as CIO of Rent-A-Center at the end of the year, taking the newly created role of chief digital officer at Novant Health in January. Rent-A-Center is seeking a successor for the CIO post.
Equifax, Georgia, September 2017 - CIO David Webb and Chief Security Officer Susan Mauldin are leaving after the data breach. Mark Rohrwasser has been appointed interim CIO and Russ Ayres has been appointed interim Chief Security Officer.
Teradata, California - Teradata is seeking a VP, Global Cyber Security (CISO), who will lead the Company’s Cyber Security Team to coordinate business outcomes and strategic value capture.
E*TRADE, New York, September 2017 - Michael Foley, EVP and Chief Technology and Operations Officer, is leaving E*TRADE to pursue other opportunities.
Twitter, California, December 2016 - Twitter's CTO Adam Messinger left.  *no replacement announced. It is unclear the company is looking for a CTO.
The Buckle, Nebraska, November 2015 - The Buckle is seeking a CIO to direct, plan, and manage the company's Information Systems.
Shutterstock, New York, July 2017  - David Giambruno, the Company’s CIO, will be leaving the Company.
Global Eagle Entertainment, California, November 2016 - Global Eagle Entertainment and Aditya Chatterjee, the company’s CTO, have entered into a Separation and Release Agreement.
Inovalon, Maryland, April 2017 - Joseph R. Rostock’s employment as the Inovalon Holdings’s CTO ended.
Paycom Software, Oklahoma, October 2017 - William X. Kerber III, Paycom’s CIO, departs. Two of Paycom’s senior technology leaders, Brad Smith and Shane Hadlock, will work together to assume Kerber’s responsibilities until his successor is named.
Liquidity Services, Washington, DC, March 2017 - Liquidity Services CIO, Leoncio Casusol, resigned from the company. The company conducts a search for a new CIO.
Home Capital Group, Ontario, Canada - Home Capital Group is creating a CIO role and has commenced a search for the right candidate.
StarTek, Colorado, October 2015 - Kamalesh Dwivedi, the company's CIO, left the company.
Tucows, Canada, March 2017 - Kenneth Schafer, EVP, CIO of Tucows, resigned.
Central 1 Credit Union, BC, Canada, September 2017 - Oscar van der Meer, Chief Digital & Payments Officer has left the company. The company has begun their search for a new leader for Central 1’s Digital & Payments line of business. In the interim, Henrique Godinho will step into the role of Interim VP, Digital & Payments.​
Mastech Digital, Pennsylvania, March 2016 - Denis D. Deet ceased to be VP of Technology and CIO of Mastech Holdings.
Neos Therapeutics, Texas, June 2017 - Juergen A. Martens, the Chief Technology and Operations Officer of Neos Therapeutics, will be resigning from his position.
Cartesian, Kansas, June 2016 - Cartesian announced the termination of employment to Jim Baker, the Company's CTO and CIO and a named executive officer., California, September 2017 - Chris Koverman, VP, Product and Engineering of announced his resignation.
Inpixon, California, September 2017 - Inpixon announced resignation of Craig Harper as CTO.
Everspin Technologies, Arizona, October 2017 - Jon Slaughter, Ph.D, VP, Technology Research and Development, informed that he will be leaving the Everspin.
Diadexus, California, March 2016 - Dr. Emilia Zychlinksy, EVP and Chief Technical Officer, resigned.
United States Department of Defense, Washington, D.C., January 2017 - Terry Halvorsen, who as the Pentagon’s CIO, retired. Current principal deputy CIO, John Zangardi, is expected to step in as acting CIO.
United States Department of Homeland Security, Washington, D.C., August 2017 – CIO Richard Staropoli has resigned after only three months on the job. Deputy CIO Stephen Rice will serve as acting CIO until President Trump appoints a new person to fill the role.
NASA, Washington D.C., May 2017 - Michael Witt, who joined NASA in February, will become acting senior agency information security officer, replacing Jeanette Hanna-Ruiz. 
University of Oklahoma, Oklahoma, June 2017 - Oklahoma Eddie Huebsch has been named interim CIO at the University of Oklahoma. Huebsch has served OU IT for more than 16 years in a variety of leadership roles, most recently as associate VP of technology advancement.
Dallas Independent School District, Texas, June 2017 - CTO Bob Moore left in June. The role is vacant.
Allied Payment Network, Indiana - Allied Payment Network, the payment platform company, is  seeking a CTO who will be responsible for overseeing all technical aspects of the company.
Elbit Systems of America, Texas - Elbit Systems of America is seeking a CISO who will be responsible for establishing and maintaining Elbit System of America’s information security management program.
University of California, California - University of California, San Diego, is looking for a CTO and Director of Enterprise Computing who will lead the Office of Engineering Computing (OEC), a comprehensive IT organization providing administrative and academic IT services both to the School and other campus units.
Huawei Technologies, Massachusetts - Huawei Technologies is seeking a CTO - Enterprise Storage, for Massachusetts location to lead the development of the storage strategy and roadmap; ensure its integration with the enterprises strategic planning and process, as well as the resulting business strategy and plans.
Europe, Middle East & Africa 

Liberty Global plc, United Kingdom - Balan Nair, currently Chief Technology & Innovation Officer for Liberty Global, will assume the position of President and CEO of its Latin American and Caribbean operation once the split-off from Liberty Global occurs, which is expected around the end of the year. Mr. Nair will remain in his current position with Liberty Global until the split-off is completed, and a search is already underway for his successor.

Asia Pacific 

Tata Motors, India, September 2017 - CTO Tim Leverton has resigned and will continue in the position until 31 October, and his successor will be announced in due course. 

First Philippine Holdings Corporation and First Gen Corporation, Philippines - Charlie R. Valerio, VP and CIO of the Corporation, resigned effective September 30, 2017, to pursue other interests. 

Just Dial, India, October 2016 - $104.2M, October 2016 - R. V. Raman, CTO of the company has resigned. 

Oceanus Group, Singapore - Tan Kim Chuan Matthew stepped down as Chief Risk Officer and CTO of the company.

Latin America 

TOTVS S.A., Brazil - TOTVS approved the resignation tendered by the CTO, Mr. André Bretas Nunes de Lima.



Tech Function Execs Appointed 
         - 24 days ended November 16, 2017

The United States & Canada

Hewlett Packard Enterprise, California - Hewlett Packard Enterprise has named Archana Deskus, a former top tech exec at Baker Hughes and most recent CIO of GE's oil-and-gas unit, as its new CIO. 

Dollar General Corporation, Tennessee - Rob Scruggs has joined as chief digital and customer engagement officer. Scruggs most recently served as global director of client experience for Bank of America Merrill Lynch. 

CBS Corporation, New York - CBS Corporation announced that it has named Radha Subramanyam as EVP, Chief Research and Analytics Officer, CBS Television Network. Most recently served as President of Research, Insights and Data Analytics for iHeartMedia. 

Viacom, New York - Kelly Day named as President of Viacom Digital Studios. Joins from AwesomenessTV, where she served as Chief Digital Officer and Chief Business Officer. 

Stanley Black & Decker, Connecticut - Dr. Mark Maybury appointed to the newly created position of CTO. Maybury joins the organization from The MITRE Corporation. 

Dick's Sporting Goods, Pennsylvania - Paul Gaffney has been named as CTO.Gaffney joins DICK'S from The Home Depot, where he most recently served as the SVP of IT. 

Hallmark Cards, Missouri - Peter Opalka has joined Hallmark Cards as SVP, IT, serving as the company’s CIO. Previously served as VP–global infrastructure and IT service delivery with Unilever. 

Rockwell Automation, Wisconsin - Chris Nardecchia has joined Rockwell Automation as SVP, IT and CIO. Most recently, he was VP and CIO global operations and supply chain at Amgen. 

iHeartMedia, Texas - iHeartMedia announced that Dr. Michele Madansky will join the company as its EVP of Insights, Research and Data Analytics. 

Intuit, California - Intuit named Diego Rodriguez as EVP, chief product and design officer. Joins from IDEO as a partner and global managing director. 

Novant Health, North Carolina - Angela Yochem, CIO of Rent-A-Center, joins as chief digital officer at Novant Health. 

Bank of the West, California - Andreas Bubenzer-Paim named as new Head of Technology Banking. Previously at Bank of America as SVP, Senior Relationship Manager within the bank's Technology Industry Group. 

Amtrak, Washington, D.C. - Amtrak has named the former head of its infrastructure services Christian Zacariassen as CIO. 

Acosta Sales, Florida - Acosta announced that Brian Christensen has joined the company as SVP of Digital Strategy and eCommerce. He most recently served as Customer VP, eCommerce at Kimberly-Clark North America. 

Welbilt, Florida - Andreas G. Weishaar will oversee the new corporate function of Digital as SVP, Strategy, Marketing and Digital, assuming additional responsibility for Digital and IT. Joined Welbilt in February 2016 as SVP Strategy, Marketing and Human Resources. 

Cubic Corporation, California - Cubic Corporation promoted chief engineer, Melanie Hagerty to VP of innovation. 

Weight Watchers International, New York - Michael Korcuska has been appointed Chief Product Officer. Joins Weight Watchers from Greylock Partners where he provided counsel to its portfolio companies as Executive-in-Residence. 

FactSet Research Systems, Connecticut - Gene Fernandez will join FactSet as the Chief Technology and Product Officer, from J.P. Morgan where he was most recently the CTO, New Product Development. 

Astellas Pharma US, Illinois - Astellas announced Nate Crisel has been promoted to VP, Real World Informatics & Analytics. Crisel will continue to be responsible for overseeing the RWI division. 

Corporation Service Company, Delaware - Aline Sternberg joins as head of transaction services (UK). 

Planet Fitness, New Hampshire - Craig Miller named as chief digital & information officer. Most recently, he served as SVP and chief information and technology officer at Sonic Drive-In. 

AppNexus, New York - AppNexus named Theresa Vu to the role of SVP, Engineering. Vu formerly held the position of VP, Engineering. 

Forcepoint, Texas - Forcepoint announced that Allan Alford has joined the company as chief information security officer (CISO). Joined from Pearson, where he was product and business information security officer. 

Press Ganey Holdings, Massachusetts - Press Ganey announced that Jason Erdell has joined the company as President and Chief Client Officer. He was most recently EVP for Technology-Enabled Services at Change Healthcare (formerly Emdeon). 

First Financial Bankshares, Texas - First Financial Bankshares has elected J. Michael Wilson to the position of EVP and CIO. Wilson has served as SVP and CTO of Community Bank for the past 15 years. 

Interactions, Massachusetts – The leading provider of Intelligent Virtual Assistants (IVAs) for enterprise customer care named Robert Nagle as Chief Technology Officer and Chief Product Officer. With 35 years experience leading enterprise technology ventures in the Boston area, most recently Robert launched a startup providing large scale data analytics for the enterprise. Former VP at Molecular Simulations and Automatix.

Meta Financial Group, South Dakota - Shelly Schneekloth has joined as EVP and Head of Technology and Operations. Joins  from FIS where she served in leadership roles at the top ranked technology provider. 

LGS Innovations, Virginia - LGS Innovations named BAE Systems exec Dr. Kevin McNeill as the company’s SVP of Cyber Solutions. 

Spiceworks, Texas - Manish Dixit joins as new SVP of Products and Engineering. Prior to joining Spiceworks, Manish held executive product and engineering roles at Dice. 

Millennium Health, California - Millennium Health named Dave Henderson as CIO. Most recently, Henderson was the CIO at GenomeDx Biosciences. 

AgJunction, Kansas - AgJunction has appointed M. Brett McMickell, Ph.D, as SVP of global product development. For the past twelve years, Dr. McMickell held various management positions, including senior director of program management at Honeywell Aerospace. 

LookingGlass Cyber Solutions, Virginia - Jeremy Haas has joined as Chief Security Officer. Haas joins LookingGlass following 24 years at the Central Intelligence Agency (CIA) and U.S. Air Force (USAF) supporting intelligence activities. 

AdRoll, California - Current CEO Aaron Bell will step into a full-time Chief Product Officer role, overseeing engineering, product, UX, data science and supply. 

Sauce Labs, California - Sauce Labs named Brad Adelberg, Ph.D., as VP of engineering. He joins the team from Oracle, where he spent six years as VP of development. 

Savi Technology, Virginia - Nanette Efird has joined as the new VP of Product Management. Joins from GE Transportation Digital, where she was Senior Director for Strategic Data and Analytics Solutions. 

OmniComm Systems, Florida - Kim Rejndrup has joined as the SVP of product development. Rejndrup spent nearly 20 years at Oracle Corporation. 

Joyent, California - Angela Fong named as the company's new VP of Engineering. Fong initially joined Joyent in February 2015 to help develop and roll out Triton. 

Aurora Cannabis, British Columbia, Canada - Aurora Cannabis appointed Darryl Vleeming as its new CIO. Prior, he spent eight years, lastly as VP, IS and CIO, at Capital Power Corporation. 

My Alarm Center, Pennsylvania - My Alarm Center (MAC) appointed Scott Taylor as CTO. Most recently, he served as VP of Product Operations at Time Warner Cable. 

DelaGet, Minnesota - Neal Lefebvre has joined Delaget as its new VP of Product. Prior to Delaget, Neal served as Director of Product Management at Sovos Compliance.

 Aspect Software, Massachusetts - Aspect Software named Tom Davies to SVP, Cloud Operations. Most recently, he served as Senior Director, CTO Office at Citrix Systems. 

CoolSys, California - CoolSys has appointed John Manzanares as EVP of IT. Prior to joining CoolSys, he was the VP and CIO at Daylight Transport. 

Skybox Security, California - Ron Davidson has joined the company as CTO and VP of R&D. Davidson is a 30-year cybersecurity veteran. He joins Skybox from Cisco, where he served as senior director of security research and analytics for the company’s video security business. 

Europe, Middle East & Africa 

TOTAL S.A., France - Marie-Noëlle Semeria, former CEA exec, joins as SVP and Group CTO. 

Accenture plc, Ireland - Accenture has appointed Natalie Heisler as managing director for the Accenture Analytics in Canada. Heisler has worked in analytics throughout her career, including recent positions with Qlik, MicroStrategy, SAP and SAS. 

Asia Pacific 

Australian Unity Limited, Australia - Amanda Hagan, previously CEO Healthcare, will fill the role of Chief Customer Officer and Group Executive, Digital. 

Jubilant FoodWorks, India - Jubilant FoodWorks appointed Anand Thakur as Chief Digital Officer. Currently, Anand is CTO with and is also an ex- entrepreneur and a computer scientist. 

Wisdom Marine Lines, Taiwan - Wisdom Marine Group appointed Shuang-Chau Tsaur, VP, Technical Department as CTO. 

Aconex, Australia - Tim Olshansky has been appointed CTO, and Kirsten Mann has been named acting VP, Product and Experience. 

Microland, India - Microland named Robert (Bob) Wysocki, as CTO. He most recently co-chaired the ONUG Hybrid Cloud Working Group.



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       Technology Board Report(Entrepreneurial Companies)
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       Women Directors in Large Boards  - Moves 
       Technology Board Members - Moves
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Board Members

Board Member, $50m Security Software, West Coast
Fleetmatics (FLTX), Fleet Management Software (SaaS)  - Board member (4)
Carbonite (CARB), Online Backup for SMB (SaaS) - Board Members (2)  
LogMeIn (LOGM),  SaaS & IoT Software  - Board members  (2) 

CEOs/ Presidents/ GM

COO, Digital Media Co.
CEO, Unified Communication
CEO, $10m Software for media 
President, $1.4b BPO business
Chairman & CEO  - Application Software company (West Coast)

CTOs/ Engineering/ CIOs/CISOs

Chief Digital Officer, Agero, $1b revenue Connected Car Company
CTO, $5b market cap Payments company
CTO, $70m EdTech SaaS Co.
CIO, $2b Media company (NYC)
CIO & CISO, Secure Document Software Company (West coast)
CTO & CPO, $100m Mortgage Software company
CTO, Security Software company (West Coast)
CISO, $5b Tech Company


CFO, West coast tech company
CFO, Quantum Computing Company
CFO , $1b Media Company 
CFO, digital media Company


SVP Sales, $22m Enterpise Software Co.
SVP Sales & Services, $70m EdTech SaaS Co.
EVP Sales, Marketing & BD, $500m Unified Communications Co.
VP, North America (now SVP Sales), $60m SaaS to Retail Industry 


CMO, SaaS Software Company
VP, Marketing, $50m software company
VP, Marketing & BD, Software company
CMO, $50m Services Company

Product Management

CPO, HCIT Healthcare SaaS (Division of large co.)
VP Product Management, $120m SaaS Co.      
VP & GM, Transportation and Logistics Software (SaaS, large public co.)
VP & GM, SMB (SaaS, large public co.) 

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Read 634 times Last modified on Friday, 01 December 2017 06:01
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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