Vell Executive Search captures the most recent board appointments in tech, from October 29, 2017 to February 8, 2018.

Tech Giants

Alphabet Names Board Veteran as Chairman to Succeed Schmidt. Alphabet appointed John L. Hennessy, 65, former President of Stanford University, to serve as Executive Chair of Alphabet’s Board. Hennessy has served on the Board since April 2004 and Lead Independent Director since April 2007. Eric Schmidt, 62, becomes technical advisor to the company while continuing to serve on its board. Alphabet said that Canadian-born Shirley M. Tilghman, 71, 19th President of Princeton University, also retired from the board effective Feb. 15, 2018.

What were the important tech board changes in the most recent couple of months? This leadership report covers tech board changes from 8/26 to 10/29 in 2017.  

We have three categories, roughly organized by company size. Industries/ categories per CapIQ classifications.

  • The Giants ($100b+ market cap): Microsoft, Samsung, Intel, Cisco
  • The Software Companies: Paypal, Salesforce, Intuit, eBay, RedHat, ServiceNow, Twitter, Square, Citrix, Splunk, Fortinet, FireEye and any others.
  • Others (Telecom, Hardware, Services, Payments): HP, Inc., Infosys, Ericsson, TSYS, Micro-Semi, TSYS, FLIR, Cypress Semi., Cree, Convergys, Blackhawk Networks, Boingo, ScanSource and others.

Some basic stats:

19.7% of the new board seats went to women;
15.6% of the board seats removed were women held seats.

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. 

Public Tech Companies over $100m

We studied public technology companies studied in the US and Canada with at least $100m in revenues.

The number of companies is 581.  There were 4,305 individual board members occupying 4,830 board seats.

Most important hiring and departures from June 11 to August 25, 2017

Several technology vendors announced changes to their board of directors in the said time period. We have tried to capture the most important and interesting ones, categorizing them under few noticeable patterns. 

Chairman Changes

  • Cerner Announces New Chairman after Sudden Demise of Chair/CEO Neal Patterson. Cerner announced that Neal Patterson, chairman and CEO, passed away on July 9, 2017, at 68 years of age, due to unexpected complications that arose after a recent recurrence of a previously disclosed cancer. Cerner Co-Founder and Vice Chairman of the Board Cliff Illig, 66, has been named chairman and interim CEO.
  • IDT Appoints Board Member Ken Kannappan as Chairman. Kannappan has served on IDT's Board since January 2015, after previously serving in the role of IDT Board Chairman from 2000 to 2008. John Schofield has resigned as Chairman in anticipation of his upcoming retirement. 
  • Acer Combines Chair-CEO Roles. Jason Chen was named Chairman in addition to his continuing role as CEO. George Huang steps down from the chairmanship but remains on the Board. Chen joined Acer in January 2014 as Corporate President and CEO.

TCS Independent Director Retires from Board 

Tata Consultancy Services said independent director Vijay Kelkar has stepped down from the board upon reaching the retirement age set by the IT services company. Kelkar, a Padma Vibhushan award winner, is an Indian economist and academician. He has been on the board of TCS since 2010. 


Kleiner Perkins’ Chief Product Officer Resigns from Amazon BoardWilliam B. Gordon

William B. Gordon, 66, resigned as a director of Amazon after fourteen years on the board. Gordon stepped down so he could provide consulting services to the company for two years. Gordon is currently the Chief Product Officer at Kleiner Perkins Caufield & Byers. Bing also leads KPCB’s sFund, the investment initiative to fund and build applications and services that deliver on the promise of the social web.

Cisco Systems Appoints Allergan Chair/CEO to its Board of Directors

Cisco Systems appointed Brenton L. Saunders, 47, Chairman, CEO and President of Allergan, to its Board of Directors. He was a co-founder of Health Care Compliance Association in 1995. He has significant healthcare industry expertise and led various business transformations and integrations.

Texas Instruments Appoints Lennox International Chair/CEO as Board Member

Texas Instruments announced that Todd M. Bluedorn has been elected to the company's board of directors. Bluedorn is chairman of the board and CEO of Lennox International. Before joining the company, Bluedorn, held a number of senior management positions at United Technologies Corporation, including president of three different businesses.

Broadcom Announces Board Changes

American fabless semiconductor company Broadcom appointed Check Kian Low as an independent director of the company and as the company's required Singapore resident director. Low will replace Lucien Y.K.  Wong as a director on the Board, whose previously announced resignation from the Board. Low, 57, was one of the founding partners and a director of NewSmith Capital Partners.

Saturday, 19 November 2016 04:28

Tech Board Changes: Qualcomm, ServiceNow & More

Written by

Samsung Electronics Vice Chairman Jae-Yong Lee Joins Board

Samsung Electronics approved the nomination of Vice Chairman Lee Jae-yong to the electronics giant's board of directors. The approval enables the 48-year-old Lee, the only son of the ailing Samsung Electronics Chairman Lee Kun-hee, to more actively participate and take formal responsibility in the company's important decision-making. The younger Lee joined Samsung Electronics in 1991.