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.

Published in Tech Vendor Boards

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. Jason ChenCerner 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.
Published in Tech Vendor Boards

Infosys’ CEO Vishal Sikka Steps Down; Interim CEO AppointedVishal Sikka

Vishal Sikka, 50, has resigned as the MD and CEO of Infosys over differences with the founders on governance issues. Sikka will now be the Executive Vice-Chairman of the company. He joined Infosys in June 2014. He was the first CTO at SAP before joining Infosys. He is credited with accelerating SAP’s development processes, transforming its innovation culture and leading several successful product co-creation initiatives with clients.

The struggle between Infosys and its founders began in February this year after founder and former chairman Narayana Murthy accused the company of corporate governance lapses.

Published in Breaking News

In the past couple of months, there are several companies that have multiple announcements, which we cover below. Some of the patterns:

  • Multiple heads of India; lots of regional appointments 
  • Chief People Officers or senior HR leaders with Diversity as a primary domain and Ann Sarnoff
  • Many analytics appointments

Note: We covered Uber Technology Changes in a separate blog post as Uber itself has had too many changes

Board Announcements (one announcement)

  • Alphabet Appoints Google Chief Sundar Pichai, 45, to its Board.
  • Texas Instruments Appointed its COO Brian T. Crutcher, 44, to Board.
  • PayPal Appoints Media Exec and President, BBC Worldwide Ann Sarnoff, 55, to its Board of Directors.
Published in Giant Tech Companies

 

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.

Published in Tech Vendor Boards

 

Apple Hires Shiva Rajaraman to Boost its Video and Music StrategyShiva Rajaraman

In a bid to boost its video and music strategy, Apple has hired former YouTube and Spotify executive, Shiva Rajaraman. Rajaraman spent 8 years at YouTube, working to secure licensed content from companies like Disney for streaming.  After his tenure at YouTube, Rajaraman spent two years at Spotify working on its video and podcasting efforts, licensing content from Time Warner, Disney and NBC.

Published in Giant Tech Companies

Microsoft Names LinkedIn’s Kevin Scott as CTO

Microsoft has named Kevin Scott to a newly created role of CTO for the company. This is an expansion of Scott's new role at LinkedIn as SVP of Infrastructure. Prior to his role as SVP of Engineering and Operations at LinkedIn, Scott held a number of engineering leadership roles at Google and AdMob. While pursuing a Ph.D. in computer science at the University of Virginia, Scott was an intern with Microsoft Research in 2001. Scott is an adviser to several Silicon Valley startups, an active angel investor and founder of the nonprofit organization Behind the Tech.

Published in Giant Tech Companies

Facebook CAO Decides to Resign; Company Appoints Former NBCUniversal Information Chief 

Jas Athwal notified Facebook of his decision to resign from his position as the company’s Chief Accounting Officer after nearly nine years with the company. Athwal will continue to serve as the company's CAO until the company completes its year-end audit and file its Annual Report.

Published in Giant Tech Companies
Saturday, 19 November 2016 04:28

Tech Board Changes: Qualcomm, ServiceNow & More

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.

Published in Tech Vendor Boards

Alibaba Appoints Former McKinsey Exec to Oversee Strategy and Investment Team in India

Alibaba appointed Madhur Deep as its SVP. In his new role, Deep will take care of strategy and investment team in India at Alibaba. Prior to this appointment, Deep worked for McKinsey as its Senior Engagement Manager.

Published in Giant Tech Companies
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