Much activity happened in the past three months or so in the Giant Tech Companies. We have categorized these in roughly three categories:
December 16th, 2017
Welcome to our Software Industry Newsletter.
In this newsletter, we report on Software Board & Exec Leadership Moves from September 24th to December 12th, 2017. They are roughly organized by size.
Comments Welcomed and Appreciated!
Microsoft Elects Former US Secretary of Commerce as Newest Board Member. Entrepreneur, civic leader and philanthropist and former United States Secretary of Commerce Penny S. Pritzker, 58, joins as director of Microsoft.
SAP Names COO Christian Klein, 37, to Executive Board to Lead Global Business Operations.
Adobe Promotes Scott Belsky, 37, to Product Chief and EVP, Creative Cloud. Scott Belsky is the former VP of Products at Adobe, leading the Creative Cloud mobile product strategy.
The software industry is witnessing rapid transformation – from increasing shareholder activism to more diverse boards, from geographic expansion to acquisitions - the following board and leadership moves reflect all these trends. Here are the major changes from July 28th to September 23rd, 2017.
Infosys’ CEO Vishal Sikka Steps Down; Interim CEO Appointed
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.
In the past couple of months, there are several companies that have multiple announcements, which we cover below. Some of the patterns:
Note: We covered Uber Technology Changes in a separate blog post as Uber itself has had too many changes
Microsoft Announces Departure of Jim Dubois as CIO; Appoints New President in Russia
Microsoft CIO Jim DuBois is leaving the company. DuBois is a more than 20-year Microsoft veteran who became the company's interim CIO in 2013 and permanent CIO the following year. He went on sabbatical earlier 2017.
Microsoft appointed T. Bochenek as new Microsoft President in Russia. Now he keeps the COO position at Microsoft in Russia.
SAP Announces Newly Expanded Responsibilities of Key Executives
Robert Enslin and Bernd Leukert will shift and expand their portfolios as members of the Executive Board of SAP. The Supervisory Board of SAP has named Adaire Fox-Martin and Jennifer Morgan to the Executive Board. In addition, two new leadership assignments were announced for current EMEA President Franck Cohen and SAP Cloud Platform President Bjoern Goerke. Cohen will become chief commercial officer and Goerke CTO.
GE Witnesses Leadership Switches in Technology
Monica Caldas, currently CIO for GE Transportation’s global services and digital solutions teams, will take over as CIO for the entire unit. GE Transportation’s CIO Nancy Anderson moved to the CIO role at GE Power.
SAP Announces Newly Expanded Responsibilities of Key Cloud Exec
SAP Cloud Platform President Bjoern Goerke will become CTO. As CTO, Bjoern Goerke will advance the company's technology strategy and serve as a key external spokesperson.
Apple Hires Shiva Rajaraman to Boost its Video and Music Strategy
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.