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

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.

Board Moves

  • Activist Investor Not to Seek Re-Election to Microsoft Board; PepsiCo CFO to Join as DirectorHugh Johnston - Microsoft board member D. Mason Morfit, 41, ValueAct Capital’s President and Chief Investment Officer, will not seek re-election. The board has appointed Hugh Johnston, 55, as Director. Johnston is vice chairman and CFO of PepsiCo. 
  • Salesforce Gets Influential Health Care Exec to Board - Bernard J. Tyson, 58, chairman and CEO of Kaiser Permanente, joined Salesforce’s board. 
  • Charles Giancarlo Resigns as ServiceNow Director - In connection with his appointment as CEO of Pure Storage, Charles Giancarlo, 60, resigned from the Board of ServiceNow. Former Avaya CEO.
  • Red Hat Announces New Chairman - Narendra K. Gupta, 68, co-founder of Nexus Venture Partners and long time director named as Chairman of the board. Succeeds retired U.S. Army Gen. H. Hugh Shelton, 75, who recently retired as chairman.
  • Constellation Software’s New Board Member Comes with Corporate Governance, Corporate Culture, And Corporate Law Preeminence - Constellation Software’s newest board member is Lawrence Cunningham, 55, Henry St. George Tucker III Research Professor at George Washington University Law School.
Published in Software Industry

Tech companies have increasingly been feeling the investor pressure to refresh their board of directors. Several companies are focusing on diversity and adding female directors. Here we have compiled the female board appointments in tech from June 10 to September 16, 2017.

Recent Appointments 

Accenture Appoints Estee Lauder’s CFO Tracey T. Travis, 55, as Board Member Tracey T. Travis

PayPal appoints media exec and President, BBC Worldwide Ann Sarnoff, 55, to its Board of Directors

Intuit appointed Deborah (Deb) Liu, leader of Facebook's developer and commerce businesses, to its board

Paychex’s board has appointed most recent EVP & CMO of FireEye Kara Wilson, 47, to board. Wilson is now CMO at Rubrik

 

SAP Announces Newly Expanded Responsibilities of Key Cloud ExecBjoern Goerke

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.

 

Cognizant Goes Through Board Changes Betsy S. Atkins

Cognizant announced that Betsy S. Atkins has been elected to its Board as new independent directors. Atkins has been the CEO of venture capital firm Baja and was previously Chairman and CEO of Clear Standards.  

 

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

VMware Announces Multiple Leadership Changes   

VMware announced an expanded focus on communication service providers (CSPs) and telecommunications carriers (telcos), and the promotion of Shekar Ayyar to EVP and General Manager, Telco Group. Ayyar holds more than 15 years of senior leadership experience in enterprise software, communications and semiconductors. 

Published in Software Industry

GE Announces Digital Executive Appointments       

Patrick Franklin has joined GE as VP & GM, Applications, GE Digital. Prior to joining GE, he was a VP of Engineering at Google. Over his twenty-five year career, Patrick has held leadership positions at Amazon, Microsoft, Intel and the United States Navy.

VMware Announces Multiple Leadership Changes         

VMware appointed Sanjay Poonen as COO, Customer Operations, and the appointments of Raghu Raghuram and Rajiv Ramaswami to co-lead a new Products and Cloud Services organization as COOs, Products and Cloud Services.

Microsoft Announces Multiple Key Executive Changes        

Microsoft announced a broad reorganization of the company's senior executive ranks as long-time COO Kevin Turner prepares to leave for another job. Instead of naming a new COO, the company appointed two executives to divvy up the sales responsibilities and report to him. Jean-Philippe Courtois will be in charge of global sales, marketing and operations spanning Microsoft's 13 business areas. Judson Althoff will lead the worldwide commercial business, including government and small and medium-sized businesses. 

Published in Software Industry
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