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Zillow Group Appoints VP of Product at Slack as Board Member

Zillow Group announced that the appointment of April Underwood to the company's Board. Underwood is VP of product at Slack. She joined Slack as head of platform in June 2015. Underwood also is a founding member of #Angels. From 2010 until 2015, Underwood led product, marketing and business development teams as director of product at Twitter.

Cisco Systems Appoints Allergan Chair/CEO to its Board of DirectorsBrenton L. Saunders

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.

Microsoft Promotes Regional Leader to New Global Digital Transformation Role; Appoints New MEA Region President

Microsoft has appointed Ali Faramawy to the newly announced global role as the head of the Emerging Markets Digital Transformation Organization which has been established within Microsoft. He has headed the Middle East and Africa (MEA) region for thirteen years, most recently as President. 

Yahoo! Announces New CEO and Other Senior Leaders for AltabaThomas McInerney

As Yahoo! prepares to join Verizon, it has revealed that its remaining business under the Altaba entity will be run by its board member Thomas McInerney, 52, the former EVP & CFO of IAC/InterActiveCorp.

Welcome to the Vell Update for the 25 days ending March 14, 2017. 

We’ve seen a lot of shakeups this past month, as 43 new heads of technology have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. Quite a few new tech executive roles have opened up, as well.

In this newsletter, you’ll find a lot more than just a list of those changes. You’ll also find summaries of recent hiring trends, breakdowns by geography and sector, and our latest original research on board structures throughout the industry. 

AIG Names Chief Auditor Gallo as New CIOMartha Gallo

American International Group reported that Martha Gallo has been named CIO. She succeeds Philip Fasano, who has left the company to pursue other opportunities. ‎Gallo has been EVP and Chief Auditor of AIG before taking up the CIO role. 

Microsoft Promotes Regional Leader to New Global Digital Transformation Role; Appoints New MEA Region PresidentAli Faramawy

Microsoft has appointed Ali Faramawy to the newly announced global role as the head of the Emerging Markets Digital Transformation Organization which has been established within Microsoft. He has headed the Middle East and Africa (MEA) region for thirteen years, most recently as President. 

Microsoft Promotes Regional Leader to New Global Digital Transformation Role

Microsoft has appointed Ali Faramawy to the newly announced global role as the head of the Emerging Markets Digital Transformation Organization which has been established within Microsoft. He has headed the Middle East and Africa (MEA) region for thirteen years, most recently as President. 

Qualcomm Chief Accounting Officer Leaves for Adobe

John Murphy, SVP and Chief Accounting Officer (Principal Accounting Officer) of Qualcomm resigned to pursue other opportunities. George S. Davis, the company's EVP and CFO, will serve as the company's Principal Accounting Officer, in addition to his continued service as CFO (Principal Financial Officer). Davis previously served as both the company's Principal Financial Officer and Principal Accounting Officer upon joining the company in March 2013 until Murphy's hiring in September 2014.

Welcome to our CEO Turnover Newsletter. This newsletter coversthe  open tech CEO roles as of Febraury 28, 2017  and the latest appointments in the tech sector in February 2017.

The average length of time the CEO searches have been open is 3.8 months, down from 6.5 months in 2016. There is little variance across geographies. 

  • Total Tech CEO Roles Open: 80
  • New Tech CEO Appointments: 95 (7 women – 7.4%, 89 men – one being a Co-CEO appointment (one male and one female CEO)

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