Tuesday, 05 November 2019 11:33

November 4, 2019

Welcome to our Technology CEO Transitions Newsletter for September-October 2019.

We research and catalog all open technology CEO roles we can find (as of 10/29) and also the latest appointments for August 31st – October 29th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 49 Open Tech CEO Roles and 63 Appointments.

Here is their geographic distribution:

Wednesday, 02 October 2019 07:24

September 27th, 2019

Welcome to the 64th Edition of the Open Tech Roles newsletter. This newsletter covers open technology roles as of September 26th, 2019 and technology appointments for past 69 days ending September 26th, 2019.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO or Engineering (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
Tuesday, 10 September 2019 00:11

September 6, 2019

Welcome to our Technology CEO Transitions Newsletter for July-August 2019.

We research and catalog all open technology CEO roles we can find (as of 8/30) and also the latest appointments for July 26th - August 30th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 24 Open Tech CEO Roles and 37 Appointments.

Here is their geographic distribution:

Friday, 02 August 2019 09:21

August 1st, 2019

Welcome to the 63rd Edition of the Open Tech Roles newsletter. This newsletter covers open technology roles as of July 22nd, 2019 and technology appointments for past 62 days ending July 22nd, 2019.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO or Engineering (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
  • At Charter Communications the Chief Product Officer is adding Technology Officer to his title to oversee Engineering and IT along with Product Team. We have seen some of this trend recently in our Vell practice as well.
Tuesday, 30 July 2019 12:23

July 26, 2019

Welcome to our Technology CEO Transitions Newsletter for June-July 2019.

We research and catalog all open technology CEO roles we can find (as of 7/25) and also the latest appointments for the period starting on June 11th and ending July 25th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 24 Open Tech CEO Roles and 31 Appointments.

Here is their geographic distribution:

Friday, 14 June 2019 06:10

June 13, 2019

Welcome to our Technology CEO Transitions Newsletter for May-June 2019.

We research and catalog all open technology CEO roles we can find (as of 6/10) and also the latest appointments for May 3rd to June 10th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 25 Open Tech CEO Roles and 27 Appointments. The activity seems to have slowed down significantly, also noticed in trends from April/May.

Here is their geographic distribution:

Thursday, 23 May 2019 14:07

We would LOVE to hear from you… Please click on the link below… The survey is completely anonymous…We will publish a summary of the results.QUESTION and LOOK 3D shutterstock 502411141

Take CIO/Tech Exec Retention Survey Here

Thursday, 23 May 2019 02:00

May 22nd, 2019

Welcome to the 62nd Edition of the Open Tech Roles newsletter. This newsletter covers open technology roles as of May 20th, 2019 and technology appointments for past 38 days ending May 20th, 2019.

                                                     We need your opinion!

                                                     CIO/ tech exec retention survey

We received some email responses last month on reasons for CIO/ tech exec departures, and what boards/CEOs should know about effective retention methods.

Please consider all responses confidential (i.e. will be anonymized and summarized)

Thursday, 09 May 2019 02:54

May 8, 2019

Welcome to our Technology CEO Transitions Newsletter for April/May 2019.

We research and catalog all open technology CEO roles we can find (as of 5/2) and also the latest appointments for March 18th to May 2nd. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 27 Open Tech CEO Roles and 29 Appointments. The activity seems to have slowed down significantly, also noticed in trends from March.

Here is their geographic distribution:

Tuesday, 23 April 2019 11:10

April 22nd, 2019

Hope you had a wonderful long weekend!

Welcome to the 61st Edition of the Open Tech Roles newsletter. This newsletter covers open technology roles as of April 12th, 2019 and technology appointments for past 31 days ending April 12th, 2019.

We want your opinion...

Reasons for CIO/Tech departures & effective retention methods

Would love your commentary on the following questions...

(1) What are the reasons CIOs/other heads of technology leave companies?

(2) What are some of the challenges that CIOs/other tech execs face that their CEOs should keep in mind? 

(3) What are some best practices organizations should follow in order to keep their CIOs / other tech execs on board?

Email your thoughts to This email address is being protected from spambots. You need JavaScript enabled to view it.. We will summarize and share the responses.

Friday, 22 March 2019 01:28

March 20th, 2019

Welcome to our Technology CEO Transitions Newsletter for March 2019.

We research and catalog all open technology CEO roles we can find (as of 3/17) and also the latest appointments for February 18th to March 17th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 31 Open Tech CEO Roles and 26 Appointments. The activity seems to have slowed down significantly.

Here is their geographic distribution:

Saturday, 16 March 2019 10:31

March 15th, 2019

Welcome to the 60th Edition of the Open Tech Roles newsletter. This newsletter covers open technology roles as of March 10th, 2019 and technology appointments for past 28 days ending March 10th, 2019.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO or Engineering (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
  • More exec titles in Tech: Data Science, Data Protection, CISOs, Chief Data Officers

Friday, 22 February 2019 02:58

February 20th, 2019

Welcome to our Technology CEO Transitions Newsletter for February 2019.

We research and catalog all open technology CEO roles we can find (as of 2/17) and also the latest appointments for January 20th to February 17th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 28 Open Tech CEO Roles and 42 Appointments.

Here is their geographic distribution:

Friday, 22 February 2019 00:47

February 20th, 2019

Welcome to the 59th Edition of the Open Tech Roles newsletter. We have been tracking open technology roles and latest appointments, but have not published it as we have been looking at the breadth of technology executive roles. This newsletter covers open technology roles as of February 11th, 2019 and technology appointments for past 37 days ending February 11th, 2019.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO or Engineering (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
  • More exec titles in Tech: Data Science, Data Protection, CISOs, Chief Data Officers
Tuesday, 22 January 2019 08:41

January 21st, 2019

Welcome to our first Technology CEO Transitions Newsletter for 2019.

We research and catalog all open technology CEO roles we can find (as of 1/19) and also the latest appointments for December 1st to January 19th. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 30 Open Tech CEO Roles and 55 Appointments.

Tuesday, 08 January 2019 07:27

January 7, 2019

Happy New Year!

Welcome to the 58th Edition of the Open Tech Roles newsletter. We have been tracking open technology roles and latest appointments, but have not published it as we have been looking at the breadth of technology executive roles. This newsletter only covers open technology roles as of  January 4th, 2018.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
  • More exec titles in Tech: Data Science, Data Protection, CISOs, Chief Data Officers
Wednesday, 05 December 2018 02:15

December 1st, 2018

Welcome to our Technology CEO Transitions Newsletter.

We research and catalog all open technology CEO roles we can find (as of 11/30) and also the latest appointments for November. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 42 Open Tech CEO Roles and 46 Appointments.

Wednesday, 21 November 2018 10:22

November 20, 2018

Welcome to the 57th Edition of the Open Tech Roles newsletter. We have been tracking open technology roles and latest appointments, but have not published it as we have been looking at the breadth of technology executive roles. This newsletter only covers open technology roles as of November 12th, 2018.

Titles are evolving and are specializing:

  • The head of technology (IT) role has different titles, historically a CIO, is now either CIO, CTO (including CIO role) and a Chief Digital Officer titles (or combinations thereof). Note: sometimes the head of IT is the EVP Tech & Ops with CIO type roots.
  • The CTO role has multiple contexts and meanings: (1) CTOs that manage IT (where the CIO reports in); (2) CTOs that manage the tech infrastructure (a more traditional definition); (3) CTOs - Products/ Tech Strategy. They are essentially tech vendor CTOs and typically manage IT as well, but it is not their primary role or orientation.
  • More exec titles in Tech: Data Science, Data Protection, CISOs, Chief Data Officers
Tuesday, 06 November 2018 23:30

November 6th, 2018

Welcome to our Technology CEO Transitions Newsletter.

We research and catalog all open technology CEO roles we can find (as of 10/31) and also the latest appointments for October. We use Capital IQ industry classifications and US census geographic regions.

Summary Trends

There are 43 Open Tech CEO Roles and 43 Appointments.

Monday, 08 October 2018 03:56

October 7, 2018

Welcome to our Technology CEO Transitions Newsletter.

We research and catalog all open technology CEO roles we can find (as of 9/30) and also the latest appointments for September. We use Capital IQ industry classifications and US census geographic regions. 

Summary Trends

There are 47 Open Tech CEO Roles and 34 Appointments.

Sunday, 30 September 2018 07:53

Instagram Co-Founders Leave Facebook after Six Years; Tensions over Product Direction

Instagram co-founders Kevin Systrom, 34, and Mike Krieger, 32, have resigned, amidst growing tensions over product direction with Facebook’s CEO, Mark Zuckerberg. They co-founded the photo-sharing mobile phone app company in 2010. Facebook acquired Instagram in 2012 for $1 billion. 

Tuesday, 11 September 2018 02:47

September 9th, 2018

Welcome to the 56th Edition of the Open Tech Roles newsletter. We have been tracking open technology roles and latest appointments, but have not published it as we have been looking at the breadth of technology executive roles. We plan to publish this newsletter again soon, with the appointments from May 16th to mid-September, which number in the hundreds. This newsletter only covers open technology roles as of September 7th, 2018.

Some of the patterns we have seen in our projects are reflected here as well:

Wednesday, 05 September 2018 01:55

September 3, 2018

Welcome to our Technology CEO Transitions Newsletter.

We research and catalog all open technology CEO roles we can find (as of 8/31) and also the latest appointments for the month of July and August. We use CapitalIQ industry classifications and US census geographic regions. 

Summary Trends

There are 59 Open Tech CEO Roles and 124 Appointments.

Monday, 16 July 2018 02:46

eSignature Co. DocuSign Board Shuffles after IPO: the Founder, & Chairman and xCEO and Three VCs Step Down. Four Others Named

Just after three months after its IPO, five of twelve of DocuSign’s board members are stepping down. The board appointed three others to the board, in addition to one that was appointed in March of this year. 

Sunday, 15 July 2018 13:10

July 10th, 2018

Welcome to our Technology CEO Transitions Newsletter.

We research and catalog all open technology CEO roles we can find (as of the end of June 2018) and also the latest appointments for the month of June 2018. We use CapitalIQ industry classifications and US census geographic regions.

Summary Trends

There are 55 Open Tech CEO Roles and 89 Appointments. Here is their geographic distribution:

Tuesday, 26 June 2018 09:22

Intel announced that CEO Brian Krzanich, 58, has resigned.  Robert Swan, 57, Intel’s CFO has been named as the interim CEO. Intel was recently informed that Krzanich had a past consensual relationship with an Intel employee. A subsequent investigation resulted in the resignation.  Outside of the affair,  Kraznich’s reputation suffered as a result of two 2017 events:  (1) the  scary security flaws in two chips, named  Meltdown and Spectre,  and (2)  Krzanich’s stock sale of $24m, ahead of the security flaws being made public.

Ultimately, Intel’s first quarter results in 2018 were very strong, seemingly unaffected by the chips’ security flaws.

Sunday, 17 June 2018 11:46

Themes in the Giant Tech Reorgs:

  • Acquisitions: Vantiv acquires WorldPay. Sprint/T-Mobile US Merger; failed acquisition of Qualcomm.
  • Deals with Investors (activist or not): Akamai, Ericsson, uber.
  • Disappointing Results: Micro Focus, BT Group.
  • Other: F5 Networks (growth), Nuance (long term CEO transition), Vodafone (surprise), InfoSys (whistle blower).

Sunday, 17 June 2018 09:13

60 % of the Giant Tech companies promoted CEOs internally, while 40% hired CEOs externally. Cerner is the only company that hired a CEO externally and also made him Chairman. 100% of the newly named CEOs were men. (vs. 90-95% overall in a larger set of tech companies).

Saturday, 16 June 2018 17:35

Apple Steals Machine Learning and AI Star from Google 

Apple Music Promotes Two

Apple has hired Google's former head of search and artificial intelligence John Giannandrea to lead the company's 'machine learning and A.I. Strategy.

The giant also has appointed International exec Oliver Schusser as VP of Apple Music and international content to oversee its music streaming business, relocating from the UK to California for the new position. With Oliver’s promotion, Apple marketing executive Tracey Hannelly will lead International for Apple music, which services 155 markets. She joined the company in 2007 beginning in Australia and New Zealand.

 Amazon Studios Hires NBC Chief as a New Head

NBC Entertainment President Jennifer Salke has been named head of Amazon Studios. Salke will oversee all television and film production for Amazon's entertainment arm.

Saturday, 16 June 2018 16:44

Board Changes

Facebook board: Jan Koum, 41, CEO of WhatsApp stepped down from the board over significant disagreements over privacy issues.

Joining Akamai’s board is Amazon’s CISO - Tom Killalea, 49.

LogMeIn has named Sara Andrews, SVP and Global CISO of PepsiCo to the company’s board of directors.


Saturday, 16 June 2018 08:39
  • Samsung Electronics Announced the Launch of The Samsung Design Innovation Center (SDIC). SDIC, a design lab dedicated to the integration of disruptive user-experiences to product design.
  • Microsoft names Rajesh Jha to lead Experiences & Devices as EVP. The word Windows is dropped from the title, but the role includes Windows, Office, third-party applications and devices on an integrated 365 Experience.
  • Cisco names Salesforce executive Maria Martinez, 60, joins Cisco as EVP and chief customer experience officer. She’s also held a number of leadership positions at Microsoft, Motorola, AT&T as well as CEO of the start-up, Embrace Networks. 
Friday, 15 June 2018 11:04
  • Apple has hired Google's former head of search and artificial intelligence John Giannandrea to lead the company's 'machine learning and A.I. Strategy.
  • Google appointed veteran programmer Jeff Dean, 50, as the new head of the company's artificial intelligence unit,
  • Facebook is making forays into the future with emphasis on technologies such as Blockchain, Artificial Intelligence and Augmented/Virtual Reality.
Friday, 15 June 2018 03:49

Giant technology companies have had plenty of action with their boards the first half of 2018. This is the second of a two part series of updates.

In this Edition -Tech Boards in 1H2018

  • Board Trends
  • Board Members Appointed/ Resigning by Functional Role & Gender
  • Board Leadership Changes: Companies Combining Chairman/CEO Roles; Companies Naming New Chairmen (non-CEO); Companies Naming New Lead Directors
  • CEO Successions: internally and externally sourced
  • Board Members Appointed/Resigning by Function: external CEOs/Presidents/GM; CFOs/Audit and Investment Professionals; CIOs/ CTOs. CISOs, Privacy.
Wednesday, 13 June 2018 08:24

Giant technology companies have had plenty of action with their leadership teams in the first half of 2018. This is the first of a two part series:

In this Edition

    Trends for Boards & Exec

  • Tech Hot Topics: AI, AR/VR, IoT and many others
  • Consumer Experience and Disruptive User Design
  • Security, Data Protection and Privacy

    Mammoth Company Changes

    The Big Re-Organizations

Also please look at Part 2 - Tech Company Board Appointment Trends, which will be posted on our blog and on our LinkedIN articles.

We welcome any feedback and insights you may have.

All the best,

This email address is being protected from spambots. You need JavaScript enabled to view it. * Direct: (617) 530-1288

Friday, 08 June 2018 07:33

Athenahealth's CEO Jon Bush Steps Down Under Growing Pressure

Cloud-based software platform for medical providers, Athenahealth is in turmoil. CEO and co-founder Jonathan J. Bush, Jr., 49, stepped down as President, CEO and Board Member. He had been replaced as Chairman last year by Jeff Immelt

Monday, 04 June 2018 15:02

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 5/31/2018) and latest appointments for the month of May 2018.   

The average length of time the searches are open is 5 months, up from 4.7 months last month. There is little variance across geographies. 

Tuesday, 29 May 2018 12:03

Welcome to the 55th Edition of the Open Tech Roles  & Latest Appointements newsletter.  This edition covers the 31 days ending May 17th, 2018. 

Hope you had a great Memorial Day Weekend!

Summary and Stats for Tech Exec Roles

Tuesday, 15 May 2018 23:42

Xerox ended a planned $6.1 billion deal with Fujifilm, in which Fuji would take control of Xerox,  and reached a new agreement with activist investors Carl Icahn and Darwin Deason, who have a combined 15% stake at the company and have been opposing the Fujifilm deal. They launched a campaign to stop the merger and oust top managers, including CEO Jeff Jacobson, 58. Jacobson was a particular target as Icahn accused him  of rushing into the Fujifilm deal and acting against board instructions, something that he board denied in April. Jacobson was named CEO January 2017. He had been President and prior to that COO of the Xerox Technology business, and president of Global Graphic Communications Operations joining in 2012. Prior to joining Xerox, he served as Chairman &  CEO of Presstek. 

Monday, 14 May 2018 08:49

Facebook has re-organized its ranks in the wake of user privacy issues that has been creating waves across all quarters. The social network’s misuse in the spread of Russian propaganda and disinformation and the more recent Cambridge Analytica scandal have made data privacy and security issues the foremost priority for the social media giant.  

Board Shuffles

Jan Koum, 41, CEO of WhatsApp stepped down from the board over significant disagreements over privacy issues. The company hired heavyweight and Senior Obama Advisor, Jeff Zients, 51. Earlier this year, the company also hired its first non-white director, former American Express CEO, Ken Chenault, 66. More details on the board shuffles are outlined below.

Sunday, 06 May 2018 21:54

May 3, 2018

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 4/30/2018) and latest appointments for the month of April 2018.  

The average length of time the searches are open is 4.7 months, up from 4.3 last month. There is little variance across geographies. 

Wednesday, 02 May 2018 13:18

NCR Names Frank Martire as Executive Chairman and Michael Hayford as CEO

NCR Corporation has named Frank Martire, 69, as Executive Chairman. Martire most recently served as non-executive chairman of FIS till last year. He served as CEO of FIS after acquisition of Metavante, where he served as CEO before the acquisition.

Friday, 20 April 2018 07:43

April 17th, 2018

Welcome to the 55th Edition of the Vell Leadership Update for the 31 days ending April 15, 2018. 

  • 121 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs.
  • 8 % of these roles were filled by women
  • The majority of these roles are filled with people hired externally (77%)
  • There are 44 open roles
Thursday, 05 April 2018 23:40

April 3, 2018

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 3/31/2018) and latest appointments for the month of March 2018.  

The average length of time the searches are open is 4.3 months, down from 5.2 last month. There is little variance across geographies. 

Friday, 23 March 2018 08:55

Twitter’s Chief Information Security Officer to Leave after Three Years In Role

Twitter’s CISO Michael Coates steps down from his role to launch his own security startup. Coates joined the company in January 2015. He had joined from Shape Security, where he was the Director of Product Security. Earlier in his career, he held roles at Mozilla, Aspect Security and Motorola.

Friday, 23 March 2018 08:19

March 18th, 2018

Welcome to the 53rd Edition of the Vell Leadership Update for the 31 days ending February 17, 2018.

  • 84 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. 
  • 14 % of these roles were filled by women
  • The majority of these roles are filled with people hired externally (71%)
  • There are 41 open roles 

 

Friday, 09 March 2018 12:45

March 1, 2018 

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 2/28/2018) and latest appointments for the month of February 2018.   

The average length of time the searches are open is 5.2 months, up from 4.4 months last month. There is little variance across geographies

 

Saturday, 24 February 2018 11:38

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.

Wednesday, 21 February 2018 07:38

February 20th, 2018

Welcome to the 53rd Edition of the Vell Leadership Update for the 31 days ending February 17, 2018.

We’ve seen a lot of shake-ups, as 109 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. 

Monday, 05 February 2018 02:27

February 1, 2018

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 1/31/2018) and latest appointments for the month of January 2018.  

The average length of time the searches are open is 4 months, up from 4.4 last month. There is little variance across geographies. 

Monday, 05 February 2018 02:12

Vell Executive Search captures the most recent female board appointments in tech, from November 23, 2017 to January 28, 2018.

Tech Giants Welcoming Women on Board

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, JD, 58, joins as director of Microsoft.

Broadcom Appoints Former Benchmark Electronics CEO as Independent Director. Broadcom appointed Ms. Gayla J. Delly, 57, as an independent director of the company. Ms. Delly served as CEO of Benchmark Electronics.

Friday, 19 January 2018 05:42

Happy Holidays!!! and all the best for 2018!!

Welcome to the 52nd Edition of the Vell Leadership Update for the 31 days ending January15, 2018. 

We’ve seen a lot of shake-ups, as 65 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs.

Monday, 08 January 2018 10:37

Much activity happened in the past three months or so in the Giant Tech Companies. We have categorized these in roughly three categories: 

  1. Multiple complex changes, due to either massive restructurings, promotions from within, activist investors or stock troubles;
  2. Board and CEO changes or other Significant changes
  3. Changes by functional area: Presidents/COO/GMs, Sales, Marketing , Product and CFOs.
Thursday, 04 January 2018 06:44

January 3rd, 2018 

Happy New Year 2018!

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 12/31/2017) and latest appointments for the month of December 2017.  

The average length of time the searches are open is 4 months, up from 3.9 months earlier this year. There is little variance across geographies. 

Wednesday, 27 December 2017 06:55

Happy Holidays!!! and all the best for 2018!!

Welcome to the 51st Edition of the Vell Leadership Update for the 29 days ending December 15, 2017. 

We’ve seen a lot of shake-ups, as 64 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs.

Thursday, 21 December 2017 12:32

CVS Health CIO Stephen Gold Steps Down
CVS Health's CIO and EVP of Technology & Operations Innovation, Stephen J. Gold, 58, resigned to "pursue professional opportunities outside of CVS Health". The resignation was not related to CVS’ recent $69 billion acquisition of Aetna. Gold joined CVS in 2012 as SVP & CIO. 

Gold was previously SVP and CIO for Avaya, guiding all aspects of the company’s technology strategy, as well as leading IT business operations and systems globally. 

Prior to joining Avaya, Gold was the EVP, CIO and Corporate CTO for GSI Commerce. 

Sunday, 17 December 2017 07:13

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! 

Dora Vell 

This email address is being protected from spambots. You need JavaScript enabled to view it.* 617-530-1260 * www.vell.com

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.

Saturday, 09 December 2017 00:59

December 5th, 2017 

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 11/30/2017) and latest appointments for the month of November 2017.  

The average length of time the searches are open is 3.9 months, down from 4.4 months earlier this year. There is little variance across geographies.

 

In This Edition 

  • Want a  Tech Board Seat? A Vell Study Reveals Backgrounds in Demand
  • Summary Trends & Stats -  Open Tech CEO Roles & Latest Appointments
  • Open CEO Roles as of November 30th, 2017
  • Tech CEOs Appointed in November 2017
  • Vell Research & Insights Summary
  • Featured Vell Placements
Friday, 01 December 2017 06:30

Vell Executive Search captures the most recent female board appointments in tech, from September 17 to November 22, 2017.

Tech Giants Welcoming Women on Board

eBay appoints Adriane Brown and Diana Farrell to its Board - Ms. Brown, 59, is former CEO, Honeywell Transportation Systems. Ms. Farrell, 59, is the Founding President and CEO at JPMorgan Chase Institute, a global think tank and former McKinsey.

Fidelity National Information Services Appoints Louise M. Parent, 67, as Director - A former EVP and general counsel of AmEx, Parent has more than 35 years of experience in the financial industry. Parent retired from American Express in 2013.

Square Announces Ai Expert Anna Patterson, 52, as Newest Board Member - Patterson is the Founder and Managing Partner at Gradient Ventures, google’s AI focused venture fund.  Patterson is also VP of Engineering at Google and most recently helped to integrate AI into products across Google.

Wednesday, 29 November 2017 04:40

November 28, 2017

Welcome to the 50th Edition of the Vell Leadership Update for the 24 days ending November 16, 2017.  

Hope you had a great Thanksgiving! 

*And for Canadians, hope you enjoyed the relative quiet  during the US Thanksgiving! 

We’ve seen a lot of shake-ups, as 50 new technology leaders have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. 

Thursday, 09 November 2017 06:32

November 6th, 2017 

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 10/31/2017) and latest appointments for the month of October 2017.  

The average length of time the searches are open is 4.4 months, up from 4.09 months earlier this year. There is little variance across geographies.

 

This month's trends....  

By the numbers, overall:

  • Total Open CEO Roles:  46   
  • New CEO Appointments: 66 CEOs (8 women or 12%, 58 men).
Thursday, 09 November 2017 05:56

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.

Tuesday, 31 October 2017 01:58

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.

Thursday, 26 October 2017 02:03

October 25, 2017  

Welcome to the 49th Edition of the Vell Leadership Update for the 37 days ending October 23, 2017. 

We’ve seen a lot of shake-ups this past month, as 91 new heads of technology have stepped up, including new CTOs, CIOs, tech & ops execs and CISOs. 

Summary Stats and Trends

By the numbers, overall:

  • Total Tech Exec Roles Open: 35
  • New Tech Exec Appointments:91 
    (in 85 companies, as 6 companies have multiple appointments)
    Gender Diversity: 7 women or 19%, 74 men
Saturday, 14 October 2017 06:42

Board Appointments and Departures at Giant Tech Companies
Activist Investor Not to Seek Re-Election to Microsoft Board; PepsiCo CFO to Join as Director. D. Mason Morfit, 41, ValueAct Capital’s President and Chief Investment Officer, will not seek re-election to Microsoft’s board. Hugh Johnston, 55, vice chairman and CFO of PepsiCo, joins as Director.

Intel elected Andrew Wilson, CEO of Electronic Arts, to board; Senior Leader Stacy Smith to Retire from Executive as well as Board Role. Wilson, 43, joined EA in May 2000, and has served as the company’s CEO and a director of EA since September 2013. 
Smith, 54, group president of manufacturing, operations and sales, is retiring after more than 30 years at the company. Smith will stay on board through the end of January.

Executive Chairman John Chambers, 68, not to stand for re-election to Cisco’s Board. CEO-Chair Roles Combined. The Board plans to appoint Cisco CEO Chuck Robbins, 49, to serve as chairman when Chambers' term expires in December 2017. John will also be given the honorary title of Chairman Emeritus. Chuck Robbins assumed the role as Cisco CEO in 2015. 

Tuesday, 10 October 2017 07:02

October 9th, 2017

Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 9/30/2017) and latest appointments for the month of September 2017.  

The average length of time the searches are open is 4.09 months, up from 2.97 months earlier this year. There is little variance across geographies.

 

Did you know?  Trends in Technology Board Appointments

Deloitte went through the S&P 500 board appointments, that had technology as a primary competence. Here are the themes.

- Security & Privacy – 47.9%
- Analytics & Data – 32.4%
- Cloud – 17.6%
- Digital Transformation -13.6%
- ERP – 7.2% 

Harvard did another study on over 7000 public companies and came up with a longer list. Happy to share these conclusions, and some Vell stats.  

Monday, 25 September 2017 11:35

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 Director - 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.
Saturday, 23 September 2017 06:36

September 19, 2017

Welcome to the 48th Edition of the Vell Leadership Update for the 31 days ending September 16, 2017.

We’ve seen a lot of shakeups this past month, as 93 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.

Following is an overview of this month’s trends....  

Saturday, 16 September 2017 16:44

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

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

Saturday, 09 September 2017 03:01

September 4, 2017 

Welcome to our Technology CEO Transitions Newsletter. We endeavour to catalogue all open technology CEO roles (as of 8/31/2017)  and latest appointments for the month of August 2017. 

Do let us know if you see any that we are missing! We love to find why we missed one and we will reverse engineer what sources we could have found.... 

The average length of time the searches are open is3.6 months, up from 2.97 months earlier this year. There is little variance across geographies.

 

This month's trends.... 

By the numbers, overall:

  • Total Open CEO Roles: 41
  • New CEO Appointments: 37 CEOs (2 women or 5%, 35 men)

 

Monday, 28 August 2017 16:42

Uber Selects Expedia Chief Dara Khosrowshahi for CEO Role Replacing Travis Kalanick

Uber Technologies voted to appoint Expedia’s CEO Dara Khosrowshahi, 48, as its new CEO, after an extensive executive search following Travis Kalanick resignation in late June this year.

Khosrowshahi has been the CEO and President at Expedia since 2005. He has served as a member of Expedia’s Board since completion of Expedia’s spin-off from IAC/InterActiveCorp in August 2015. Immediately prior to the IAC/Expedia spin-off, he was CEO of IAC Travel.  Before that, he had held a series of executive roles at IAC, including EVP and CFO, as EVP of Operations and Strategic Planning, and President of USA Networks Interactive. Prior to joining IAC in 1998, Khosrowshahi worked at Allen & Company from 1991 to 1998.

Monday, 28 August 2017 15:53

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.
Wednesday, 23 August 2017 23:43

August 21, 2017

Welcome to the Vell Leadership Update 47th monthly edition, for the 31 days ending August 15, 2017.

We’ve seen a lot of shakeups this past month, as 87 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.

Following is an overview of this month’s trends....  

Tuesday, 22 August 2017 04:33

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.

Tuesday, 15 August 2017 09:12

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 
  • 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.
Friday, 11 August 2017 14:29

August 8, 2017 

Welcome to our Technology CEO Transitions Newsletter. We endeavour to catalogue all open technology CEO roles (as of 7/31/2017)  and latest appointments for the month of July 2017. 

IMPORTANT NOTE!  

THREE TWEAKS TO THE SET OF COMPANIES 

#1 - Including more smaller companies, especially if they are a trend or just we deem cool.

#2 - Including more North American companies that some of you may or may not consider "tech" but are definitely getting a big footprint in digital  / tech.  

#3 -  Increasing the size cut-off for companies that are not in North America/ EMEA and don't have a specific interesting trend of coolness factor. 

The average length of time the searches are open is 2.97 months, down from 3.8 months earlier this year. There is little variance across geographies.

Sunday, 30 July 2017 08:29

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.

Thursday, 20 July 2017 02:48

July 18, 2017

Welcome to the Vell Leadership Update 46th monthly edition, for the 30 days ending July 14, 2017.

We’ve seen a lot of shakeups this past month, as 130 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.

CHANGED IN THIS EDITION

We have included a broader number of titles (like in the past month) - and data,  analytics, and Chief Digital Officers roles that are tech related only (not roles that are focused on other functional roles, e.g. marketing). 

Following is an overview of this month’s trends....  

Saturday, 08 July 2017 02:30

July 7, 2017 

Happy Canada Day! and Happy 4th of July!!!
 
 
Welcome to our CEO Turnover Newsletter. This newsletter covers open CEO roles and latest appointments in the tech sector in the month of June 2017.
Wednesday, 28 June 2017 13:03

BAE Systems Names Former Senator to its Board of Directors

BAE Systems announced that former U.S. Senator Kelly Ayotte, 49, has been appointed to its board of directors for a three-year term. From 2011 until January of this year, former Sen. Ayotte worked across party lines in Congress on numerous domestic and foreign policy issues. She served on several Senate committees, chairing the Armed Services Subcommittee on Readiness and Management Support and the Commerce, Science, and Transportation Subcommittee on Aviation Operations, Safety, and Security. Previously, from 2004 to 2009, she was the first female to serve as New Hampshire’s attorney general, appointed by both Republican and Democratic governors.

Wednesday, 28 June 2017 12:45

Rockwell Automation Appoints TSYS CIO as Newest Board Member

Rockwell Automation announced that Patricia Watson, 50, has been elected to the company’s board of directors. Watson is senior EVP and CIO at Total System Services (TSYS). She currently serves as a board director for Texas Capital Bancshares.

Wednesday, 28 June 2017 12:37

Salesforce Appoints Chief Communications Officer from Starbucks 

Salesforce announced that Corey duBrowa will join the company as EVP and Chief Communications Officer. Most recently duBrowa served as SVP, Global Communications for Starbucks. During his seven-year tenure, he led the development and execution of global communications strategies to enhance and protect the Starbucks brand and corporate reputation as it grew from forty countries to seventy-five.

Thursday, 22 June 2017 08:17

June 20, 2017

Welcome to the Vell Leadership Update 46th monthly edition, for the 30 days ending June 14, 2017.

We’ve seen a lot of shakeups this past month, as 125 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.

A little bit of Vell news: we are announcing our new website... it has been a long time coming! Do check it out....  www.vell.com. Feedback is greatly appreciated. First of each error found will get a Vell trinket!

Thursday, 22 June 2017 06:47

Uber Technologies’ CEO Travis Kalanick, 40, has stepped down from his role. He will continue to serve on the board of directors.  Five of the major shareholders in the company – Benchmark Capital, Fidelity, First Round Capital, Lowercase Capital and Menlo Ventures, demanded the CEO’s resignation. 

Kalanick co-founded Uber in 2009 and led it to be the largest U.S. ride-hailing service and among the biggest globally. Prior to Uber, he co-founded Red Swoosh in 2001 that specialized in file-sharing technology and managed to sell it to Akamai Technologies for nearly $19 million in 2007. Before Red Swoosh, he co-founded Scour with his UCLA batch mates in 1998 which offered an Internet search engine and file-sharing services.

Monday, 12 June 2017 16:10

FleetCor Welcomes Well-Known Non-Profit CEO to Board

FleetCor Technologies appointed Hala Moddelmog to its Board of Directors. An accomplished operating executive and non-profit CEO, Moddelmog has served in President and CEO roles for more than 20 years. Moddelmog served as President of Arby’s Restaurant Group, held the CEO position with Susan G. Komen for the Cure, and is currently the first female CEO of the metro Atlanta Chamber.