New Technology CEO Stats
New Tech CEO Openings:10 – Ooredoo Algérie (Algeria), Chorus Limited (New Zealand), Moneysupermarket.com (UK), Solutionary (NE), Vicon Industries (NY), Giga-tronics (CA), Electronics Industry Public Company Limited (Thailand), Shanxi Changcheng Microlight Equipment (China), Magor (ON), Spire (MA)
Sources of Appointments: 49 were External appointments, and 40 were internal promotions.
Others: founders, former execs, CFOs, CMOs, Sales Leaders, CTOs, Chief Strategy Officers, and Leaders from acquired companies, etc.
Diversity: 7% of the appointments are women CEOs. Canon Singapore (Singapore), Telenor Hungary (Hungary), Enviance (CA), Arria NLG (UK), Dtex Systems (Australia), Kidbox (Uruguay)
Geographic Distribution: 49 in North America, 24 in Europe, 15 in Asia/Russia/Australia, and 1 in Latin America.
The average and median times open CEO roles have been open are about 8 months, and there is little variance by continent. The longest open searches are:
#1 - TeleCity Group, London, UK - $529.6M, September 2014
#2 Shanda Games Limited, China - $714M, November 2014
#3 - Atmel Corporation, San Jose, CA - $1.4B , May 2015
#4 - Wi-LAN, Ottawa, Ontario - $98.3M, June 2015.
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Ericsson (ERIC) announced Hans Vestberg resigned as President and CEO and member of the Board, with immediate effect. Jan Frykhammar, Executive Vice President and CFO, will assume the CEO position until a new CEO is in office. Carl Mellander, currently VP & Group Treasurer, is appointed acting CFO with immediate effect.
Swiss mobile operator Salt CEO Johan Andsjo has resigned, with immediate effect. The board of directors has appointed Pierre-Alain Allemand as the company's interim CEO. Allemand has been at Salt since the recent change of ownership. A search for Andsjo's successor has been initiated.
Ooredoo Q.S.C. announced accepting the resignation of the CEO of Ooredoo Algeria, Mr. Joseph Ged, who has resigned this position. *Replacement not announced.
Gil Sharon, CEO of Pelephone, announced that he was ending his tenure after ten years as CEO of the company, following his upcoming appointment as CEO of Discount Investment Corporation. Sharon will be leaving Pelephone in three months, after transitioning the role to his successor.
Black Box Corporation announced that Michael McAndrew will be stepping down as the President and CEO of the company, effective upon the appointment of his successor. Mr. McAndrew will remain available to ensure a smooth transition. The Nominating & Governance Committee of the Board is in charge of succession planning and has engaged a national executive search firm to conduct an external search for candidates.
Chorus Limited announced that Mark Ratcliffe has given notice of his intent to step down as its CEO and Managing Director around the middle of 2017.
Yingfeng Zhang has been appointed as acting CEO and the Board will begin a global search for a permanent successor.
Imation announced that Bob Fernander, an existing member of the company’s Board of Directors, has been appointed as Interim CEO.
Bruno Guilmart that he will step down as President, CEO and as a Director of the company effective immediately. The Board has named Jonathan H. Chou, Kulicke & Soffa’s SVP and CFO, to fill the role of interim CEO and it has formed a committee to conduct a search for a permanent successor among external and internal candidates.
Torstar Corporation announced that David Holland has decided to retire as President and CEO of Torstar Corporation later this fall. Torstar has initiated a search to fill the joint position of President and CEO of Torstar and Publisher of the Toronto Star. Mr. Holland has worked in a number of divisions within Torstar since 1986, and has served as President and CEO for the past seven years.
TESSCO Technologies announced launched a CEO succession plan and are now engaged in a search for a new CEO with experience in achieving superior profitable growth through innovative marketing, sales and productive operations. The company expects the new CEO to be hired sometime during fiscal year 2017. In the meantime, Bob Barnhill remains the CEO, firmly dedicated to driving performance.
Michael Tobin, who had led the FTSE 250 group for a decade, left the company, with chairman John Hughes taking over executive responsibilities while a replacement is found.
UXC Limited announced that Managing Director & CEO, Cris Nicolli has informed the Board of Directors of his intention to retire in 2016. A succession planning process has been in place for some time to enable the Board of Directors to choose Nicolli's successor and both internal and external candidates have been considered for the role.
QLogic appointed Christine King as executive chairman and Jean Hu as acting CEO. Hu has served as SVP and CFO since 2011 and will continue in that role and retain her CFO responsibilities while serving as acting CEO. Prasad Rampalli has resigned his positions as president and CEO in order to pursue other opportunities.
TiVo announced that Thomas S. Rogers, its current CEO and president, will be stepping down from that role effective on the earlier of January 31, 2016 or upon the appointment of his successor.
5N Plus announced that Jacques L'Ecuyer has informed the board of directors of the company of his desire to step aside from his current position of president and CEO. He will remain as President and CEO until the new President and CEO has been appointed by the board of directors.
FARO Technologies announced that Jay Freeland plans to step down as President and CEO and member of the Board of Directors. Freeland will remain in his current role until a successor is appointed. Freeland is leaving to pursue other business and personal interests.
Moneysupermarket.com Group announced that CEO Peter Plumb has indicated to the Board his intention to step down as CEO of the Group. This will happen on or before the group's AGM in May 2017, to ensure smooth succession planning.
Tangoe announced that Albert R. Subbloie, Jr. resigned from his positions as President and CEO and as both a member and Chairman of the Board of Directors. On May 2, 2016, the Board appointed James D. Foy, one of the company's directors, as Acting CEO.
Ulrich Reutner has decided to resign as CEO of exceet Group SE and from related functions for private reasons on 1 March 2016. He will continue to support exceet until the end of 2016 to ensure a smooth transition and to support the planned divestment of the IDMS segment with his experience in this market. The CFO of exceet, Wolf-G\xFCnter Freese, will act in addition to his duties as CFO, as CEO ad interim with immediate effect.
3i Infotech announced that Mr. Madhivanan Balakrishnan, Managing Director & Global CEO of the company has decided to step down. Padmanabhan Iyer, Director and CFO of the company shall be designated as the acting CEO of the company in addition to his current role.
Global Sources announced that CEO Spenser Au is retiring. He will remain engaged until the end of the year to assist the company in transitioning to a successor.
On December 17, 2015, Speed Commerce announced that Dalton Edgecomb was appointed as its Interim CEO and Interim President, and Bruce Meier was appointed as its Interim CFO. Mr. Edgecomb is a principal of Winter Harbor, LLC and has more than 20 years of experience advising companies through cash management and cost reduction, capital structure refinancing, crisis management and business plan development for restructuring purposes.
The board of directors of Capinfo Company Limited announced that due to change of work allocation, Dr. Wang Xu has tendered his resignation as Chairman, executive director, CEO and chairman of Nomination Committee and Strategy Committee of the company which will be effective when a new Chairman is elected by the Board. Dr. Wang Xu confirmed that he did not have any disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.
Pricer AB announced the resignation of Jonas Vestin as President and CEO. The Board of Directors of has appointed Charles Jackson as acting CEO. Charles Jackson has been with Pricer during the period 2002 - 2010 and returned to the position of EVP in 2014.
GB Group plc announced that, after 13 years as CEO of GBG, Richard Law has formally decided to retire and asked the board to start the search for a successor. Richard has family matters that need his attention and these can be best served by him following a more flexible portfolio career once his commitments to GBG have been fulfilled.
In a board meeting in Q-Free ASA held on November 3, 2015 the board approved the step down of Thomas Falck as CEO of the company with immediate effect. CFO Roar is appointed as interim CEO in the company.
CEO James (Jim) Skippen intends to retire and will stay on until such time as a suitable replacement has been identified and hired. A special committee of the Board will immediately begin the search for a new permanent CEO with the assistance of a leading search firm.
The CEO of Solutionary will step down at the end of this year, as the company is becoming more tightly integrated into the Japanese firm that acquired it in 2013. Steve Idelman said the company, known as of Aug. 1, 2016 as NTT Security, is hiring and growing in Omaha.
Avanza announced that its CEO Martin Tiveus intends to leave his position. He will remain in his current role during his six months period of notice. Martin Tiveus became CEO of the company in 2011.
Omesti Berhad announced that Gan Nyap Liou alias Gan Nyap Liow, Managing Director will resign. The effective date is December 31.
MOBOTIX AG has announced the resignation of Klaus Gesmann as CEO, CFO, and as a member of management board. An interim manager will initially be placed in charge of the Finance department, previously under his control, while CTO Dr. Oliver Gabel is temporarily taking over the Purchasing department. A third board member will be appointed in the near future.
8Telecom International Holdings Co. Ltd. Announced that resignation of Ye Tianyun as Executive Chairman and CEO of the company, effective from July 26, 2016.
Tecnotree has announced the resignation of Ilkka Raiskinen as CEO following its application for a restructuring programme designed to stave off bankruptcy. Tecnotree appointed the EVP MEA & APAC Padma Ravichander as Interim CEO. Ravichander has been with Tecnotree for duration of 5 years.
BSD Crown Ltd. announced that further to the company's announcement of 15 July 2016 regarding Israel Yosef Schneorson’s decision to step down from his post as CEO with effect from 31 October 2016, the company hereby announced that the Board of Directors notified Mr. Schneorson, on 24 August 2016, that his management services agreement with the company is terminated with immediate effect in light of the latest events as the company published in the last months. Consequently he will cease to act as the company CEO from that date.
Perceptron announced that the board of directors of the company appointed current Board Chair W. Richard Marz as interim president and CEO. Mr. Marz will continue to serve as chairman of the board. The Board of Directors will initiate a search to identify a new president and CEO of the Company. Mr. Marz will serve as interim president and CEO until a successor is appointed.
The board announced that Mr. Hui Lap Shun John, an executive Director of the company, has been appointed as the chairman of the company and the acting CEO with effect from November 25, 2015.
Mesiniaga Berhad announced that Mohamed Fitri Bin Abdullah, managing director will resign. The effective date is January 01, 2016.
GuestLogix announced that Brett Proud has advised the Board that effective immediately he is retiring from his position as CEO and Director. Proud has agreed to remain available to the Board and management in a consultative role through the end of the year. A special committee of the Board has begun the search for a new permanent CEO. In the interim, Chairman Louis Belanger-Martin will play a larger role in both the strategic direction of the business, as well as the oversight of critical client and partnership relationships.
Blue Star Infotech announced that at its board meeting held on January 27, 2016, the board has accepted the resignation of Mr. Sunil Bhatia as CEO and MD. The board also approved the resignation of Mr. Aloke Ghose, as CFO and Company Secretary. Mr. V. Sudarshan was appointed as CFO and Company Secretary, effective January 27, 2016. He has also been appointed as Compliance Office, effective January 27, 2016.
The Board of Ensogo advised that it has accepted the resignation of CEO, Mr. Kris Marszalek. Marszalek is a co-founder of E88 and has been the CEO since August 2014. The Board is yet to announce the appointment of a new CEO.
On November 18, 2015, Kurt Busch resigned as President and CEO of Lantronix Mr. Busch also resigned as a member of the Board of Directors of the company and withdrew himself as a nominee for director at the company's AGM scheduled to be held on November 19, 2015. The Board appointed Jeremy Whitaker, as interim CEO of the company, while the Board finalizes the search for a new CEO.
Fireswirl Technologies announced that Tony Lau has resigned as the CEO, President and CTO of the company and as a member of the company's board of directors. Lawrence Ng has been appointed to replace Lau as the company's Interim CEO and has been appointed to the board.
On August 1, 2016, Eric Fullerton submitted his resignation as the CEO and as a director of Vicon Industries and notified the company that August 5, 2016 would be his last day of employment with the company. On August 2, 2016, the Company's Board of Directors appointed John M. Badke to serve as the Company's Interim CEO. Mr. Badke, 57, has served as the Company's SVP, Finance since May 2004, and as its CFO since December 1999. Mr. Badke will continue to hold such offices while serving as Interim CEO.
Serial System announced resignation of Mr. Peter Ho I Chin as Executive Chairman and Group CEO of Bull Will Co., Ltd, effective from January 07, 2016.
Elephant Talk Communications appointed Robert H. Turner as Executive Chairman and Tim Payne, the current President of Elephant Talk North America, as interim CEO. Together, both appointees will be responsible for managing and growing Elephant Talk's global operations. Mr. Steven van der Velden has stepped down as Chairman, CEO and a director of the Company.
On February 16, 2016, the Board of Directors of Towerstream Corporation appointed Philip Urso as Interim CEO and Arthur Giftakis as COO of the company. Mr. Urso presently serves as Chairman of the Board of Directors and Mr. Giftakis as SVP of Engineering and Operations of the company. Urso co-founded Towerstream, has served as the company's director and chairman since inception and was CEO from inception until November 2005.
The Board of zamano plc announced that Ross Conlon has tendered his resignation as CEO and director of the company with effect from May 9, 2016 to pursue other interests. Ross has agreed to facilitate a smooth handover. The board will immediately commence a process for the appointment of a new CEO of the company.
Act-On Software's CEO and Chairman Raghu Raghavan is stepping aside from the company. Raghavan, who will still be involved with the company, said a new CEO will be named soon. Prior to Act-On, Raghavan helped to start California-based Responsys.
Nexgram Holdings Berhad announced the resignation of Mr. How Han Lun as executive director and interim CEO of the company with immediate effect.
Board of Temple & Webster Group Ltd. has accepted the resignation of Brian Shanahan as CEO and also appointed Mark Coulter, current COO as Interim CEO.
Daegis announces management changes with the terms of the merger agreement and effective as of the effective Time on November 23, 2015. Timothy P. Bacci and Susan K. Conner were removed from the positions of CEO and CFO, respectively, of the company.
Anoto Group AB (publ) appointed Joonhee Won a new interim CEO. Stein Revelsby will resign from office with immediate effect after five years as CEO. The recruitment process of finding a long-term alternative as CEO will be initiated within a few months.
Christopher Weston has stepped down as President and CEO and has resigned from the Board of Photon Control. Michael Goldstein, Deputy Chairman of the Board, has been appointed Chairman and Acting CEO.
Publishing Technology PLC announced that after careful consideration, the Board announced that Michael Cairns has stepped down as CEO with immediate effect and will be replaced as acting CEO by the company's current CTO David Montgomery.
Panoramic Universal has announced that Mr. Babu Iyer intimated about his intention to resign as Director from the Board of the Company and as Managing Director of the Company.
RoomLinX announced that in order to focus on capital requirements, public markets, investor & public relations, and M&A opportunities, effective January 4, 2016, Aaron Dobrinsky, CEO, has handed all of his day to day executive positions at the company and its subsidiaries to existing members of the management team. With his focus to help build shareholder value, Mr. Dobrinsky has assumed the role of Chairman of the Board.
Europtronic Group Ltd. announced the resignation of Mr. Huang Chien-Hung as CEO and Executive Director of the company with effect from 8 April 2016. In the interim period, the duties of the CEO would be undertaken by the Vice Chairman the Company, Mrs. Huang Chuang Shueh-Ou.
Ms. Chai Xiu had tendered her resignation as the CEO of the Company with effect from 10 November 2015 in order to devote more time on her other business commitment. Ms. Chai will remain as an executive director and the chairman of the Company. The Company is in the process of identifying a suitable candidate to assume the role as CEO and further announcement in this regard will be made as and when appropriate.
Posera-HDX announced that Paul K. Howell has stepped down as CEO effective immediately. Mr. Howell will continue as a director of the company. An interim CEO will be appointed as soon as possible.
Image Sensing Systems announced that Dale Parker has resigned as CFO, Interim CEO, COO and Director. The board has appointed Chad Stelzig as Interim CEO. Mr. Stelzig has most recently served as VP of Engineering of ISS in addition to his prior position as Director of Algorithm and Software Engineering at the Company.
Corum Group Limited announced that David Tonuri has resigned from his positions of Managing Director and CEO with immediate effect. Current CFO, David Clarke, has assumed the position of interim CEO. David will hold this position for the time necessary for the board to undertake a search process for a new CEO.
Giga-tronics Incorporated appointed W. Joseph Thompson as Chairman and Acting CEO. He succeeds John Regazzi, the architect of the company’s Advanced Signal Generator and Analysis platform (ASG), who is assuming the role of CTO to enable him to focus on customer engagement and future technology development.
RiT Technologies announced that Yossi Ben Harosh has resigned from his position as the President and CEO.
Schmitt Industries announced that on January 8, 2016, James A. Fitzhenry, the President and CEO of the company tendered his resignation as an officer of the company, including any positions held with any of the company's subsidiaries. Mr. Fitzhenry will retain his position as a director of the company. On January 8, 2016, the company appointed board member David M. Hudson as its Interim President and CEO.
Pinnacle Technology Group plc announced that Nicholas Scallan, CEO, intends to step down from the Board at this year's Annual General Meeting proposed to be held on 23 March 2016. He will remain as CEO until this time. As announced on 7 December 2015, James Dodd will also step down as a non-executive director at the time of the AGM.
International Datacasting Corporation announced a change in management. As previously announced, the Board has commenced a formal process to explore strategic alternatives with a view to enhancing shareholder value. Accordingly, IDC's Senior Management team including the Co-CEO's Chris Barrett and Steeve Huin, as well as the CFO, Steve Archambault, have voluntarily offered their resignations. Archambault has agreed to serve as CFO and interim CEO during this transition period.
Alex Minicucci resigned his position as CEO and was appointed to the position of Chief Strategy Officer. The Board of Directors appointed Chairman Jerold Rubinstein to the position of interim CEO. Mr. Rubinstein will serve as interim CEO until the appointment of a permanent CEO. Mr. Rubinstein has served as a member of the Board of Directors and Chairman of the company's Audit Committee since October 2013.
Lonnie Schilling, the CEO of Birdstep Technology ASA will step down from his position as the company's CEO. Mr. Schilling will continue to serve as the company's CEO for the notice period of six months, which starts on April 1, 2016.
The Board of Directors of Spectra7 Microsystems announced with great sadness, the sudden death of its President and CEO, Tony Stelliga. Dave Mier, CFO, and Cynthia Cole, VP, General Counsel and Corporate Development, have been jointly appointed by the Board on an interim basis to lead the company's management team overseeing daily operations and corporate strategy. Mr. Mier and Ms. Cole will act in such capacity until the Board identifies an appropriate candidate for the position of President and CEO.
Electronics Industry Public Company Limited (EIC) announced that Mr. Bee Taechaubol has resigned from the position of Chairman and CEO of the company, effective August 11, 2016 due to his busy work schedule for overseas business commitments. The board of directors' resolved to appoint Mr. Luca Roveda as Chairman of the board of directors and acting CEO until a suitable replacement can be appointed.
Asdion Berhad announced that Tai Tee Yap, CEO has resigned. The effective date is November 11, 2015.
On December 14, 2015, the Sitestar Corporation board of directors terminated Frank Erhartic for cause from his position as president and CEO of the company effective immediately. Mr. Erhartic also agreed to resign his position as a director of the Company effective immediately. The board has appointed Steven L. Kiel as interim president and CEO. Steven L. Kiel, 37, is the founder and president of Arquitos Capital Management.
Magor Corporation announced that Mr. Mike Pascoe has decided to step down as CEO and a member of the Board on August 31, 2016. The board has appointed Mr. Brian Baker, its current CFO, as interim President and CEO and he will be joining the board of directors.
Spindle named Michael J. Schwartz as its Interim CEO. Schwartz replaces Bill Clark who has held the CEO role since 2011. Prior to joining Spindle, Schwartz was Chief Technology Officer, International Group of Fiserv.
OTCO International announced that Ms. Chinnamma Pullatu Mathew is re-designated as Non-Executive & Non-Independent director from her existing position as executive & non-independent director and CEO of the company. She is not holding the post of CEO hereafter.
ZAIO announced that David King has been terminated from his position as President and CEO by the Board of Directors. Joel Strickland, Chairman of the Board has been appointed interim CEO, and Phil Wazonek, currently a Zaio Director has been appointed interim President and COO.
VidWrx announced that CEO Steve Hancock was injured in a cycling accident on June 8. Steve is currently hospitalized with serious injuries the full extent of which is still being assessed. As a result the Board of Directors announced that Steve will be stepping down as CEO and Director of the Company.
On November 4, 2015, Justin Braune resigned as the CEO and as the sole member of the Board of Directors of Agritek Holdings. B. Michael Friedman will act as interim CEO, and sole member of the board, and shall serve until the 2016 annual meeting of stockholders and thereafter, until his respective successor is duly elected, qualified and practicable to replace Mr. Friedman. Mr. Friedman was previously the company's CEO from 2009 until he was replaced by Mr. Braune in March 2015.
On February 28, 2016 in a Consent to Action in Lieu of a General Meeting of the Shareholders of Kashin to remove and terminate Carl Maybin II as the CEO and as a Director, Richard Dryer as the CIO and as a Director, to appoint Richard Specht as the Interim CEO, Interim CFO and Interim President and to appoint Scott Kline as the CIO and as a Director.
Primary Opinion Limited announced that Mr. Martin Burke has tendered his resignation as CEO & Managing Director of the company effective 10 December 2015. Mr. Burke will continue to assist the board for the next 3 months to ensure a smooth transition of the Australian operations.
On November 10, 2015, the board of directors of BreedIT Corp. accepted the resignation of Mr. Yoel Yogev as the company's CEO and a director, effective November 10, 2015. Mr. Yogev stated that the reason for his resignation was to permit him to pursue other business interests. Mr. Itschak Shrem, who has served as the company's chairman since December 31, 2013, has been appointed as interim CEO and will continue to serve as chairman of the company's board of directors.
Kronologi Asia Berhad announced appointment of Mr. Teo Chong Meng Philip Dominic (Executive Director) as Acting CEO and Mr. Tan Wee Seng Gerard (Independent Non-Executive Director) as Non-Executive Chairman.
Netia announced Boguslawa Matuszewska's term as temporary president of its management board (CEO) expired on 06 October. As a member of the company's supervisory board, she was appointed temporarily to perform the duties of the CEO with effect from 06 July for no longer than three months. Netia also announced that she resigned her membership of the company's supervisory board with effect from 06 October.
Wall Street Media Co. announced that Jerrold D. Burden immediately resigned as the sole director, CEO, President, Principal Executive Officer and Principal Financial Officer of the company. The company also announced that Jeffrey A. Lubchansky was appointed as the company's sole officer and director, serving as the company's interim CEO, President, Principal Executive Officer and Principal Financial Officer.
Effective on September 22, 2015, the board of directors of Epcylon Technologies accepted the resignation of Jack J. Bensimon as the CEO and member of the board of directors of the company. Gary Schwartz, as director of lead strategies on behalf of the company, will be overseeing the day-to-day operations of the company until a replacement for CEO has been appointed.
Timothy M. Roberts resigned as the Chairman and CEO. No replacements announced yet.
CompuMed announced that W. Scott Rombach has resigned as President, CEO, and Director of CompuMed, effective November 13, 2015. Lee Keddie and David Pointer, existing Directors, will serve in the role of interim Co-CEOs for the company.
Oniqua Intelligent MRO announced that effective December 4, 2015 company co-founder and CEO Andy Hill will retire after 25 years of service. Steve Herrmann, EVP of marketing and alliances for the company, will serve as interim CEO to ensure a smooth and successful transition during the search for Mr. Hill's successor. Hill will continue to provide strategic advice and counsel to the company on a consulting basis.
BT announced that Joe Garner is to step down as CEO of Openreach after deciding to take up a new challenge as CEO of Nationwide.
SITA announced that CEO Francesco Violante will step down in the second half of 2016 after more than 13 years at the helm. A global search for Violante's successor is currently under way.
Astrotech Corporation and its subsidiary 1st Detect Corporation, announced the demise of 1st Detect CEO Bob C. Kibler on October 31 due to heart complications. Mr. Kibler joined the company on June 23, 2014 and served as CEO of 1 Detect Corporation since December 4, 2014. Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation and Chairman of 1st Detect, who was also the CEO of 1 Detect from inception to December 3, 2014 will serve as Acting CEO until a successor is named.
PeerTV Plc announced the resignation of Wes Wilcox as CEO of PeerTV Limited.
Effective as of October 22, 2015, Mr. Xavier Rey has resigned as the CEO of Ournett Holdings and as a member of the company's Board of Directors.
Effective Jan. 1, 2016, ShopKeep announced that President and CEO, Norm Merritt, will be stepping down as head of the company for personal reasons. Michael DeSimone, who was formerly CEO of Borderfree will serve as ShopKeep’s acting CEO.
Total Client Services Limited announced its shareholders that Mr. Lindikhaya Sipoyo has decided not to renew his employment contract for a third term. However, in order to ensure a seamless transition, Lindikhaya has agreed to continue to fulfill the role as Executive Director and CEO until a suitable replacement is found.
Micromax announced that CEO Vineet Taneja has resigned from the company. Taneja was appointed the CEO in May 2014. The company's four promoters, Rajesh Agarwal, Vikas Jain, Rahul Sharma and Sumeet Kumar, that own about 80% stake, are now in charge of the company.
STEVEN SAMBLIS, has stepped down as CEO, CFO and President and as a Member of the Board of Directors of the company. JOE SIRIANNI, who has consented to act as a President, Secretary and Treasurer, is appointed as President, Secretary and Treasurer of the company.
Superloop Limited announced that Superloop Executive Director and Founder, Mr. Bevan Slattery will be taking the role of Interim CEO of Superloop. Slattery will remain in the role of company Chairman.
On February 4, 2016, AppYea's sole director, CEO and CFO, Jackie Williams, passed away. Effective February 16, 2016, pursuant to the company's Bylaws, shareholders holding a majority of the common share votes, voted by written consent to appoint Keri Williams and Devin Beavers to serve as directors of the company. In addition, on February 16, 2016, the newly appointed board of directors appointed Devin Beavers to serve as interim CEO and interim CFO.
Qliro Group AB (publ) announced that Magnus Mansson intends to step down as CEO of Nelly. Magnus will remain in his current role until further notice and has a six month notice period. Magnus Månsson will assume the role of CEO of Gina Tricot after he has concluded his assignment at Nelly.
Pocket App has announced that Hugh Griffiths, a former Director of Mobile Services at Microsoft, has been appointed as Interim CEO. Paul Swaddle, the incumbent CEO, has taken up the position of Chairman and will continue to drive innovation and development, marketing and product marketing.
The Board of Directors of Coinsilium Group Limited appointed Mr. Mark McDonnell as interim CEO of its investee company operating as Magnr. Mark has over 25 years' experience in the Financial Services Industry and has held senior positions at Lehman Brothers, AIG Financial Products and Bank of America Merrill Lynch. Mark is a director of Sherpa Millbank Ltd. and is a founding partner of EMx Capital Strategies LLC.
Ericsson has announced the departure of Hans Vestberg as the president, CEO and member of the board of directors. Jan Frykhammar, EVP and CFO, will assume the CEO position until a new CEO is in office.
Astra Capital Management closed on its acquisition of Logix Communications. Matt Asmus, previous CEO of Logix, and Craig Sheetz, previous CFO, left the company as part of the sale. Astra partner Matt Murphy was named chairman and interim CEO of Logix.
Tech Companies: CEOs Appointed
This is the detailed version of CEOs Appointed in the month August 2016.
Staffan Gojeryd has been appointed CEO of Telia Carrier with immediate effect. Over the past two years, Staffan has been responsible for the Data Business in Telia Carrier.
Blue Coat CEO Gregory Clark became Symantec's CEO, after acquisition of Blue Coat.
Vodafone Turkey appointed Colman Deegan as CEO, effective September 19, 2016. Most recently, Deegan was Vodafone Italy's EVP of Finance.
Canon Singapore appointed Ms. Noriko Gunji as President and CEO. Ms. Gunji has also been appointed as Executive Officer of Canon, earlier in April this year. She moved from her most recent role as VP of Canon China.
Spark New Zealand appointed Ed Hyde, CEO at Qrious, as the new CEO for Spark Ventures.
Cypress Semiconductor Corporation announced that Hassane El-Khoury has been named its president, CEO, and a member of its board of directors. Before joining Cypress in 2007, El-Khoury served in various roles with Continental Automotive Systems in the U.S., Germany and Japan.
The board of directors of Coolpad Group Limited announced that Mr. Liu Jiangfeng has been appointed as an executive Director and the CEO of the company. Mr. Liu served in Huawei for 19 years since 1996 and had successively served as the president of Global Technology Service Division, VP of Network Product Line, VP of Asia Pacific District and the president of Honor Business Unit.
NI elected Alex Davern, age 49, to serve as CEO and President of National Instruments. Davern has served as COO of NI since 2010, and CFO since 1997.
Amaya announced that Rafi Ashkenazi, who was appointed Interim CEO of the company in March 2016 and currently serves as CEO of Rational Group, has been appointed CEO of the company on a permanent basis. Mr. Ashkenazi's appointment follows the resignation of David Baazov from all positions with the company, effective August 11, 2016.
YY announced that Mr. Jun Lei has tendered his resignation as the Chairman and a member of the company’s Board of Directors, in order to focus his energy on Xiaomi, where he is currently Chairman and CEO. Mr. Zhou Chen, who joined YY in 2007 and has served as the head of YY’s music and entertainment business since 2011 and has been hugely successful in growing the business during his tenure, will succeed Mr. Li as the company’s CEO.
ANSYS announced a leadership succession plan. James E. Cashman, who has served as ANSYS’ CEO since 2000, will become Chairman. Dr. Ajei S. Gopal, a technology industry veteran who has served as a member of the ANSYS Board since 2011, has been appointed President and COO effective immediately and will continue to serve on the Board. Dr. Gopal will become CEO on January 1, 2017.
Laird PLC announced that David Lockwood, who has been CEO of the company since 13 August 2012, will step down as CEO and director to take up the position of CEO at Cobham plc. The resignation will take effect on 5 September 2016. The Laird Board announced that Tony Quinlan, the current CFO of Laird PLC, has been appointed to take over from David on 5 September 2016. Richard Harris, the current Group Financial Controller, will assume Tony's previous responsibilities as leader of the Finance function on an interim basis, while Laird looks for a permanent successor to the CFO role.
Plantronics announced that Ken Kannappan, president and CEO, will retire as CEO at the end of the second quarter of the company's fiscal year. Joe Burton, Plantronics' EVP and chief commercial officer, will become president and CEO.
II-VI Incorporated appointed Dr. Vincent D. Mattera, Jr. as President and CEO effective September 1, 2016 following the retirement of current CEO Francis J. Kramer. Dr. Mattera has served as the President since 2014.
Mrs. Alexandra Reich was appointed as CEO of Telenor Hungary and EVP of Telenor Group. Reich has served as EVP and Head of Mobile Business for Swisscom Enterprise since 2014, after joining the Swiss company in 2009.
Vodafone Hungary appointed Alexandre Froment-Curtil as its new CEO. He will replace Diego Massidda who will leave the company to pursue new career opportunities in the UK. Most recently, Froment-Curtil was Vodafone Hungary's deputy CEO. He joined the Hungarian operator in 2012.
Novanta has named Matthijs Glastra as CEO and a director of the company, effective September 1, 2016. Mr. Glastra currently serves as Novanta's COO, and will succeed John Roush as CEO.
comScore announced that its Board of Directors has named company co-founder Gian Fulgoni as its CEO. Mr. Fulgoni most recently served comScore as Chairman Emeritus, a role he has held since 2014, and he will continue to serve on the Board.
Uzi Sasson has been promoted to the position of CEO of IXYS Corporation, a title he will share with Chairman and CEO Nathan Zommer. Sasson served as IXYS's President and CFO since December 2009.
The Board of directors has appointed Mr. Örjan Frid as the new President and CEO of the Eniro Group. He has previously served as interim CEO, COO and project manager in organizations that were subject to significant change and restructuring. Mr. Frid has also worked as CEO of Patria Helicopters AB, Eneas Energy AB and TradeDoubler AB.
The board of Hills Limited appointed Mr. David Lenz as CEO. Mr. Lenz is currently the Chief Operations Officer and head of Hills' key Building Technologies division.
Automated Systems Holdings Limited announced that Mr. Wang Yueou will be re-designated from the acting CEO to the CEO of the company and will resign as the CFO and the joint company secretary of the company.
Electro Scientific Industries announced that Michael Burger, former CEO of Cascade Microtech , will join as President and CEO of the company and will succeed Edward C. Grady on October 3, 2016.
Alexander Hagemann has been appointed as CEO per 1 September 2016. The current CEO will leave the Cicor Group. From March 2007 to July 2016 he was CEO at Schafer Group.
The Supervisory Board of SUSS MicroTec AG appointed Dr. Franz Richter as a new member of the Management Board. His contract will run for a period of three years. Dr. Richter accepted the appointment to the Management Board as of August 30, 2016 and he will assume his position as new CEO on September 7, 2016.
Kordia Group appointed Scott Bartlett as Group CEO. Since 2013, he has served as CEO of the New Zealand operations and in his new role assumes responsibility for Kordia's Australian operations too.
Cision announced that Kevin Akeroyd has been named global CEO. Most recently he was general manager and SVP at Oracle Marketing Cloud where he orchestrated and executed the industrys most prolific acquisition strategy, including Marketing Automation, Omni-Channel Campaign Management, Web Personalization, Content Marketing, DMP, Mobile Marketing, Data, and X-Device Orchestration.
Dr. Dirk Michael Rothweiler is to become the new CEO of First Sensor AG. After working at the Fraunhofer Gesellschaft, Carl Zeiss AG, SÜSS MicroTec and the Cymer/Zeiss joint venture TCZ, Dr. Rothweiler has been in charge of the global optics activities of the Jenoptik Group in recent years.
The Board of Directors of European Directories Midco S.à r.l. has announced changes within the leadership at Fonecta Oy and appointed Pekka Harju as the new CEO. Harju, Head of Fonecta B2B Vesa-Pekka Kirsi and Head of 020202 Lauri Kangaslahti will continue to lead Fonecta through the transformation.
Accruent announced the promotion of John Borgerding to CEO. Borgerding joined Accruent in January as president.
PlumChoice announced that David Shimoni has been appointed president and CEO. Most recently, Shimoni was president and general manager at Mformation Software Technologies.
Marin Software Incorporated announced that the Board of Directors decided to reappoint Christopher A. Lien to the role of CEO, and as a result David A. Yovanno has stepped down as CEO and from his position as a member of the board. Mr. Lien, founded the company in 2006, and currently serves as its chairman of the board.
Wal-Mart Stores CEO Doug McMillan confirmed that Neil Ashe, CEO of Walmart.com, would be leaving the company following the end of the fiscal year. Marc Lore, current president and CEO of Jet.com, will join Walmart as its new president and CEO of e-commerce following completion of Walmart's acquisition of Jet.
Telekom Malaysia has appointed Azizi Hadi as the new CEO and executive director of Webe Digital (formerly known as Packet One Networks), effective 1 August. Hadi succeeds CC Puan. Hadi previously served as COO of Webe Digital. Puan will continue as a non-executive director on the Webe board of directors.
Intermolecular announced that Chris Kramer has been appointed as President and CEO. Kramer has more than 25 years of experience as a senior technology executive in the semiconductor and materials industry in the U.S., Asia and Europe. He joined ATMI in 2010 as SVP of Materials Solutions, where he was responsible for the company's ion implant business operations and its gas and liquid storage and delivery systems.
Subex Limited has informed the Exchange regarding the re-appointment of Mr. Surjeet Singh as Managing Director & CEO of the company, for a period of one year from October 5, 2016 to hold office until October 4, 2017 as per the terms of appointment.
Daniel Rosenthal was appointed the company’s CEO. Rosenthal is joining the company from PEAK6 Investments, L.P. Since December 2015, Mr. Rosenthal has overseen the development of electronic trading strategies and served as a member of the board of directors of Apex Clearing Corporation.
Bridgelux announced, Tim Lester, has been appointed CEO. Mr. Lester’s appointment comes after the completion of the sale of Bridgelux to an investment group led by the China Electronics Company (CEC) and ChongQing Linkong Development Investment Company. Lester joined Bridgelux in 2010 and has served as CFO/COO.
Verisk Health announced that Dr. Emad Rizk has been named CEO.Dr. Rizk joins Verisk Health from Accretive Health where he served as CEO and as a member of its Board of Directors.
Unitrends announced Paul Brady as the company's new CEO. Brady previously held CEO and other senior leadership positions with ObserveIT, Riverbed Technology, Mazu Networks, Guardent, Exodus, Cohesive Technology Solutions, and Business Technologies Before joining Unitrends, Brady was the CEO of ObserveIT.
Top Image Systems Ltd. appointed Brendan Reidy to the position of CEO. Reidy most recently served as President, COO and CTO of XRS Corporation.
Dods Group plc announced that Guy Cleaver, COO, has been appointed CEO and Director with immediate effect. Mr. Cleaver was Managing Director for the company from 2007, and was promoted to COO with responsibility for all Group's businesses in March 2016.
Pulse Systems announced that Charles Walls has been appointed as President and CEO, effective August 8, 2016. Mr. Walls is joining the company with 30 years of Healthcare IT experience. Walls recently served as VP of Strategic Accounts and Business Development for Anthelio Healthcare Solutions.
Nesscap Energy announced that Jim Zuidema has assumed the title of CEO and CFO. Jim served as the company's acting CEO as well as CFO.
LRAD Corporation appointed Richard Danforth as CEO of the Company. Prior to joining the Company, Danforth founded RsD Aero in October 2013.
Aldridge has promoted Patrick Wiley, formerly the company's COO and president, as its CEO.
Payment Data Systems announced that effective August 4, 2016, Mr. Michael R. Long, one of co-founders, retired as long-standing CEO and Mr. Louis A. Hoch, other co-founder, was appointed as new CEO by Board.
The board of Onrox Malmö appointed Stefan Jönsson as new CEO. Stefan starts on August 15, 2016. Stefan Jönsson has since January 2016 been working as Inission’s sales manager.
Silego Technology announced that John Teegen has been named its CEO and President, and a member of its Board of Directors. Before joining Silego, Teegen held executive management positions at Kovio , NeoPhotonics Corporation, MMC Networks (AMCC), Intellon Corporation (QCOM), VLSI Technology (NXP) and Advanced Micro Devices, where he began his career.
Enviance announced that Amy Stelling has joined the company as president and CEO. Stelling -- who was previously an executive-in-residence at the Battery Ventures, the backer of Enviance -- brings to the role a wealth of operational experience including integrating software products and teams to better serve customers.
Asset Control announced that it has appointed Mark Hepsworth as CEO with effective immediately. Prior to working at the company, Mr. Hepsworth brings the experience of a career with providers of financial data, application software and services and a track record of successful product innovation and business development. Earlier, Mr. Hepsworth worked at Interactive Data Corporation as President, EMEA was a member of the company's executive leadership team.
Lau Kelly, an Executive Director, has been appointed as the CEO. Mr. Lau Kelly, aged 37, was appointed as an executive Director on 31 December 2015.
Messaging International named Max Vermoken as CEO. Max was most recently a strategic advisor to LafargeHolcim Ltd.
Ed Keller, President, was also appointed CEO of the company on August 30, 2016.
Arria NLG plc announced changes to the board of directors of the company. Ms. Sharon Daniels, formerly a non-executive director of the Company, has been appointed, with immediate effect, as Chairperson of the Board and, until the Listings, CEO of Arria NLG. It is anticipated that on the Listings being effected Chief Strategy Officer Matthew Gould will be appointed CEO with Ms. Daniels continuing as Chairperson.
Crnogorski Telekom announced the new executive director and CEO of the company is Milija Zekovic. He was former assistant executive director for commercial affairs. He will replace Ruediger Schulz, who has been CEO of the company since 2011.
Rent.com.au Limited appointed Mr. Greg Bader as its new CEO. Mr. Bader is an experienced Senior Executive having worked in the Information and Communication Technology (ICT) industry for more than 20 years, both locally and internationally. Most recently he was a key member of iiNet's executive team, where he was CTO from 2003 to 2012.
Mobio Technologies announced that Laurie Baggio has been appointed as CEO and a director of the Company. Companies he has recently been involved with include Moj.io, a company bringing smart technology to cars, Beanworks Solutions and Foodee Media an online delivery and takeout ordering platform.
Vogogo announced that Gino DeMichele, currently a director of the Company, has been appointed as Vogogo’s interim President and CEO.
Timico announced that it has appointed Ben Marnham as its new CEO, replacing the company's founder Tim Radford, who becomes executive chairman. Marnham, a non-executive director on company's board since May 2014, was previously COO at UK IT group Alternative Networks.
Upper Street Marketing and SPRiZZi Beverage Company announced that as of Aug. 16, Upper Street will acquire SPRiZZi Drink Company and will appoint Michael Breault as CEO of Upper Street Marketing. Breault is the original founder of SPRiZZi Drink-Co and has decades of experience in all aspects of manufacturing and marketing with several consumer product companies.
Changepoint announced it has appointed Matt Scheuing as CEO.Before the company, Scheuing spent time in leadership roles as CEO and on the Board of Directors at enterprise technology companies ranging from Fortune 200 to venture funded start-ups. Most recently, he was CEO of Tideland Signal, where he led high performance teams in the delivery of innovative aids to marine navigation solutions.
Michael Burk, who held various management positions at adidas and Google, was named to the role of CEO.
Pebble Beach Systems has appointed Tom Gittins as CEO. With a strong commercial focus and many years of industry experience, Gittins has been with Pebble Beach Systems for 10 years, and previously held the position of Sales Director at the company.
Santa Rosa Resources Corp. appointed Samuel Vella as CEO and a director of the corporation. Mr. Vella replaces Colin Haddock who has resigned as CEO and director to pursue other interests. Mr. Vella is an independent consultant in corporate management and financing specifically aimed at the junior mining industry. He has built and managed several businesses in the United States over the past 16 years.
Arkena Nordics has appointed Mats Victorin as its CEO. Victorin used to be CEO of Tilgin, and before that, head of medical technology company Tunstall.
Myotest named Dr. Christophe Ramstein as its CEO. Ramstein is the former VP of Engineering at Logitech.
Dtex Systems announced new executive leadership appointments, naming industry veterans Christy Wyatt as CEO and Bahman Mahbod as COO. Wyatt succeeds Dtex co-founder Mohan Koo, who will transition to the role of CTO.
The company is pleased to announce that Klaus Mueller (Ph.D) is to be appointed as the new CEO. Mueller joins from Deutsche Telekom where he served as COO, in their foreign mobile & fixed operations division where he had responsibility for 12 European countries.
Ted Smith is returning to the private sector as CEO of Revon Systems LLC. The company is working on a SmartCOPD app, which tells users whether a flare-up is imminent, and is considering monetizing it as a prescription digital therapeutic. While with the city, Smith helped create the AirLouisville program, in which asthma inhalers are given GPS devices as a way to track health data, and founded Code Louisville, a coding-skills training program for residents.
Bedrock Data announced that Thor Johnson has joined the company as CEO. Prior to Bedrock Data, Johnson served as Chief Marketing Officer of Intralinks (IL) and as chief marketer for Eloqua Corporation, a leader in SaaS marketing software, now part of Oracle (ORCL).
Gustavo Americo Folcarelli consented to and was appointed the President, the CEO, the CFO, the Treasurer, and the Corporate Secretary of Globe Net by the board of directors. From 2005 to present, Mr. Folcarelli has operated a private company, Current Real Estate Management and Development, in Priverno, Latina, Italy, which develops real estate properties in Italy.
NVBOTS announced the addition of Duncan McCallum as CEO. Previously, as CEO, Duncan co-founded, built and sold two companies (Cilk Arts, VeloBit).
Relayware appointed Gordon Rapkin as CEO. Previously, Rapkin successfully served as CEO of three high-tech companies, including Archive Systems and Protegrity.
Kahuna announced that Sameer Patel has been named as CEO. The former SAP SVP will lead the cross-channel marketing automation company's next phase of growth. Sameer Patel was the General Manager/SVP at SAP Successfactors.
Cognia has appointed Stewart Holness as its new CEO. Stewart has a deep understanding of the media, big data, and telecommunication industries, having served as Marketing Director of Business Objects and EVP of both Stanford Technology Group and MicroStrategy.
KIDBOX appointed Miki Racine Berardelli as the CEO. Berardelli joins from Chico's FAS, where she was President of Digital Commerce and CMO.
Intervention Insights announced that Steven W. Jones has joined the company as CEO and board member. Jones is a 30-year healthcare industry veteran with strategic and operational experience. He joins Intervention Insights from Dental Services Group.
test IO reported the appointment of Philip Soffer as CEO. Soffer is a Silicon Valley startup veteran who has led product, engineering, and marketing efforts at Plumtree Software, Lithium Technologies, and Piazza.
Pond5 appointed Jason Teichman as the company’s new CEO and Board Director. Teichman most recently as COO at Web.com Group.
Pepperdata announced that Ashfaq Munshi has joined the company as CEO. Munshi has held CEO roles at several successful startups, as well as numerous other technology executive positions, including CTO at Yahoo, and brings over 30 years of experience to his role at Pepperdata.
StackIQ appointed Pervez Choudhry as CEO. His most recent experience as a VP at Puppet provided know-how and relationships in the datacenter automation space that will benefit StackIQ greatly.
sipsynergy, appointed Toby Gold as CEO. Gold joins sipsynergy from Dell Software where his most recent role was Director of Northern Europe.
Lumiant Corporation appointed Charles Baker as CEO. Until recently, Mr. Baker was an Executive Director of Product Marketing at GM where he crafted winning strategies to focus on customer needs in China, Brazil, Mexico and other global markets.
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