Friday, 17 February 2017 11:14

Technology Vendor Board Changes to Note: Adobe, PayPal & Many Others Featured

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Texas Instruments Appoints Lennox International Chair/CEO as Board Member

Texas Instruments announced that Todd M. Bluedorn has been elected to the company's board of directors. Bluedorn is chairman of the board and CEO of Lennox International. Before joining the company, Bluedorn, held a number of senior management positions at United Technologies Corporation, including president of three different businesses.

TCS Approves Removal of Director

Tata Consultancy Services approved removal of C. P. Mistry as director of the company. Mistry was the chairman of Tata Group, an Indian business conglomerate, between 2012 and 2016.

Adobe Combines Chair-CEO Roles and Appoints Lead Director 

Adobe announced that its Board of Directors has elected Shantanu Narayen as Chairman of the Board. Narayen will continue in his role as President and CEO of Adobe and succeeds Co-Chairs and Co-Founders of the company, John Warnock and Chuck Geschke, who will remain on the Board.

The company also announced that board member Jim Daley, a 35-year Price Waterhouse veteran and prior CFO of a publicly traded technology company, has been named Lead Director to ensure continued sound corporate governance. Daley has been a board member since 2001.

PayPal Appoints Recognized Attorney and Airbnb Business Leader to its Board

PayPal appointed Belinda Johnson to its board of directors. Johnson is a recognized attorney and business leader who has focused her talents on crafting and directing policies and strategies that enable high-growth, consumer-facing internet companies for more than two decades. Johnson is the Chief Business Affairs and Legal Officer at Airbnb.

Yahoo CEO and Five Other Directors to Step Down from Board on Completion of Acquisition by Verizon

Yahoo CEO Marissa Mayer will step down from the board on completion of its $4.8 billion acquisition by Verizon. Mayer will leave the board alongside its cofounder David Filo and board members Eddy Hartenstein, Richard Hill, Jane Shaw, and Maynard Webb. Eric Brandt will become board chairman once the sale of its core business is completed. The company added that the remaining units of the business will operate as an investment company under the name Altaba. Under the chairmanship of Brandt, Tor Braham, Catherine Friedman, Thomas McInerney, and Jeffrey Smith will all remain on the board.

Analog Devices Announces Changes to Board Membership       

Analog Devices announced that Mark M. Little, former SVP, GE Global Research and CTO of GE, has been elected as a Director of the Company, and that the Board of Directors of the Company intends to elect Robert H.  Swanson, Executive Chairman of Linear Technology Corporation, as a Director following the closing of the Company’s acquisition of Linear Technology Corporation.

Richard Beyer and John Hodgson will retire from the Company’s Board. Dr.  Little is the former SVP, GE Global Research and CTO of GE. Swanson, a founder of Linear Technology, has served as Executive Chairman of the Linear Technology board of directors since January 2005.

Paychex Expands Board, Appoints Successful Entrepreneur as New Member        

HCM Solutions firm Paychex appointed Thomas F. Bonadio, CPA, to fill a newly created board position. Bonadio is CEO and managing partner of the Bonadio Group, the largest certified public accountant firm in New York State outside of Manhattan. He founded Bonadio & Co. in 1978.

Seagate Technology Appoints Micron Technology’s Worldwide Sales VP to Board 

Seagate Technology named Mark W. Adams to the company’s Board of Directors. From 2006 to February 2012, Adams served in a number of positions at Micron Technology, including as VP of Worldwide Sales and VP of Digital Media. Prior to joining Micron Technology, he served as COO of Lexar Media in 2006 and as VP of Sales and Marketing of Creative Labs from 2002 to 2006.  He has served as a director of Cadence Design Systems since 2015.

Motorola Solutions Elects Former Emotient CEO to its Board     

Motorola Solutions announced that Ken Denman has been elected to its board of directors. Denman was previously President and CEO of Emotient. He also held CEO positions at two Silicon Valley software companies Openwave Systems and iPass, and was COO – Wireless, for MediaOne International. Denman currently serves on the board of ShoreTel and Mitek.

Xerox Announces Board Changes            

Xerox announced that the company’s CEO, Jeff Jacobson, and Greg Brown, chairman and CEO of Motorola Solutions, have joined Xerox’s board. As previously announced, Ursula Burns will retire as chairman of the. Richard J. Harrington, who has served on the board since 2004, will also retire and will not stand for re-election at the annual shareholders meeting.

Marvell Technology Appoints Former President and Co-Founder of ARM Holdings as Director

Marvell Technology Group appointed Tudor Brown, MBE, to its Board. Brown currently serves on the boards of the Lenovo Group, Tessera Technologies and the SMTC. Previously, he was one of the founding members of ARM Holdings. During his tenure, he served in a range of leadership roles, including EVP of Global Development, Chief Technical Officer, COO and President, and was a member of their board. He also served on the Boards of P2i and ANT Software.

Qorvo Appoints Former JDS Uniphase EVP to its Board

Semiconductor firm Qorvo announced the election of Susan L. Spradley to its Board of Directors. Spradley has substantial senior management experience in the communications industry, most recently as EVP and GM, Network and Service Enablement for Viavi Solutions (formerly JDS Uniphase).

Proofpoint Announces Resignation of Imperva CEO from Board     

Imperva’s Chair, CEO & President Anthony Bettencourt informed the company of his resignation from the Board of Directors of Proofpoint, leader in advanced cybersecurity solutionsHis resignation was not due to any disagreement with the company or its management.

 MTS Systems Corporation Announces Board Changes; Retirement of President, Test and Subsequent Structural Changes

MTS Systems Corporation elected Maximiliane Straub to serve on the Company's Board of Directors. Straub serves as the CFO of Bosch and EVP Finance, Controlling and Administration of Bosch North America (2010 to present).

SYNNEX Corporation Appoints Retired Xerox Exec to its Board

SYNNEX, a leading IT design-to-distribution business process services company, appointed Ann Vezina to the company's Board of Directors. Vezina most recently was the Corporate VP, HR, of Xerox Business Services, a role she was promoted to in 2013.  Prior to that she was the Corporate VP and COO for Xerox Business Services, where she led the operation and growth of Enterprise BPO.  Vezina came to Xerox when it acquired Affiliated Computer Services where Vezina had been the EVP and Group President, Commercial Solutions and Services since 2006.

Teradata Announces Board Appointments         

Teradata announced the election of Timothy Chou and Dan Fishback to its board. Timothy Chou began his career at one of the original Kleiner-Perkins startups, Tandem Computers. More recently he launched a new book, Precision: Principles, Practices and Solutions for the Internet of Things.

Dan Fishback is a well-regarded executive in Silicon Valley with an extensive background in guiding technology companies that specialize in applying analytics to solve complex business problems. He currently serves on the boards of several technology companies.

Zynga Appoints Couple of Board Members with Venture Capital and Global Technology Experience     

Two new directors are joining Zynga’s Board, Carol G. Mills and Janice M. Roberts. Mills brings more than three decades of experience building global engineering teams to Zynga's Board. She currently serves as Chairman of Xactly and serves on the Board of Directors for RELX Group. Most recently, Mills served as the Interim CEO of Blue Coat Systems in late 2011. Before that, she spent nearly two years at Juniper Network, where she served as EVP and General Manager of its Infrastructure Products Group.

Roberts brings more than three decades of venture capital and technology experience to Zynga's Board. She is currently a Partner at Benhamou Global Ventures. Roberts serves on the Boards of Zebra Technologies and RealNetworks, and most recently served on the board of ARM Holdings. Prior to joining Benhamou Global Ventures, Roberts served as a Managing Director at Mayfield Fund for 13 years. Preceding her career in venture capital, Roberts held a number of executive roles in Europe and the U.S.

David DeWalt to Step Down from FireEye Board; CFO Changes Announced        

David DeWalt notified FireEye of his decision to resign as the Company's Executive Chairman and board member. DeWalt had served as a member of the Company's Board since May 2012, as the Company's CEO and Chairman of the Board from 2012 to 2016, and as the Company's Executive Chairman of the Board since 2016.

Michael Berry informed the Company of his decision to resign as EVP, CFO and COO of the Company, in order to pursue another opportunity. Frank Verdecanna, the Company's SVP of Finance and Chief Accounting Officer, was promoted and appointed as EVP and CFO. Verdecanna will also remain as the Company's Chief Accounting Officer.

HubSpot Appoints President of Atlassian Jay Simons to its Board of Directors

Inbound marketing & sales software firm HubSpot announced that Jay Simons, president of Atlassian, joined the HubSpot Board of Directors. Jay joined Atlassian in 2008 as VP of sales and marketing to lead the company's pioneering efforts to develop a high-velocity, low-touch sales model. Jay has more than 18 years of experience in the software industry. He began his career at Plumtree Software and held a variety of senior marketing and sales roles.

Gigamon Appoints Former Dell and Cisco Exec to its Board        

Gigamon appointed Dario Zamarian to its board of directors. Zamarian is a senior technology executive with broad experience in the IT industry. He has served as an Operating Advisor at The Blackstone Group since October 2013.  Prior to Blackstone, he served as Global VP and World Wide General Manager at Dell in its enterprise systems & solutions and networking business units.  Prior to Dell, Zamarian was VP and General Manager at Cisco in its security and routing divisions.

Shutterstock Announces Resignation of Jeffrey Lieberman as Director 

Jeffrey Lieberman, a director of Shutterstock notified the company that he would resign from the company's Board of Directors. Lieberman has served as a member of Shutterstock’s Board since June 2007. Lieberman is a Managing Director of the private equity and venture capital firm Insight Venture Partners, or Insight, where he has been employed since June 1998.

Former PeopleSoft CMO Joins Talend’s Board  

Talend announced that it has named Nanci Caldwell to its board of directors. Caldwell brings more than two decades of global IT and software industry experience to Talend’s board. Caldwell is the former EVP and Chief Marketing Officer of PeopleSoft. Prior she spent nearly two decades at Hewlett-Packard in increasingly senior and executive sales and marketing roles in Canada, U.S. and globally. A highly sought after corporate director, Caldwell currently sits on the boards of CIBC, Citrix, Equinix, and Donnelly Financial Solutions.

Callidus Software Announces Board Changes

Global enterprise software and SaaS company Callidus Software appointed Nina Richardson, a renowned business executive, to its board of directors. Richardson has over 30 years of experience ranging from start-up environments to multi-billion dollar corporations. Most recently, she served as the COO at GoPro. The company announced the retirement of Michele Vion Choka from its board. Michele has served on CallidusCloud’s board of directors since 2005.

Date Range: January 3rd - February 8th 2017

Read 2211 times Last modified on Monday, 19 March 2018 21:56
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

www.vell.com/

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