Ericsson Simplifies Organizational Structure; Witnesses Board and Leadership Shuffles
The company announced that Jon Fredrik Baksaas, Jan Carlson and Eric A. Elzvik were elected new Board members. It was also noted that the unions have appointed Kjell-Ake Soting, Roger Svensson and Karin Aberg employee representatives in the Board with Torbjorn Nyman, Anders Ripa and Loredana Roslund as deputies.
In line with the new business strategy, Ericsson is simplifying its organizational structure by removing the two-tiered leadership structure, Executive Leadership Team and Global Leadership Team, and forming a single Executive Team. In addition, the geographical setup with ten regions will become five market areas, and the business areas are re-defined and reduced to three.
Per Borgklint, Anders Lindblad, Jean-Philippe Poirault and Charlotta Sund will leave the executive leadership team.
Ericsson appointed Nunzio Mirtillo as head of market area South East Asia, Oceania and India.
Rafiah Ibrahim named as President and Head of the newly created Market Area Middle East and Africa. The appointment follows a review of the Ericsson's business strategy and changes to the Executive team. Ibrahim, who has led Region Middle East since July 2014, stepped into the role from April 2017 as a new member of Ericsson's Executive Team. The newly-created Market Area was formed by merging the Middle East, and Sub-Saharan Africa regions, in a move to revitalize technology and market leadership and enable customer success.
ZTE EVP Steps Down
Chinese telecommunications equipment and systems company ZTE Corporation received the resignation of EVP Zeng Xuezhong, due to personal reasons. Zeng Xuezhong has confirmed that he has no disagreement with the board of the company.
ARRIS EVP of Global Marketing and Customer Operations Retires
High-speed data, video and telephony systems provider ARRIS International announced the retirement of Ronald M. Coppock, EVP, Global Marketing and Customer Operations. Coppock joined ARRIS through Antec, one of two ARRIS International Joint Venture parent companies. As a key member of ARRIS's Executive Leadership Team, Coppock played an instrumental role in transforming ARRIS into a global leader in entertainment and communications.
InterDigital Announces Board Changes
Wireless technologies firm InterDigital announced that longtime director Robert S. Roath, 73, will retire from the Board of Directors at the end of his current term. Roath joined InterDigital's Board in May 1997. He served as CFO of RJR Nabisco before his retirement in 1997. He is a long-time senior strategic and financial executive with diversified operating experience with various global companies, including Colgate-Palmolive, General Foods, GAF and Price Waterhouse.
InterDigital appointed Joan Gillman to the company's Board. Gillman brings more than two decades of executive experience in broadcasting, advertising and marketing, most recently at Time Warner Cable. She was EVP of Time Warner Cable and President and COO of Time Warner Cable Media after Time Warner’s acquisition by Charter Communications in May 2016.
RingCentral Names New CFO and SVP of Professional Services
Clyde Hosein resigned as the company’s EVP and CFO of RingCentral, the cloud-based phone systems company. It appointed Mitesh Dhruv, the company’s current SVP, Finance and Strategy, to serve as CFO. Dhruv has served with the Company since 2012 in a variety of positions, including most recently as SVP, Finance and Strategy since 2015.
RingCentral also named Derrell James as SVP of professional services. Derrell brings more than 30 years of services experience at major technology companies and has held many senior leadership positions at various companies including Perot Systems, EMC, ACS, and most recently Avaya. At Avaya, James served as SVP of global strategic services, where he was responsible for a nearly $2 billion line of business.
8x8 Appoints New CMO
VoIP telephony services company 8x8 appointed Rani Hublou as CMO. Rani brings extensive experience successfully implementing transformative go-to-market strategies for technology companies to create new categories in hyper-growth markets. Rani most recently served as Chief Product & Marketing Officer at Comprehend Systems.
Barracuda Networks Announces Board Resignations
James J. Goetz and David R. Golob resigned from the Board of cloud connected solutions company Barracuda Networks. Goetz and Golob served nine years and eleven years on the Board, respectively, and through Sequoia Capital and Francisco Partners, respectively, were early investors in the Company.
Zachary S. Levow, Founder and CTO, also resigned from the Board. Levow will continue his employment with the Company and serve as the CTO.
Gordon Stitt retired from the Board after serving ten years as a Director, and tendered his resignation. The Board reduced the number of authorized members of the Board from ten to six directors.
Date Range: April 7th - May 25th