Wednesday, 13 June 2018 08:24

Trends in Exec & Board Changes in Tech Companies Featured

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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.

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Tech Hot Topics

Apple, Microsoft, eBay, Accenture and Others Hire Execs and Board Members

Machine Learning
Artificial Intelligence
Blockchain
AR/VR
IoT
                                         Robotics
                                         eSports

 

Hot Tech Topic Exec & Board Leadership Announcements

  • 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.
  • Microsoft - Scott Guthrie will lead Cloud + AI Platform. This is all about applying AI in the business. It will include distributed computing (cloud and edge) and AI covering infrastructure, runtimes, frameworks, tools and higher-level services around perception, knowledge and cognition.
  • 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.
  • eBay has hired Jan Pedersen as VP and chief scientist, Artificial Intelligence (AI). Pedersen's most recent position was VP of data science at Twitter.
  • The world’s largest container company, Maersk and IBM Launch Digital Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains.  
  • Accenture Names Intel IoT President & Chief Engineer to Board. Venkata Murthy Renduchintala, 52, has been appointed to Accenture’s Board. Dr. Renduchintala is chief engineering officer and president of the Client and Internet of Things (IoT) Businesses and Systems Architecture group and the Technology and Manufacturing group at Intel Corporation. He is former EVP of Qualcomm Technologies and co-president of Qualcomm CDMA Technologies.
  • InfoSys appoints Tech Renaissance Exec to Board, Dr. Pradeep Kumar Khosla, Ph.D to its board. His research interests include the areas of internet-enabled distributed and compostable simulations, collaborating autonomous systems, agent-based architectures for embedded systems, software composition and reconfigurable software for real-time embedded systems, distributed robotic systems, distributed information systems and intelligent instruments for biomedical applications.
  • Mastercard Innovations Will Make Cities more Accessible, Pay Solutions for People without Banks: Mastercard announced that Miguel Gamino Jr., most recently CTO, New York City, has joined the company as EVP, global cities. Gamino will lead the scaling of urban tech solutions pioneered by Mastercard and will also integrate the payment systems company's products into municipal services around the world. In Chicago, it has helped baseball fans to come to the stadium over a long period of time. In Mexico City one can pay for buses and trains digitally. And it’s pushing payment solutions for people without bank accounts, as well as build a treasure trove of economic data.
  • Activision Blizzard Appointed Key eSports Leaders: new CMO Daniel Cherry previously chief marketing and innovation officer for the New Jersey Devils and the Prudential Center; Marc Kolin has come on board as VP of finance & strategy. Kolin comes most recently from NBC Universal, where he was responsible for all analytics, financial planning and analysis, strategic initiatives, and back-of-house accounting for Universal Studios Hollywood Theme Park in Los Angeles. And Brandon Snow has been tapped for the role of chief revenue officer. Snow was SVP of team marketing & business operations at the National Basketball Association.

 

Consumer Experience

and Disruptive

User Experience & Design

Samsung announced a Design Innovation Center to integrate disruptive user experience into product design

                                       Huawei names WonderWoman actor Gal Gadot as Chief Customer Experience Officer

                                       Microsoft, Cisco, Marvell, Electronic Arts and others name Customer Experience Chiefs and                                         /or Design Officers

 

Consumer Experience & Disruptive User Experience and Design Announcements

  • 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. 
  • WonderWoman Actress Gal Gadot, 33, is Huawei’s first Chief Experience Officer. “Ms. Gadot will have “an active role” in shaping the company’s brand experiences.” Also, Huawei made some changes in Europe to its MD, for the UK.
  • Marvell Technologies Board Member: Donna Morris, 49, EVP, Customer and Employee Experience at Adobe,
  • Electronic Arts: Patrick Soderlund, 44, will step up into the role of Chief Design Officer.

 

Data Protection

Privacy & Security

Facebook major shifts in Privacy and Security after Cambridge Analytica Scandal

Data Protection and Privacy execs at Salesforce, 2U, SITO Mobile & Others

                               Akamai, LogMeIn, GetSwift and Others add Privacy and Security Execs to their Boards 

 

Security, Data Protection and Privacy Exec Announcements

  • Facebook's CISO Alex Stamos left the company after internal disagreements over how the company should handle its role in spreading disinformation.
  • CTO Mike Schroepfer, 43, is in charge of Privacy and Data Security (with GDPR experts). 
  • Mastercard appointed Caroline Louveaux to be chief privacy officer, operating from the company's offices in Brussels. In her new post Louveaux will report to JoAnn Stonier, who was chief privacy officer until Mastercard named her as its first chief data officer in February. Louveaux's team will work on data innovation and ensuring that privacy is embedded in all solutions that collect, use and share personal information.
  • Axiata Group Berhad: The Telecom Services provider announced Abid Abdul Adam as Group CISO. He will also take up the role of Group head of privacy, given the increasingly critical nature of data privacy and protection.
  • 2U Katie Race Brin as its new chief privacy officer (CPO). Brin most recently served as CPO for the Federal Trade Commission (FTC).
  • SITO Mobile - Gabriel Sandoval has been named Chief Data Protection Officer. Mr. Sandoval is an experienced technology legal and business executive, having overseen legal counsel at Oracle, Ariba, and most recently at Deem Inc. where he served as their Chief Legal Officer.
  • AppsFlyer appointed Guy Flechter as its Data Protection Officer. Guy was hired recently as CISO.

 

Security and Privacy Execs on Boards

  • 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.
  • GetSwift’s new Chairman us Michael Fricklas. Mr. Fricklas is the Chief Legal Officer, Advance Publications, and was General Counsel, Viacom. He created Viacom's cybersecurity governance program as well as initiated and managed privacy and antipiracy operations. 
  • NETSHIELD Corporation New Board Member is Renee Guttmann, CISO and senior Security & Risk roles at Time-Warner, Coca-Cola, Royal Caribbean Cruise Lines, and Optiv.

 

Mammoth Company

Leadership Changes

Apple focuses on Machine Learning /AI and Music
Amazon hires NBC Chief for Studios
Terry Myerson's departure from Microsoft causes a ripple effect
Google has a new AI Chief and Alphabet parent witnesses some board/ exec changes
Facebook's major changes in the after-math of the Cambridge-Analytica Scandal
                                      Netflix's board appointments generate fury
                               Intel elects African American woman powerhouse to Board and hires CPU Guru from Tesla 
                     Cisco names board member from Adobe, hires go to execs from IBM and Microsoft.
                                           Oracle increases board size by two to 14.
                                               and others

 

Mammoth Company Leadership Changes

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.

 

Big Reorg at Microsoft after Terry Myerson Departure - Focus on AI, Azure and Devices

  • Terry Myerson, 45, EVP. Windows and devices business, will be leaving the company amid a major management reshuffle that increases the company’s focus on its cloud products. The software giant elevated the role of Rajesh Jha 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.
  • Scott Guthrie will lead Cloud + AI Platform. This is all about applying AI in the business. It will include distributed computing (cloud and edge) and AI covering infrastructure, run-times, frameworks, tools and higher-level services around perception, knowledge and cognition.
  • Jason Zander is now EVP of Azure, promoted from SVP. Harry Shum stays on in his role leading AI + Research.
  • Newly acquired company Chalkup's CEO Justin Chando joins the Microsoft Education team to help integrate classroom collaboration features.

 

Google & Alphabet

Google Announces New Leaders for the AI and Search Roles. Google had announced that John Giannandrea, its SVP of Engineering in charge of search and artificial intelligence, was stepping down, to join Apple. Google appointed veteran programmer Jeff Dean, 50, as the new head of the company's artificial intelligence unit, while Ben Gomes, who joined Google in 2000, will head Search unit.

Alphabet New Chairman, Board Retirement & New CEO for Access

  • Alphabet appointed John L. Hennessy, 65, to serve as Chair of Alphabet’s Board. Mr. Hennessy has served as a member of the Board since April 2004 and Lead Independent Director since April 2007. Former Google CEO Eric Schmidt, 61, said in late December that he would step down as executive chairman. Schmidt, who was Alphabet’s chairman for 17 years, is still a member of the company’s board. 
  • Academician and leader in the field of molecular biology Shirley M. Tilghman, 71, announced her retirement from the Alphabet Board. Tilghman has served as a member of the Board since October 2005.
  • Alphabet has named Dinesh Jain, 53, formerly Time Warner Cable COO, to head up the company's Access business, which runs the Fiber and internet service provider Webpass.

 

The Facebook Leadership Shuffle after the Cambridge Analytica Scandal
For more details, please see our detailed blog post

Facebook Board changes - Jan Koum, 41, CEO of WhatsApp stepped down from the board over significant disagreements over privacy issues. The company hired heavyweight and Senior Obama Adviser, Jeff Zients, 51. Earlier this year, the company also hired its first non-white director, former American Express CEO, Ken Chenault, 66. 
CISO - Facebook's CISO Alex Stamos left the company after internal disagreements over how the company should handle its role in spreading disinformation.

Engineering Changes: In addition to focusing on experts in Privacy, Security and GDPR (Data Privacy), the company is making forays into the future with emphasis on technologies such as Blockchain, Artificial Intelligence and Augmented/Virtual Reality. No one is leaving Facebook in the engineering re-organization. Under the new structure, the company is organized into three product areas reporting to the CEO:

  1. Product area one - Family of Apps led by Chief Product Officer Chris Cox, 36, leads the base platform, messenger, WhatsApp and Instagram.
  2. Product area two - New Platforms and Infrastructure led by CTO Mike Schroepfer, 43, is in charge of Privacy and Data Security (with GDPR experts) and also leads the company’s initiatives into Artificial Intelligence, Augmented and Virtual Reality and Blockchain.
  3. Product area three: Central Product Services led by VP of Growth Javier Olivan, 40.

Communications Team changes: Caryn Marooney is handing over day to day operations of Facebook communications to PR veteran x-uber and x-google exec Rachel Whetstone, 50. Facebook 's Saurabh Doshi has been promoted to the position of Head of Entertainment Partnerships, Facebook- Asia Pacific. Doshi was previously the Head of Videos and Media Partnerships- India and South Asia.

 

Netflix Generates Fury with Board Appointments

  • Ambassador Susan E. Rice, 53, a former U.S. National Security Advisor and Ambassador to the United Nations joins the Netflix board.  The news prompted fury from conservatives who allege that Susan right misled the public in 2012 attacks in Benghazi, Libya.  
  • Rodolphe Belmer, 48, former CEO, Eutelsat and Canal +Group, former McKinsey and P&G.

 

Samsung LaunchesThe Samsung Design Innovation Center (SDIC)

SDIC, a design lab dedicated to the integration of disruptive user-experiences to product design will be led by Dr. Federico Casalegno, an associate professor of the practice at the Massachusetts Institute of Technology (MIT), as well as founder and executive director of the MIT Design Lab and founder of the MIT Mobile Experience Lab, as the head of the new center. 

 

Intel Elects African American Woman Powerhouse to Board & Hires CPU Guru from Tesla 

Intel’s Board of Director Changes

  • Intel elected Dr. Risa J. Lavizzo-Mourey, 63, as board member. She has served as the Robert Wood Johnson Foundation from 2003 to 2017. which has an endowment of about $8 billion and distributes more than $400 million a year. She was named one of the top 100 most powerful women several times by Forbes. She serves on the boards of GE and Hess Corporation.
  • David S. Pottruck, 70, former CEO, Charles Schwab, is leaving the board.

Intel’s Executive Changes

  • Intel announced that CPU design guru Jim Keller, 59, will join Intel as a SVP. He will lead the company’s silicon engineering, which encompasses system-on-chip (SoC) development and integration. He joins Intel from Tesla, where he most recently served as VP of Autopilot and Low Voltage Hardware.
  • Intel also promoted four corporate officers. The company announced promotion of Leslie S. Culbertson to EVP and GM, Intel Product Assurance and Security Group from CHRO. Dr. Ann B. Kelleher was promoted to SVP, Intel’s Technology Manufacturing Group. Dr. Michael Mayberry was promoted to SVP and Intel’s CTO and is also MD, Intel Labs. . Matthew M. Smith was promoted to SVP and CHRO. 

 

Cisco Appoints Board Changes & New Go to Market Appointments

  • Cisco Systems appointed Mark Garrett, 59, former Adobe CFO, to its board. Garrett currently serves on the board of GoDaddy and Pure Storage.
  • Amy L. Chang, CEO and Founder of Accompany, acquired by Cisco, resigned. Amy Chang is named SVP, Collaboration Technology Group. She is replacing Rowan Trollope, who is leaving Cisco to become CEO at another company effective May 3, 2018.
  • Cisco announced hired Gerri Elliott, 61,as EVP and chief sales and marketing officer. She held roles at IBM, Microsoft and Juniper, as well as various public board positions. Chris Dedicoat, 60, EVP of Worldwide Sales and Field Operations, will move into a senior advisory role, taking on a number of strategic initiatives for Cisco Chairman and CEO Chuck Robbins.
  • 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. 
  • After three years at the helm of Cisco Japan, Miyuki Suzuki, has been promoted to president for Asia Pacific & Japan. 

 

Mastercard Innovations with Cities' New EVP is xCTO of NYCC

Mastercard announced that Miguel Gamino Jr., most recently CTO, New York City, has joined the company as EVP, global cities. Gamino will lead the scaling of urban tech solutions pioneered by Mastercard and will also integrate the payment systems company's products into municipal services around the world. In Chicago, it has helped baseball fans to come to the stadium over a long period of time. In Mexico City one can pay for buses and trains digitally. And it’s pushing payment solutions for people without bank accounts, as well as build a treasure trove of economic data.

 

Oracle increases Board Members to 14; Elects Two

  • Charles (Wick) Moorman IV, 66, former Amtrak CEO
  • William G. Parrett, 72, former CEO of Deloitte Touche Tohmatsu.

 

Comcast hires new Consumer Services Head & Hires Lobbyist to Head Fed Relations

Comcast appointed Ms. Dana Strong, 47, as President of Consumer Services. Strong joins Comcast from Virgin Media, a fully owned subsidiary of Liberty Global, where she served as President and COO.

Comcast hired Lobbyist and former Disney exec, Mitch Rose as SVP of Congressional and Federal Government Affairs. He succeeds Melissa Maxfield, 49, who is transitioning to a new role. The company also announced expanded roles for Comcast VPs Lindsey Dickinson and Sam Lancaster in order to more effectively deal with the White House and Congress. 

 

IBM announced that CFO Martin J. Schroeter, 53, is now SVP, Global Markets, responsible for IBM's revenue generation, profit and client satisfaction worldwide. James J. Kavanaugh, 50, is promoted to SVP and CFO. 

 

SAP Announces Promotions

  • Ms, Hala Zeine to President of Digital Supply Chain and manufacturing. 
  • President of SAP Ariba, Alex Atzberger was named president of SAP Hybris. 
  • Hybris co-founder and President Carsten Thoma is stepping down from his position to return to his entrepreneurial roots. 
  • Barry Padgett, former CPO & President, SMP of acquired company Concur, is named President SAP, Ariba. 

 

Adobe Names Eli Lilly’s Chair & CEO to Board; Appoints New CFO

  • Adobe appointed David “Dave” A. Ricks, 49, to its board. Ricks currently serves as CEO of Eli Lilly and Company and became chairman in June 2017. 
  • John F. Murphy, 48, Chief Accounting Officer and Corporate Controller was named EVP and CFO of Adobe Systems. Mr. Murphy will assume the role from Mark Garrett, 59, who is retiring. 
  • Mike Dillon, 58, EVP and general counsel, intends to retire in 2018. 

 

The Big Re-Organizations

Vantiv Acquires WorldPay
Chairman, Lead Director, CEO, and other board changes

Akamai Works with Activist Investor Elliott Management

F5 Networks Hires Heavyweight Management Team from Concur/SAP, Microsoft, McKinsey, CloudPassage/SAP and McAfee

                                             Micro Focus CEO, CFO, CHRO Changes as Lower Revenue Growth Projected.

                                             Nuance Communications CEO Succession results in Board and Exec Changes.

                                             Infosys Aftermath after Whistleblower Complaint to Indian and US SEC.

                                            Sprint Corp and T-Mobile US Merger Results in Multiple Board & Exec Changes.

                              BT Group Radical Changes to Improve Bottom Line.

                               Ericsson’s Activist Investor Cevian Drives Changes.

                        Uber Reaches Deal with Softbank; Many Hires

                           Qualcomm Drama - Exec. Chairman and former CEO Paul Jacobs Ousted From Board as He Chased Broadcom bid & Names New Chairman.

                                            Vodafone surprised everyone with the planned CEO succession in October. 

 

The Big Re-Orgs

Vantiv Acquires Worldpay: Resulting Chairman, CEO and Board Changes

  • Vantiv’s CEO Charles Drucker, 54, was appointed Exec Chair. 
  • Worldpay Chair Sir Michael Rake, 70, is now lead director.
  • Vanviv CEO Charles Drucker and WorldPay CEO Philip Jansen were appointed Co-CEOs of the company. 
  • Worldpay directors joinng Vantiv’s board: Worldpay CEO Philip Jansen, 50, former WorldPay (UK) CEO Rohinton Kalifa, 56, and former Epiphany CEO Karen Richardson, 54.
  • Resigning from the Worldpay & Vantiv's board: xCEO f Quantifind David Karnstedt, 51, x Oracle CIO Mark Sunday, 62 . Former CameoWorks CEO Deanna Oppenheimer, 59 Deanna Oppenheimer who was initially appointed to the board, resigned due to an appointment as Chair of Hargreaves Lansdown plc.

 

Akamai works with Activist Investor Elliott Management

Akamai Technologies (AKAM) intensified its stock buyback plan and collaborates with activist investor Elliott Management to improve company operating margins. 

  • Akamai Chairman Succession: Chairman and former Akamai CEO George Conrades, 79 is retiring. Frederic V. Salerno, 73, current Lead Director was named Chairman. He is the former Vice Chairman and CFO at Verizon. 
  • Joining Akamai’s board: Tom Killalea, 49, Amazon’s CISO, as security is seen as a key to Akamai’s strategic direction. William R. Wagner, 50, xCEO of LogMeIn. 
  • Akamai Executive Appointments: Fari Ebrahimi, 56, SVP and CIO. He was most recently SVP and Global CIO of Avaya. Scott Lovett as SVP, Global Web Sales. He joins from McAfee, where he served as EVP of Global Sales and Operations.

 

F5 Networks Hires Heavyweight Management Team

  • From Concur and SAP: Frank Pelzer, 47 as EVP & CFO
  • From Microsoft: Ana White as EVP & CHRO
  • From McKinsey, Kara Sprague, as SVP, GM of Application Delivery Controller (ADC)
  • From CloudPassage and xHP, Ram Krishnan as SVP, GM of Security 
  • From McAfee: Tom Fountain as the EVP and Chief Strategy Officer, and also has M&A responsibility.

 

Micro Focus's Lower Revenue Growth Drives Major Exec Changes

Micro Focus CEO Chris Hsu has left the software vendor as the company said it was projecting lower revenue growth for its fiscal year following its $8.8 billion spin-merger with Hewlett Packard Enterprise's software assets last year. 

  • Chris Hsu steps down immediately as CEO after lower revenue projections. Hsu, named CEO of U.K.-based Micro Focus in January 2017, assumed the role following the closure of merger with the software division of HPE. He came to Micro Focus from HPE, where he managed the vendor's enterprise software business.
  • Stephen Murdoch, currently the COO, becomes CEO and rejoins the board with immediate effect.
  • Mike Phillips, currently CFO, will be moving to the new role of Director of M&A and steps down from the board. 
  • Chris Kennedy is the new CFO, joining from ARM.
  • Ian Fraser joins as CHRO from RELX Group.

 

Nuance Communications CEO Succession, Board and Exec Changes

  • CEO Succession: Mark Benjamin, 46, is the new CEO, formerly President & COO, NCR Corp. succeeding CEO since 2000, Paul Ricci, 61, who is retiring
  • Leaving the Nuance Board - William H. Janeway, 75, is retiring from the board. He was Partner, Warburg Pincus and has served on several boards.
  • Joining the Nuance Board: Sanjay Vaswani, Managing Partner of the Center for Corporate Innovation and former McKinsey and Intel
  • New Executive: Al Monserrat, former CEO of RES Software as EVP and GM, Imaging.

 

Infosys Aftermath after Whistleblower Complaint to Indian and US SEC

Infosys xCEO Vishal Sikka, 50, a former SAP executive, had wanted to transform Infosys into software plus services company; as a result Skikka made two acquisitions, which eventually resulted in a $90m write-down. Allegations of wrongdoing in the deals, including questions about the exiting CFO's severance package led to CEO Skiika's exit as well as that of Chairman R Seshasayee, 69 in 2017.

Co-founder Nandan Nilekani was appointed as non-executive chairman and U. B. Pravin Rao, 55, iCEO.

Nilekani found no wrong-doing and picked Salil Parekh, 53 a former executive of Capgemini as CEO, starting in January 2018. Rao, iCEO was appointed COO and board member.

Then, a whistleblower letter came in and claimed that “board and the management led by R. Seshasayee and Ravi Venkatesan had not only defended the acquisition but also gave a clean chit to the erstwhile CEO and publicly said that they had not found anything wrong with the acquisition”. Former Microsoft India Chairman Ravi Venkatesan steps off the board it the first exit from the company’s board since co-founder and chairman Nandan Nilekani took over at the helm last August.

Ms. Kiran Mazumdar-Shaw, 65, billionaire biotech entrepreneur, Chair and MD, Biocon, is promoted to Lead Director.

Rajesh K. Murthy, President, resigned and joined CMA CGM S.A., French container transportation and shipping company.

 

Sprint Corp and T-Mobile US Merger Lead to Many Changes

Deutsche Telekom is reinforcing its business in the United States: its subsidirary T-Mobile US Inc. and Sprint Corp. will merge in an all-stock transaction. According to the agreement, Deutsche Telekom will be able to appoint nine of the 14 members of the Board of Directors, of whom a minimum of two must be independent, Group-external representatives. 

  • Deutsche Telekom CEO Timotheus Höttges, 55, is also set to be appointed Chairman of the Board of the new much larger T-Mobile
  • John Legere, 59, President T-Mobile US is named CEO and board member
  • A second T-Mobile executive, COO Michael Sievert, will be president. He was appointed to the T-Mobile board in February.

Deutsche Telekom will be able to appoint nine of the 14 members of the Board of Directors, of whom a minimum of two must be independent, Group-external representatives.

  • Sprint CEO Marcelo Claure, 47, will be a director of the new company. Claure will also assume new roles at SoftBank, including COO at SoftBank Group and CEO at SoftBank Group International.
  • SoftBank CEO and Sprint Chairman Masayoshi Son, 60, will become a director of the merged companies.

We expect to hear more announcements in the combined entity as the merger goes through both for the board and exec leadership teams. 

Sprint re-organization for the Merger Execution: Earlier this year, Sprint had a new President and CFO – Sprint hired COO of Altice Michel Combes and replaced CFO Tarek Robbiati, who left Sprint. As of May 2, 2018, Michel Combes was named CEO and Marcelo Claude Executive Chairman, to ensure a successful closing of the T-Mobile deal. Spring is looking for a CFO. 

 

BT Group Making Radical Changes to Improve Bottom Line

In addition to laying off 13,000 employees in managerial and back office jobs, BT says it will hire about 6,000 new engineers and front-line customer service staff to support its roll-out of fibre and 5G mobile networks.

Stepping down from BT’s board

  • Karen Richardson, 54, former CEO Epiphany and SilverLake Partners
  • Tony Ball, 62 British television executive, former chairman of Kabel Deutschland and former CEO of BSkyB

Exec changes at BT 

  • BT Group hired BCG exec Michael Sherman to the newly created role of Chief Strategy and Transformation Officer. 
  • Sabine Chalmers, the former Anheuser-Busch InBev executive, joins as General Counsel.
  • Gerry McQuade will lead BT Enterprise in the UK and Ireland. McQuade’s former role was CEO of the Wholesale and Ventures business.
  • Graham Sutherland, 63. CEO of BT Business and Public Sector is leaving BT Group.

 

Ericsson’s Activist Investor Cevian Drives Board & Exec Changes

Ericsson has made sweeping cost cuts and replaced much of its top management to try to turn around a business hit by competition from China’s Huawei and Finland’s Nokia, falling spending by telecoms operators and the hangover from a failed plan to diversify.

New board member & Chairman: Ronnie Leten, 61, former CEO, Altas Copco, and Chairman at Electrolux. Leten favors decentralization, clear accountability, and simplification. 

Joining the board: Kurt Jofs, 59, x CEO, Atlas Copco and Ericsson exec.

Resigning from the board: Chair Leif Johansson, 66. xCEO google, Kristin Skogen Lund, 51, Managing Director of a Norwegian Lobbying group for enterprises, and former Google exec & entrepreneur Ms. Sukhinder Singh Cassidy, 58, CEO and Chairman of JOYUS, and founder of Joyus, Yodlee and theBoardList. 

Exec Changes:

  • Xavier Dedullen, 53, SVP, Chief Legal Officer and Head of Legal Affairs & Compliance. Dedullen comes from LafargeHolcim based in Switzerland. 
  • Mckinsey Partner, Asa Tamsons joins as SVP and head of Business Area Emerging Business. 

 

Uber Reaches Deal with Softbank; and EMEA Hires

A group of investors led by SoftBank Group closed a deal with Uber Technologies on January 18, 2018.

Two board members were appointed:

  • Rajeev Misra, 56 CEO, SoftBank's Vision Fund; he is a former UBS and Deutsche Bank Executive. 
  • Marcelo Claure, Sprint president and CEO 

New Uber Execs:
Orbitz CEO Barney Harford, 45, started as the new COO of the ride-hailing company. 
Amazon's Alexa shopping chief Assaf Ronen as SVP and Head of Product.
Bo Young Lee as its first chief diversity and inclusion officer from the Marsh LLC financial services and insurance advisory firm. 

European Exec Changes:
Amazon’s Director of Electronics Jamie Heywood as Uber’s regional GM, northern and eastern Europe. 
Uber Eats has appointed Rodrigo Arevalo as GM, Europe, Middle East and Africa. Arevalo has replaced Jambu Palaniappan. He has also worked with Endeavor, Linio Mexico, Rocket Internet and many other companies.

New UK Board Members:
Susan Hooper, non-exec board member at Department for Exiting the European Union (DExEU) She has also worked with SC Johnson,  Royal Caribbean, PepsiCo, McKinsey & Co, Saatchi & Saatchi and Wrangler Jeans.
Roger Parr, former CEO of Clear Channel 

Asia Pac: Amit Jain, who leads the India business of the Uber Technologies, has been tasked with heading its entire Asia Pacific business.

 

Qualcomm Drama -

Exec. Chairman and xCEO Paul Jacobs Ousted From Board as He Chased Broadcom bid & Names New Chairman

President Donald Trump blocked Broadcom Ltd.’s $117 billion hostile bid for Qualcomm, reflecting officials’ concerns about an intensifying arms race between the U.S. and China over advanced technologies. Dr. Paul Jacobs, 54, co-founder & former CEO was initially replaced as Executive Chairman, after shareholder complaints about his pay and confusion between the Chairman and CEO roles. Jeffrey W. Henderson, 52, former CFO, Cardinal Health, an independent Qualcomm director since 2016, was named to serve as Non-Executive Chairman. At the company’s annual meeting in March, Paul Jacobs, wasn’t nominated to stand for re-election after a dispute with other board members over his desire to make a bid for the company.

 

Vodafone Surprise CEO Succession & Board Changes

Dr. Mathias Döpfner, 54, CEO and Chairman of German media group, Axel Springer SE steps down from the board to focus on Axel Springer. Joining the board is Michel Demare, 61, former CFO of ABB, and currently Vice Chairman at UBS. 

Vittorio Colao, 56, departure as Vodafone Group CEO, after ten years at the helm, was a surprise to just about everybody, not least investors, as the drop in the company’s share price in the aftermath of the announcement testifies. Vittorio Colao will be succeeded by group CFO, former UK CEO and former CEO of Africa and Asia Pac, Nick Read, 52.

Deputy CFO Margherita Della Valle, 51, will succeed Nick Read as group CFO and will join the board. All changes effective 1 October 2018.

 

Vell Executive Search Representative Placements

Board Members

Board Member, $50m Security Software, West Coast
Fleetmatics (FLTX), Fleet Management Software (SaaS)  - Board member (4)
Carbonite (CARB), Online Backup for SMB (SaaS) - Board Members (2) 
LogMeIn (LOGM), SaaS & IoT Software  - Board members  (2)

CEOs/ Presidents/ GM
COO, Digital Media Co.
CEO, Unified Communication
CEO, $10m Software for media
President, $1.4b BPO business
Chairman & CEO  - Application Software company (West Coast)

CTOs/ Engineering/ CIOs/CISOs
Chief Digital Officer, Agero, $1b Connected Car Company
CTO, $5b market cap Payment tech company
CTO, $70m EdTech SaaS Co.
CIO, $2b Media company (NYC)
CIO & CISO, Secure Document Software Company (West coast)
CTO & CPO, $100m Mortgage Software company
CTO, Security Software company (West Coast)
CISO, $5b Tech Company

CFOs
CFO, West coast tech company
CFO, Quantum Computing Company
CFO , $1b Media Company
CFO, digital media Company

Sales
SVP Sales, $22m Enterpise Software Co.
SVP Sales & Services, $70m EdTech SaaS Co.
EVP Sales, Marketing & BD, $500m Unified Communications Co.
VP, North America (now SVP Sales), $60m SaaS to Retail Industry

Marketing
CMO, SaaS Software Company
VP, Marketing, $50m software company
VP, Marketing & BD, Software company
CMO, $50m Services Company

Product Management
CPO, HCIT Healthcare SaaS (Division of large co.)
VP Product Management, $120m SaaS Co.     
VP & GM, Transportation and Logistics Software (SaaS, large public co.)
VP & GM, SMB (SaaS, large public co.)

 

About Vell Executive Search

Founded in 2005 by a team of Heidrick & Struggles veterans, Vell Executive Search is a retained executive search firm focused on recruiting technology executives and board members. We not only have deep technology search experience but also experience as technology executives.

Why Clients Chose Us

  • Deep tech industry retained search experience
  • More dedicated time as consultants have few parallel projects.
  • Thorough understanding of your company’s business and culture.
  • Behavioral interviews and competency scorecards.
  • Constant two-way, direct communication and 24 /7 availability.
  • Insightful and detailed reference checking. 
  • Broad reach of candidates: no hidden relationships. No off-limits.
  • Analytics based search process.

 

Contact Us

Vell Executive Search

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Read 724 times Last modified on Friday, 15 June 2018 04:28
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.

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