Sunday, 16 December 2012 14:34

Storage & Networking Exec & Board Appointments 11/12 to 12/9 2012 Featured

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Intel CEO to Retire Earlier than Expected; Successor Not Named Yet

Intel’s President and CEO Paul Otellini, 62, who has been on the job for eight years, will be retiring as an officer and director of the company in May, next year, with years to go before reaching the company's mandatory retirement age of 65. A successor has not been named yet. The company is going to consider both internal and external candidates in a transition expected to last six months.

Otellini was promoted to CEO role in 2005 from being the COO of the company. Prior to that, he served as EVP and General Manager of the then Intel Architecture Group and Sales and Marketing Group, General Manager of the Microprocessor Products Group, assistant to former Intel President Andy Grove, General Manager of Intel's Folsom Microcomputer Division and Peripheral Components Operation, beginning at Intel in 1974.

He serves on the board of Google. He is also a member of President Barack Obama's Council on Jobs and Competitiveness, and a member of Change the Equation, a CEO-led initiative to move the U.S. to the top of the pack in science and math education over the next decade.

SanDisk Appoints Former IBM Long Timer to Lead Corporate Engineering

SanDisk appointed Jeff VerHeul as SVP of the company's corporate engineering organization. VerHeul joined SanDisk from Standard Microsystems, now a part of Microchip Technology, where he was SVP of engineering. Prior to that, he held executive roles at AMD in platform solutions engineering and silicon design. VerHeul began his career at IBM where he spent 25 years in positions that included the VP of server development, VP of product development for microelectronics, and VPof engineering and technology services.

Ubiquiti Networks’ CFO Steps down

John Ritchie, CFO of broadband wireless solutions company Ubiquiti Networks, steps down. The Company has initiated a search for a new CFO and Mr. Ritchie plans to remain with the Company to ensure a seamless transition.

Leap Wireless Sees Management Overhaul

Leap Wireless, the pay-as-you-go wireless carrier, named Jerry Elliott as president and COO, six months after he joined the company as finance chief. Prior to joining Leap, Elliott served as CFO and chief administrative officer at The Weather Channel Companies. He also has significant background in wireless and telecommunications, having served as CFO and later as president of Frontier Communications, CEO at Global Signal and CFO at Virgin Media.

Perley McBride, who has served as EVP of finance at the Weather Co., will replace Elliott as CFO. Prior, McBride was the corporate VP of financial planning and analysis at Frontier Communications, and held accounting and finance positions at Sprint PCS and Citizens Communications.

Anne Liu, the Company's former VP and controller, has been appointed SVP and chief accounting officer. Ms. Liu joined Leap in 2006 and has served as VP, controller since 2008, having previously served as assistant controller. Prior to joining the Company, Ms. Liu served in a number of accounting and finance roles with Science Applications International Corporation (SAIC), including VP of finance.

Extreme Networks’ Finance Leadership Changes

Extreme Networks appointed John Kurtzweil, 56, SVP and CFO, to serve as its Principal Accounting Officer, replacing Margaret Echerd, 56, the Company's VP and Corporate Controller. Ms. Echerd will continue to serve as the Company's Vice President and Corporate Controller. CFO Mr. Kurtzweil has over 30 years of corporate finance and accounting experience. From 2006 to 2012, he served as EVP, Finance and as CFO and Treasurer of Cree. Prior to Cree, he was SVP and CFO at Cirrus Logic.

Imation Goes Through Board Changes

Storage and data security company, Imation, appointed Theodore Bunting, Jr, 53, and William LaPerch, 56, to board. Bunting is currently Group President, Utility Operations, for Entergy Corporation, an integrated energy company engaged in electric power production and retail distribution operations. Bunting has previously held numerous executive positions within Entergy Corporation and its subsidiaries, including SVP and chief accounting officer. He is also a certified public accountant.

LaPerch was CEO, President and Director of AboveNet, a leading provider of high bandwidth connectivity solutions for business and carriers. Prior to AboveNet, LaPerch held executive management positions at MCI telecommunications, a global business and residential communications company, and at NYNEX, a regional telephone holding company.

Glen A. Taylor, 71, resigned from Imation's Board of Directors. Taylor, chairman of Taylor Corporation and owner of the Minnesota Timberwolves (NBA) and Minnesota Lynx (WNBA), had been a director of Imation since 2000.

Former NetApp Chief Strategy Officer Joins Overland Storage’s Board

Unified data management and data protection solutions company, Overland Storage, has appointed Vic Mahadevan to its Board of Directors. Mr. Mahadevan was previously Chief Strategy Officer at NetApp, and has over 25 years of senior level strategic planning and marketing experience. He assumes the Board seat vacated by the resignation of Shmuel Shottan. Mahadevan also previously served as CEO of Deeya Energy, NeoEdge Networks and MaXXan Systems (now CipherMax), as well as in executive positions at iVita and at LSI Corporation, where he served as VP of marketing and oversaw all aspects of product management, outbound marketing, and business alliances.

Lantronix Adds Board Members

Lantronix, a leading global provider of device networking and remote access products, named technology industry veteran Bruce Edwards and Lantronix president and CEO Kurt Busch to the company's board of directors.

Edwards, 59, currently serves as a director of Semtech, a supplier of analog and mixed signal semiconductor products and Emulex, a premier global provider of advanced storage networking infrastructure solutions. In February 1996, he joined Powerwave Technologies, a designer, manufacturer and supplier of advance coverage and capacity solutions for the wireless communications industry, as CEO, president and a director. Prior to Powerwave, Edwards was EVP, CFO and director of AST Research.

Kurt Busch, 42, has served as Lantronix president and CEO since 2011. Prior to joining Lantronix, he served in senior leadership positions at Mindspeed Technologies, a leading supplier of semiconductor solutions for network infrastructure solutions. Prior to Mindspeed, Busch's experience included business development roles at Analog Devices, as well as roles in engineering, sales, marketing and general management at Digital Equipment Corporation (DEC), Intel, and two Silicon Valley start-ups.

Date range: November 12th - December 9th

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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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