Sunday, 24 March 2013 14:50

New Chairman & Board Changes 2/23 to 3/22 2013 Featured

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GE Board Nominates Former SEC Chair to Board

General Electric has nominated Mary Schapiro, 57, former chairman of the U.S. Securities and Exchange Commission (SEC), as a GE director. Prior to becoming SEC chairman, Schapiro served as CEO of the Financial Industry Regulatory Authority (FINRA), president, vice-chair and chair of the National Association of Securities Dealers (NASD) Regulation. She served as a commissioner of the SEC before that, and left the SEC when appointed chairman of the CFTC.

Facebook Appoints Second Female Board Member

Facebook appointed Susan Desmond-Hellmann, M.D., M.P.H., 51, chancellor of the University of California, San Francisco (UCSF), to the company's board of directors. She previously served as president, product development at the biotechnology pioneer, Genentech. During her 14 years with the company, Desmond-Hellmann brought numerous cutting-edge cancer medicines to market to help people battle the disease. She completed her clinical training at UCSF and is board-certified in internal medicine and medical oncology.  During her training at UCSF, she spent two years as a visiting faculty member at the Uganda Cancer Institute, studying HIV/AIDS and cancer. Desmond-Hellmann is on the board of directors for Procter & Gamble, and she also serves as a trustee for the Howard Hughes Medical Institute, a non-profit medical research organization.

Level 3 Communications Appoints Investment Expert to Board

Level 3 Communications appointed Peter van Oppen, 59, to its board of directors. Oppen has been a partner at Trilogy Partnership, a private investment firm focused on technology and telecommunications, since 2006. Prior to joining Trilogy, he served as CEO and chairman of the board for Advanced Digital Information Corporation (ADIC), a data storage company, for twelve years, from 1994 through its acquisition by Quantum in 2006. Prior to ADIC, he served as the Chairman, President and CEO of Interpoint from 1985 to 1996 and served as its COO from 1987 to 1989 and EVP of Finance and Operations from 1985 to 1987. He was an Initial Investor in Voicestream and Western Wireless (WWCA). Prior to 1985, he served as a Management Consultant at Price Waterhouse and Bain & Company.

E*TRADE to Name New Chairman

E*TRADE named appoint Rodger A. Lawson, 66, as Chairman to replace Frank J. Petrilli, 61. Mr. Lawson, who was appointed to the E*TRADE Board of Directors in 2012, brings over 30 years of experience in the financial services industry, having most recently served as President of Fidelity Investments. Mr. Lawson also served as Lead Independent Director, during which time Mr. Petrilli was Chairman and Interim CEO of the Company. Prior to joining Fidelity, he served in several senior executive roles with Prudential Financial, including Vice Chairman. He has held numerous other executive positions in financial services, including President and CEO of Van Eck Global, and Managing Director and Partner of Bankers Trust Company and CEO of the Private Bank and Global Mutual Funds. Previously, he was President and CEO of Fidelity Investments Retail Group, and CEO of the Dreyfus Service Corporation.

Petrilli, who has served as Chairman since 2012 and also as Interim CEO of the Company from 2012 through January 2013, advised the Board that he does not wish to stand for re-election.

Intel CIO Joins as Director of Riverbed Technology

Riverbed Technology named Kimberly Stevenson to its board of directors. She currently serves as VP and CIO of Intel where she is responsible for the corporate-wide use of IT. Previously, Stevenson was VP and general manager of Intel's Global IT Operations and Services where she led both the strategic and tactical support of Intel's world-wide infrastructure components, including data centers, network and telecommunications, enterprise application support, client computing, and a 24/7 internal service desk. Prior to joining Intel, Stevenson spent seven years at the former EDS, now HP Enterprise Services, holding a variety of positions, including VP of Worldwide Communications, Media and Entertainment (CM&E) Industry Practice, and VP of Enterprise Service Management. Before joining EDS, Stevenson spent 18 years at IBM holding several executive positions, including VP of Marketing and Operations of the eServer iSeries division.

AMD Appoints Legal Eagle Board

AMD appointed Martin Edelman to the company’s board of directors as a representative of West Coast Hitech, an affiliate of Mubadala Development Company and AMD’s largest stockholder. Edelman’s appointment follows the resignation of Waleed al Muhairi after four years of service on the AMD Board. Edelman currently serves as Of Counsel, Real Estate Department for the law firm Paul, Hastings, Janofsky & Walker, a New York City law firm where he is responsible for real estate transactions as well as corporate mergers and acquisitions. He serves as a member of the board of directors at Avis Budget Group, Ashford Hospitality Trust and Capital Trust. Edelman is also a senior advisor to Mubadala Development Company, a strategic investment and development company headquartered in Abu Dhabi. He brings an extensive legal background to the board, with more than 40 years of experience in the legal profession. He also holds a number of board positions for charitable organizations including Manchester City Football Club Charitable, The Intrepid Museum Foundation, Intrepid Fallen Heroes Fund, Fisher House Foundation, Tribeca Film Institute, Jackie Robinson Foundation and the Fisher Center for Alzheimer’s Research Foundation.

Separately, Craig A. Conway, a member of the company’s board of directors since 2009, has decided to not stand for re-election, in order to focus on his other business and personal interests.

VeriFone Systems Director Takes up Interim Chair Role

Douglas G. Bergeron, 51, is stepping down as CEO and member of the Board of e-payment solutions firm VeriFone Systems. VeriFone's Chairman, Richard McGinn, 66, has been named Interim CEO and continues as a member of the Board; Dr. Leslie Denend, 71, a director of VeriFone since 2005, has been named Interim Chairman. Dr. Denend was President of Network Associates, President and CEO of Network General Corporation and Chairman, President and CEO of Vitalink Communications until its acquisition by Network Systems. He was EVP at 3Com and a partner in McKinsey and Company.

Saba Software Separates Chair & CEO Roles; Dissolves Lead Director Position

Saba announced a leadership transition under which Bobby Yazdani, 48, will step down as Chairman, CEO and Director. Bobby Yazdani founded Saba in 1997. From 1988 until founding Saba, he served in various positions at Oracle, most recently as Senior Director.

Saba has separated the roles of Chairman of the Board and CEO and appointed independent director Bill Russell, 60, to the position of non-executive Chairman. The Board is dissolving the role of lead independent director. From 1980 to 2003, Mr. Russell served in a number of executive management roles in a 23-year career at Hewlett-Packard, including the leadership of HP’s Enterprise Systems Group, its Software Solutions Group, and it’s Global Alliances Organization.

Vitesse Adds To Board

Networking chip maker Vitesse Semiconductor has added two directors, Matthew Frey and Kenneth H. Traub, to its board. William LaRosa and G. Grant Lyon stepped down from the board. Frey is CEO of Optimum Energy, a provider of energy management applications for complex buildings, data centers, campuses, hospitals and manufacturing facilities. He has experience in senior executive and advisory roles at technology companies.

Traub is CEO at Ethos Management, a private investment and consulting firm in New Jersey. He has more than 20 years in senior management, corporate governance, turnaround, and transaction experience with various public and private companies. Traub also serves on the boards of MRV Communications, a Chatsworth optical network and Ethernet communications company, and Tix, a Studio City operator of discount ticket kiosks in Las Vegas.

Mobile Integrated Systems Sees Board Change

Donald Ziraldo has resigned as board member of Mobile Integrated Systems, a technology company focused on developing and deploying interactive and mobile products and transaction systems. Ziraldo was a founding partner in Inniskillin in 1975, a company dedicated to producing high quality, estate-bottled wines. Ziraldo's many board and advisory positions include Shaftesbury Films, Vintners’ Quality Alliance, The International Wine Institute, Zerofootprint, Vincor International, the Shaw Festival, and in 2006 the Ministry of Agriculture, Food and Rural Affairs appointed him as Chairman of the Vineland Research & Innovation Center.

Intuit Big Data Leader Joins Coinstar’s Board

Coinstar, the provider of automated retail solutions, has appointed Nora M. Denzel, 50, to the company’s board. Denzel most recently served as SVP of big data, marketing and social at Intuit, where she led the company's data strategy. She also served as SVP and general manager of the company's employee management solutions business unit when she joined Intuit in 2008. Previously, Denzel served as SVP of the software global business unit and the storage and consulting divisions at HP. Denzel has also worked as a SVP, product operations at Legato Systems and as director, global storage software at IBM. She currently serves as a member of the board of Saba Software and Overland Storage.

HealthGrades Founder Joins WorldOne Board

WorldOne, a leader in healthcare insights and intelligence, named HealthGrades founder, Chairman of the Board, and former CEO, Kerry Hicks, to its Board of Directors. Since launching HealthGrades in 1998, Hicks led the publicly traded company through eleven years of growth, and then facilitated the sale of the business to Vestar Capital Partners for $295 million in 2010. Under Hicks' leadership, HealthGrades transformed into the premier destination for consumers seeking information on doctors and hospitals, growing to nearly one million daily visitors across its online properties. Mr. Hicks built HealthGrades from a predecessor company, Specialty Care Network, where he served as President and CEO from 1995 to 1998.

Former RedHat and Sybase Exec Joins UK Web Host ControlCircle as Chairman

The hosting, managed IT services & datacentre services provider ControlCircle named Colin Tenwick as chairman of the board. Tenwick brings significant experience to ControlCircle from successful tenures at companies such as AVG, StepStone ASA, Red Hat, Sybase and Ingres. He is currently the CEO of online booking, reservations and digital marketing company Livebookings, as well as the non executive director of the board at AVG.  His previous positions include European VP and General Manager for RedHat, European VP and General Manager for Sybase and Director of International Business at Ingres.

Former CFO of Motorola and Dell Joins Board of Cloud Connectivity Provider

Cloud connectivity provider Macheen has tapped high technology veteran Tom Meredith, the former CFO of Motorola, former Managing Director of Dell Ventures, and CFO of Dell, to its board.

Date Range: February 24th - March 22nd

Read 2665 times Last modified on Wednesday, 17 April 2013 06:44
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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