Monday, 27 May 2013 04:01

Software Exec & Board Changes 4/12 to 5/24 2013 Featured

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Microsoft Names New CFO From Within Ranks; Appoints APAC Regional Leader

Microsoft has named Amy Hood, 41 as its first woman CFO, replacing Peter Klein, 49, who will be leaving the company. Hood joined Microsoft in 2002 and currently serves as CFO of Microsoft's Business Division (MBD), overseeing all financial strategy, management and reporting. During her time as CFO of MBD, Hood was also deeply involved in the strategy development and overall execution of the company's successful acquisitions of Skype and Yammer. Previously, Hood served as chief of staff in the Server and Tools group, then ran the strategy and business development team in MBD before becoming CFO of the division in 2010. Before joining Microsoft as a part of the investor relations group, she worked at Goldman Sachs in various roles including investment banking and capital markets groups.

Klein will leave after nearly four years in role and 11 years at the company. Prior to being named Microsoft CFO, Klein served as Corporate VP and CFO of Microsoft's Business Division (MBD). Before joining MBD in 2006, Klein was CFO of Microsoft's Server & Tools Business Group (STB). He joined Microsoft in 2002. Prior to joining Microsoft, Klein spent 13 years in corporate finance in the Seattle area, primarily in the communications and technology sectors.  This included senior roles at McCaw Cellular Communications; Orca Bay Capital, a private equity firm; and several startups, including Homegrocer.com, where as VP and treasurer he helped lead an IPO and subsequent acquisition by Webvan.

Microsoft has appointed Cesar Cernuda as its new area VP for the Asia Pacific region. A Microsoft veteran of some 16 years, Cernuda was most recently VP of Sales, Marketing and Services for Microsoft’s Latin American operations. Prior to that role, he served in a number of senior-level Microsoft roles, including worldwide VP of Microsoft Business Solutions (MBS) sales and field operations, VP of MBS International and director of the Small & Medium Business Solutions and Partner Group for Microsoft Europe, Middle East and Africa (EMEA) organization. Cernuda started his career in the banking industry, working on the launch of Banco 21 (currently known as Banco Gallego), before joining Software AG, where he successfully developed a new business channel for the company’s products and services sales, and ran the financial sector division.

SAP Southeast Asia President and MD Appointed

SAP appointed Francois Lancon to the position of President and Managing Director for SAP Southeast Asia. Lancon, who was previously the President of Asia Pacific for Avaya, will now be leading SAP's business strategy development and operations in Southeast Asia-including Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam-and Pakistan. Lancon's close to three decades in the IT business before coming to SAP were also notably spent with key industry leaders, including Nortel Networks Corporation, Convergys and IBM.

SuccessFactors CEO Leaving SAP in Cloud Business Shake-Up

SAP announced a pretty broad management shake-up across its cloud-oriented software units. Lars Dalgaard, 43, the CEO of the cloud-based human resources software company SuccessFactors, is leaving the company to become an investor. SAP acquired SuccessFactors in late 2011. Dalgaard joined SAP to run a newly formed Cloud Business Unit when SAP acquired SuccessFactors, the company he founded in 2001. Prior to SuccessFactors, Dalgaard spent five years with Unilever and three years at Novartis respectively, working in five different countries (Germany, Switzerland, USA, Holland, and Denmark) with roles in Global Mergers – Acquisitions, Corporate Finance and Controlling, and Sales. He also ran a global business unit and served as a local company CEO, consolidating five acquisitions into one company.

EMC Appoints South East Asia President

EMC has appointed 27-year IT industry veteran Thomas Zack as the president of sales and customer operations for EMC's South East Asia (SEA) region. The appointment represents a milestone for EMC's next phase of business growth in SEA. Prior to joining EMC, Zack was the Managing Director for SAP in Thailand. Prior to SAP, Zack was at Red Hat, where he managed its sales business across Asia Pacific & Japan as VP. Prior to Red Hat, Zack spent 18 years at Hitachi Data Systems in a variety of senior leadership and management roles, including VP and General Manager for the Asia South region. Zack started his career at Northrop Aircraft.

HP Names New Treasurer

Hewlett-Packard elected Jim Murrin to serve as treasurer in addition to his current role as SVP of Corporate Development and Corporate Financial Analytics. Murrin will succeed John McMullen, SVP and treasurer, HP, who is retiring after an impressive 32-year career with the company.

In early 2013, Murrin rejoined the Finance organization in his current role. Before returning to Finance, he was leading the Select Accounts Group within HP Enterprise Services; he previously served as HP's corporate controller.

Adobe Creates Chief Security Officer Role

Adobe has created a new position of chief security officer and appointed Brad Arkin to the position. Formerly Adobe's senior director of Standards, Open Source, and Accessibility and before that for product security and privacy, Arkin will continue to lead the company's secure software engineering team (ASSET) and its product security incident response team (PSIRT), which responds to vulnerabilities and exploits. Before Adobe, he was VP, Product Management of StepNexus, Senior Manager of Symantec and Technical Director of @stake.

Intuit Makes Several Management Changes, Business Realignment

Intuit has made an organizational realignment designed to propel the company into its next phase of long-term growth. The new structure includes six go-to-market business units.

Dan Wernikoff has been named SVP and general manager of Small Business Financial Solutions, a new global division that includes financial management solutions, such as QuickBooks, Intuit Payments Solutions and the Intuit Partner Platform. With this assignment, Wernikoff adds global responsibilities to the small business leadership role he has held for the last three years. Prior to his current role, Wernikoff held a variety of management roles across Intuit’s Small Business Group.

Dan Maurer is the new SVP and general manager of Small Business Management Solutions, a new global division focused on a portfolio of adjacent small business services, including Employee Management Solutions and Demandforce. Maurer, who will also oversee Intuit’s Quickbase business, spent the last five years as SVP and general manager of Intuit’s Consumer Group. Prior to that, Maurer led the marketing efforts for the TurboTax business and served as Intuit’s chief marketing officer.

Sasan Goodarzi is SVP and general manager of Intuit’s Consumer Tax division, which offers a suite of products and services under the TurboTax brand in the U.S. and Canada. Goodarzi has held multiple general management positions at Intuit, including SVP and general manager for both Intuit’s Financial Services division and Intuit’s ProTax division. Most recently, Goodarzi served as Intuit’s chief information officer as the company successfully navigated to the cloud.

Barry Saik has been named as VP and general manager of the Consumer Ecosystem, a new division focused on solving important consumer problems with solutions such as Quicken. Saik has led Quicken for the last year. He previously held a variety of leadership roles in the TurboTax business, and most recently served as general manager of Intuit Websites, where he led the divestiture of that business in 2012.

Jill Ward continues as SVP and general manager of the Accounting Professionals Division and Cece Morken remains SVP and general manager of Intuit Financial Services, a division focused on improving consumer and small business financial problems by offering online banking solutions for the financial institutions that serve them.

Kiran Patel, EVP and general manager of Intuit’s Small Business Group, and Alex Lintner, SVP and general manager of Intuit’s Global Business Division, will retire from Intuit. The work of their respective organizations will be assimilated into the new organizational structure.

The company also named David Williams, 51, to the newly created position of chief tax officer. Williams has broad experience in public service, developing and implementing tax administration strategies and tax policies. He most recently served as the senior tax policy advisor to the United States Senate Committee on the Budget. Previously he held multiple executive roles at the IRS for more than a decade, including director of the Return Preparer Office and director of Electronic Tax Administration and Refundable Tax Credits. During his time at IRS, Williams was the U.S. government delegate to and chairman of the Taxpayer Services Group of the Forum on Tax Administration of the international Organisation for Economic Co-operation and Development. Before working at the IRS, Williams served as deputy assistant secretary of U.S. Department of Treasury and on the staff of former Sen. Bill Bradley of New Jersey.

Intuit appointed Nikhil Arora as VP and Managing Director of Intuit India. Arora comes to Intuit from Laureate Education, where he served as VP and head of operations. He has more than 18 years’ experience in corporate strategy, business development, marketing, finance and operations, having worked for companies such as ADP, Delphi Automotive, Microsoft and CBS Television. Arora brings a deep understanding of the Indian and Central Asian marketplace and the challenges confronting businesses in India.

Electronic Arts Appoints New York Times Digital Exec to Board

Electronic Arts appointed Denise F. Warren, 48, EVP of the Digital Products and Services Group at The New York Times, to its board of directors. Warren previously served as general manager and chief advertising officer of the New York Times Media Group, where she managed operations for NYTimes.com and related digital and mobile products.

SAS Appoints Head of Public Sector

SAS named Kroshlen Moodley as the company’s head of Public Sector, responsible for driving the company’s government and utilities business strategy within these sectors. Moodley was appointed at SAS in June 2008 as Strategic Account Manager for Eskom, and moved to the position of Senior Public Sector Industry Lead in 2009, where he was instrumental in driving the SAS Performance Monitoring and Evaluation business.  In 2011 Moodley was promoted to the position of Regional Head for the SAS Global Utilities business unit.  Before joining SAS, Moodley held a senior management position at SITA, and positions at Telkom and EDS.

Splunk Appoints Cardinal Health CIO to Board

Splunk, the leading software platform for real-time operational intelligence, appoints Patricia B. Morrison, 53, to the company's Board of Directors. Morrison has been EVP of Customer Care Shared Services and CIO for Cardinal Health since 2009. Prior to joining Cardinal Health, Morrison was CEO of Mainstay Partners, a technology advisory firm from 2008 to 2009, and EVP and CIO at Motorola from 2005 to 2008. Her previous experience also includes CIO of Office Depot, and senior-level IT positions at PepsiCo, The Quaker Oats Company, General Electric, and Procter & Gamble.

Pitney Bowes Appoints Former IBM Marketing Leader as CMO

Pitney Bowes named Abby F. Kohnstamm as EVP and CMO. Kohnstamm is a globally recognized marketing leader who served as CMO of IBM for over 12 years. Before joining IBM, she held a number of senior marketing positions at American Express from 1979 through 1993. Kohnstamm is currently president and founder of Abby F. Kohnstamm & Associates, a marketing consulting firm which she founded in 2006. Kohnstamm serves on the Board of Directors of Tiffany & Co., World Fuel Services Corporation and the Roundabout Theatre Company.

Fortinet Appoints Former Ariba CFO for Similar Role

Fortinet named Ahmed Rubaie as the Company's CFO and COO. Rubaie most recently served as EVP and CFO of Ariba, a leading cloud-based business to business commerce company that was acquired by SAP in 2012. He joined Ariba in 2008, and played a key role on the management team in building a high-growth and highly-profitable recurring global business. Prior to Ariba, he spent nearly eight years at Avery Dennison, a manufacturer of pressure sensitive materials, where he held various senior finance positions, the last one being a global division CFO. He also spent nearly six years in various global finance leadership roles at BHP Billiton, a large natural resource company. Prior to his corporate experience, he spent six years in public accounting with both Coopers & Lybrand and Deloitte & Touche.

Aspen Technology Announces CEO Transition Plan

Antonio Pietri, 47, currently Aspen Technology’s EVP of Worldwide Field Operations, will become the company’s President and CEO, in October this year. Mark Fusco, 51, will continue to serve as the company’s President and CEO during this transition period, after which time he will be retiring.

Prior to his current role, Pietri served as Company's SVP and Managing Director for Company's Asia-Pacific region and held various other positions. Before that, he was at Setpoint Systems, which the company acquired, and before that he worked at ABB Simcon and AECTRA Refining and Marketing.

Fusco has served as Company's President and CEO since 2005 and as one of Company's directors since 2003. He served as president and COO of Ajilon Consulting, an IT consulting firm, and as EVP of Ajilon Consulting. He was a co-founder and served as president of Software Quality Partners, an IT consulting firm specializing in software quality assurance and testing that was acquired by Ajilon Consulting. He also served as president of Analysis and Computer Systems, a producer of simulation and test equipment for digital communications in the defense industry. Fusco was a professional ice hockey player for the Hartford Whalers of the National Hockey League, and was a member of the 1984 U.S. Olympic ice hockey team.

Progress Software Appoints Asia Pacific and Japan MD

Application development, SaaS enablement, and cloud deployment solutions provider, Progress Software, named 20 year software executive veteran Stephen McNulty as Managing Director for Asia Pacific and Japan. McNulty will be based in Singapore and lead the company’s business and operations in APJ and grow the Progress Software’s network of channel partners and customers. McNulty previously held posts with Oracle and Baan in Asia Pacific and possesses over two decades of experience working in Asia Pacific.

Synchronoss Technologies Appoints President, NA

On-demand transaction management solutions company Synchronoss Technologies expanded its executive team with the appointment of Nick Lazzaro as President of North America. Lazzaro has twenty years of experience in technology and telecommunications, including executive positions at Vonage and Amdocs. He most recently served as SVP of Product Development, Information Technology and Managing Director Mobile Services at Vonage. He has a strong track record of building businesses through creating collaborative environments to drive sales, systems delivery and efficient operations. During his tenure at Amdocs, Nick served as Unit President, with P&L responsibility for its largest business unit, including management of the AT&T relationship.

Jive Software Appoints SuccessFactors Exec as APAC Leader

Social business software company Jive Software named Robert Yue as VP of Asia Pacific. Yue comes to Jive with over 20 years of experience in the enterprise software space. Most recently, Yue was with SAP, where he was VP and managing director for SuccessFactors in Australia and New Zealand. Previously, he was VP and general manager of HP's software business in the region. Yue has also held management and sales roles at Mercury Interactive, Intersolv and Serena.

K12 Appoints CFO from Match.com

Educational software systems company K12 named James Rhyu as EVP and CFO. Rhyu joins K12 from Match.com, where he has served as CFO and Chief Administrative Officer, overseeing a broad range of functions, including human resources, legal, information technology and operations, certain international operations and product development, since 2011. Prior to his roles at Match.com, Rhyu was a SVP of Finance at Dow Jones & Company, where he ran the global financial function. Previously, he served for three years as the Corporate Controller of Sirius XM Radio and its predecessor company, XM Satellite Radio, as well as serving in the same role for Graftech International. Mr. Rhyu also spent six years with Ernst & Young in the United States and South America.

Taleo Engineering Exec Joins Ellie Mae for Software Development Role

Provider of on-demand automation solutions for the mortgage industry, Ellie Mae, appointed Vivian Wong as SVP of software development. In this role, Wong will manage multi-location, product development teams working on the next generation of SaaS and mobile applications. Wong has more than twenty years of experience in enterprise software technology, primarily at PeopleSoft and later at Oracle. Most recently, she was VP of engineering at Oracle's Taleo, a pioneer in cloud-based enterprise solutions, where she was responsible for product engineering, documentation and quality assurance of their cloud solutions. She began her career working at a number of start-ups, investment banks and consulting companies in Australia.

Bazaarvoice Strengthens Leadership Team to Support Global Growth

Bazaarvoice, the developer of ratings, review, and other related software for e-commerce companies, has named Gene Austin as President of the firm, and Marc Cannon as EVP of Client Services.

Gene Austin joins Bazaarvoice's executive leadership team and will be responsible for providing leadership and strategic direction for the Company's SaaS operations, including worldwide sales, services, partnerships and business development activities. In addition, Austin will provide strategic leadership, counsel and support to the CEO and the rest of the executive leadership team for the Company's entire global operations. Austin brings more than 30 years of experience and most recently served as president and CEO of Convio, where he was the driving force behind the company's success that led to an IPO and eventual sale to Blackbaud in May 2012.

Leading Bazaarvoice's worldwide services and support business, Marc Cannon will be responsible for ensuring clients receive the highest level of service and value. His direct responsibilities will include applications implementation and moderation, technical support, customer service, field service and technical training. With more than 20 years of global consulting experience, Cannon most recently served as VP of services at Blackbaud, where he led an organization of more than 400 consultants providing CRM strategy and implementation services for thousands of clients in the non-profit sector.

magicJack VocalTec Sees CFO Replacement

magicJack VocalTec, the software firm that enables voice and multimedia communications over packetized networks, named Jose Gordo as appointed CFO. Gordo has over 15 years of experience in finance, and joined magicJack in early 2013. In 2011, he co-founded Southcap Partners, a managing general partnership with investments in medium-sized companies. Prior to that, Gordo was a Managing Director of a private equity firm and was a partner at the national law firm of Akerman Senterfitt, where he specialized in corporate law matters; advising public and private companies and investment firms on mergers & acquisitions and capital markets transactions.

Gordo replaces Peter Russo, who stepped down from his position as CFO of the company.

Rosetta Stone Witnesses Changes to Board

Language-learning software company Rosetta Stone’s director Theodore J. Leonsis, 57, will resign, and Tom P.H. Adams, 39, and John E. Lindahl, 67, will not seek re-election to the board. Leonsis has been an important advisor as Rosetta Stone transitions to a more online and cloud-based model. He is leaving the Board to focus on his other businesses interests and investments, including Monumental Sports and Entertainment which owns the NBA's Washington Wizards, NHL's Washington Capitals, the WNBA's Washington Mystics, and the Verizon Center; Revolution Growth, a speed up capital fund; SnagFilms, a company that offers independent movies on demand; and Groupon, where he serves as interim co-CEO.

Currently serving as the non-executive Chairman of the Board, Adams has been a member of the Rosetta Stone Board since January 2006. He served as the company’s President and CEO from 2003 until 2012, when he assumed the role of non-executive Chairman. He was recently named to the Management Committee of Bridgewater Associates, an investment company, and is not seeking re-election to the Board due to his responsibilities at Bridgewater.

A Director since 2006, Lindahl is Managing Partner of Norwest Equity Partners, where he led Norwest’s investment in Rosetta Stone in 2006. He will continue to oversee Norwest’s investments in Rosetta Stone and its other portfolio companies.

SeaChange’s CFO Resigns; iCFO Appointed

Internet related software and services company SeaChange’s CFO Michael Bornak has resigned. Anthony Dias, SeaChange's Chief Accounting Officer, has been promoted to SVP and will serve as interim CFO while the company undertakes a search for a permanent CFO.

Active Network’s CEO and Chair Step Down; Company looking for a New CEO

Online registration and event management software firm Active Network made several changes in its senior leadership as the Company continues to focus on strengthening its long-term operational and financial performance. Jon Belmonte, a former Chief Media Officer and COO at the Company, has been named interim CEO. He succeeds Matthew Landa, who has resigned as CEO.

In addition, David Alberga has resigned as Executive Chairman. Landa and Alberga will both remain members of the Board. iCEO Belmonte has been nominated by the Board to serve as a director. The Active Network Board has initiated a search process and will retain a leading executive search firm to identify a permanent CEO. The search process will include a full review of internal and external candidates.

Carbonite Appoints VP, Talent

Online backup software company Carbonite has expanded its executive team with the appointment of Randy Bogue as VP of Talent. Prior to joining Carbonite, Bogue was the President and founder of Venator Partners, an executive search and advisory services firm. Since its founding in 1995, Venator Partners completed hundreds of searches for high growth technology companies and provided advisory and training services to improve companies' ability to attract, assess and retain top talent. He also brings a strong entrepreneurial background to the position, having founded Venator Partners as well as Environmental Homes. He has also held positions at Morgan Stanley Dean Witter.

Avid Technology Appoints New CFO

Avid Technology named John Frederick, 42, as EVP, CFO and chief administrative officer. Before joining Avid as chief of staff in early 2013, he was corporate EVP and CFO of Open Solutions, a technology provider to financial institutions worldwide, which was acquired in January 2013 by Fiserv. Earlier in his career, Frederick served as SVP and CFO of SafeNet, a global encryption security company. Additionally, he held a variety of senior financial, business planning, and analysis roles at organizations including AlliedSignal (now Honeywell), Time Warner - Six Flags, Sunbeam, and Legrand North America.

Saba Appoints CFO from Calypso Technology

Provider of learning and talent management solutions, Saba, appointed Mark W. Robinson as CFO. Robinson joins Saba after spending nearly five years with Calypso Technology, where he served as CFO for this multinational software and professional services company. Prior to joining Calypso Technology, he served as CFO of Discus Dental, a manufacturer of consumer goods and medical devices. He was previously CFO of Q Comm International, a leader in prepaid telecommunication products. He also served in several other management roles at companies including Prometrix/KLA-Tencor and Hewlett Packard.

Callidus Software Appoints Insider to CTO Role; Sees CFO Replacement

Callidus Software, the company that provides cloud-based solutions for sales effectiveness, appointed Dr. Jimmy Duan, 49, as CTO. He has served a variety of executive management roles at CallidusCloud, including SVPs of commissions business and international sales. Previously, Jimmy served as VP of client services at Xactly, where he was responsible for defining and setting up SaaS operations and managing customer success. Earlier in his career, Jimmy held professional services management positions at Quovera and Talus Solutions, and consulted with multi-national organizations in financial services, telecommunications, transportation, and high-tech manufacturing. Dr. Duan replaces Mike Graves, who leaves CallidusCloud.

Bob L. Corey has been named SVP and CFO. Prior to joining the Company, Corey served as the CFO of FrontRange Solutions USA, an enterprise software company, since mid-2012. Prior to FrontRange, he served in various roles at Extreme Networks, an Ethernet solutions company, ultimately as interim CEO and EVP and CFO. Prior to Extreme Networks, he held a variety of executive positions, including EVP and CFO, at Thor Technologies, an enterprise software company.

Corey is replacing Ronald J. Fior, who has served as the Company's SVP, Finance & Operations and CFO for the past ten years.

Microgen Appoints Divisional Head after much Success in North America

Finance software maker Microgen has appointed Tom Crawford as EVP and Divisional Managing Director of the Microgen Aptitude Solutions Division (MASD) - to continue the development of the Division. Tom joined Microgen in 2003 and was most recently SVP of the MASD North American region based in Boston. Tom will now be responsible for the ongoing management and development of MASD on a global basis. The change follows three years of Tom managing the North American operation, where considerable success has been achieved in both the financial services and digital media sectors. This success has been based on Microgen Aptitude, the company's flagship business Enterprise Application Platform (EAP) and the Microgen Accounting Hub (MAH).

Crossroads Systems Appoints Investment Experts as Directors

Archive and data protection solutions company Crossroads Systems elected Richard K. Coleman, Jr. and Jeffrey E. Eberwein as directors of the Company. Coleman is a private investor and technological advisor. His company, Rocky Mountain Venture Services (RMVS), has helped technology companies plan and launch new business ventures and restructuring initiatives since 1998. He has served in a variety of senior operational roles, including CEO of Vroom Technologies, COO of Metronet Communications, and President of US West Long Distance, and has also held significant officer-level positions with Frontier Communications, Centex Telemanagement, and Sprint Communications culminating in his appointment to lead its Technology Management Division. Coleman began his career as an Air Force Telecommunications Officer managing Department of Defense R&D projects. He has served as an Adjunct Professor for Regis University's Graduate management program and is a guest lecturer for Denver University, focusing on leadership and ethics.

Eberwein is the founder and CEO of Lone Star Value Investors, an investment firm. He has 20 years of Wall Street experience, including 16 years in investment management and four years in investment banking. Prior to founding Lone Star, he served as a portfolio manager for 11 years, most recently at Soros Fund Management and prior to that at Viking Global Investors and Cumberland Associates. He is Chairman of the Board of Digirad and serves on the board of The Goldfield Corporation, NTS, On Track Innovations and Aetrium. He is the Treasurer and serves on the Executive Committee of the Board of Hope for New York.

Astea International Appoints Director with Financial Expertise

Service management software solutions firm Astea International appointed Keith Schneck, 56, as a member of the Board. Schneck was the EVP and CFO of eResearch Technology from 2008 through 2012. eResearch Technology was acquired in 2012 by Genstar Capital. Prior to that from 2003 through 2007 he was the EVP and CFO of Neoware, acquired by Hewlett Packard in 2007. Prior to Neoware, Schneck held a number of additional executive positions in both financial and operational roles at various Philadelphia area technology companies. Schneck began his career as a CPA with KPMG in Philadelphia from 1977 to 1986.

Pacific WebWorks Hires Sales and Marketing VP from Skullcandy

Business software technologies firm Pacific WebWorks appointed Derald Miller as its new VP of Sales and Marketing. Derald has extensive international business experience in sales, operations management and process improvement, most recently at Skullcandy. Prior to working at Skullcandy, Derald founded Westfahl Devices, a security device company that competes in the home security industry, where he served as CEO and guided the company to explosive growth during his tenure.

Founder and CEO of Endeca Technologies Joins Infinio Board

Founder and CEO of Endeca Technologies, Steve Papa was named chairman of the board for Cambridge start up, Infinio, the innovative provider of downloadable storage performance software. Papa founded Endeca in 1999 and served as CEO until its acquisition by Oracle in 2011. Prior to Endeca, Papa was part of the original MIT $50K team that created Akamai, a member of the early team at Inktomi in charge of creating the company's infrastructure caching business, and spent time at Teradata and also at Venrock, the Rockefeller Family's venture capital arm.

Pacific Software Sees Management Overhaul

John G. Simmonds was appointed as Chairman, CEO and President of Pacific Software, the company engaged in software development for both PC and mobile platform. Simmonds was previously appointed director of the Company in March this year. He has over 30 years’ experience as a senior public company executive. He began his career over 40 years ago with his family business, A.C. Simmonds & Sons and later co-founded CDN golf course operator. He has a track record of building teams and growing companies with a focus on operations.

Henry J. Kloepper, 63, was appointed as a member of the board. Henry J. Kloepper is a leading financier and has been involved in investment banking and corporate finance for over 30 years. He has enjoyed a long career in structured finance and investment banking, holding executive positions at Citibank Canada, JP Morgan, Security Pacific Bank (now Bank of America) and North American Trust (now Laurentian Bank). He is a director of publicly listed Mogul Energy International and is the COO of Via Bank.

Carrie J. Weiler, 53, was appointed as a member of the board and corporate secretary. Carrie Weiler has over 25 years of experience in public company management. She provides corporate secretarial services and administration to several public companies listed in the United States and Canada.

Bruce Thomsen, 73, resigned as President, Secretary and Director of Pacific Software. He is now CFO of the company. For past five years, he has been a self-employed business consultant through Asia Millennium Investments, where he serves as its President and CEO. In addition, he and his wife each owns 50 percent of Solutions For Life, a distributor of Shaklee products in the United States and China, and he serves as Chairman of the Board of Golden Peach Corporation, a company devoted to providing senior care management to active living facilities in Mainland China.

Schedulicity Promotes Insider for CEO Role

Online scheduling software developer Schedulicity has named Joshua Spitzer as new CEO. Founder and outgoing CEO Jerry Nettuno will maintain a seat on the company's board of directors and will share his expertise with other entrepreneurial businesses.

Spitzer previously served as Schedulicity's COO and CFO.  Spitzer was a cofounder of Preservation Capital, a boutique financial advisory and investment firm that specializes in high-growth companies accessing new capital markets. Working in technology, internet, clean-tech, and a range of other industries, he has advised firms and placed millions of dollars in debt and equity capital. He has developed M.B.A.-level entrepreneurship curriculum, and he advises entrepreneurial business school students in Silicon Valley and beyond. Spitzer sits on the board of Bozeman’s Big Sky Youth Empowerment (BYEP).

Former Onestop and LegalZoom Exec Joins Bigcommerce for Marketing Demand Generation

Bigcommerce, the developer of e-commerce software for the small and medium sized business market, added Jeremy Hermanns as its new VP of Marketing Demand Generation. Hermanns brings more than 10 years of experience in online marketing, with a particular focus on direct response and brand building. His background includes previous executive-level roles at legal solutions company LegalZoom, where he led SEO, SEM and display, plus implemented in-house paid search tracking tools and web services. Most recently at Onestop, a leading retail e-commerce development platform, Hermanns was responsible for all online and analytics-based marketing initiatives and established a new performance-based marketing division.

ADARA Hires VP of Technology and Strategy

ADARA Networks, a global software company in the software defined networking space, named Sue Hares as VP of technology and strategy. Hares joined ADARA from the IPBU's Standards for the Network Product Line of Huawei Technologies, where she served as the senior director in the United States. During her tenure, Hares led a multi-national team of Internet researchers pushing the boundaries of Internet technology in optical, edge of the network SDN, and data center technology. Hares was previously director of networking solutions at Green Hills Software, and CTO of NextHop Technologies, a company she founded in 2000.

PeopleLinx Grows Its Executive Team by Naming CTO

PeopleLinx, the provider of the world's first engagement and analytics software for LinkedIn, appointed Keith Fitzgerald as the company's CTO to provide technological leadership as the company rapidly expands its customer base with Fortune 1000 clients. Fitzgerald comes to PeopleLinx from TicketLeap, an online ticketing platform, where he served as the company's CTO, and was responsible for developing the software and leading all technical initiatives. During his tenure at TicketLeap, Fitzgerald completely rebuilt and relaunched the TicketLeap platform in Amazon Web Services (AWS), allowing the company to reduce costs and quickly bring new products and features to market. Prior to TicketLeap, Fitzgerald worked as a technical architect and software engineer for a variety of companies, including Alliance Consulting, Comcast, Northrop Grumman and Razorfish.

Centage Corporation Names VP of Information Systems and Support

Centage Corporation, a leading provider of budgeting and forecasting software, named Patrick Houle as VP of Information Systems (IS) and Support. Houle was most recently the VP of Operations and CTO at Boston Technologies, and has served as CTO and VP of Operations & IT at other Boston area organizations.

Optify Appoints Long-timer as CTO

Optify, a Seattle company developing digital marketing software, has promoted Chris Hundley to the position of CTO. He’s one of the company original employees. Prior to Optify, he worked as engineering director for Visible Technologies.

Avid Technology CEO Joins Aspect Software’s Board

Aspect Software, a leading provider of fully-integrated customer interaction management, workforce optimization, and back-office solutions, named Louis Hernandez, Jr. to its Board of Directors. Hernandez is currently the President and CEO of Avid Technology, the leading provider of audio and video technology for creative and media professionals. Prior to Avid, Hernandez was Chairman and CEO for Open Solutions, a global provider of state-of-the-art enterprise technologies for financial institutions. Open Solutions was named one of the 25 Fastest-Growing Technology Companies by Forbes Magazine during his tenure.

Financial Services Industry Exec to Lead Industry Solutions Biz at ProcessUnity

ProcessUnity, a risk management software company, hired Lisa Weil as VP of Industry Solutions. Most recently, Weil was principal of Weil Consulting and served as practice director with BridgePoint Group, focused on improving the service capabilities and competitive positioning of leading financial services organizations. Previously, she was SVP at Fidelity Investments, where during her tenure she held several product leadership roles spanning the Institutional and Retail markets. Prior to joining Fidelity, Weil spent nearly ten years in a variety of technical consulting and product roles in the software industry.

Former Senior Yahoo Exec is New Shazam CEO

Shazam, the music discovery mobile app company, hired former top Yahoo exec Rich Riley as its new CEO, with longtime CEO Andrew Fisher moving to executive chairman role. Riley, who had been at Yahoo for more than 13 years, was most recently EVP Americas for Yahoo, its most important unit, and before that was managing director and SVP of the Silicon Valley Internet giant’s Europe, Middle East and Africa region. He came to Yahoo when it bought a company he co-founded called Log-Me-On.com, which later became the Yahoo Toolbar.

Acorio Names EMC Vet as CEO

Acorio, a provider of software-as-a-service for IT service management, has named former EMC sales executive Jim Lampert, 48, as its new CEO. Lampert has extensive experience with technology companies. Prior to joining Acorio, he founded Global Green Consulting Group, a sustainability solutions innovator that was acquired by Cloud Technology Partners in 2011. Lampert previously worked for Ascend Consulting, StorageNetworks, and eDocs. Earlier in his career, he spent more than 13 years working in sales and sales leadership positions in EMC.

Former IBM Exec Joins Cleversafe as CEO

Cloud storage data software and technology firm, Cleversafe, has named John Morris president and CEO. Founder Chris Gladwin has been named vice chairman and will continue to drive Cleversafe's technology vision and lead strategic innovation for the company's dispersed object-storage technology. As a hands-on industry leader, Morris brings exceptional experience in growing emerging stage businesses as well as multi-billion dollar technology leaders. As a member of the Executive Committee of Juniper Networks, he drove over a billion dollars of topline growth. As President and COO of payments industry startup Pay By Touch, he similarly led the company’s expansion from zero retail stores to thousands, and attracted millions of enrolled consumers to use its innovative biometric payment service. Prior to that, Morris spent 23 years at IBM in several senior executive roles and led the company to record growth in its mainframe business and other units, including leading significant growth in the Asia Pacific region.

Walt Disney VP Joins Board of Online Entertainment Software and Services Firm

GigaMedia, online entertainment software and services firm, added Billy Huang, VP of The Walt Disney Company, to board as an independent director. Huang has over 20 years of senior leadership experience in the technology/media industry and a proven track record of driving growth. At The Walt Disney Company, where he serves as VP responsible for the mainland China, Hong Kong and Taiwan markets, he launched Disney Channel and Disney Junior Channel and expanded services to new online media. At Taiwan's Videoland Communications, where he served as VP from 1996-1998, he implemented a restructuring plan that transformed the business from an old production house into a modern cable television consortium distributing content for global television brands including CNN, Cartoon Network, and Discovery Channel. Prior to that, he was VP of Fantasmic International, a public relations and advertising firm in Taipei.

Domo Nabs Omniture Alum as Chief Scientist

Former Omniture CEO Josh James, now running the upstart business intelligence software outfit Domo, has hired former Omniture CTO Brett Error as chief scientist and chief strategy officer. Error spent 14 years as CTO of Omniture, now a unit of Adobe, and led its product development. He was also responsible for integrating technology from Omniture’s various acquisitions.

Neverfail Welcomes New CTO

Neverfail, a leading business continuity lifecycle management software company specializing in affordable continuous availability and disaster recovery solutions, named Kelvin Clibbon as CTO. Prior to joining Neverfail, Clibbon most recently acted as VP of Engineering at nlyte Software, a data center infrastructure management provider, where he was responsible for all aspects of technology strategy, product delivery, integration, and engineering team management. He held similar leadership roles at FrontRange, which was acquired by Centennial Software, Apertio, Intuwave, and Clearswift. Throughout his career, Clibbon managed a number of multi-site, multi-disciplined Engineering teams across Europe and Asia, and successfully delivered more than 25 major products, along with maintenance releases.

Symplified Adds Technology Vet to Board

Identification management software developer Symplified has named Gene Austin to its board of directors. Austin is President of Bazaarvoice and brings more than 30 years of experience, where he also served as president and CEO of Convio, where he was the driving force behind the company's success that led to an IPO and eventual sale to Blackbaud in May 2012.

Date Range: April 12th - May 24th

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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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