SAP Co-CEO to Join Supervisory Board
SAP co-CEO Jim Hagemann Snabe, 48, will move from executive board to supervisory board next year, leaving American co-CEO Bill McDermott, 50, as sole chief. In 2010, Snabe and McDermott took over as SAP's leaders from long-time CEO Leo Apotheker. Snabe has been an executive board member for five years.
Snabe has overseen the growth of SAP's business that included acquisitions of SuccessFactors, Sybase and Ariba and the release of the HANA in-memory database platform. He has been with the company for more than 20 years, holding various management positions in sales and development, including Managing Director of the SAP Nordic region and General Manager for industry solutions development globally. Snabe has worked for SAP since 1990, excluding a stint at IBM Denmark from 1994 to 1996. He has served on the Board of Mannaz A/S until 2009 and on the Supervisory Board of Crossgate AG until 2010. He is Member of the Board of Linkage A/S and Thrane & Thrane A/S.
HP Appoints Three New Board Members
HP appoints Robert R. “Dob” Bennett, 55, former president and CEO of Liberty Media Corporation; Raymond E. Ozzie, 57, former chief software architect of Microsoft and founder of Talko; and James A. Skinner, 67, former vice chairman and CEO of McDonald’s and current chairman of Walgreen, as new board members.
Bennett is the former president and CEO of Liberty Media Corporation. He was one of the founding executives of Liberty, serving as the principal financial officer from its inception. He currently is principal of Hilltop Investments, a family investment company. Bennett also served as president of Discovery Holding Company, when it was merged with Discovery Communications. Bennett worked with Tele-Communications, in a variety of financial positions and with The Bank of New York. He currently serves on the boards of Liberty Media Corporation, Discovery Communications, Sprint Corporation and Demand Media.
Raymond E. Ozzie left his role as Microsoft's chief software architect in 2010 and founded Talko, a firm focused on a new generation of mobile communications applications and services. Ozzie was Microsoft's chief technical officer, a role he took up when Microsoft acquired Groove Networks, a collaboration software firm Ozzie formed in 1997. Before Groove, Ozzie was a founder and president of Iris Associates, before which, he contributed to the development of Lotus Symphony. He currently serves on the board of Electronic Privacy Information Center (EPIC).
James A. Skinner has served as a member of the Walgreen board since 2005, and was appointed non-executive chairman in 2012. He is the retired vice chairman and CEO of McDonald's. Before his promotion to McDonald's CEO in 2004, Skinner served as vice chairman overseeing restaurant operations in Africa, Asia, Europe and Latin America. After serving in the U.S. Navy for nearly 10 years, Skinner began his career with McDonald's in 1971 as a restaurant manager trainee. He currently serves on the boards of Ronald McDonald House Charities and Illinois Tool Works. Skinner also is a member of several civic and business organizations, including The Economic Club of Chicago. He also serves on the board of trustees for the Museum of Science and Industry.
Yahoo! Board Members Resign
Daniel Loeb, 51, Harry Wilson, 41, and Michael Wolf, 51, are leaving Yahoo's board. Daniel Loeb, CEO at Third Point investment fund, who uncovered the degree scandal, was elected to the board in 2012, along with the other two members who leave. Harry Wilson, who is CEO of MAEVA Group, is a former Treasury Department official and President Obama's Auto Industry Task Force and hedge fund executive. Michael J. Wolf is founder and managing partner of ACTIVATE, a technology and strategy firm and former President and COO of MTV Networks, is elected.
International Game Technology Appoints Board Member with Financial Acumen
Electronic gaming equipment and systems products company International Game Technology named Eric Brown, 47, to the Company's Board of Directors. Brown is COO, CFO and EVP of Polycom. He also serves on the Board of Directors of Electronics for Imaging. Prior to his current position, Brown demonstrated his financial acumen serving as CFO for several publicly-traded technology companies, including Electronic Arts, McAfee, and MicroStrategy.
E*TRADE Appoints Financial Services Industry Expert to Board
E*TRADE named Mohsen Fahmi to the Company’s Board of Directors. Fahmi has 30 years of experience in global financial services and is currently serving as Senior Portfolio Manager at Moore Capital Management. Since joining Moore Capital in 2003, Fahmi has held various positions within the firm including COO. Previously, Fahmi served for five years as the co-head of the Bond & Currency Proprietary Trading division of Tokai Bank Europe. His career also included investment and portfolio management roles at Salomon Brothers Asset Management, Goldman Sachs, and J.P. Morgan. Fahmi began his career in financial markets holding a number of investment positions at The World Bank spanning seven years, including Chief Investment Officer.
Former Polycom CEO Resigns from Informatica’s Board
Andrew M. Miller, 53, resigned from the Board of Directors of enterprise data integration software Informatica. He had joined the board earlier this year. Miller was most recently the President and CEO and Director of Polycom, a provider of communication services and solutions. He recebtly resigned as Polycom’s CEO, President and Director, after the Board found certain irregularities in Miller's expense submissions, for which he accepted responsibility. Before becoming CEO, he served as EVP of Global Field Operations of Polycom. Earlier, he was global president of IPC Information Systems, SVP, North America of Monster Worldwide, CEO of Tandberg, and also held a number of roles at Cisco, including VP, US Area Sales (West) and VP, Marketing (Customer Advocacy).
Constellation Software Appoints New Director
Constellation Software, a company that acquires, manages and builds vertical market software (VMS) businesses, named Robert Kittel to the company's board of directors. Kittel has been the COO of The Westaim Corporation since January 2013. Previously he was a Partner and Portfolio Manager at Goodwood, an investment management firm. He was VP and Analyst of a Canadian-based hedge fund investment firm in the past. Kittel was also employed by the Cadillac Fairview Corporation, he was a staff accountant at KPMG, and he served as a director on several public boards, both in Canada and the United States.
TeleTech Appoints Healthcare Services Expert to Board
TeleTech, a leading global provider of technology-enabled, customer-centric business process solutions, appointed Tracy L. Bahl, 49, to its Board. Bahl is a recognized expert in healthcare services strategy and economics. Since 2007, he has served as a special advisor to General Atlantic and its portfolio companies including MedExpress, a chain of urgent care service centers throughout the United States, and Emdeon, a provider of health information exchange and revenue cycle management solutions. Prior to joining General Atlantic, he served as the CEO of Uniprise, a division of UnitedHealth Group, and CMO for UnitedHealth. He was an executive with CIGNA Healthcare prior to that.
Unisys Appoints Academician to Board
Unisys has appointed Jared Cohon as member of its board. Cohon is President Emeritus and University Professor at Carnegie Mellon University, a global research university recognized for its technology, business, and arts programs. During his 16 years as university president from 1997 until June 2013, Cohon led Carnegie Mellon’s global expansion while enhancing programs in information technology, diversity, international education, economic development and other areas. Prior to joining Carnegie Mellon, Cohon served as dean of the school of forestry and environmental studies at Yale University. Before that, he was an associate dean of engineering and vice provost for research at Johns Hopkins University.
Emulex Implements CEO/Chair Succession Plan
James M. McCluney, 61, who has served as CEO since 2006, has been named Executive Chairman of Emulex, the provider of a range of network convergence solutions that connect servers, storage, and networks within the data center. McCluney joined the Company in 2003 as President and COO, was subsequently appointed to the position of President and CEO in 2006, and in 2010, relinquished his President title but retained his CEO title. Prior to Emulex’s acquisition of Vixel in 2003, McCluney had served as Vixel’s Chairman, President and CEO and President and COO of Crag Technologies, formerly Ridge Technologies, and served in various positions at Apple Computer, including SVP of Worldwide Operations and VP of European Operations.
Jeffrey W. Benck, 47, Emulex's current president and COO, has been appointed president and CEO and director. Benck joined Emulex in 2008 as COO, and was promoted to president in 2010. Prior to joining the Company, Benck was President and COO of QLogic, a supplier of storage networking solutions and also worked for IBM.
Paul Folino, 67, will step down from his role as chairman and will continue as a director. Prior, Folino served as a Director and as CEO of Emulex since 1993 until 2002. In 2002, he was appointed as Chairman and in 2011 he became Non-Executive Chair. He is former President and COO of Thomas-Conrad Corporation.
EarthLink Adds Board Members
EarthLink, an IT services, network and communications provider, named Kathy S. Lane, 56, and Julie A. Shimer, Ph. D., 60, to EarthLink's Board of Directors. Lane was most recently EVP/CIO of TJX Companies, a specialty apparel retailer, until her retirement earlier this year. Previously she was Group CIO at National Grid USA and SVP/CIO of Gillette Company and before that she held positions of increasing responsibility in IT at General Electric, Pepsi-Cola International and Procter & Gamble.
Dr. Shimer is currently a private investor and has 30 years of product development experience, including many years with communications companies. She served as CEO of Welch Allyn, a manufacturer of frontline medical products and solutions, President and CEO of Vocera Communications, GM at 3Com Corporation and Motorola and has been a product development leader at Motorola and AT&T Bell Laboratories.
Former Taleo Exec Joins Board of Scientific Informatics Software Firm
Accelrys elected Heidi Melin, 43, to board. Melin currently serves as the CMO of Plex Systems, a cloud ERP technology company. Previously, she was the SVP and CMO of Eloqua. Prior to Eloqua, she was responsible for the global marketing team at Taleo and held senior marketing positions at Polycom, Hyperion and Peoplesoft.
Date Range: July 9th - August 3rd