EMC CFO David Goulden Leaves VMware’s Board; EMC Director and Former Akamai CEO Paul Sagan Replaces Him
VMware board member David Goulden, 54, resigns from Board. He is CEO of EMC Information Infrastructure and CFO of EMC. Goulden is an 11-year EMC veteran, who has operated as EMC's CFO for seven years and held full responsibility for EMC's Information Infrastructure BUs, Sales and Customer Operations, Services, Marketing and G&A functions since mid-2012. Goulden has led more than 70 acquisitions since 2003.
The Board elected Paul Sagan, 55, as a member of the Board. Sagan has been a partner and XIR at General Catalyst Partners, a venture capital firm, since January 2014. Sagan is also a member of the board of EMC, VMware's parent company. Sagan is the former CEO of Akamai Technologies, and has also served as President, VP and COO. In December 2010, President Barack Obama appointed him as a member of the President's National Security Telecommunications Advisory Committee. Sagan is also a director of Akamai and iRobot Corporation.
Salesforce.com Appoints Gen. Colin Powell as Director for More Public Sector Focus
Salesforce.com appointed General Colin Powell, 77, to its Board of Directors. General Powell is a retired four star general and served for 35 years in the United States Army. He has served as U.S. National Security Advisor, Commander of the U.S. Army Forces Command, Chairman of the Joint Chiefs of Staff, and he was the 65th Secretary of State of the United States. He is the recipient of numerous U.S. military awards as well as two Presidential Medals of Freedom. General Powell is a strategic limited partner at Kleiner Perkins Caufield & Byers, and is a member of the Board of Directors of the Council on Foreign Relations.
AmEx CMO Leaves Yahoo! Board
Yahoo’s board member, John Hayes, 59, EVP and CMO, American Express, has decided not to seek re-election to Yahoo's board. Hayes joined the Yahoo board in 2012. Prior to joining American Express in 1995, he was the President of Lowe & Partners, a leading brand and advertising firm. Hayes serves as a director of Keurig Green Mountain and is a member of the Board of Regents of Seton Hall University.
Connectivity Solutions Giant Appoints Retired Southwest Airlines’ CFO as Director
TE Connectivity, formerly Tyco Electronics, elected Laura H. Wright, 54, to its Board. Since her retirement in 2012 as CFO of Southwest Airlines, Wright founded GSB Advisors, to provide strategic and financial consulting to growth and non-profit companies. During her 25 year career at Southwest, she served in a variety of financial roles including CFO, SVP of Finance, Treasurer and Assistant Treasurer. She began her career at Arthur Young & Co.
NetApp CEO Adds on Chairman Role; New Lead Independent Director Announced
Former CEO and current chairman, Dan Warmenhoven, has decided not to seek re-election to the board of NetApp, the provider of storage systems and data management solutions for IT infrastructures. He was CEO of NetApp from 1994 to 2009. Prior to that, he served in various capacities, including President, CEO, and chairman of Network Equipment Technologies, and held executive and managerial positions at Hewlett-Packard and IBM.
Tom Georgens, 53, CEO of NetApp, has been elected chairman of the board. Previously Georgens served as president and chief operating officer, executive vice president and general manager of enterprise storage systems and executive vice president of product operations. Before that, he held various roles at LSI, an electronics design company, most recently as executive vice president of LSI Logic, and held engineering and marketing positions at EMC
Nicholas G. Moore, 71, announced his decision to retire from the Board. He has been a member of the Board since 2002 and was appointed as Lead Independent Director in 2009. He is former Global Chairman and also CEO of PwC. Prior to that, he served as Chairman and CEO of Coopers & Lybrand.
The Board elected its member T. Michael Nevens, 63, as Lead Independent Director. Nevens was appointed to the NetApp board in December 2009. He serves as a senior advisor to Permira, an international private equity fund. He also serves on the board of Altera and Ciena.
Fleetmatics Appoints HubSpot CEO and Intuit VP to Board
Fleet tracking service provider Fleetmatics appointed HubSpot CEO and Co-Founder, Brian Halligan, 46, and Intuit VP and GM, Allison Mnookin, to its Board.Halligan co-founded HubSpot, a leading inbound marketing software in 2006 to help businesses transform the way they market their products. Under Halligan's leadership, the company has been widely recognized for its rapid growth, innovative culture, and transformative approach to marketing.
Mnookin is VP and GM of Intuit QuickBase, a product which allows workgroups to build customer solutions that enable their productivity. She's held several positions at Intuit during her tenure, including GM in Intuit's Small Business Division. Prior to joining Intuit in 1998, she held several sales and product marketing positions with Oracle.
Monotype Imaging’s Co-Founder Chairman Retires; Company Appoints Board Member as New Chair
Text imaging solutions company Monotype Imaging appoints Director Robert L. Lentz as Chairman. Since July 2012, Lentz has been an adjunct professor and the entrepreneur in residence for Northeastern University's Center for Entrepreneurship Education. Lentz has served as an independent consultant from 2009 to 2012; as the interim CEO of Digital Reef, and as the interim CEO of the Managed Analytics Business of Deloitte. Prior to that, he was president and CEO of Permission TV, an online video platform provider.
Monotype cofounder and former president and CEO, Robert M. Givens, who has served as chairman since 2006, is retiring. After his retirement, Givens will hold the title of chairman emeritus. In 1986, Givens, together with the current president and CEO, Douglas J. Shaw, founded the business that would eventually become Monotype, growing it from a small organization to a publicly traded company in 2007.
Omnicell Goes Through Board Changes
Donald C. Wegmiller, 74, resigned from the Board of automated healthcare solutions company Omnicell. Wegmiller has served as a director of Omnicell since 2004 and as its lead independent director since 2005. Wegmiller has served as a Senior Consultant and Chairman Emeritus for Integrated Healthcare Strategies, and serves as Vice Chairman of Scottsdale Institute and Chairman and CEO of C-Suite Resources. Wegmiller was the Chairman of Clark Consulting, President and CEO of Clark Consulting's predecessor firm, Healthcare Compensation Strategies, and President and CEO of Health One Corporation (now Allina Health).
The Board appointed Bruce D. Smith to fill the vacancy created by Wegmiller's resignation. Smith is Senior Vice President of Information Systems and CIO for Advocate Health Care. Prior to his current role, he was Vice President and CIO for Lutheran General HealthSystem.
The Board appointed James T. Judson, 58, a Omnicell director since 2006, as Lead Independent Director. Judson served as interim Chief Financial Officer of Extreme Networks, Inc., and was also Omnicell's Interim Chief Financial Officer and earlier Vice President of Finance. From 1998 until 2002, he served as Vice President of Finance and Planning for the Worldwide Operations group of Sun Microsystems.
8x8 Appoints Investing and Operating Expert as Board Member
Communications technology company 8x8 appointed Vladimir Jacimovic to its Board. He has over 25 years of investing and operating experience with specific expertise in the Software as a Service (SaaS), Big Data and Security segments. He is the Founder and Managing Partner of Continuum Capital Partners, an investment firm that specializes in crossover investments targeting private and public technology companies. Previously, he was a Partner at New Enterprise Associates (NEA), and a MD at Crosslink Capital.
Radware's New Director is Seasoned Wall Street Investment Banker
Radware, a leader in application delivery and application security solutions for virtual and cloud data centers, appoints Joel Maryles, 54, to serve as director. Maryles has held numerous senior positions on Wall Street over the past three decades. He was founder and portfolio manager of T-Cubed Investments, an equity hedge fund; MD at Citigroup Investment Banking and founded the Israel Investment Banking operation for Citigroup/Salomon Smith Barney, was MD focused on Israeli technology and healthcare transactions at Furman Selz, a Wall Street investment bank, and was an Investment Officer at First Chicago Investment Advisors.
Former Apple Exec Betsy Rafael Joins GoDaddy as First Female Board Member
GoDaddy, the internet domain registrar and web hosting company, has appointed Betsy Rafael, 52, to its board. The former Chief Accounting Officer at Apple and Finance VP at Cisco has 30 years of finance and operations experience at numerous companies, including Ernst & Young, Sun, SGI, Escalate and Aspect Communications. She is currently on two other corporate boards, Echelon and Autodesk.
Former CMS Administrator and FDA Commissioner to Join board of ArborMetrix
ArborMetrix, a leading provider of real-time healthcare analytics, appointed Mark McClellan, M.D., Ph.D, M.P.A., a senior fellow and director of the Health Care Innovation and Value Initiative at the Brookings Institution, to its Board. A physician and economist, Dr. McClellan is the former administrator of the Centers for Medicare & Medicaid Services (CMS) and also the former commissioner of the U.S. Food and Drug Administration. Dr. McClellan is a member of the Institute of Medicine, where he chairs the IOM Roundtable on Value and Science-Driven Health Care.
Clinicient Names Industry Veteran as Chairman and CEO; Adds Catalyst Partners to Board
Clinicient, the revenue cycle management software and clinical solutions company, named industry veteran Rick Jung as Chairman and CEO while Catalyst's Todd Clapp and Ryan McNally to the Board. New CEO Rick Jung has served on Clinicient's Board for six years and spent 25 years working in healthcare services and has extensive revenue cycle management expertise. He previously held senior management positions at US Healthcare (acquired by Aetna); Medsphere, an open source EHR company; and athenahealth, where he helped pioneer cloud-based revenue cycle management solutions.
Clapp is responsible for originating and executing investment opportunities in the internet infrastructure, digital media, wireless communications, and business and consumer services sectors at Catalyst. Prior to joining Catalyst in 2004, Clapp was an investment professional at Lightyear Capital, a growth and buyout private equity firm. He previously worked as an Associate at UBS / PaineWebber in the Principal Transactions Group.
McNally is responsible for developing and reviewing prospective investment opportunities, overseeing portfolio investments and participating in the management of the firm. He focuses on investments in the digital media, software-as-a-service, publishing and business and consumer services sectors at Catalyst. Prior to joining Catalyst, he was a VP and shareholder of Daniels & Associates (now RBC Capital Markets) and was an investment banker.
Date Range: March 12th - April 9th