Oracle: Larry Ellison becomes Exec Chair & CTO and Names Safra Catz and Mark Hurd as co-CEOs. It is rumoured that Mark Hurd was actively pursued by Microsoft
Qualcomm Splits Chairman / CEO Roles to ensure Steven Mollenkop was not recruited by the Microsoft CEO search process.
TIBCO’s CEO Changed upon acquisition by Vista Equity Partners in December 2014. Murray Rode, 49, COO was promoted to CEO. Founder, chairman and CEO of TIBCO, Vivek Ranadivé. 57 stepped down and the roles were split
Fidelity National Information Services Chairman/ CEO Split - Frank R. Martire, 66,, five year CEO keeps Executive Chairman role, and Gary Norcross, 48, President assumes CEO role. Ellen Alemany, 58, former Chair and CEO of RBS' Citizens Financial Group, joins FIS’s board
Ixia: Bethany Mayer, 47, SVP networking equipment, HP joined Ixia as CEO. Founder Errol Gingsberg, 58 retains his role as Chairman and head of Innovation.
Jive Chairman and five year CEO,Tony Zingale, 58, moves to become Executive Chairman, and Elise Steele, 47, former CMO and President was named iCEO, while a search is under way.
Combine Roles for Good Performance or Ability to Execute
The combination of Chairman & CEO roles, is due to either outstanding or lacklustre performance. Harris Corporation and Demandware have outstanding performance and NetApp probably needed more concentrated focus. HP’s case is the exception - CEO Meg Whitman assumed the Chairman role when the interim Chair resigned for health reasons. In addition, this appointment is temporary until HP’s split happens.
NetApp Combines Chairman / CEO. New Lead Director: Former CEO and current chairman, Dan Warmenhoven, 63, is moving off the NetApp Board. Tom Georgens, 53, CEO, has been elected chairman, amidst a 600 person layoff. Lead Director Nicholas G. Moore, 72, former Global Chair and CEO of PwC and Coopers & Lybrand is retiring. Replacing him is former McKinsey Managing Director, T. Michael Nevens, 65.
Harris Corporation CEO William M. Brown, 50, adds chairman to his responsibilities and Thomas A. Dattilo, 62, former Chair and former CEO, Cooper Tire & Rubber Company is now lead independent director.
Demandware Combines Chairman and CEO Roles: Demandware elected its CEO Tom Ebling, 58, as Chairman and Len Schlesinger, 61, HBS Baker Professor as Lead Independent Director. Stephan Schambach, 43, Demandware’s founder, remains on the board as Chairman Emeritus. EVP and COO Jeffrey Barnett, 51, will also join the Demandware’s Board.
Demandware also added a new CFO, Timothy M. Adams, 54, formerly of athenahealth, while Scott J. Dussault, 43, the former CFO, remains as an advisory capacity for a period of time.
For more information, please see the full 2015 Update