Rob Hetherington has been appointed as the new global head of the Financial Services Industries organization of SAP. Previously, Hetherington served as general manager of the financial services business for SAP in Europe, the Middle East and Africa (EMEA). As a result of Hetherington's appointment, Laurence Leyden will take over as general manager for the financial services business in EMEA with immediate effect.
SAP announced that Stefan Ries and Steve Singh will become the newest members of the Executive Board of SAP. Stefan Ries will continue in his role as chief human resources officer and also take on the position of SAP labor relations director. Steve Singh will remain head of the business network group within SAP, consisting of SAP Ariba, SAP Fieldglass and Concur. He will continue as CEO of Concur, which was acquired by SAP in 2014. Stefan Ries was appointed to the Global Managing Board of SAP SE in May 2014. Steve Singh has served as CEO of Concur since 1996 and was named to the Global Managing Board of SAP SE in January 2015.
SAP appointed a new CEO in Russia and CIS. Vyacheslav Orekhov, who has held this post since 2014, will be replaced with Pavel Gontarev. Gontarev has been with SAP for 12 years. Prior to his recent appointment, he served as Deputy CEO. Orekhov will continue working with the company in the Asia-Pacific region.
VMware Goes Through Major Leadership Shuffle
Carl Eschenbach, president and COO, has resigned from his operational role to pursue a new career opportunity. Eschenbach's current responsibilities will be assumed by other members of VMware's leadership team.
VMware appointed Maurizio Carli to EVP, worldwide sales, responsible for Americas, APJ and EMEA as well as pre-and post-sales engineering, and all worldwide channels. Carli most recently led VMware's Americas region. Prior to that, Carli spent seven successful years leading the EMEA region. Carli also spent five years at Business Objects as SVP and general manager, EMEA, and 19 years at IBM.
Peter McKay will lead the Americas field organization moving forward. McKay most recently led the Americas Enterprise Segment and previously was COO for the Americas. He joined VMware as part of the Desktone acquisition in 2013.
Ray O'Farrell has been promoted to EVP and will be expanding his role as CTO and chief development officer to include responsibility for VMware's Global Services and Support, giving O'Farrell purview over VMware's entire customer product experience.
Sanjay Poonen, EVP and general manager, End-User Computing, will expand his role to also lead the company's worldwide marketing and communications functions. Poonen joined VMware in 2013 to lead the End-User Computing business, and previously held executive and general management positions at SAP, Symantec, Informatica, and engineering roles at Apple, and Microsoft.
VMware appointed Dr. Rajiv Ramaswami as General Manager and EVP of its Networking and Security Business. Ramaswami will replace Martin Casado. Casado will pursue a new career opportunity and will also be retained as an external VMware strategic advisor supporting the company in numerous ways.
Ramaswami most recently served as EVP and general manager of the Infrastructure & Networking Group of Broadcom Corporation. Prior to Broadcom, Ramaswami was VP and general manager of the Cloud Services and Switching Technology Group at Cisco.
Salesforce Appoints Former European Commissioner to its Board of Directors
Salesforce named Neelie Kroes, 74, a former European Commissioner, to its Board. Kroes is former VP of the European Commission, European Commissioner for Competition, and European Commissioner for Digital Agenda. Kroes is currently Special Envoy for StartupDelta.
Adobe Announces Board Changes
Kelly Barlow, Michael Cannon and Robert Sedgewick informed Adobe Systems Incorporated of their decisions not to stand for re-election to Adobe's Board of Directors at the company's 2016 Annual Meeting of Stockholders. Messrs. Barlow, Cannon and Sedgewick will continue to serve as directors until the Annual Meeting. Adobe's board also reduced its size to ten members, effective upon the commencement of the Annual Meeting..
Ellen R. Alemany Intends to Resign from Board of ADP
American banker and former Chairman and CEO of RBS Citizens Financial Group and RBS Americas Ellen R. Alemany, 60, notified the Board of Automatic Data Processing, that she will not stand for re-election as a director of the company at the end of her current term.
Intuit Exchanges Unit Leaders
Intuit announced that Dan Wernikoff, EVP and general manager of Intuit’s Small Business Group, will become general manager of the Consumer Tax Group. At the same time, Sasan Goodarzi, EVP and general manager of the Consumer Tax Group, will take over as head of the Small Business Group.
Palo Alto Networks Appoints Red Hat CFO to Board
Palo Alto Networks appointed Frank Calderoni to the company's board of directors. Calderoni brings more than 30 years of strategic business insight and technology experience. Since June 2015, he has served as EVP, operations and CFO of Red Hat.
Autodesk Appoints Three Directors to the Board
Autodesk appointed to its board was Scott Ferguson, managing partner of Sachem Head, Rick Hill, board chairman of Tessera Technologies (TSRA), and Jeff Clarke, CEO of Eastman Kodak (KODK).
Scott Ferguson is the Managing Partner and Portfolio Manager of Sachem Head. Prior to founding Sachem Head, he spent nine years as a Partner at Pershing Square Capital Management, where he joined as the firm’s first investment professional.
Richard S. Hill currently serves as Chairman of Tessera Technologies and as Director of Arrow Electronics and Cabot Microelectronics. He served as Tessera’s Interim CEO in 2013. He previously served as the CEO and Director of Novellus Systems, until its acquisition by Lam Research in June 2012.
Jeff Clarke is the CEO and Director of Kodak. Prior to joining Kodak, Jeff was a Managing Partner of Augusta Columbia Capital (ACC), a private investment firm he co-founded in 2012.
Symantec Appoints Managing Partner of Silver Lake to Board
Symantec announced in conjunction with Silver Lake’s investment, Kenneth Y. “Ken” Hao, 46, managing partner of Silver Lake, will be appointed to Board of Directors. With his appointment, the Symantec Board will be comprised of ten directors, nine of whom are independent. Hao joined the Silver Lake in 2000. He led the establishment of Silver Lake's offices in China and Japan from 2007 to 2008. Mr. Hao has spent his career as an Advisor in technology companies. Previously, he served as the Managing Director at Hambrecht & Quist Group(Chase H&Q).
VeriSign Announces Retirement of Board Member William L. Chenevich
VeriSign announced that Director William L. Chenevich, 72, has informed the company’s Board of Directors of his intention to retire from the Board at the end of his current term in May 2016. Chenevich has served as a director since Verisign’s founding in April 1995, and was Lead Independent Director from February 2009 to July 2015. He is former Group EVP of VISA International.
Sage Appoints Interim Regional President as President of Sage North America
Sage announced that Marc Scheipe has been appointed as President of Sage North America. Under Scheipe's leadership as interim regional President, the region hit financial targets and completed the first stages of its transformation. He will now take this role on a permanent basis, continuing to sit on the Executive Committee, reporting to the CEO.
Splunk’s SVP, Products to Depart
Splunk’s SVP, Products Guido Schroeder, will depart from the company soon. He was responsible for all of the company's product development and product management and focused on driving product innovation including cloud delivery, developer platform and business user applications. Dr. Schroeder was previously employed as SVP-Development by SAP Labs.
SS&C Technologies Appoints IBM Exec as Managing Director of SS&C Malaysia
SS&C Technologies Holdings appointed Kok Cheong (KC) Hong as the Managing Director of SS&C Malaysia. In his new role, Hong will oversee operations including sales, service delivery and strategic accounts. He brings more than 26 years of experience leading business operations and sales for notable global technology providers and most recently served as Country General Manager for IBM's software group in Malaysia.
Guidewire Software Promotes Americas Sales VP to SVP, Worldwide Sales
Guidewire Software announced that it has promoted Steven Sherry to the position of SVP, Worldwide Sales. Sherry has been instrumental in leading Guidewire's Americas Sales team to unprecedented success over the past decade. As Group VP - Americas Sales, he managed sales activities throughout the United States, Canada, and Latin America. Prior to his role at Guidewire, he served as Area VP for Oracle where over a nine year period he established an exceptional track record of business growth and team leadership. Prior to Oracle, Sherry served as VP, Worldwide Sales for Siemens.
PTC Appoints Marketo CEO to its Board
PTC appointed Phil Fernandez to its Board of Directors. Fernandez is CEO and Chairman of the Board of Marketo. In this role, he sets the vision for the company and drives operational excellence and Marketo's commitment to its core values.
Fair Isaac Corporation Announces Board Changes
FICO announced that board director Braden R. Kelly, 44, will succeed A. George (Skip) Battle, 71, as chairman of the board. Kelly has served as a director since February 12, 2013. Kelly is an Investment Partner at Health Evolution Partners since July 9, 2013.
Battle, who will continue to serve on the board, was elected chairman in 2002.
FICO also elected Mark W. Begor, 57, as a director of the company. Begor served as the CEO and President at GE Energy Management until October 1, 2015. Before that, he was President and CEO of GE Real Estate (also known as GE Capital Real Estate).
The company also announced that Duane E. White, 59, has retired from the board, after serving since February 2009.
Tech Data Appoints VMware Exec as VP of Dell Solutions Group Division
Tech Data Corporation has appointed Sid Earley to VP, Dell Solutions Group within the company's Advanced Infrastructure Solutions (AIS) division. In this new role, Earley is responsible for the strategic direction and go-to-market execution of Tech Data's unified Dell, EMC, and VMware solutions teams. Earley joins the company with more than 20 years of experience in the technology industry. Most recently, he served as senior director, Global Partner Solutions at VMware for five years.
Ellie Mae Appoints VP of Partner Development to Manage Network Partnerships
Ellie Mae announced that Bob Hart has joined the company as VP of Partner Development. In this role, Bob will be responsible for managing Ellie Mae Network partnerships as well as identifying and building strategic partner initiatives. Prior to joining Ellie Mae, Bob held varying roles for ClosingCorp over an eight-year period including SVP of Business Development, VP of Strategic Partnerships, VP of Sales and Business Development and Director of Sales and Operations. Prior to that, he was the Sales and Operations Director for 220 Marketing and served as Sales Manager for Z57 Internet Solutions.
Pegasystems Announces Couple of Executive Appointments
Pegasystems appointed Jeff Nicholson as VP of Product Marketing, Customer Relationship Management (CRM), and John Williams as VP and Business Line Leader for Insurance. Nicholson joins from Kitewheel, where he was VP of Marketing and drove go-to-market strategies as well as product and company positioning.
At Pegasystems, Williams will drive the go-to-market strategy and execution for applications in the insurance market. He joins from Tower Group, where he held roles including SVP, CIO, and Head of Corporate Initiatives supporting business development and growth.
BroadSoft Appoints Board Members with Deep Technology, Financial, and Human Resource Expertise
BroadSoft announced that Jane Dietze and Eva Sage-Gavin have been elected to the Board of Directors. Since December 2013, Dietze has been a managing director at Brown University's Investment Office. Earlier in her career, she was a managing director of Fortress Investment Group.
Sage-Gavin is Vice Chairman of the Aspen Institute's Skills for America's Future Advisory Board and a member of the UpSkill America Coalition, working directly with senior White House leaders, community colleges and corporations to build skilled workforces. She serves as a Senior Advisor at the Boston Consulting Group.
Former MarkMonitor CEO Intents Not to Stand for Re-Election as a Member of Board of LogMeIn
After ten years of dedicated service to LogMeIn as a member of the company's board, Irfan Salim notified the Board of his intention not to stand for re-election as director. Salim is former CEO of MarkMonitor.
Marketo Makes C-Suite Shuffles
Marketo appointed Frederick Ball as EVP & Chief Administrative Officer, Brian Kinion as SVP & CFO, and Jason Holmes as EVP & COO. Prior to these appointments, Ball served as the Company’s CFO, Kinion served as the Company’s Group VP, Finance, and Holmes served as the Company’s Chief Customer Officer.
Kinion, 49, joined the Company in July 2013. He served as Group VP, Finance from November 2014 to March 2016, and served as VP, Finance from July 2013 to November 2014. Prior to this position, Kinion was most recently the VP Global Controller, Cloud Revenue Operations at SuccessFactors, a cloud-based software company acquired by SAP SE in 2011, and since 2007 oversaw SuccessFactors’ accounting and external reporting departments, as well as other certain other of SuccessFactors’ operations.
Epiq Systems Names Cerner Co-Founder and Former Thomson Reuters Legal Business President to Board
Epiq Systems appointed Cerner co-founder Paul Gorup and former Thomson Reuters legal business president, Michael Suchsland, 55, to Epiq's Board of Directors. Gorup and Suchsland will replace James A. Byrnes, 68, and Charles C. Connely, IV, 67, who will retire from their roles as directors.
The company also selected Douglas M. Gaston to succeed W. Bryan Satterlee as lead independent director.
Gorup is a co-founder and former chief of innovation of Cerner. In 1987, he left Cerner and co-founded Broadcast Data Systems (BDS). He returned to Cerner in 1999 and launched the company into new markets with data services and later analytics solutions for life sciences, biosurveillance technology and medical devices.
Suchsland is currently a principal at Joplin Consulting, a firm he founded in 2014, which serves private equity firms and companies in information, software and services. He was president of Thomson Reuters’ legal business segment from 2012 to 2014. Prior to that, he was SVP, then president, of Thomson Reuters’ corporate/government/academic business.
Date Range: February 18th - March 23rd