Thursday, 19 May 2016 13:54

Technology Board Shuffles to Note: Qualcomm, Yahoo, Twitter, Allscripts & Many More Featured

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Bridgewater Associates Co-CEO Resigns from Qualcomm Board 

Jonathan Rubinstein, 58, a member of the Board of Directors of Qualcomm, is resigning from the Board in order to focus on his new role as co-CEO of Bridgewater Associates. He is former Head of the Global Business Unit at WebOS and SVP of Product Innovation for Personal Systems Group at HP.

Former KPMG Partner Retires from Priceline’s Board         

Howard W. (Skip) Barker, Jr., 68, has informed The Priceline Group that he has decided to retire from the Company's Board. He serves as Treasurer at Senior Services of Stamford. Barker was a Partner of KPMG from July 1982 to September 2002, where he joined in July 1972.

Retired Partner of PwC Retires from Board of Chinese language Internet Search Provider Baidu    

William Decker, 68, will step down from Baidu’s board of directors. Decker is a retired partner of PwC. Prior to his retirement in July 2005, he was the senior partner in charge of PwC’s Global Capital Markets Group.

Yahoo! Announces Board Changes After Agreement with Starboard Value LP

Yahoo! has reached an agreement with Starboard Value and its affiliates under which four new independent directors, Tor R. Braham, Eddy W.  Hartenstein, Richard S. Hill, and Jeffrey C. Smith, Starboard’s CEO and Chief Investment Officer, will join the board.

Tor R. Braham served as Managing Director and Global Head of Technology Mergers and Acquisitions for Deutsche Bank Securities from 2004 until 2012.

Eddy W. Hartenstein is a seasoned media executive with a wealth of executive experience from his time serving as CEO of the Tribune Company, Chairman and CEO of DIRECTV, and Publisher and CEO of the Los Angeles Times Media Group. 

Richard S. Hillis a seasoned senior executive and public company board member who has served as Chairman of Tessera Technologies since 2013, and who previously served as Tessera’s interim CEO.

Jeffrey C.  Smith is a Managing Member, CEO, and Chief Investment Officer of Starboard.

Two current independent directors, Lee Scott and Sue James, have opted not to stand for reelection at 2016 annual shareholder meeting.

Ericsson Witnesses Board Changes

Ericsson elected Kristin S. Rinne, 61, and Helena Stjernholm, 45, as new Board members. Rinne serves as SVP of Architecture and Planning for AT&T. Prior, she served as VP of Technology and Product Realization at Cingular.

Stjernholm is President and CEO of Aktiebolaget Industrivärden. She has 17 years of experience in private equity at IK.

Intuit Appoints Oportun CEO as Director     

Intuit appointed Raul Vazquez, CEO of Oportun, a financial technology company, to its board of directors. Prior to joining Oportun, Vazquez spent nine years at Walmart in various senior leadership roles.

Couple of Autodesk Directors Not to Stand for Re-election 

Autodesk’s two long-standing directors, J. Hallam Dawson, 78, and Per-Kristian Halvorsen, 63, have decided to not stand for reelection to the Board. Dawson is the retired chairman of IDI Associates, a private Latin American investment bank. Halvorsen is the chief innovation officer and a SVP at Intuit.

Twitter Witnesses Board Shuffle

Twitter appointed Hugh Johnston and Martha Lane Fox to serve as members of the Board. Johnston has been Vice Chairman and CFO of PepsiCo. Lane Fox has served as the founder and chair of doteveryone.org.uk, an organization advancing the understanding and use of Internet enabled technologies, and in September 2014 was appointed Chancellor of Open University.

Twitter appointed Debra L. Lee, Chairman and CEO of BET Networks, to serve as a Board member.

Additionally, the Board has appointed Marjorie Scardino as lead independent director. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting.

NetApp Sees Board and Senior Leadership Changes 

Tor Braham, 58, resigned from the Board of NetApp. Braham has been Managing Director and Head of Technology Mergers & Acquisitions at Warburg Dillion Read, a subsidiary of UBS AG since 1997.

Yandex Announces Board Changes    

Yandex announced that the company's Chairman and Director, Alfred Fenaughty passed away on March 26, 2016, at the age of 90. Yandex's Board of Directors has appointed John Boynton, 50, a current non-executive director, to serve as interim Chairman of the Board.

Micro Focus Appoints Long-Time HR Leader as Non-Executive Director

Micro Focus International plc appointed Amanda Brown as a board member. She is currently Group HR Director at Hiscox Ltd. Prior, she held a number of HR roles at Whitbread, most recently as Director of Organization & Learning, spent five years at PepsiCo, after starting her HR career at Mars.

Ubisoft Entertainment Appoints Didier Crespel as Lead Independent Director        

French multinational video game developer and publisher Ubisoft Entertainment created the role of lead independent director, and elected Didier Crespel, 53, to fill this new position. Crespel has sat on Ubisoft`s board of directors as an independent director since November 2013.

Autohome Announces Chairman Changes     

Autohome, the leading online destination for automobile consumers in China, appointed Cynthia Whelan as the Chairman replacing Timothy Y. Chen. Chen will continue to serve as a director. Whelan was appointed Group Executive for Telstra International and New Businesses in September 2015.

TangramCare Co-Founder and CEO to Step Down From Allscripts’ Board 

Anita V. Pramoda, 40, a member of the Board of Directors of Allscripts will not stand for re-election to board. Pramoda is a Co-Founder of TangramCare and serves as its CEO.

Pegasystems Appoints ReachLocal CEO as Newest Director

Pegasystems appointed Sharon Rowlands, 57, as a board member. Rowlands is an accomplished CEO with expertise in digital marketing and more than 20 years' experience growing complex business services and software companies. She joined ReachLocal in 2014 as its CEO and a member of its Board.

Amaya CEO and CFO Not to Stand for Re-Election as Directors        

Amaya announced that CEO David Baazov and CFO Daniel Sebag won't stand for re-election as directors. Amaya Gaming has confirmed that its top two executives are named in an investigation by Quebec’s financial market watchdogs Autorité des Marchés Financiers (AMF), relating to trading activity of the company’s stock ahead of the $4.9 billion PokerStars takeover in June 2014.

Telecom and Broadband Expert Leaves Synchronoss Technologies’ Board  

Charles E. Hoffman, 67, a director of Synchronoss Technologies does not intend to run for re-election to the board. Hoffman served as CEO and President of Covad Communications Group from 2001 to 2008. Hoffman has more than 30 years of telecom and broadband experience.

Betsy Atkins Resigns from Polycom Board

Betsy Atkins, 62, has resigned from the Polycom Board of Directors in order to pursue other opportunities including her recent election to the Volvo board. Atkins is an American business executive and entrepreneur. She is known for her early stage investments in Yahoo and eBay in association with the venture capital firm, Baja LLC.

Cray Appoints Retired Coinstar CFO as a Member of the Board

Supercomputer company Cray appointed Brian V. Turner as a member of the Board. Turner previously served as the CFO of Outerwall, formerly Coinstar. Currently, Turner sits on the boards of a number of companies, including MicroVision.

LogMeIn Board Member Not to Stand for Re-election

After ten years of dedicated service to LogMeIn as a member of the company's board of directors, Irfan Salim, 62, notified the Board of his intention not to stand for re-election. Salim served as the CEO of MarkMonitor since October 2006 and served as its President.

Battery Ventures’ General Partner Resigns as Marketo Director

‎General Partner at Battery Ventures Neeraj Agwaral, 43, a director of Marketo informed the company that he will not stand for re-election to the Company's Board of Directors.

Boohoo.com Appoints Entrepreneur and Businesswomen as Non-Executive Director        

eCommerce brand Boohoo.com plc named Sara Murray as non-executive director. Sara is a serial entrepreneur who has successfully started, grown and sold three technology companies - Ninah Consulting (sold to ZenithOptimedia, a subsidiary of Publicis Groupe in 2003); Inspop (owner of Confused.com, the online insurance marketplace which was sold to Admiral Group in 2002); and Buddi, the leading remote health and location monitoring technology business in 2005.

Dropbox Appoints Qualcomm's Paul Jacobs as Board Member

Dropbox added Qualcomm executive chairman Paul Jacobs, 53, to its board. As former CEO of chipmaker Qualcomm, he has deep experience in the mobile sector. He had been the CEO of Qualcomm from 2005 to 2014, and previous to that date served as the Group President of Qualcomm Wireless and Internet Group from 2001. Jacobs started with the company as an engineer in the wireless technology development group in 1990.

Square's Board Member Resigns

Magic Johnson, 56, the retired professional basketball player and NBA legend, has stepped down from the board of Square, to focus on a new development firm he launched to capitalize on President Obama's promise that the federal government will spend trillions on U.S. infrastructure upgrades over the next decade.

Date Range: April 1st - May 17th

Read 2297 times Last modified on Monday, 27 July 2020 12:50
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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