Breaking News (102)

EMC Appoints Former Apple Executive Zane C. Rowe as CFO 

EMC named Zane C. Rowe, 43, as its EVP and CFO, succeeding David I. Goulden, 54, who will remain at the company as CEO of EMC Information Infrastructure. Goulden has been serving in a dual role since July 2012. Rowe most recently served as Head of Apple’s North America Sales joining the company in 2012. 

Hewlett-Packard to Split into Two Companies – HP, Inc. and HP Enterprise

Hewlett-Packard plans to break in two, separating its printing and personal systems businesses from its corporate hardware and services operations. The company will cut another 5,000 jobs in the process of carrying out the breakup. Meg Whitman, 57, is slated to be chairman of the PC and printer business, to be known as HP Inc., and CEO of the other company, to be called Hewlett-Packard Enterprise. 

Visa CEO and Kraft Foods’ CFO Join Microsoft’s Board; Couple of Long-Time Directors Leave

Visa’s CEO Charles W. Scharf, 49, and Kraft Foods’ EVP and CFO Teri List-Stoll, 51, are joining as board members of Microsoft. Scharf has served as CEO and a director of Visa since November 2012. Previously, he was a Managing Director of One Equity Partners, the private investment arm of JPMorgan Chase, CEO of Retail Financial Services at JPMorgan Chase, CEO of the retail division of Bank One Corporation, CFO of Bank One, CFO of the Global Corporate and Investment Bank division at Citigroup, and CFO of Salomon Smith Barney.

Larry Ellison Steps Down as Oracle CEO‏ to accept Chairman and CTO Roles; Mark Hurd and Safra Catz Named Co-CEOs 

Lawrence J. “Larry” Ellison, 70, is stepping down from his position as CEO of Oracle, to become the company's Executive Chairman and CTO. Oracle promoted both Co-Presidents Safra Ada Catz, 52, and Mark Vincent Hurd, 57, as Co-CEOs, to replace Ellison. Jeff O. Henley, 69, Oracle’s Chairman for the last 10 years, was named Vice Chairman.

Red Hat CTO Resigns Abruptly; Now Joins Google as VP, Cloud Platforms 

Brian Stevens, 50, who stepped down as EVP and CTO of Red Hat recently, has joined Google to lead its cloud platforms. Stevens had been with Red Hat since 2001. Stevens served as the CTO and VP of Engineering of JBoss, a division of Red Hat. Before joining the company, he had been the CTO at Mission Critical Linux, and a senior Architect at Digital Equipment Corporation (DEC), where he worked on Digital's UNIX operating system. 

Google Exec Megan Smith Named U.S. CTO; Former Twitter Lawyer Alex Macgillivray Will Serve as Deputy U.S. CTO

Megan Smith, 50, the VP of Google’s secretive research lab Google X, will be America’s next CTO. Smith would be succeeding Todd Park, 41, the former U.S. CTO who recently stepped down to take the technology adviser position for President Barack Obama. Before her last role at Google, Smith was VP of BD and Head of Google.org previously. Before Google, Smith worked for Apple and Planet Out, a site dedicated to the LGBT community.

Brian Stevens to Step Down as CTO of Red Hat

Brian Stevens, 50, will step down as EVP and CTO of Red Hat. In the interim, the office of the CTO will be managed by Paul Cormier, President of products and technologies at Red Hat. Stevens had been with Red Hat since 2001. Stevens served as the CTO and VP of Engineering of JBoss, a division of Red Hat. Before joining the company, he had been the CTO at Mission Critical Linux, and a senior Architect at Digital Equipment Corporation (DEC), where he worked on Digital's UNIX operating system. 

LogMeIn Names Steven Chambers and Marilyn Matz to Board 

LogMeIn has named Steven Chambers, 52, and Marilyn Matz, 60, to the company's board of directors. Most recently, Chambers served as President, Worldwide Sales and Marketing, at Nuance Communications. Earlier, Chambers served as President of Nuance’s Mobility and Consumer Services Division, President of Enterprises Division, President of SpeechWorks Solutions BU, joining Nuance in 2003 as GM of Networks BU through SpeechWorks acquisition, where he was CMO. In addition to LogMeIn, Chambers currently serves on the board of CallMiner, speech analytics software provider to call-centers, and Jibo, the provider of the world's first consumer social robot.

VMware Appoints CFO Jonathan Chadwick as Co-COO; to Work Jointly With Carl Eschenbach

VMware appointed CFO Jonathan Chadwick to the expanded role of COO. Carl Eschenbach, VMware’s President and COO is also taking on an expanded role within VMware, with the addition of the Corporate Strategy and Business Development function moving into his organization. Chadwick and Eschenbach will share the office of COO. 

Electronic Arts Appoints Bing Founder and eBay Executive as CTO

EA has appointed Bing founder and eBay executive Ken Moss as its new CTO, to lead the organisation and strategy for EA’s Digital Platform and IT divisions. He replaces former CTO Rajat Taneka, who left the publisher last year to join Visa. Moss most recently worked at eBay, where he led the Marketplace Technology, Science and Data group.