Breaking News (102)

Target Hires GM's IT Security Exec Brad Maiorino as SVP & CISO after Massive Data Breach Last Year

Target has hired Brad Maiorino as SVP & Chief Information Security Officer. Maiorino will be responsible for Target’s information security and technology risk strategy helping to ensure that the company, its guests and team members are protected from internal and external information security threats. He will report to Bob DeRodes, the newly appointed EVP and CIO. Maiorino comes to Target from General Motors where he was the company’s Chief Information Security and Information Technology Risk Officer.

Nokia Promotes Networks Head Rajeev Suri as CEO 

Nokia named Rajeev Suri, 46, as CEO, replacing Risto Siilasmaa, 47, who had served as the interim CEO since Microsoft’s acquisition of Nokia's handset division last September. Siilasmaa also serves as Nokia's chairman. He assumed the interim CEO role when Stephen Elop, 50, joined Microsoft as head of its devices group.

Target Hires Former Homeland Security Tech Adviser as New CIO after Massive Data Breach Last Year 


Target has named Robert P. “Bob” DeRodes, 62, as its new EVP & CIO. He replaces Beth M. Jacob, 51, who abruptly left in early March, after a massive data breach last year. DeRodes assumes responsibility for Target’s data security efforts, as well as the development of Target’s long-term IT and digital roadmap. He has been a senior IT advisor for the Center for CIO Leadership, the U.S. Department of Homeland Security, the U.S. Secretary of Defense, and the U.S. Department of Justice.

Mozilla CEO Resigns After Ten Days Due to Gay Marriage Controversy

Brendan Eich has resigned after only ten days in his position as CEO of Mozilla following protests over his support of gay marriage ban in California. He was criticized for a $1,000 contribution he made in 2008 backing Proposition 8, a constitutional amendment that banned same-sex marriages. Public outcry for Eich’s resignation was led by dating website OkCupid, which encouraged users to boycott the Firefox web browser made by Mozilla. In a personal blog post, Eich stated "There are concerns about my commitment to fostering equality and welcome for LGBT individuals at Mozilla" as one of the reasons for his departure.

Symantec Terminates CEO; Appoints Board Member as Interim Leader 

Symantec appointed board member Michael Brown as interim president and CEO, following the termination of Steve Bennett as the company's president and CEO and his resignation from Symantec's board. A special committee of the board will immediately begin the search for a permanent CEO with the assistance of a leading executive search firm. Steve Bennett was named Symantec’s CEO in July 2012. Prior to that, Bennett joined Symantec’s board in February 2010, and was chairman from 2011 to 2013.

Thursday, 06 March 2014 02:19

Breaking News: Salesforce’s CFO to Retire

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Salesforce’s CFO Graham Smith Intends to Retire; Another Top-level Departure Seen Last Month

Graham Smith, 53, intends to retire from his position as EVP and CFO of salesforce.com. Before joining salesforce.com in December 2007, Smith served as CFO of Advent Software, the software and services provider to the investment management industry. Prior to Advent, Smith was CFO of Vitria Technology, CFO for Nuance Communications, and spent 11 years at Oracle in a variety of senior finance roles, lastly as VP of finance for worldwide operations.

Tony Bates & Tami Reller Leaving; Company Appoints New Chief Strategy Officer & Other Senior Leaders

EVP of Microsoft’s Business Development and Evangelism group and former Skype CEO Tony Bates and EVP, Marketing Tami Reller are leaving the company. Head of Microsoft's advanced strategy, Eric Rudder, will take up Bates' duties on a temporary basis, while continuing in his current role. Marketing executive Chris Capossela will replace Reller. 

EVP Satya Nadella Becomes CEO of Microsoft; Lead Independent Director John Thompson Named Chairman

Microsoft appointed Satya Nadella, 46, as CEO and member of the Board. Nadella previously held the position of EVP of Microsoft’s Cloud and Enterprise group. Since joining the company in 1992, Nadella has spearheaded major strategy and technical shifts across the company’s portfolio of products and services, most notably the company’s move to the cloud and the development of one of the largest cloud infrastructures in the world supporting Bing, Xbox, Office and other services. 

Symantec Appoints Cisco SVP Sheila Jordan as New CIO

Symantec appoints Sheila Jordan as its new CIO. Jordan is currently SVP of Communications and Collaboration IT at Cisco, where she has worked for nine years. In addition, Jordan had global responsibility for Cisco.com, the company's gateway for information to customers, partners, analysts, the news media, and new recruits. Jordan joined Cisco in 2005 from Walt Disney World, where she was SVP of Destination Disney. She serves as a director for NextSpace, a provider of innovative physical and virtual infrastructure for entrepreneurs, and sits on the CIO Advisory Board for SnapLogic. 

Thursday, 16 January 2014 08:24

Trending: Yahoo! COO Henrique De Castro Set to Leave

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Yahoo! COO Henrique De Castro Resigns; Ops Division Restructured

After 15 months on the job, Yahoo!’s COO Henrique de Castro, 48, is leaving. De Castro was the first major hire by Yahoo! CEO Marissa Mayer and was responsible for strategic and operational management of Yahoo!'s sales, operations, media and business development worldwide.