Breaking News (102)

Friday, 26 April 2013 01:50

Breaking News: Microsoft CFO to Leave (4/26 2013)

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Microsoft CFO Resigns; Replacement to be Announced from within Company Ranks

Microsoft CFO Peter Klein, 49, will leave the company, after nearly four years in role and 11 years at the company. Microsoft will be naming a new CFO from its finance leadership team. Prior to being named Microsoft CFO, Klein served as Corporate VP and CFO of Microsoft's Business Division (MBD), overseeing the financial performance of the division which includes the Microsoft Office System, Unified Communications, Microsoft Business Solutions and other businesses. Before joining MBD in 2006, Klein was CFO of Microsoft's Server & Tools Business Group (STB). He joined Microsoft in 2002.

HP Chairman Steps Down, Two Board Directors to Leave

Hewlett-Packard’s Chairman Ray Lane, 66, is stepping down from his role as Chairman. He continues as a director on the board. Ralph V. Whitworth, 57, will step into the role on an interim basis as the board searches for a permanent replacement.

Google Breaks Up Mapping and Commerce Unit; Android Sees Leadership Changes

Google is breaking up the unit that formerly combined mapping and commerce. SVP, Commerce & Local, Jeff Huber, is now SVP, Google X, the unit run by Google co-founder Sergey Brin that's working on projects such as self-driving car technology and the Google Glass wearable computing device.

Alcatel-Lucent CEO Stepping Down

Alcatel Lucent CEO Ben Verwaayen, 61, is not seeking re-election as a director at this year’s annual general meeting, and will step down as CEO once a successful transition has been executed. Hired in 2008, Verwaayen succeeded Patricia Russo, who was then CEO of Lucent Technologies. Russo was instrumental in merging Lucent Technologies with Alcatel.

Saturday, 29 December 2012 09:16

Breaking News: Allscripts Changes CEOs (12/29 2012)

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Allscripts Changes CEOs; President Steps Down

Allscripts named its board member Paul M. Black, 52, as new President and CEO, replacing longtime CEO Glen Tullman, 54. Black was appointed to the Allscripts’ board earlier this year. Black most recently served as Operating Executive of Genstar Capital, a private equity firm, and Senior Advisor at New Mountain Finance Corporation, an investment management company. Previously, he spent more than 12 years with Cerner in various executive positions, retiring as COO in 2007. Prior to Cerner, Black spent 12 years at IBM in a number of senior sales, marketing and professional services leadership positions.

Akamai Founder Takes Rein as CEO; Company Promotes Other Senior Execs

Akamai Technologies has tapped mathematician Co-founder and Chief Scientist Tom Leighton, 56, as its new CEO, taking over a job held since 2005 by Paul Sagan, 53, who announced plans earlier this year to step down from his role.

CA Appoints Former Taleo Head as New CEO

CA Technologies has named Michael P. Gregoire, 46, as the company’s new CEO and a member of the Board of Directors. He will succeed William E. McCracken, 70, who has served as the CEO since 2010 and is retiring.

Sunday, 25 November 2012 03:32

Breaking News 11/25 2012

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Intel CEO to Retire Earlier than Expected; Successor Not Named Yet

Intel’s President and CEO Paul Otellini, 62, who has been on the job for eight years, will be retiring as an officer and director of the company in May, next year, with years to go before reaching the company's mandatory retirement age of 65. A successor has not been named yet. The company is going to consider both internal and external candidates in a transition expected to last six months.

Friday, 26 October 2012 11:26

Breaking News 10/26 2012

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VMware Appoints New CFO from Microsoft

VMware named Jonathan Chadwick as its new CFO. Chadwick has previously served as Microsoft's Corporate VP and as the CFO of Skype. He replaces Mark Peek, VMware's former CFO, who left the company earlier this year.

Wednesday, 17 October 2012 14:35

Breaking News 10/17/2012

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Yahoo! ropes in Google VP as COO

Yahoo! has hired Henrique de Castro, 47, Google's VP of worldwide Partner Business Solutions, as its new COO. He will be responsible for strategic and operational management of Yahoo!'s sales, operations, media and business development worldwide.