January 19th, 2020

Happy New Year and welcome to our Annual Technology CFO Newsletter, summarizing the 2019 appointments and open roles as of the end of the year.

We are now working on trends for 2019 Board changes in tech companies.

Summary Trends

There are currently 36 Open Tech CFO Roles in US & Canada after all the shuffles last year. There have been 231 CFO appointments in the technology domain in US & Canada in 2019.

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Themes in the Giant Tech Reorgs:

  • Acquisitions: Vantiv acquires WorldPay. Sprint/T-Mobile US Merger; failed acquisition of Qualcomm.
  • Deals with Investors (activist or not): Akamai, Ericsson, uber.
  • Disappointing Results: Micro Focus, BT Group.
  • Other: F5 Networks (growth), Nuance (long term CEO transition), Vodafone (surprise), InfoSys (whistle blower).

Apple Steals Machine Learning and AI Star from Google 

Apple Music Promotes Two

Apple has hired Google's former head of search and artificial intelligence John Giannandrea to lead the company's 'machine learning and A.I. Strategy.

The giant also has appointed International exec Oliver Schusser as VP of Apple Music and international content to oversee its music streaming business, relocating from the UK to California for the new position. With Oliver’s promotion, Apple marketing executive Tracey Hannelly will lead International for Apple music, which services 155 markets. She joined the company in 2007 beginning in Australia and New Zealand.

 Amazon Studios Hires NBC Chief as a New Head

NBC Entertainment President Jennifer Salke has been named head of Amazon Studios. Salke will oversee all television and film production for Amazon's entertainment arm.

Board Changes

Facebook board: Jan Koum, 41, CEO of WhatsApp stepped down from the board over significant disagreements over privacy issues.

Joining Akamai’s board is Amazon’s CISO - Tom Killalea, 49.

LogMeIn has named Sara Andrews, SVP and Global CISO of PepsiCo to the company’s board of directors.

  • Samsung Electronics Announced the Launch of The Samsung Design Innovation Center (SDIC). SDIC, a design lab dedicated to the integration of disruptive user-experiences to product design.
  • Microsoft names Rajesh Jha to lead Experiences & Devices as EVP. The word Windows is dropped from the title, but the role includes Windows, Office, third-party applications and devices on an integrated 365 Experience.
  • Cisco names Salesforce executive Maria Martinez, 60, joins Cisco as EVP and chief customer experience officer. She’s also held a number of leadership positions at Microsoft, Motorola, AT&T as well as CEO of the start-up, Embrace Networks. 

Satya Nadella’s Great First Year as Microsoft CEO

Microsoft appointed company veteran Satya Nadella, 46, as CEO and board member. Bill Gates, 59, assumed a new role on the Board as Founder and Technology Advisor. John W. Thompson, 64, formerly CEO of Symantec, was named Chairman. 

Thursday, 15 January 2015 01:41

Top 10 Leadership Trends for 2015 in Tech Sector

Written by

Trend 1 - Activist Shareholders & Protecting Star Execs

  • Activist Shareholders: Shareholder activism has rapidly changed how corporate America thinks. Yahoo, eBay, HP all took actions after strong activist shareholder pressure. It has not worked out so well yet for Carl Icahn with Nuance communications, but the story is still being written.
  • Microsoft CEO Search: rumors of the Microsoft CEO Search targeting Mark Hurd at Oracle and Steven Mollenkopf at Qualcomm may have precipitated the CEO promotions of Hurd and Mollenkopf.

A look at executive compensation pay-levels and practices in recent IPOs in human capital intensive industries

The 2013 IPO Executive Compensation Study by consulting firm Connell & Partners, a division of Arthur J. Gallagher, provides insight into how recent IPOs in the high technology, biotechnology and alternative energy arenas (all human capital intensive industries) modify the structure of their executive compensation levels and practices as they transition to a publically traded company. The study is comprised of 46 companies that went public in the year 2011 and have since released proxy data for that year.  Jack Connell, Managing Director of Connell & Partners, looked at the compensation levels and practices in the year of their IPO and the previous year, to examine the changes.  The report examines the CEO, CFO and Head of Sales Positions as these were the three most prevalent positions listed.  It also looked at bonus plan, long-term incentive and severance and change-in-contol practices. To have a quick look at the study Click Here.

Monday, 09 January 2012 14:08

Vell Executive Search Update

Written by

January 2012

Read about Second Half 2011 Technology board and executive moves
Two of the largest technology companies in the world—IBM and HP—now have female CEOs. Yahoo named PayPal President Scott Thompson as the company's new CEO.

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