Giant Tech Companies (74)

Wednesday, 13 June 2018 08:24

Trends in Exec & Board Changes in Tech Companies

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Giant technology companies have had plenty of action with their leadership teams in the first half of 2018. This is the first of a two part series:

In this Edition

    Trends for Boards & Exec

  • Tech Hot Topics: AI, AR/VR, IoT and many others
  • Consumer Experience and Disruptive User Design
  • Security, Data Protection and Privacy

    Mammoth Company Changes

    The Big Re-Organizations

Also please look at Part 2 - Tech Company Board Appointment Trends, which will be posted on our blog and on our LinkedIN articles.

We welcome any feedback and insights you may have.

All the best,

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Much activity happened in the past three months or so in the Giant Tech Companies. We have categorized these in roughly three categories: 

  1. Multiple complex changes, due to either massive restructurings, promotions from within, activist investors or stock troubles;
  2. Board and CEO changes or other Significant changes
  3. Changes by functional area: Presidents/COO/GMs, Sales, Marketing , Product and CFOs.

Board Appointments and Departures at Giant Tech Companies
Activist Investor Not to Seek Re-Election to Microsoft Board; PepsiCo CFO to Join as Director. D. Mason Morfit, 41, ValueAct Capital’s President and Chief Investment Officer, will not seek re-election to Microsoft’s board. Hugh Johnston, 55, vice chairman and CFO of PepsiCo, joins as Director.

Intel elected Andrew Wilson, CEO of Electronic Arts, to board; Senior Leader Stacy Smith to Retire from Executive as well as Board Role. Wilson, 43, joined EA in May 2000, and has served as the company’s CEO and a director of EA since September 2013. 
Smith, 54, group president of manufacturing, operations and sales, is retiring after more than 30 years at the company. Smith will stay on board through the end of January.

Executive Chairman John Chambers, 68, not to stand for re-election to Cisco’s Board. CEO-Chair Roles Combined. The Board plans to appoint Cisco CEO Chuck Robbins, 49, to serve as chairman when Chambers' term expires in December 2017. John will also be given the honorary title of Chairman Emeritus. Chuck Robbins assumed the role as Cisco CEO in 2015. 

In the past couple of months, there are several companies that have multiple announcements, which we cover below. Some of the patterns:

  • Multiple heads of India; lots of regional appointments 
  • Chief People Officers or senior HR leaders with Diversity as a primary domain and 
  • Many analytics appointments

Note: We covered Uber Technology Changes in a separate blog post as Uber itself has had too many changes

Board Announcements (one announcement)

  • Alphabet Appoints Google Chief Sundar Pichai, 45, to its Board.
  • Texas Instruments Appointed its COO Brian T. Crutcher, 44, to Board.
  • PayPal Appoints Media Exec and President, BBC Worldwide Ann Sarnoff, 55, to its Board of Directors.

Microsoft Appoints New VP for Its Asia Pacific Operations

Microsoft appointed Andrea Della Mattea as its new VP of its Asia Pacific operations. Andrea Della Mattea joins Microsoft from Insight Enterprises. As the new VP of the Asia Pacific region, Della Mattea will lead Microsoft's business across the region, including over 2,000 employees and more than 11,000 Microsoft certified partners.

 

Apple Hires Shiva Rajaraman to Boost its Video and Music Strategy

In a bid to boost its video and music strategy, Apple has hired former YouTube and Spotify executive, Shiva Rajaraman. Rajaraman spent 8 years at YouTube, working to secure licensed content from companies like Disney for streaming.  After his tenure at YouTube, Rajaraman spent two years at Spotify working on its video and podcasting efforts, licensing content from Time Warner, Disney and NBC.

Microsoft Promotes Regional Leader to New Global Digital Transformation Role; Appoints New MEA Region President

Microsoft has appointed Ali Faramawy to the newly announced global role as the head of the Emerging Markets Digital Transformation Organization which has been established within Microsoft. He has headed the Middle East and Africa (MEA) region for thirteen years, most recently as President. 

Microsoft Names LinkedIn’s Kevin Scott as CTO

Microsoft has named Kevin Scott to a newly created role of CTO for the company. This is an expansion of Scott's new role at LinkedIn as SVP of Infrastructure. Prior to his role as SVP of Engineering and Operations at LinkedIn, Scott held a number of engineering leadership roles at Google and AdMob. While pursuing a Ph.D. in computer science at the University of Virginia, Scott was an intern with Microsoft Research in 2001. Scott is an adviser to several Silicon Valley startups, an active angel investor and founder of the nonprofit organization Behind the Tech.

Facebook CAO Decides to Resign; Company Appoints Former NBCUniversal Information Chief 

Jas Athwal notified Facebook of his decision to resign from his position as the company’s Chief Accounting Officer after nearly nine years with the company. Athwal will continue to serve as the company's CAO until the company completes its year-end audit and file its Annual Report.

Alibaba Appoints Former McKinsey Exec to Oversee Strategy and Investment Team in India

Alibaba appointed Madhur Deep as its SVP. In his new role, Deep will take care of strategy and investment team in India at Alibaba. Prior to this appointment, Deep worked for McKinsey as its Senior Engagement Manager.