Much activity happened in the past three months or so in the Giant Tech Companies. We have categorized these in roughly three categories:
In the past couple of months, there are several companies that have multiple announcements, which we cover below. Some of the patterns:
Note: We covered Uber Technology Changes in a separate blog post as Uber itself has had too many changes
JPMorgan Chase Appoints Head of Digital for Consumer and Community Banking Division
Dr. Gavin Michael has joined JPMorgan Chase as Head of Digital for Chase's Consumer and Community Banking division. Michael served as the Chief Technology Innovation Officer at Accenture since 2010, where he was responsible for the innovation agenda, technology strategy, and research and development. Prior to joining Accenture in 2010, Michael had a series of senior technology roles at Lloyd's Banking Group, including Retail CIO. He previously held senior roles at National Australia Bank and IBM.
Intel Names Current COO as CEO and Software and Services Head as President
Intel’s COO Brian Krzanich, 52, a company veteran of nearly 30 years, will assume the CEO role replacing Paul Otellini, who is retiring. Krzanich has progressed through a series of technical and leadership roles at Intel, most recently serving as the COO since January 2012. Prior to becoming COO, Krzanich held senior leadership positions within Intel's manufacturing organization. He was responsible for Fab/Sort Manufacturing from 2007-2011 and Assembly and Test from 2003 to 2007. From 2001 to 2003, he was responsible for the implementation of the 0.13-micron logic process technology across Intel's global factory network. From 1997 to 2001, Krzanich served as the Fab 17 plant manager, where he oversaw the integration of Digital Equipment Corporation's semiconductor manufacturing operations into Intel's manufacturing network. Prior to this role, Krzanich held plant and manufacturing manager roles at multiple Intel factories. Krzanich began his career at Intel in 1982 in New Mexico as a process engineer.
Microsoft CFO to Leave
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.
GE Board Nominates Former SEC Chair to Board
General Electric has nominated Mary Schapiro, 57, former chairman of the U.S. Securities and Exchange Commission (SEC), as a GE director. Prior to becoming SEC chairman, Schapiro served as CEO of the Financial Industry Regulatory Authority (FINRA), president, vice-chair and chair of the National Association of Securities Dealers (NASD) Regulation. She served as a commissioner of the SEC before that, and left the SEC when appointed chairman of the CFTC.
Microchip Technology's Investor Relations & BD Leader Retires
Gordon Parnell, Vice President of Investor Relations and Business Development of Microchip Technology, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, will retire. Gordon was a long-time CFO of Microchip, and in 2009, moved to a role of IR and Business Development. He has many long-term relationships with Microchip's investors and analysts. Under Gordon's watch, Microchip completed 10 acquisitions in the last four years, including two large acquisitions - Silicon Storage Technology in 2010 and SMSC in 2012.
Apple Hires Xerox's CFO; VP-Retail Leaves
Apple has hired Xerox’s CFO Luca Maestri, 48, as its Corporate Controller. Prior to Xerox, he served as the CFO of Nokia Siemens Networks. Previously he was VP and CFO, General Motors Europe and General Motors Brazil. He has been a Director of Principal Financial Group since 2012.
F5 Networks Appoints Two Industry Vets to Board
F5 Networks named Sandra Bergeron, 54, and Steve Smith, 55, to its board of directors. Ms. Bergeron is an experienced technology industry executive with a national reputation as an expert on computer security matters. Mr. Smith is CEO, President, and member of the board of Equinix, the global interconnection and data center company.
Former Motorola Exec Named CMO at HTC
HTC appoints new CMO, Benjamin Ho— replacing current CMO, John Wang, who will be stepping down. Jason Mackenzie, currently serving as its president of global sales and marketing, will focus on global sales strategy. Ho was previously VP of business strategy and marketing at Far EasTone Telecommunications, and served as VP and CMO at Motorola Asia Pacific, as well as previously being director at BBDO Greater China, Dentsu and Young and Rubicam International.