Apple Witnesses Management Reshuffle to Increase Collaboration Across Hardware, Software & Services
Apple has made major management restructuring for its executive team. Among the biggest changes are the immediate departure of retail chief John Browett and a 2013 exit for iOS chief Scott Forstall. As part of the restructuring, Jony Ive, Bob Mansfield, Eddy Cue, and Craig Federighi are all taking on increased responsibilities.
Bell Canada Enterprises Names Former CPP Investment Board CEO as New Director
Bell Canada Enterprises appointed David F. Denison, 60, as a Director of BCE and Bell Canada. Mr. Denison has served as President and CEO of the Canada Pension Plan (CPP) Investment Board. Prior to his appointment to the CPP Investment Board, he was President of Fidelity Investments Canada. He serves as a Director at Royal Bank of Canada (RBC) and as a member of the World Bank Treasury Expert Advisory Committee. He is a director of The United Way of Greater Toronto, and a member of the Toronto Community Foundation Investment Committee and the University of Toronto Investment Advisory Committee.
Former HP CTO Joins Altera Board
Altera Corporation named Shane Robison to the company's board of directors. Mr. Robison served most recently as EVP, CTO and chief strategy officer for HP. Additionally, he held senior executive leadership positions in product development and business management with world-leading technology companies, including AT&T Labs, Cadence Design Systems and Apple.
Intel Veteran Plans to Leave
Sean Maloney, 56, an Intel EVP once seen as a potential candidate to lead the chip maker, plans to retire in January 2013. He suffered a stroke in 2010 that temporarily sidelined him from management roles. But he recovered sufficiently to assume the position of Chairman of Intel China and make public appearances in Asia, where he had long helped to build the company’s relationships with makers and buyers of personal computers. In 2009, Mr. Maloney was named general manager in charge of business operations of the Intel Architecture Group. Mr. Maloney, who is British, joined Intel 30 years ago and held a number of positions in the U.S. and abroad, including chief sales and marketing officer. He was a technical assistant to Andy Grove, then former Intel’s CEO, who helped define many of Intel’s policies and wrote books on management.
Intel Appoints Executive Chairman
Andy Bryant, 61, Intel’s Vice Chairman and Chairman-in-waiting, has assumed the Executive Chairman role. Most recently, Bryant served as the CAO & EVP of Technology, Manufacturing, and Enterprise Services. During his tenure at Intel, he has also served as the Systems Group Controller, VP & Director of Finance for the Intel Products Group, and SVP & CFO of Enterprise Services. Prior to Intel, he held senior roles with Ford and Chrysler.
Eminent Canadian CFO Joins Banking Board
TD Bank Group announced the appointment of Karen Maidment, 52, to its Board of Directors. In the past, Maidment was the CFO & CAO at BMO Financial Group. Prior to that, she held several executive positions with Clarica Life Insurance Company, including CFO. Currently, Maidment serves on the boards of TransAlta, TD Ameritrade Holding, The Princess Margaret Hospital Foundation, and The University of Waterloo. She was also named Canada's CFO of the Year for 2006 by Financial Executives International Canada.
Facebook Exec Joins eBay Board
eBay announced that Katie Mitic is joining the company's Board of Directors. She currently leads Platform and Mobile Marketing for Facebook. Prior to joining Facebook, Mitic served as SVP of Global Product Marketing at Palm, where she oversaw hardware and software product management and marketing. Before Palm, she was the VP & GM at Yahoo! Currently, Mitic serves on the Board of Special Olympics International.