NCR Names Frank Martire as Executive Chairman and Michael Hayford as CEO
NCR Corporation has named Frank Martire, 69, as Executive Chairman. Martire most recently served as non-executive chairman of FIS till last year. He served as CEO of FIS after acquisition of Metavante, where he served as CEO before the acquisition.
Broadcom Announces Board Changes
American fabless semiconductor company Broadcom appointed Check Kian Low as an independent director of the company and as the company's required Singapore resident director. Low will replace Lucien Y.K. Wong as a director on the Board, whose previously announced resignation from the Board. Low, 57, was one of the founding partners and a director of NewSmith Capital Partners.
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.
VMware Announces Multiple Leadership Changes
VMware announced an expanded focus on communication service providers (CSPs) and telecommunications carriers (telcos), and the promotion of Shekar Ayyar to EVP and General Manager, Telco Group. Ayyar holds more than 15 years of senior leadership experience in enterprise software, communications and semiconductors.
Samsung Electronics Vice Chairman Jae-Yong Lee Joins Board
Samsung Electronics approved the nomination of Vice Chairman Lee Jae-yong to the electronics giant's board of directors. The approval enables the 48-year-old Lee, the only son of the ailing Samsung Electronics Chairman Lee Kun-hee, to more actively participate and take formal responsibility in the company's important decision-making. The younger Lee joined Samsung Electronics in 1991.
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.
Facebook Hires Google Exec to Head New R&D Group
Facebook hired Google's Regina Dugan to head up a new research and development group focused on hardware, called Building 8, part of a push by CEO Mark Zuckerberg to connect people in new ways, from messaging to virtual reality. Dugan, who leads the Advanced Technology and Products group at Alphabet's Google, is also a former director of the US military's Defense Advanced Research Projects Agency, and will bring DARPA-style development merging products and science to Facebook.
Apple Appoints New Chief Design Officer and Other Design Execs
Jony Ive, long-time SVP of Design at Apple, now has the title of Chief Design Officer at Apple. This will allow Ive to hand off day-to-day managerial duties and focus more on items like the design of Apple's retail stores and also aid in the ongoing construction of Apple's new corporate campus.
Microsoft Announces Senior Leadership Changes; Several High Ranking Execs to Leave
Microsoft made changes to its Senior Leadership Team to drive engineering alignment against the company's core ambitions: reinvent productivity and business processes, build the intelligent cloud platform, and create more personal computing.
RBS's ex-boss in US, Ellen Alemany, Joins FIS’ Board
Fidelity National Information Services appoints Ellen Alemany, 58, to its board. A former head of RBS Americas, and Chair and CEO of RBS' Citizens Financial Group, Alemany has more than 35 years of experience in the financial industry. In 2007, Alemany joined as Head of RBS Americas, and Chair and CEO of RBS' Citizens Financial Group, and served as a consultant to the company until her retirement in 2013. Beginning as Area Head of Citibank's NY Leveraged Capital Group, she grew to CEO of Global Transaction Services at the firm and spent five years on the board of Citigroup North America. Alemany began her career in Operations at Chase Manhattan before being recruited to Citibank in 1987. She has served on the boards of ADP since 2011 and CIT Group since early 2014.