Microsoft's Applications and Services Group EVP Dr. Qi Lu Steps Down; New MD for India Lab Appointed
Dr. Qi Lu, the EVP in charge of Microsoft's Applications and Services Group, is leaving the company due to health reasons. Dr. Lu was previously the president of the Online Services Division, where he led the company’s search, portal and online advertising efforts. He spent 10 years at Yahoo before joining Microsoft in 2008. Many of Lu’s duties will be taken over by Rajesh Jha, a corporate VP who has been leading Microsoft’s Outlook and Office 365 efforts.
Facebook Taps Snapdeal’s Chief Product Officer
Facebook has appointed former Chief Product Officer at Snapdeal and Bharti Airtel, Anand Chandrasekaran for its Messenger platform. In a global role, Chandrasekaran will be working out of the Silicon Valley headquarters of the company and will help develop strategies and partnerships for the platform that already boasts of a billion users globally. Chandrasekaran, who served as the senior director of mobile and search products at Yahoo between 2011 and 2014, worked with Airtel and Snapdeal in India in the past two and a half years.
Wells Fargo’s CIO to Retire; Company Restructures Technology & Operations Group and Names New CTO
Wells Fargo & Company announced that Senior EVP Kevin Rhein, who serves as CIO and head of the Technology & Operations Group (TOG), and as a member of the company’s Operating Committee (OC), will retire at the end of March 2016 after more than 37 years with the company.