JPMorgan Chase Announces CIO Changes
JPMorgan Chase promoted Lori Beer to CIO for corporate and investment banking. She remains managing director of global technology, overseeing banking operations, including investment banking and treasury services. Her predecessor, Mark Ashton-Rigby, is leaving for Barclays Plc.
Former HP Cloud Leader Joins Cisco CTO Role
Cisco named Zorawar Biri Singh as CTO and SVP, Platforms and Solutions. His appointment comes as CTO and Chief Strategy Officer Padmasaree Warrior takes her leave. Singh will be responsible for driving thought leadership around Cisco’s long term technology roadmap, platforms and architectures.
Visa CEO and Kraft Foods’ CFO Join Microsoft’s Board; Couple of Long-Time Directors Leave
Visa’s CEO Charles W. Scharf, 49, and Kraft Foods’ EVP and CFO Teri List-Stoll, 51, are joining as board members of Microsoft. Scharf has served as CEO and a director of Visa since November 2012. Previously, he was a Managing Director of One Equity Partners, the private investment arm of JPMorgan Chase, CEO of Retail Financial Services at JPMorgan Chase, CEO of the retail division of Bank One Corporation, CFO of Bank One, CFO of the Global Corporate and Investment Bank division at Citigroup, and CFO of Salomon Smith Barney.
JPMorgan Chase Hires New CIO from BP
JPMorgan Chase has appointed Dana Deasy as the company's new CIO. In this role, Deasy will be responsible for the firm's technology systems and infrastructure across all of its business globally. Deasy will be joining JPMorgan Chase from BP, where he was CIO and Group VP responsible for global IT, procurement and global real estate. Earlier in his career, Deasy served as CIO for General Motors North America, Tyco International and Siemens Corporation Americas.
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.
HP Makes Series of Tech Appointments
HP named Martin Fink as its CTO and head of HP Labs research division. He has until recently run the Business Critical Server business. Fink replaces Prith Banerjee, who left HP earlier this year to take a job as CTO of the Swiss industrial giant ABB. Ric Lewis has been named to run that business unit for now. The interim head of HP labs, Chandrakant Patel, has been named an HP Senior Fellow and Chief Engineer.
Two Regional Presidents Retire from Verizon
Verizon announced that William Roberts has retired after nearly 30 years with the company. Most recently, Roberts served as the Regional President for Maryland and Washington D.C. Prior to joining Verizon, he held management positions at C&P Telephone Company. Currently, Roberts is a board member of the Federal City Council, Greater Washington Board of Trade, Greater Baltimore Committee, Kennedy-Krieger Institute, and National Aquarium.