Former AT&T CFO and Vice Chairman Joins Wal-Mart Board
Wal-Mart has appointed Tom Horton, former AT&T CFO and Vice Chairman, as a new member of the company’s Board. Horton worked for American Airlines President, Chairman and CEO. He stepped down as President and CEO of American in December 2013 and remained non-executive Chairman of the board until June 2014. Before that, he served as EVP of Finance and Planning and had been with the company for a long time, rising to the rank of SVP, Finance and CFO. In between he worked for AT&T, where he served as CFO and later was appointed Vice Chairman. In 2005, Horton led the evaluation of strategic alternatives that ultimately led to the combination with SBC Communications, which formed the new AT&T.
HP Chairman Steps Down, Two Board Members to Leave
Hewlett-Packard’s Chairman Ray Lane, 66, is stepping down from his role as Chairman. He continues as a director on the board. Ralph V. Whitworth, 57, will step into the role on an interim basis as the board searches for a permanent replacement.
ARM Holdings Witnesses CEO Succession
ARM Holdings’ CEO Warren East, 51, has decided to retire, after nearly twelve years as CEO and nineteen outstanding years at the company. Simon Segars, 45, currently President of ARM, will become the company's new CEO. Warren East joined ARM in 1994 to establish the company's consulting business and later became VP of business operations. Within three years he was appointed to the Board as COO. Warren became ARM's CEO in 2001 and under his leadership ARM has become the foremost designer of semiconductor IP in the world, providing processor technology for nearly all mobile phones and network devices and storage, with many other consumer and industrial electronic devices.
VMware Names Former Savvis President as SVP and GM of Hybrid Cloud
VMware named Bill Fathers as SVP and general manager of VMware’s newly-formed hybrid cloud services business unit. Fathers previously served as president of cloud hosting provider Savvis for nearly two years, before leaving the company in 2012. As president of Savvis, Fathers oversaw sales, marketing, product development, global operations and all corporate functions in North America, Europe and Asia. He has more than 15 years’ experience scaling global services businesses from start up to more than $1 billion in revenues. He also has significant ecosystem expertise from his years building partnerships across service provider, ISV and system integrator communities.