TCS Independent Director Retires from Board
Tata Consultancy Services said independent director Vijay Kelkar has stepped down from the board upon reaching the retirement age set by the IT services company. Kelkar, a Padma Vibhushan award winner, is an Indian economist and academician. He has been on the board of TCS since 2010.
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.
ConocoPhilips Loses Pair of Directors
ConocoPhilips announced the resignation of Ruth Harkin, 66, as a member of the Board of Directors. Most recently, she served as the SVP of International Affairs & Government Relations at United Technologies and as the Chair of United Technologies International. Before joining United Technologies, Harkin was the Chair & CEO of the Overseas Private Investment Corporation. Currently, she serves on the Board of AbitibiBowater, a pulp and paper company.
ON Semiconductor Appoints Former UBS Exec to its Board
ON Semiconductor announced that Teresa Ressel has joined its Board of Directors. Ressel is the former COO of UBS Americas group and CEO of UBS Securities. From 2001 to 2004, Ressel served at the U.S. Department of the Treasury as the Ninth Assistant Secretary and was designated by Presidential directive as CFO of the department. Before joining UBS, Ressel held a variety of roles at Kaiser Permanente, including VP of Corporate Audit and Corporate Environmental Health & Safety Programs, Chief Compliance Officer, and SVP & COO of e-Commerce. Earlier in her career, she also served at HP as a Corporate Program Manager.