CSC and Hewlett Packard Enterprise Announce Executive and Board Appointments for New Company
CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. The merger is expected to be completed by the end of March 2017, subject to shareholder and regulatory reviews and approvals. Following completion of the transaction, Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.
Yahoo! Announces Board Changes After Agreement with Starboard Value
Sue James, 69, has opted not to stand for re-election at 2016 annual shareholder meeting. James served as a Consultant of Ernst & Young from June 2006 to December 2009. She joined Ernst & Young in 1975 and was its Partner from 1987 to 2006.
Bridgewater Associates Co-CEO Resigns from Qualcomm Board
Jonathan Rubinstein, 58, a member of the Board of Directors of Qualcomm, is resigning from the Board in order to focus on his new role as co-CEO of Bridgewater Associates. He is former Head of the Global Business Unit at WebOS and SVP of Product Innovation for Personal Systems Group at HP.
Apple Makes Appointments to Key Leadership Roles
Apple hired Tesla Motors' former VP of vehicle engineering Chris Porritt to work on its own car project dubbed Project Titan. Steve Zadesky, who led Apple's Project Titan left the company earlier this year. Before working at Tesla, Porritt served as chief engineer for British luxury carmaker Aston Martin.
Apple Appoints BlackRock’s Founding Partner to Replace Long-time Board Member Bill Campbell
Apple appoints Susan L. Wagner, 53, founding partner and director of BlackRock, to board. Bill Campbell, 73, the board’s longest-serving member, is retiring after 17 years of service. Wagner co-founded BlackRock in 1988 and helped it become one of the world’s most successful asset-management companies, holding a range of leadership positions including vice chairman until mid-2012. She continues to serve on the boards of BlackRock and DSP BlackRock (India), as well as Swiss Re, Wellesley College and Hackley School.
Apple VP, Worldwide Corporate Communications Katie Cotton to Retire
After 18-year tenure at Apple, Katie Cotton, the company's VP of worldwide corporate communications, will be leaving. She’s long been among the company’s most powerful executives and played a key role in shaping the mystique and exclusivity surrounding the Apple brand. Cotton has played a role in some of the most buzzed-about product launches in technology (iPod, iPhone, iPad).
Cisco Exec Joins Comcast as SVP, Premises Technology
Comcast appoints Ken Klaer as Senior Vice President, Premises Technology, leading the team that develops innovative CPE devices used to deliver Comcast's video, voice, data and cross-platform applications in customers' homes. Klaer comes to Comcast from Cisco, where he most recently was part of their Service Provider Video Technology Group as Senior Director, Business Development Connected Devices BU. Prior to that he held key senior management roles at Scientific Atlanta, which was acquired by Cisco.
HTC’s Chief Designer Leaves
HTC’s chief designer Scott Croyle is leaving the company’s full-time employment to work on a range of efforts both for the company and for others. Croyle was the head of design firm One & Co until its acquisition by HTC and served as SVP of design for HTC since April 2011.
Annaly Capital Management’s New CTO Comes from Harvard Management
Financial services firm Annaly Capital Management appointed Michael Maffattone as the CTO. Most recently, Maffattone was the CTO of investment management company Harvard Management Company and prior to that was CIO of Caxton Associates.
Qualcomm Taps President & COO as Its Next CEO
Steve Mollenkopf, 44, President and COO of wireless chipmaker Qualcomm, has been named as the company’s next CEO, and appointed to its Board of Directors. He will continue to serve as the Company’s President. Mollenkopf will replace current CEO Dr. Paul E. Jacobs, 50, who will remain Executive Chairman. Mollenkopf served as EVP and Group President, EVP and President of QCT, EVP, QCT Product Management, SVP, Engineering and Product Management and as VP, Engineering.