The Priceline Group Announces CEO Changes
The Priceline Group reported that Glenn Fogel, the company's current Head of Strategy and Executive Vice President of Corporate Development, has been named CEO of the company. Current Interim CEO and non-Executive Chairman of the Board Jeff Boyd, who served as the company's CEO from 2002-2013, Chairman of the Board since 2013 and Interim CEO since April of 2016, will assume the role of Executive Chairman.
Xerox Announces Board Changes
Xerox announced the appointment of Cheryl G. Krongard, a former senior partner with Apollo Management, to the Xerox board of directors. Krongard currently serves as a director on the boards of Legg Mason and Air Lease Corporation.
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.
Palo Alto Networks Appoints Mary Pat McCarthy to Board of Directors
Palo Alto Networks appointed Mary Pat McCarthy to the company's board of directors. McCarthy brings more than 34 years of experience to this position. She most recently served as Vice Chair of KPMG.
Cisco Announces Board Changes
Cisco reported the appointment of Amy L. Chang, CEO and founder of Accompany, to its board of directors. Chang, is CEO and founder of Accompany, a relationship intelligence platform company.
Samsung Electronics Vice Chairman Jae-Yong Lee Joins Board
Samsung Electronics approved the nomination of Vice Chairman Lee Jae-yong to the electronics giant's board of directors. The approval enables the 48-year-old Lee, the only son of the ailing Samsung Electronics Chairman Lee Kun-hee, to more actively participate and take formal responsibility in the company's important decision-making. The younger Lee joined Samsung Electronics in 1991.
Alibaba Appoints Former McKinsey Exec to Oversee Strategy and Investment Team in India
Alibaba appointed Madhur Deep as its SVP. In his new role, Deep will take care of strategy and investment team in India at Alibaba. Prior to this appointment, Deep worked for McKinsey as its Senior Engagement Manager.
Alphabet Appoints Well-known Economist and Former TIAA CEO to Board
Alphabet appointed Roger W. Ferguson, Jr., 64, to its Board of Directors. Ferguson is a respected leader in the economics and finance industries. Ferguson has served as the President and CEO of TIAA since April 2008. He joined TIAA after his tenure at Swiss Re, where he served as Chairman of the firm's America Holding Corporation, Head of Financial Services, and a member of the Executive Committee from 2006 to 2008.
AT&T Appoints Redpoint Ventures Co-Founder to its Board of Directors
AT&T has appointed Geoffrey Yang, 56, to its Board of Directors. Geoff co-founded Redpoint in 1999 and has backed trailblazing consumer Internet companies from the earliest stages that include Ask Jeeves, Excite, MySpace, and TiVo. He has been involved in Redpoint’s investments in Arista, Bluefin, Calix, Efficient Frontier, Foundry, Juniper Networks, and Victorious. He was previously a member of the President’s Information Technology Advisory Committee and the advisory council for the Stanford Graduate School of Business. He currently serves on the board of Electric Imp, Machinima, Scribd, TasteMade, Tidemark, and Vurb.
Facebook Appoints Couple of Geographic Leaders
Facebook has appointed Umang Bedi as MD, India. Bedi will lead in building and maintaining strategic relationships with top clients and regional agencies in the country. He will take over from Kirthiga Reddy, who will be returning to United States to take on a new role at the company's headquarters at Menlo Park. Prior to joining Facebook, Bedi was the MD of the South Asia region at Adobe.