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.
Yahoo! CISO Alex Stamos Joins Facebook
Yahoo’s CISO Alex Stamos joined Facebook as Chief Security Officer. Stamos had joined Yahoo! a year back and led what the company refers to as its team of "Paranoids". Stamos is the former CTO of Artemis, a division of NCC Group. He is also a co-founder and partner at iSEC Partners, a strategic digital security organization. He is an experienced security engineer and a leading researcher in the field of web application and mobile security.
New CLO at Salesforce.com
Salesforce.com announced that Burke Norton, 44, has joined the company as EVP & Chief Legal Officer. Most recently, Burke served as EVP, General Counsel & Secretary of Expedia. Prior to joining Expedia, he was a Partner at the law firm of Wilson Sonsini Goodrich & Rosati, where he practiced corporate and securities law for over a decade. While at the firm, Burke represented emerging growth and technology companies in the enterprise software, telecommunications, semiconductor, life sciences, entertainment, and e-commerce industries.
Steve Jobs Relinquishes CEO Role at Apple
Apple announced that Steve Jobs, 56, has resigned as CEO of the company. He will continue to serve the company in his new role as Chairman of the Board. Former Apple COO Tim Cook, 50, has assumed the role of CEO. Prior to joining Apple, Cook was the VP of Corporate Materials for Compaq. He came to Compaq from Intelligent Electronics, where he served as COO of the computer reseller division. Cook has also worked at IBM, most recently as the Director of North American Fulfillment.
CEO Succession Planning at Communications Products Company
Harris Corporation announced that it is implementing a CEO succession plan after Howard Lance, 55, its Chairman, President and CEO, advised the Board of Directors that he plans to retire at the end of the next fiscal year. Lance joined Harris in 2003 as President and CEO and was appointed Chairman of the board later that year.