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.
Blackbaud Appoints Allscripts Exec as President of its Healthcare Solutions Group
Blackbaud appointed Russ Cobb as president of its Healthcare Solutions group. Prior to joining Blackbaud, Cobb spent the last five years with Allscripts Healthcare Solutions in various executive marketing roles, including VP of global marketing & communications. Cobb also served in marketing, sales and professional services roles with Siemens Healthcare and he began his career at IBM as part of the team that developed and launched Websphere Business Integration globally.
Facebook Taps Snapdeal’s Chief Product Officer
Facebook has appointed former Chief Product Officer at Snapdeal and Bharti Airtel, Anand Chandrasekaran for its Messenger platform. In a global role, Chandrasekaran will be working out of the Silicon Valley headquarters of the company and will help develop strategies and partnerships for the platform that already boasts of a billion users globally. Chandrasekaran, who served as the senior director of mobile and search products at Yahoo between 2011 and 2014, worked with Airtel and Snapdeal in India in the past two and a half years.
Google Appoints Former Airbnb Executive for Self-Driving Car Project
Google announced that Shaun Stewart, a former Airbnb executive, has been appointed as the new director of its self-driving car project. Stewart will help the company in commercializing Google's self-driving technology, which has been in development for more than seven years, reported Reuters. The hiring follows the departure of Chris Urmson, who served as chief technical officer of the self-driving car project.
Alibaba Health Information Technology Announces Retirement of Executive Director and Executive Vice Chairman
Alibaba Health IT announced that Chen Xiao Ying, 53, retired from office as an executive Director and the executive vice chairman of the company. Ying has been the Executive Chairman at the Pollon Group, a private investment group, since 1989. Chen served as the CEO of Alibaba Health Information Technology Limited 2014.
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.
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.
athenahealth Bifurcates Chief Financial and Chief Administrative functions; Appoints New CFO
As athenahealth bifurcates the Chief Financial and Chief Administrative functions. Kristi A. Matus, EVP and Chief Financial and Administrative Officer (CFAO) of the company, announced her intention to step down, to pursue new challenges. The company appointed Karl Stubelis, to serve as the company's SVP and CFO. Stubelis has served as the company's VP and Corporate Controller, Chief Accounting Officer, Treasurer, interim CFO. Prior to joining the company, he served as VP, corporate controller, and chief accounting officer at Sapient Corporation.
Allscripts Promotes CFO to President
Allscripts promoted CFO Rick Poulton to President, responsible for day-to-day operational leadership. The Company has commenced a search for a new CFO, and Poulton will maintain the CFO title and responsibilities until a new CFO is appointed.