Google Reorganizes under New Holding Company Alphabet; Sundar Pichai to Lead Largest Subsidiary Google as CEO
Google reorganizes itself into a new holding company, Alphabet, whose largest wholly owned subsidiary will be Google. Google Co-Founders Larry Page and Sergey Brin will be Alphabet’s CEO and President, respectively. Eric Schmidt will be the Executive Chairman of Alphabet. SVP of Corporate Development, Chief Legal Officer and Secretary of Google David C. Drummond will be the Chief Legal Officer and Secretary. The company’s Chief Business Officer, Omid Kordistani, will step down and become an adviser to Alphabet and Google.
Microsoft Announces Senior Leadership Changes; Several High Ranking Execs to Leave
Microsoft made changes to its Senior Leadership Team to drive engineering alignment against the company's core ambitions: reinvent productivity and business processes, build the intelligent cloud platform, and create more personal computing.
Alibaba Group Appoints New Board Member to Fuel International Growth
Börje Ekholm joins as an independent director of Alibaba Group’s Board. Ekholm currently serves as President and CEO of Investor AB of Sweden and is a member of Investor AB’s board. He newly assumed responsibilities as head of Patricia Industries, a newly created division of Investor AB to manage the company’s privately-held and controlled companies. He is the non-executive Chairman of NASDAQ OMX and serves on the boards of global technology companies such as Telefonaktiebolaget LM Ericsson.
Google Communications and Policy Head Joins Uber; Commerce Exec Leaves for Jawbone
Rachel Whetstone, 48, Google’s SVP of Communications and Policy has left. She has joined Uber in a similar role. The position has been held by David Plouffe, the high-profile former adviser to President Barack Obama, who was hired less than a year ago, at Uber. He has been elevated to the role of chief adviser to the company and its chief executive Travis Kalanick, and will also sit on the board of Uber.
HP’s CEO Adds on Chair Role and Makes Other Board Changes
Hewlett-Packard CEO and President Meg Whitman, 57, was additionally appointed as Chairman, after the resignation of Ralph Whitworth, 59, for health reasons. Before joining HP, Whitman served as a part-time strategic advisor to Kleiner, Perkins, Caulfield & Byers. Previously, she was President and CEO of eBay and held executive-level positions at Hasbro, a toy company, FTD, a floral products company, The Stride Rite Corporation, a footwear company, The Walt Disney Company, an entertainment company, and Bain & Company, a consulting company. Whitman also serves as a director of The Procter & Gamble Company and Zipcar.
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. Bill Campbell’s relationship with Apple dates back to 1983, when he joined the company as VP of Marketing. Campbell is one of the longest-serving board member in the company’s history.
Google Appoints Former Ford CEO to Board; Chief Business Officer Leaves
Google appointed former CEO of Ford Motor from 2006 to 2014, Alan Mulally, 68, to board, bringing expertise and connections as Google seeks to play a bigger role in automobiles with its Android software and self-driving car technology. Before Ford, Mulally served as EVP of the Boeing Company and President and CEO of Boeing Commercial Airplanes. Prior to that, he served as President of Boeing's space and defense business. He is a member of the U.S. National Academy of Engineering and a fellow of England's Royal Academy of Engineering.
Twitter Appoints Goldman Sachs Banker Anthony Noto as CFO; Mike Gupta Named SVP for Strategic Investments
Twitter appoints Anthony Noto, 46, the Goldman Sachs exec who helped the company go public last year, as CFO. Noto will replace Mike Gupta, 43, who will become SVP for Strategic Investments, a newly created division taking care of outside investments. Most recently, Noto was a Co-Head of Global Technology, Media and Telecom (TMT) Investment Banking team at Goldman Sachs. Before that, Noto served in a short stint as CFO of the National Football League. Earlier in his career, he served as an Equity Analyst of Goldman Sachs’ Research Division, was an Associate at Lehman Brothers and a Brand Manager at Kraft Foods.
Google’s SVP, Social Leaves
Vic Gundotra, Google’s SVP, Social, leading Google+ has left. He has been leading Google+, Google's social network, since it launched in 2011. He joined Google eight years ago, initially leading developer relations. Prior to joining Google, Gundotra was at Microsoft. Gundotra joined Microsoft in 1991 and eventually became GM of Platform Evangelism.
Priceline.com Promotes Subsidiary Head as CEO
Online travel company The Priceline Group promoted Darren Huston, 47, to President and CEO. The promotion will split the roles of CEO and Chairman and Jeffery H. Boyd, who has been President and CEO since 2002, will remain as Chairman. Huston will join The Priceline Group's Board of Directors. Huston is CEO of Booking.com B.V. (Netherlands), a wholly owned subsidiary of The Priceline Group and an online hotel reservation service, a position he will continue to hold. Huston came to the Group from Microsoft, where he served as Corporate VP, Consumer & Online and President & CEO of Microsoft Japan.