Microsoft's Applications and Services Group EVP Dr. Qi Lu Steps Down; New MD for India Lab Appointed
Dr. Qi Lu, the EVP in charge of Microsoft's Applications and Services Group, is leaving the company due to health reasons. Dr. Lu was previously the president of the Online Services Division, where he led the company’s search, portal and online advertising efforts. He spent 10 years at Yahoo before joining Microsoft in 2008. Many of Lu’s duties will be taken over by Rajesh Jha, a corporate VP who has been leading Microsoft’s Outlook and Office 365 efforts.
Apple Appoints Former Boeing CFO to its Board
Apple appointed James Bell, Boeing's former CFO, to its board. Bell, who was Boeing's CFO from 2003 to 2012, is on the board of several other companies, including JPMorgan Chase and Dow Chemical. He also served as Boeing's interim CEO for several months in 2005 after the aircraft maker fired CEO Harry Stonecipher.
HP Chair-CEO Meg Whitman Joins SurveyMonkey Board
HP CEO Meg Whitman, 59, joined the board of the online survey development cloud-based startup SurveyMonkey. Whitman’s connection with SurveyMonkey comes from its current CEO Bill Veghte who is a former HP senior executive. After HP splits in November, Whitman will be CEO of the spun-out HP Enterprise, which is slated to focus on corporate hardware and services and will remain as non-executive Chairman of the printing and & personal systems company HP, Inc. She is currently the chairwoman, president, and CEO of HP.
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.
Former HP Cloud Leader Joins Cisco CTO Role
Cisco named Zorawar Biri Singh as CTO and SVP, Platforms and Solutions. His appointment comes as CTO and Chief Strategy Officer Padmasaree Warrior takes her leave. Singh will be responsible for driving thought leadership around Cisco’s long term technology roadmap, platforms and architectures.
Apple Creates New VP Role for Environment, Policy and Social Initiatives
Apple named Lisa Jackson as its VP of environment, policy and social initiatives. Jackson, who previously served as administrator of the U.S. Environmental Protection Agency, joined Apple two years ago to head up its environmental initiatives. That role is now broadened. She will also be in charge of the company's education policy programs, its product accessibility work and government affairs.
Apple Appoints New Chief Design Officer and Other Design Execs
Jony Ive, long-time SVP of Design at Apple, now has the title of Chief Design Officer at Apple. This will allow Ive to hand off day-to-day managerial duties and focus more on items like the design of Apple's retail stores and also aid in the ongoing construction of Apple's new corporate campus.
Verizon Elects Aetna Chair/CEO to Board
Verizon Communications elected Mark T. Bertolini, 57, chairman and CEO of Aetna, to its Board of Directors. Bertolini joined Aetna in 2003 as head of Aetna's Specialty Products. He served as EVP and head of Aetna's regional businesses prior to being named president. In 2007 he was named president and in that role was responsible for all of Aetna's businesses and operations. Prior to joining Aetna, Bertolini held executive positions at Cigna, NYLCare Health Plans and SelectCare, where he served as president.
Google Goes Through Leadership Changes at Google X and Google+ Units
Google X Display Division head Mary Lou Jepsen is joining Oculus, the virtual reality startup that Facebook acquired last year. Jepsen specialized in digital displays at Google, including an advanced project centered on combining multiple independent screens into one fluid image, something that’s certainly in the same vein as virtual reality. She is also co-founder and former CTO of the non-profit One Laptop Per Child, which aims to reduce the cost of laptops for children in Third World countries.
Apple Director Won't Seek Re-Election; Company Hires HP Veteran and Burberry Exec to Leadership Team
J.Crew CEO Millard “Mickey” Drexler, 70, who has served on the Board since 1999, notified the Board of his intention to retire at the end of his current term. His role will end in March; no one has been named to fill the vacancy. In addition to his position on Apple’s board, Drexler has been the CEO of J.Crew since 2003. Prior to that, he was the CEO of Gap.