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Thursday, 11 May 2017 05:48

Recent CEO Turnover - 94 Open CEO Roles & 81 Appointments Featured

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Welcome to our CEO Turnover Newsletter. This newsletter covers open CEO roles and latest appointments in the tech sector in the month of April 2017. 

The average length of time the CEO searches have been open is 4.06 months, up from 3.8 months earlier this year. There is little variance across geographies.


Now, onto the leadership update on CEO moves.

Following is an overview of this month’s trends.

By the numbers, overall:

  • Total Tech CEO Roles Open:94
  • New Tech CEO Appointments:81 (8 women – 9.9%, 73 men)

Geographic Distribution47 in North America, 16 in Asia/Russia/Australasia, 13 in Europe, 3 in Latin America and 2 in Middle East and Africa.

2017 5 6 CEO open roles geographical map

New Tech CEO Openings: 11 – HSN (FL), Endurance International (MA), Zee Entertainment (India), CPI Card Group (CO), STV Group (UK), NOTE AB (Sweden), Pricer AB (Sweden), EliteSoft Global (OR), 1-PAGE (CA), Accelera Innovations (IL), Capstrat (NC).

CEOs Appointed – Sources
Sources of Appointments: 43 were External appointments, and 38 were internal promotions.

2017 5 6 Sources of CEO Appointmetns

Others: Founders, Former Execs, CFOs, CMOs, Sales Leaders, CTOs, Chief Strategy Officers, and Leaders from acquired companies, etc.

Diversity: 9.9% of the appointments are women CEOs.

2017 5 6 Diversity CEO Apointed

The average length of time the CEO searches have been open is 4.25 months, up from 3.8 months earlier this year. There is little variance across geographies. The longest open searches are:

# 1 - Wi-LAN, Canada - $98.3M, June 2015
# 2 - Epcylon Technologies, Canada - September 2015

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here.Vell Research Reports and Exec/board moves.

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In this Edition

Tech Companies - CEO Roles Open
Tech Companies - CEO Roles Announced
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team

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Tech Companies: CEO Roles Open

HSN, Florida - $3.5B, April 2017 - CEO Mindy Grossman has resigned. IThe Board has established an Office of the CEO.
Autodesk, California - $2.2B, February 2017 - Carl Bass stepped down as president and CEO. The company's board has instituted a CEO search.
Nuance Communications, Massachusetts - $1.9B, November 2016 - Chairman and CEO Paul Ricci intends to retire at the end of first half of fiscal 2018.
Thuraya Telecommunications, UAE - $1.8B, March 2017 - CTO Ahmed Al Shamsi has been appointed as interim Acting CEO of the company.
FLIR Systems, Oregon - $1.6B, February 2017 - President, CEO and Director Andrew C. Teich plans to retire as soon as his successor is appointed.
GrameenPhone, Bangladesh - $1.4B, October 2016 - SVP Telenor Digital Businesses Petter-B. Furberg (49) is the company's interim CEO.
Endurance International, Massachusetts - $1.1B, April 2017 - CEO Hari Ravichandran will remain CEO while the company conducts a search to identify his successor.
Syntel, Michigan - $983.2M, November 2016 - Syntel appointed Rakesh Khanna, formerly COO, as interim CEO and President. 
NII Holdings, Virginia - $981.4M, December 2016 - Steven M. Shindler, CEO, was updated to provide for a target termination date of April 1, 2017.
Zee Entertainment, India - $952.2M, April 2017 - Piyush Sharma, CEO - New Initiatives, India & APAC, Zee Entertainment, has put in his papers.
Manitoba Telecom Services, Canada - $765.5M, March 2017 - President and CEO Jay Forbes left the company following the expected successful closing of its pending transaction with BCE in March 2017.
Jenoptik, Germany - $754.4M, September 2016 - The President & CEO Dr. Michael Mertin has informed the Supervisory Board that he will not be seeking another term.
GlassBridge Enterprises, Minnesota - $514.9M, February 2017 - Robert B. Fernander resigned as Interim CEO. CFO Danny Zheng will serve as Interim CEO until the company Board appoints a new CEO.
JUST EAT Plc, UK - $414M, February 2017 – CFO Paul Harrison will undertake executive duties as Interim CEO.
NCC Group, U.K. - $301.4M, March 2017 - Rob Cotton has stepped down as CEO. Brian Tenner, CFO, took over as Interim CEO.
CPI Card Group, Colorado - $278.3M, April 2017 - CEO and President Steve Montross will be retiring.
Sepura, UK - $215.6M, October 2016 - Sepura PLC has appointed David Barrass as Interim CEO.
EMIS Group, UK - $208.4M, December 2016 - CEO Chris Spencer intends to retire from his position and from the Board by the end of 2017.
Aixtron, Germany - $190.1M, January 2017 - Current CEO Martin Goetzeler is leaving. Supervisory Board Chairman, Kim Schindelhauer, will take on an interim basis, until a successor is found.
SMTC, Canada - $189M, February 2017 - SMTC Corporation appointed Ed Smith as its interim President and CEO.
Makedonski Telekom, Macedonia - $186.3M, March 2017 - CEO Andreas Maierhofer is leaving the company and a new CEO is to be elected on May 1.
Tremor Video, New York - $166.8M, February 2017 - William Day has resigned as the Company’s President and CEO. Paul Caine has been appointed as Interim CEO.
GO plc, Malta - $165.7M, February 2017 - GO plc will shortly appoint a new CEO to replace Mr. Yiannos Michaelides, who will be vacating the position.
Redknee Solutions, Canada - $158.2M, February 2017 - Danielle Royston has been appointed interim CEO.
Marchex, Washington - $142.1M, October 2016 - Pete Christothoulou has resigned as CEO. The Board of Directors has created an Interim Office of the CEO.
Nera Telecommunications, Singapore - $137.6M, October 2016 - The Board has appointed Beck Tong Hong to serve as acting CEO in the interim.
Marchex, Washington - $129.5M, March 2017 - Gary Nafus resigned as Chief Revenue Officer of Marchex, and as a member of the Interim Office of the CEO.
NOTE AB, Sweden - $122.7M, April 2017 - Stefan Hedelius is voluntarily resigning from his position as CEO and President of NOTE AB.
Edgewater Technology, Massachusetts - $119.9M, March 2017 - Edgewater Technology appointed Jeffrey L. Rutherford, as Interim President and Interim CEO.
Yuuzoo, Singapore - $106.1M, November 2016 - Yuuzoo announced the cessation of James Matthew Somasundram as CEO. Due to personal reasons or health reasons.
LPKF Laser & Electronics, Germany - $102.1M, March 2017 – CEO Dr. Ingo Bretthauer is stepping down. The supervisory board will now focus on finding a successor.
IRIS Corporation, Malaysia - $100.9M, January 2017 - The Board appointed Mr. Choong Choo Hock, the current COO of the Trusted Identification Division as the acting CEO.
Wi-LAN, Canada - $98.3M, June 2015 - Shaun McEwan, CFO, will become Interim CEO.
Pricer AB, Sweden - $86.9M, April 2017 - Andreas Renulf, CEO of Pricer AB has for personal reasons decided to leave his position.
Numerex, Georgia - $71.9M, January 2017 - Numerex terminated the employment of Marc Zionts as CEO. CFO Kenneth Gayronis interim CEO., California - $65.1M, October 2016 - Elizabeth M. Cholawsky resigned from her position as president and CEO of
Integrated Research, Australia - $64M, February 2017 - Darc Rasmussen resigned as CEO and Managing Director. The Board conducts a search for a permanent placement.
Giken Sakata, Singapore - $55.5M, November 2016 - Giken Sakata announced cessation of Tan Kay Guan as Executive Director and CEO, to pursue personal interest.
Paymark, New Zealand - $47.5M, December 2016 - CEO Mark Rushworth has resigned. General counsel Liam O'Reilly will act in the role until a new head is appointed.
SITO Mobile, New Jersey - $43.6M, February 2017 - Jerry Hug resigned as CEO. Richard O'Connell, Jr. was appointed to serve as Interim CEO.
Xchanging Solutions, India - $42.2M, October 2016 - CEO Alok Kumar Sinha has resigned.
Brady, UK - $37.3M, September 2016 - After nine years CEO Gavin Lavelle has decided to pursue new opportunities. Ian Jenks will assume operational control of the company as executive chairman.
Touchcorp, Australia - $34.3M, November 2016 - Managing Director Adrian Cleeve passed away in November 2016 after a short illness. Chair Mike Jefferies is acting CEO.
1Spatial, UK - $34.1M, December 2016 - CEO Marcus Hanke has ceased to carry out the functions of the CEO. Claire Milverton, CFO, will carry out this function on an interim basis.
RF Industries, California - $32.7M, October 2016 - Howard Hill, RFI's former President, CEO and Founder, is serving, as the company's interim President and CEO., Denmark - $31.2M, March 2017 - CEO Mette Rode Sundstrøm has intends to resign her position. The search for a new CEO was commenced immediately.
zamano, Ireland, $26.400M, May 2016 - zamano plc announced that Ross Conlon has tendered his resignation as CEO and director. The board commenced a process for the appointment of a new CEO.
Praemium, Australia - $22.8M, February 2017 - Praemium terminated the employment of Michael Ohanessian as CEO & MD. Mr. Greg Camm will act as Executive Chairman until a new CEO is appointed.
Myriad Group, Switzerland - $17.4M, January 2017 – Chair Erik Hansen, has been appointed Executive Chairman of Myriad as Stephen Dunford resigns as CEO.
Nuix, Australia - $17.4M, January 2017 - Eddie Sheehy has resigned as CEO and director.
Brekford, Maryland - $16M, November 2016 - Brekford entered into a separation agreement with C.B. Brechin, the company's CEO and CFO.
Micronet, Israel - $15.7M, January 2017 - Shai Lustgarten stepped down as CEO.
Pennant International Group, UK - $14.3M, February 2017 - Chris Snook has stepped down as CEO. Phil Walker, currently the CFO, has been appointed interim CEO.
MER Telemanagement Solutions, Israel - $14.3M, February 2017 - Orey Gilliam, the company's CEO, has left the company.
Giga-tronics, California - $13.7M, August 2016 - Giga-tronics appointed W. Joseph Thompson as Chairman and Acting CEO.
WANdisco, UK - $11M, September 2016 - David Richards, CEO, will be stepping down. In the interim, Paul Walker, Non-Exec Chair, has assumed the role of Exec Chair., Kentucky - $9.31M, January 2017 - appointed Joseph Peters as interim President and CEO.
Mr Green & Co Technology, China - $7.93M, December 2016 - Stefan Gustafsson has been appointed as acting CEO of Mr. Green & Co Technology AB.
International Datacasting Corporation, Canada - $7.2M, February 2016 - CFO, Steve Archambault has agreed to serve as CFO and interim CEO.
Microphase, Connecticut - $6.59M, February 2017 - Michael Ghadaksaz resigned as CEO, CTO, Chairman of the Board. President and Chief Technical Advisor Necdet Ergul will act as Interim CEO.
COPsync, Texas - $6.5M, March 2017 - OPsync appointed Joseph R. Alosa, Sr. as the company's interim CEO., Australia - $6.27M, January 2017 - Current CEO Ben Churchill will step down as CEO. Current chairman Tony Scotton assumes the role of Interim CEO.
Mach7 Technologies, Australia - $4.6M, March 2017 - Mach7 Technologies announced the resignation of its Managing Director and Global CEO, Albert Liong.
Great Elm Capital Group, California - $4.5M, July 2016 – Director Richard S. Chernicoff was appointed, on an interim basis, as CEO.
RapidCloud, Malaysia - $4.2M, March 2017 - Chee Han Wen (Raymond) will relinquish his duty as CEO. The Board has appointed Chew Man Fai, Executive Director, as interim CEO.
Sunvault Energy, Canada - $3.87M, October 2016 - Gary Monaghan has resigned as a member of board and CEO of company.
8common, Australia - $2.74M, December 2016 - CEO Nick Gonios has resigned and provided six months notice.
DagangHalal, UK - $1.48M, October 2016 - A search for a replacement for CEO Mohamed Hazli Mohamed Hussain has commenced.
iGAMBIT, New York - $1.47M, October 2016 - iGambit voted to remove Rory T. Welch as its president and CEO. John Salerno named as its interim President and CEO.
Magor Corporation, Canada - $1.4M, August 2016 - Mike Pascoe has decided to step down as. CFO Brian Baker is interim President and CEO.
EliteSoft Global, Oregon - $1.3M, April 2017 - Swee Seong “Eugene” Wong resigned as Chairman, President, and CEO.
Spindle, Arizona - $0.6M, June 2016 - Michael Schwartz resigned from his position as Interim CEO. The Board appointed board member Dr. Jack Scott as Interim CEO.
Intrinsic4D, Michigan - $1.05M, February 2017 - Jorey Chernett has resigned as director and the CEO. The board has appointed CFO Kyle Appleby as interim CEO.
Forbidden Technologies, UK - $0.941M, February 2017 - Aziz Musa, the Company's CEO, has resigned.
1-PAGE, California - $0.7M, April 2017 - 1-Page announced that CEO Peter Kent will leave the company.
Epcylon Technologies, Canada - September 2015 - Epcylon Technologies accepted the resignation of Jack J. Bensimon as the CEO and director.
HempTech Corporation, Florida - January 2016 - Sam Talari will become the Acting CEO. The Company will start to recruit a CEO for HempTech.  
Trendit, Israel, March 2016 - Lior Romano will also act as interim CEO until a permanent replacement is appointed.
VGTel, New York, April 2016 - Amilya Antonetti is interim CEO. The Board of Directors is seeking replacement for CEO position.
ZipLocal, Canada, May 2016 - ZipLocal appointed Kent Taylor as a director and Interim CEO, effective January 2017.
Gateway Media, Missouri, June 2016 - Gateway Media announced that Gabe Douek CEO has left the company.
Lavu, New Mexico, June 2016 - Marc Chesley has stepped down as the CEO of Lavu. Chesley confirmed that he left Lavu June 9, 2016.
HGS Colibrium, Georgia, June 2016 - HGS Colibrium’s Board of Directors announced that Mark Poling has resigned as CEO and is leaving as a founder to pursue other interests.
chatAND, New York, June 2016 - David Stefasnky resigned as the interim CEO and member of the Board of Directors of chatAND.
Spire, Massachusetts, August 2016 - Spire notified Rodger W. LaFavre was released as CEO. *Replacement not announced.
TransBiotec, California, September 2016 - TransBiotec appointed Ivan Braiker as Interim CEO and Interim Secretary.
FibreCo Telecommunications, South Africa, October 2016 - FibreCo Telecommunications has appointed Simon Harvey as its interim CEO for the next six months.
Zyber Holdings, Australia, December 2016 - Zyber Holdings announced the resignation of Mr. Ben Daly as CEO.
iSIGN Media Solutions, Canada, March 2017 - iSIGN Media Solutions announced a restructuring of its senior management. Joe Kozar, a major shareholder in iSIGN, will be taking on the role of Interim CEO.
NanoSensors, Michigan, March 2017 - NanoSensors named Terrance Flowers as its interim CEO and director.
Search Party Group, Australia, March 2017 - The Board of Search Party Group announced the resignation of Managing Director and CEO Mr. Ben Hutt.
Netlinkz, Australia, March 2017 - Netlinkz announced that Suthan Naganayagam has resigned as Managing Director and CEO of the company.
Accelera Innovations, Illinois, April 2017 - Accelera Innovations grants emeritus status to retiring CEO John Wallin. Chair Geoffrey Thompson will become the interim CEO and CFO.
Capstrat, North Carolina, April 2017 - Capstrat marketing agency announced resignation of Karen Albritton from President and CEO at the end of June 2017.
Tech Companies: CEOs Appointed
CEOs Appointed in the month April 2017
Landis+Gyr, Switzerland - $48.4B - Landis+Gyr has promoted COO Richard Mora to CEO.
Sanjay MehrotraMicron Technology, Idaho - $14.7B - Micron Technology appointed Sanjay Mehrotra as president, CEO and director. Co-founder and former CEO of SanDisk.
Rogers Communications, Canada - $10.3B - Rogers Communications named President and CEO of TELUS Joe Natale as President and CEO.
Claro, Brazil - $8.5B - América Móvil has appointed interim CEO Paulo César Teixeira as the new CEO of Claro Brasil.
Digital China Holdings, Hong Kong - $1.6B - EMC exec Denis Shing Fai Yip is appointed as CEO.
Tesco Mobile, U.K. - $976.8M - Tesco Mobile has named Claire Lorains its new CEO. Former category director and with Tesco since 2002.
Nextel Telecomunicações, Brazil - $877.5M - Roberto Rittes has joined Nextel Brazil as CEO. Previously key officer for Brazilian telecom companies Brasil Telecom and Oi Paggo.
Findel, U.K. - $562.9M - Phil Maudsley is the new CEO. Previously Managing Director of Express Gifts, the Group's online value retail business.
OptumInsight, Minnesota - $559.1M - UnitedHealth announced that enterprise growth officer Eric Murphy has been named CEO of OptumInsight.
Synchronoss Technologies, New Jersey - $476.8M - Founder and Chairman Stephen Waldis will return to the role of CEO.
VocaLink Holdings, U.K. - $315.7M - MasterCard acquires VocaLink. Deputy CEO Paul Stoddart promoted to CEO of VocaLink.
Strategic Products and Services, New Jersey - $300.0M - COO Ed Nalbandian will serve as CEO.
Matomy Media Group, Israel - $276.6M - CFO and COO Sagi Niri to be the new CEO.
Gigaphoton, Japan - $268.3M - Katsumi Uranakais new President & CEO for GIGAPHOTON. Former Director, Senior Executive Officer and General Manager of Corporate Planning Division.
Manz, Germany - $252.0M - CTO Eckhard Hörner-Marass is to take over as CEO.
EXFO, Canada - $245.6M - Exfo has appointed COO Philippe Morin as Exfo's new CEO.
PAR Technology, New York - $229.7M - Dr. Donald H. Foley, an independent board member, has been appointed CEO and President.
USP Compulink, Russia - $207.5M - Compulink has appointed Alexander Sarayev as CEO. Sarayev was previously CEO at Positive Technologies.
Lifecell, Ukraine - $198.9M - Lifecell has appointed Ismet Yazici the new CEO of the company. Yazici earlier worked as CEO of a subsidiary of Turkcell in Northern Cyprus.
EMIS Group, U.K. - $196.0M - EMIS Group named Digicel exec Andy Thorburn as CEO.Andy Thorburn
Technology One, Australia - $190.9M - Technology One has appointed its long standing COO Edward Chung to the position of CEO.
NIIT, India - $156.8M - Sapnesh Lalla is CEO Designate of the Company and as CEO of the Company with effect from August.
Tesco Bengaluru, India - $142.1M - Tesco Bengaluru has appointed Sumit Mitra as its CEO. Currently, Mitra serves at BT PLc as a managing director.
Ooyala, California - $124.5M - Ooyala appointed Jonathan Huberman as CEO. Prior to Ooyala, Huberman was the CEO of Syncplicity.
Castlight Health, California - $106.7M - President and COO John Doyle assumed the role of CEO.
Ooredoo Maldives, Maldives - $106.0M - Ooredoo Maldives has appointed Mr. Najib Khan as its new CEO. 25 years' experience at leading communications companies.
Xplore Technologies, Texas - $81.6M - COO and President Mark Holleran to serve as CEO and President.
Advicent Solutions, Wisconsin - $74.2M - Angela Pecoraro, Advicent's president and COO, is the new CEO.
Quest Solution, Oregon - $60.0M - Shai Lustgarten, was appointed as the President and CEO of Quest Solution. Lustgarten was previously CEO at Micronet.
GigPeak, California - $58.7M - IDT CEO Gregory L. Waters became the President and CEO of the Company.
Karmak, Illinois - $47.6M - John Pacione will assume the role of President/CEO. Former VP of Development for Allscripts.
MOQ, Australia - $33.8M - MOQ appointed Joe D'Addio as Managing Director and CEO. Most recently Joe has held the position of COO of MOQdigital.
The Barbarian Group, New York - $28.7M - Cathy Butler, previously EVP, Group Director at DigitasLBi, has been named CEO.
Catapult Group International, Australia - $25.3M - Joe Powell joins as CEO of Catapult from ASX-listed SEEK.
FundSERV, Canada - $24.4M - Fundserv appointed Karen Adams to the role of Fundserv President & CEO. Former President & CEO of Alberta Pension Services.
Couchbase, California - $23.2M - Couchbase hired former Veritas President Matt Cain as CEO and Board Member.
Gladson Interactive, Illinois - $15.3M - Gladson has named Paul Salay as the new CEO. Former Chief Commercial Officer at Cision.
Binary Tree, New Jersey - $11.6M - Binary Tree promoted its COO, Nick Wilkinson to CEO.
RichRelevance, California - $9.5M - RichRelevance reported the appointment of Carl Theobald as President and CEO. Former CEO of FollowAnalytics.
MetaCommunications, Iowa - $6.4M - MetaCommunications announced that current Chair of Meta's board Gregg Hammann will assume the roles of President and CEO.
RSI International Systems, Canada - $3.7M - RSI International Systems' new CEO will be Tim Major. Most recently served as the Company’s CIO.
MosChip Semiconductor Technology, India - $3.6M - MosChip Semiconductor Technology appointed board member Damodar Rao Gummadapu as the CEO.
Mavshack, Sweden - $2.6M - Mavshack AB appointed Tommy Carlstedt, CEO. Tommy joined Mavshack two months back. Agência de Restaurantes Online S.A., Brazil - $1.0M - iFood announced that it has appointed CFO Carlos Eduardo Moyses as its new CEO.
BidEnergy, Australia - $0.8M - BidEnergy announced the promotion of Phil Adams, CEO of BidEnergy to Managing Director of BidEnergy.
Tom RossiterResaas Services, Canada - $0.2M - Tom Rossiter, the current President of the Resaas Services, was appointed as the company's new CEO.
Investview, New Jersey - $0.2M - Ryan Smith was appointed as CEO. Smith has served as the CEO of Wealth Generators.
Alternate Health, Canada - $0.1M - Alternate Health announced that it has named Dr. Jamison Feramisco as CEO (current AHC Director).
Panorama Synergy, Australia - $0.1M - Panorama Synergy has appointed Peter Lewis as CEO. 25 years' experience in developing and leading international growth strategies for technology based companies.
ParcelPal Technology, Canada - ParcelPal Technology appointed President and director Kelly Abbott as the company's CEO.
Active Network, Texas - ACTIVE Network announced that it has appointed Dana Jones as CEO. Most recently, CMO & SVP of Solutions Management for Sabre Airline Solutions.
Opus Inspection, Connecticut - Sandra McCulloch is the new CEO of Opus Inspection. Held senior management roles at Delphi, General Motors, and CAMI Automotive.
VT iDirect, Virginia - VT iDirect announced that COO and SVP of Global Sales Kevin Steen has been named the company's new CEO.
American Leisure, Florida - American Leisure Holdings has finalised merger with GG Media Network. GG Studios' co-founder Christian Bishop will serve as CEO for American Leisure.
Redsquid Communications, U.K. - Redsquid Communications has appointed industry veteran Andy Tow as its new CEO.
Oculus, Florida - Robert Wagner was appointed as the sole member of the company's Board and President, CEO, CFO, Treasurer, and Secretary. Wagner is Founder, Director, CEO of One Media Enterprises.
INTREorg Systems, Texas - David M. Beach, 43, will serve as CEO, President and director. Former MD, Energy Merchant Banking at Lampert Capital Markets in NY.
GlobeTouch, California - GlobeTouch appointed Cohesity COO Riccardo Di Blasio as CEO.
365 Operating Company, California - Bob DeSantis, previously Co-founder and Managing Partner of Xand, has assumed the role of CEO at 365 Data Centers.
Amperico, Canada - Amperico appointed independent management consultant Nicholas Thompson as President, CEO, CFO, Treasurer, Secretary and Director.
Severstal-infocom, Russia - Severstal appointed Sergey Dunaev as CEO of OAO Severstal Infocom. Dunaev has worked at SAP since October 2014.
Digital Reasoning Systems, Tennessee - Brett Jackson has joined Digital Reasoning as the company’s CEO. Recently served as CEO and chairman of Logi Analytics.
eOriginal, Maryland - eOriginal has hired Brian Madocks, a veteran technology company executive, as its new CEO.
MEDarchon, Tennessee - Former Santa Rosa Consulting and InfoPartners senior executive James “Butch” Baxter has joined MEDarchon as CEO.
360factors, Texas - 360factors appointed Carl McCauley as CEO. Former VP of Sales at MetricStream.
Printo Document Services, India - Printo Document Services appointed President and COO Balu Iyer as its CEO.
Global Quest, South Korea - Larry Sherman is new Director, CEO, President, Secretary and Treasurer. Former CEO of Creditpoint Financial.
Fuzion, Denmark - Predictive health analytics industry specialist Barry Staldine has been appointed as president and CEO.
Unilog Content Solutions, India - Unilog appointed its President for North America Suchit Bachalli as the new CEO of Unilog Content Solutions and all its global subsidiaries.
NTT DATA, Texas - Keane named CFO Kevin Ryan as CEO.
TextureMedia, Texas - TextureMedia appointed COO Kate Bates as CEO.
Virgin Mobile Middle East & Africa, UAE - Alan Gow joined as Group CEO. Prior, Gow worked with network operator T-Mobile in the UK.
Clinical Data Interchange Standards Consortium, Texas - CDISC announced that President of the SCORE Foundation David R. Bobbitt will join as its new CEO.
Waterloo Managed Software Services, Canada - WatServ appointed President & CEO of Brookfield RPS Dave Lacey as President & CEO.
Automated Insights, North Carolina - Automated Insights appointed successful serial entrepreneur Marc Zionts as new CEO.
Artelo Biosciences, Ireland - Gregory Gorgas joined as Director, President, CEO, CFO, Secretary and Treasurer. Former exec at Mast Therapeutics.
Critical Informatics, Washington - Critical Informatics announced the close of its Series A funding of $3.25 million, and appointment of new CEO, Garrett Silver.
Umbel, Texas - Umbel named current President Lisa Pearson as CEO.
InfoBionic, Massachusetts - InfoBionic named Stuart Long as CEO. Former CEO at Monarch Medical Systems.
Mobitel, Sri Lanka - Mobitel appointed COO Nalin Perera as its CEO.
Accelyst Solutions, India - Snapdeal appointed its Chief Strategy and Investment Officer Jason Kothari to additional role of CEO of FreeCharge.

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We are a team of retained search veterans, that have large search firm and boutique experience. Our team consists of a principal executive search consultant (Dora Vell), a Vice President (Dal Coger), two senior consultants, one senior industry analyst (Ajanta Banerjee), two candidate research associates, and two data entry folks, as well as an an EA/ Business Manager and a Controller.

Are you thinking of recruiting a technology executive?

Email me at This email address is being protected from spambots. You need JavaScript enabled to view it.for a free consultation. I'm here to help you determine an ideal executive profile, investigate how your current executives or candidates stack up against other recruitable candidates, help you formulate an ideal profile for your technology executive, and explore your options for building an optimal leadership team. Help is an email away!

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Vell Executive Search
185 Devonshire, Unit 200
Boston, MA 02110
Main Line: 617-530-1260
Fax: 781-207-0553


Read 2766 times Last modified on Wednesday, 12 August 2020 15:46
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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