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Recent CEO Turnover - 113 Open CEO Roles & 79 Appointments Featured

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June 6, 2017

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

The average length of time the CEO searches have been open is 5 months, up from 3.8 months earlier this year. There is little variance across geographies.

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and now back to our tech  CEOs... 

The average length of time the CEO searches have been open is 5 months, up from 3.8 months earlier this year. There is little variance across geographies.This month's trends....  

 

By the numbers, overall:

     Total CEO Roles Open: 113
     New CEO Appointments: 79 (4 women or 5%, 75 men)​

Geographic Distribution: 

39 in North America, 25 in Asia/Russia/Australasia, 12 in Europe, 3 in Middle East and Africa.

2017 6 1 Open CEO Geographical Map

New Tech CEO Openings: 25 – ITV PLC (UK), John Wiley & Sons (NJ), Cree (NC), YY (China), Softcat (UK), Solocal Group (France), TiVo (CA), Telenor Bulgaria (Bulgaria), Intouch (Thailand), Nanometrics (CA), Apivio Systems (Canada), Global Testing (Taiwan), EZTD (Israel), Sierra Monitor (CA), ComOps (Australia), PUC Founder (Malaysia), Ferrum (Thailand), Qyou Media (Canada), REFFIND (Australia), Moko Social Media (VA), Motopia (Australia), ERF Wireless (TX), Carbon Sciences (CA), Corridor Communications (Canada), SigmaBroadband (GA). 

CEOs Appointed – Sources

Sources of Appointments: 45 were External appointments, and 34 were internal promotions. 

2017 6 1 Sources of CEO Appointments

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

Diversity: 5% of the appointments are women CEOs.

 2017 6 1 Diversity jpeg

The average length of time the CEO searches have been open is 5 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 

NEWSPAPER GUY shutterstock 82341817 resized

Open CEO Roles as of May 31st, 2017 

Tech CEOs Appointed in May 2017 

Vell Research & Insights Summary 

Featured Vell Placements 

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Tech CEO Roles Open as of May 31st 2017

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ITV PLC, UK - $3.7B, May 2017 - ITV PLC CEO Adam Crozier stepped down. Finance director, Ian Griffiths, will step up to a new combined role of COO and CFO and run the company for an interim period.
 
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.
 
John Wiley & Sons, New Jersey - $1.7B, May 2017 - President & CEO Mark J. Allin resigned. Chairman Matthew S. Kissner is now Interim CEO.
 
Cree, North Carolina - $1.5B, May 2017 - Chairman, President and CEO Chuck Swoboda intends to stay on until a successor is appointed.
 
YY, China - $1.2B, May 2017 - Zhou Chen has tendered his resignation as CEO for health reasons. Chair David Xueling Li is now acting 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.
 
Softcat Plc, UK - $951.6M, May 2017 - Martin Hellawell has decided to step down as CEO once a successor is in place.
 
Solocal Group S.A., France - $857.5M, May 2017 –Jean-Pierre Remy will resign from his position as CEO and Director, to devote himself to an entrepreneurship project.
 
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.
 
TiVo, California - $736.5M, May 2017 - President and CEO, Thomas Carson, informed the company’s Board of Directors of his intention to retire.
 
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. 
 
Telenor Bulgaria, Bulgaria - $352.7M, May 2017 - Telenor Bulgaria appointed Sasa Filipovic as its interim CEO.
 
Intouch Holdings, Thailand - $325.4M, May 2017 - CEO Philip Chen Chong Tan steps down. EVP-Finance & Accounting Anek Pana-apichon will be Acting 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. 
 
Nanometrics, California - $233.0M, May 2017 - President and CEO, Dr. Timothy J. Stultz, plans to retire. The company has retained Spencer Stuart to identify a successor.
 
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. 
 
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. 
 
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.  
 
Support.com, California - $65.1M, October 2016 - Elizabeth M. Cholawsky resigned from her position as president and CEO of Support.com. 
 
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. 
 
Apivio Systems, Canada - $43.7M, May 2017 - Apivio Systems appointed Ms. Elizabeth Park as interim President and CEO of the company.
 
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.
 
Lauritz.com, Denmark - $31.2M, March 2017 - CEO Mette Rode Sundstrøm has intends to resign her position. The search for a new CEO was commenced immediately. 
 
Global Testing, Taiwan - $30.6M, May 2017 - Global Testing Corporation Limited announced that the appointment of Hu I-Lung as Acting CEO.
 
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. 
 
EZTD, Israel - $22.9M, May 2017 - Shimon Citron tendered his resignation as a Director and CEO of EZTD. Citron's resignation was a result of a disagreement with the company.
 
Sierra Monitor, California - $19.2M, May 2017 - Sierra Monitor appointed Gordon Arnold as interim President and CEO.
 
Myriad Group, Switzerland - $17.4M, January 2017 – Chair Erik Hansen, has been appointed Executive Chairman of Myriad as Stephen Dunford resigns as CEO. 
 
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. 
 
HealthWarehouse.com, Kentucky - $9.31M, January 2017 - Healthwarehouse.com 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. 
 
ComOps, Australia - $7.2M, May 2017 - ComOps Limited has accepted the resignation of its CEO Gerry Williams effective October 2017.
 
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. 
 
Urbanise.com, Australia - $6.27M, January 2017 - Current CEO Ben Churchill will step down as CEO. Current chairman Tony Scotton assumes the role of Interim CEO. 
 
PUC Founder, Malaysia - $6.0M, May 2017 - PUC Founder (MSC) Bhd announced the resignation of Hiew Wai Yoon as Executive Director and Group CEO.
 
Ferrum, Thailand - $5.6M, May 2017 - Ferrum Public Company CEO Dr. Prasit Srisuwan resigned. Miss. Duenpun Lilavivat, the president, will be the Acting 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. 
 
REFFIND, Australia - $0.5M, May 2017 - Acting CEO Robert van Es has announced his resignation.
 
Moko Social Media, Virginia - $0.1M, May 2017 - Moko Social Media Limited has significantly reduced overheads and has reluctantly accepted the resignation of the CEO Mr. Shripal Shah. Shah remains as a non-executive Director of 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. 
 
Motopia, Australia - $0.0M, May 2017 - Motopia appointed Mr. Michael Mulvey as the interim CEO of the company.
 
ERF Wireless, Texas, May 2017 - ERF Wireless announced that Dr. H. Dean Cubley has been removed as CEO and President. Dr. John B. Barnett, M.D. was named interim CEO, President, and Secretary until replacements are made.
 
Carbon Sciences, California, May 2017 - Christopher Kelly resigned as the CEO and a director of Carbon Sciences. The Company appointed William Beifuss, Jr. to serve as the Company's interim CEO.
 
Corridor Communications, Canada, May 2017 - CCI Wireless announced that CEO Amir Bigloo will depart the company to pursue other opportunities. CFO Adam Lamont will be serving as interim CEO.
 
SigmaBroadband, Georgia, May 2017 - Kelvin D. Smith tendered his resignation as the CEO, COO, and EVP of Business Affairs for SigmaBroadband.
 
Other Moves of Note:
 
Qyou Media, Canada - $2.4M, May 2017 - Curt Marvis, Co-Founder and Co-CEO, assumes the role of CEO. 

 

 

Tech CEOs Appointed in May 2017

 
diversity starsLeshi Internet Information & Technology Corp, China - $3.2B - Leshi Internet Information & Technology Corp., Beijing announced that longtime Lenovo executive Liang Jun will replace Jia Yueting as CEO.
 
SMIC, China - $3.1B - Semiconductor Manufacturing International Corporation appointed COO and GM, SMNC, SMIC's joint venture in Beijing, Dr. Haijun Zhao as CEO replacing Dr.  Tzu-Yin Chiu.
 
Rackspace Hosting, Texas - $2.1B - Rackspace appointed technology industry veteran and EarthLink CEO Joe Eazor as the new CEO.
 
FLIR Systems, Oregon - $1.7B - President of Stanley Security North America & Emerging Markets James J. Cannon joined as President and CEO.
 
GrameenPhone, Bangladesh - $1.5B - Telenor exec Michael Foley joined as CEO.
 
EOH Holdings Limited, South Africa - $1.0B - CEO of the EOH Industrial Technologies division Zunaid Mayet has been appointed as the Group CEO.
 
Cowell e Holdings, China - $914.5M - Cowell e Holdings named CFO Seong Seokhoon as co-CEO.
 
Singapore Press Holdings, Singapore - $775.9M - Singapore Press Holdings appointed Ng Yat Chung as Executive Director and future CEO.
 
Partron, South Korea - $647.2M - Partron appointed its VP Kim Jong Tae as its co-CEO.
 
Net 1 UEPS Technologies, South Africa - $606.3M - CFO Herman G. Kotzé has been appointed as CEO.
 
Dish TV India, India - $465.2M - Anil Dua as CEO of the company. Former Unilever, Gillette and Hero MotoCorp.
 
NIIT Technologies, India - $432.5M - NIIT Technologies appointed Sudhir Singh as CEO. Former Genpact COO, IT services & Capital Market Business.
 
CPI International, California - $410.5M - President & COO Bob Fickett will assume the role of CEO of CPI International.
 
ProQuest, Michigan - $385.0M - Matti Shem Tov, President of Ex Libris, a ProQuest company, will succeed Kurt Sanford as CEO of ProQuest.
 
Etsy, New York - $380.0M - Etsy appointed Josh Silverman, a director on the Board since November 2016, as CEO.
 
Neotel, South Africa - $344.2M - Liquid Telecom Group, a subsidiary of Econet, has named Vodafone exec Kyle Whitehill as CEO at Neotel.
 
Comet Holding AG, Switzerland - $327.3M - COMET Group announced that René Lenggenhager takes over as CEO of the COMET Group as planned. Former Landis & Gyr AG, Cerberus AG, Siemens Building Technologies.
 
Gerber Scientific International, Connecticut - $279.0M - Gerber Technology named President and CEO of Goss International and B&W MEGTEC Mohit Uberoi as CEO.
 
Rightmove, UK - $271.6M - Rightmove's new CEO is Peter Brooks-Johnson.
 
Xperi, California - $266.8M - Xperi has appointed Jon E. Kirchner as the company’s next CEO.
 
GENBAND US, Massachusetts - $246.8M - Sonus Networks and GENBAND™ have merged. The CEO of the combined company will be Sonus Networks' CEO Raymond P. Dolan.
 
Stroz Friedberg, New York - $138.1M - Aon plc announced that Tritium Partners' CEO Partner Jason Hogg will serve as CEO of Stroz Friedberg succeeding Michael Patsalos-Fox.
 
Airbus DS Communications, California - $107.6M - Airbus DS Communications named Jeff Robertson as president and CEO. Former CEO of two 9-1-1 technology companies.
 
Accel Frontline, India - $91.2M - Accel Frontline transitioned Malcolm F. Mehta from Chairman & Executive Director to Chairman & CEO.
 
OJSC RTComm.RU, Russia - $60.3M - RTComm.ru appointed its CCO Sergey Ratiyev as the new CEO of the company.
 
HotSchedules, Texas - $58.9M - HotSchedules announced Mike Arenth as CEO. Arenth started with the company in late 2016 and implemented key leadership changes to better support innovation and growth.
 
GIRO, Canada - $51.1M - GIRO appointed EVP Jean Aubin as the company's new President and CEO.
 
ATEN Technology , California - $47.0M - Aten International appointed Sun-Chung Chen, Chairman of ATEN Technology as the CEO of ATEN Technology in place of Chia-Lin Wang.
 
The Printers, India - $45.0M - The Printers Mysore appointed Karthik Balakrishnan as CEO. Former VP, Marketing at Mahindra Group.
 
North Asia Resources Holdings, Hong Kong - $25.5M - Tse Michael Nam has been redesignated as the CEO of the company. Nam joined the company on 12 February 2007.
 
NetDimensions, Hong Kong - $25.3M - Peter Gordon, a successful investor in private equity and venture capital at 3i Group plc for over 18 years, has been appointed as Managing Director, replacing CEO Jay Shaw.
 
Praemium, Australia - $22.8M - Praemium Limited reappointed Michael Ohanessian as CEO.
 
Ixxus, UK - $18.5M - Ixxus Limited appointed Jonathan Brett-Harris as Managing Director. Prior to joining Ixxus, Brett-Harris was EVP, managing director of life sciences, and global head of industry & proposition at Thomson Reuters.
 
Nuix, Australia - $17.4M - Nuix appointed Mr. Rod Vawdrey as CEO. Former Corporate SVP and President of Fujitsu Limited Global Business Group.
 
Q Technology Group, Australia - $16.0M - Warren Sainsbury joined as Managing Director and CEO.  Over 19 years’ experience in electrical wholesaling and distribution businesses.
 
CMC Infocomm, Singapore - $12.5M - CMC Infocomm named Qian Zimin as CEO. Former Managing Director of Yinda.
 
Innovapptive, Texas - $7.6M - Innovapptive named President & co-founder Sundeep V. Ravande as CEO.
 
Jayex Healthcare, Australia - $6.3M - Jayex Healthcare appointed Mr. Nick Fernando as CEO. Fernando joined Jayex Technology Limited in June 2015 as CEO, prior to the acquisition of Jayex UK by the Company in December 2015.
 
Seeing Machines, Australia - $5.7M - Seeing Machines reported the appointment of Mike McAuliffe as CEO. Mike was appointed CEO of Seeing Machines' Automotive business (Fovio) in September 2016.
 
Urbanise.com, Australia - $5.5M - Urbanise.com announced Henry Arundel, has been appointed the company's new CEO. Former Executive Manager of Facilities Management for Ventia Pty Limited.
 
Cybermate Infotek, India - $1.8M - Cybermate Infotek renamed P.C.Pantulu as Managing Director and CEO.
 
Veeam Software, Ohio - $0.1M - Veeam Software promoted President & COO Peter McKay, and co-founder and CTO, Andrei Baronov, to the position of Co-CEOs.
 
Simlatus Corporation, California - $0.1M - Chairman Robert Stillwaugh has
accepted and will be appointed the new CEO of Simlatus.
 
Biolog, New York - Shelli Fields was appointed as CEO of the company.
 
Rimini Street, Nevada - Rimini Street and GP Investments Acquisition Corp. have entered into a definitive merger agreement. Seth A. Ravin, founder, CEO and chairman of Rimini Street, will be appointed CEO and chairman of the combined entity.
 
DLT Solutions, Virginia - DLT Solutions appointed Art Richer as the company’s new president and CEO. Prior to joining DLT, Richer spent 18 years at public sector distributor immixGroup.
 
Baker Hill, Indiana - Baker Hill has named John M. Deignan its new CEO. Spent most of his career at Diebold Nixdorf, holding various senior leadership positions.
 
Siklu Communication, Israel - Siklu appointed Eyal Assa as new CEO of the company. Most recently VP Customer Business Executive and VP Global Sales at Amdocs.
 
maxdome, Germany - ProSiebenSat.1 Group announced that Ralf Bartoleit is taking over as CEO of Maxdome. Bartoleit has held a range of management positions at ProSiebenSat.1 since 2005.
 
Signature Devices, California - Signature Devices appointed Inas Azzam as CEO and President. Veteran of the technology space and his most recent start-up MorpheusAV was part of the merger with Innovo.
 
iBrands, Wyoming - CFO James P. Lay has also been named the new CEO of iBrands Corporation, which is now Dreamlife Technology.
 
Bespoke Extracts, New York - Bespoke Extracts appointed Marc Yahr as President and CEO. Since June 2009, Marc Yahr has served as Vice President of Sales and Marketing at L&L International.
 
Drone Guarder, California - Adam Taylor was named as CEO. Adam is currently engaged in finalizing the first version product release of the DroneGuarder's security drone, with the launch date to be announced soon.
 
SavMobi Technology, India - SavMobi Technology voted Mr. Poh Kee Liew as Director, and CEO. Mr. Liew is the current CEO of New Asia Energy.
 
Caleminder, Nevada - Founder of Pure Harvest, David Lamadrid, was appointed as a Director, CEO and President.
 
Hiddn Solutions, Norway - Hiddn Solutions named Carl Espen Wollebekk as new CEO. Mr. Wollebekk brings operating and leadership experience from the ICT industry, expertise in financial management and global business perspective.
 
Bodle Technologies, UK - Bodle Technologies reported that Mike Clary has joined the company as CEO. Prior to joining Bodle, he was CEO at Heliotrope Technologies.
 
Comoto, Pennsylvania - Comoto Holdings announced that former adidas Group’s General Manager & SVP Nic Vu has accepted an offer to be CEO.
 
Alternative Payments, UK - Judopay has appointed chief product and commercial officer Ryan Farley as its CEO.
 
Poplicus, California - Govini announced that public sector industry innovator Chris Taylor has joined the company as its CEO.
 
WorkMeIn, Tennessee - Preferral has named James Aylward as its new CEO.
Paytm Payments Bank, India - Paytm has appointed Renu Satti as CEO of Paytm Payments Bank. Currently, Satti serves at One97 Communications as its VP - business.
 
TMM, Delaware - TMM appointed Mr. Paul B. Healy as President and CEO. Mr. Healy has served on the TMMI Board of Directors since November 2016.
 
Imagen, UK - Imagen appointed Charlie Horrell as its new CEO. Most recently as managing director of Diligent.
 
Ebates, California - Ebates announced that Amit Patel, current GM of Ebates, has been selected as the new CEO.
 
Airwavz Solutions, North Carolina - Airwavz Solutions announced Brad Davis as its CEO. Most recently Davis served as CEO of ProctorFree.
 
Sittercity, Illinois - Sittercity appointed Elizabeth Harz as CEO. Prior to joining Sittercity, Harz held leadership positions with consumer and B2B brands including Yahoo!, Electronic Arts, Chegg and CNET.
 
Strava, California - Strava has named James Quarles as its CEO. Most recently VP of Instagram Business and previously Regional Director of Facebook in Europe, the Middle East and Africa.
 
Stop Sleep Go, UK - Jaime de Leon Melendres was appointed as President, CEO, CFO, Treasurer, Secretary and Director. Entrepreneur and former executive with over forty years’ management experience in the Philippines.
 
SimpleReach, New York - SimpleReach has named its President Hal Muchnick as CEO to lead the next phase of the company’s growth.
 
Global Quest, South Korea - Richard C. Weiner was appointed as the company's CEO, President, Secretary and Treasurer and Director. Served as CFO of several companies in the past.
 
MobileLogix, Arizona - MobileLogix has named Scott Hines, a seasoned executive in the software and technology industry, as its new CEO.
 
Orca Touchscreen Technologies, Canada - Brian Gusko has been appointed a director and CEO of the Company. Has been a CFO and a director of numerous public companies in Canada.
 
ROK Mobile, UK - ROK Mobile appointed former COO, John Janes, to CEO.
 
SiteSpect, Massachusetts - SiteSpect announced that Patrick Romich has been named the company's new CEO. Most recently served as CEO at Universal Wilde (UW).
 
FRONTEO Healthcare, Japan - FRONTEO Healthcare named its Independent Director Kuniko Nishikawa as new CEO.
 
Docker, California - Docker named Concur co-founder Steve Singh as CEO.
 
Aevi International, Germany - Nelson Holzner joined as AEVI CEO. Holzner joins AEVI with a proven track record in the Fintech industry having spent the last eight years building and growing his own company.
 
TDS Telecommunications, Wisconsin - Telephone and Data Systems  announced James W. Butman, currently COO at TDS Telecom, will succeed retiring TDS Telecom President and CEO, David A. Wittwer at the end of 2017. 

 

 

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Read 2835 times Last modified on Friday, 07 August 2020 16:21
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, garage.ca, 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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