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Monday, 04 June 2018 15:02

59 Technology CEO Appointments & 47 Technology CEO Open Roles Featured

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Welcome to our Technology CEO Transitions Newsletter.

We endeavor to catalog all open technology CEO roles (as of 5/31/2018) and latest appointments for the month of May 2018.   

The average length of time the searches are open is 5 months, up from 4.7 months last month. There is little variance across geographies. 

Summary and Stats for Tech CEOs

Sources of Appointments

29 were external appointments and 30 were internal promotions

2018 June 4 Summary and Stats for Tech CEOs jpeg



2018 June 4 Diversity jpeg


 New Tech CEO Openings

14 of 47 Open Roles are New

United States: Commvault Systems (NJ), Stratasys (MN), Quantum Corporation (CA), Wayside Technology Group (NJ), BSQUARE (WA), Airgain (CA), Gopher Protocol (CA), Namely (NY)

Europe: TDC A/S (Denmark), Netia S.A. (Poland), Cherry AB (Sweden), Efecte Oy (Finland)

Asia Pacific: MPS Infotecnics (India), Big Un (Australia) 

 Geographic Distribution

2018 June 4 Geographic Distribution Open Roles jpeg

Hope you enjoy this newsletter and find it useful. Suggestions and corrections are most welcomed and appreciated.

Thanks again and all the best,

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Vell Executive Search

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Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CIOs, CTOs, VP, Engineering, CISO and Chief Digital Officers. Vell has built a reputation for recruiting talented high-performing leadership teams globally.

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Technology CEO Open Roles 

       -  as of May 31st, 2018


The United States & Canada

VEON, Netherlands, March 2018 - CEO Jean-Yves Charlier is leaving the company. The Supervisory Board is undertaking a search for a new CEO.

Convergys Corporation, Ohio, January 2018 - President and CEO Andrea Ayers will transition from her role following a nearly 30-year career at the Company. Ayers will continue to lead the Company in her current role President and CEO, as well as a member of the Board of Directors, as long as necessary for transition purposes.

Deluxe Corporation, Minnesota, April 2018 - Lee Schram will retire as CEO of the Company. The board has formed a CEO succession committee to lead the search with the assistance of an executive search firm.

Commvault Systems, New Jersey, May 2018 - Commvault Board of Directors have determined that it is the appropriate time to begin a search for a new CEO to lead the company through its next stage. The Commvault Board will appoint a search committee and will retain an executive search firm to assist with the external search. Neil Robert Hammer will continue to lead Commvault as Chairman, CEO and President until his successor is appointed. 

Stratasys, Minnesota, May 2018 - Ilan Levin has decided to step down from his positions as CEO and Director. Elchanan (Elan) Jaglom, the company’s current Chairman of the Board, will serve as CEO until a successor is appointed. The company is engaging an international executive search firm to help identify a new CEO.

Quantum Corporation, California, May 2018 - Quantum Corp. announced Michael Dodson as its CFO and interim CEO. Dodson replaces current CFO Fuad Ahmad and will serve as interim CEO replacing Patrick Dennis, who has resigned his position to focus on pressing family matters.

Wayside Technology Group, New Jersey, May 2018 - Simon F. Nynens resigned as President, CEO and Director. Steve DeWindt, the Company’s current Lead Director, has been appointed the Company’s Interim President and CEO. 

Lattice Semiconductor Corporation, Oregon, March 2018 - President and CEO, Darin G. Billerbeck, has decided to retire. Glen Hawk, the Company’s COO since November 2015, will be Interim CEO. The Board will conduct a thorough search process for a permanent CEO, including both internal and external candidates, and has retained Egon Zehnder for the search.

Sigma Designs, California, January 2018 - Sigma Designs' President & CEO Thinh Tran has resigned. Mr. Elias Nader, Sigma's current SVP and CFO, has been appointed as interim President and CEO.

Marchex, Washington, October 2016 - Pete Christothoulou resigned as CEO in October last year. 

Absolute Software, British Columbia, Canada, January 2018 - Absolute Software named Steve Munford, an accomplished cybersecurity industry leader, as interim CEO. Absolute’s former CEO, Geoff Haydon, resigned as both CEO and member of the Board.

BSQUARE, Washington, May 2018 - Jerry D. Chase has stepped down as President and CEO and Kevin Walsh, the company's VP of Marketing, has been appointed as the company's acting CEO.

Numerex, Georgia, January 2017 - Numerex CEO Marc Zionts stepped down. CFO Kenneth Gayronis is now interim CEO., California, October 2016 – Dr. Elizabeth M. Cholawsky departed as president and CEO. Richard Bloom is iCEO.

Xceligent, Missouri, October 2017 - Jody Vanarsdale, Xceligent’s COO, will take on the role of Acting CEO.

Airgain, California, May 2018 - Airgain announced that President and CEO Charles Myers will be leaving the company to pursue other opportunities. Chairman James K. Sims will assume the role of Interim CEO as the company searches for a new permanent CEO.

xG Technology, Florida, April 2018 - George Schmitt has elected to retire from his roles as CEO and Executive Chairman. The Board has appointed current xG Technology board member Gary Cuccio as Executive Chairman and interim CEO.

Gopher Protocol, California, May 2018 - Mansour Khatib, Chief Marketing Officer and director of the Company, was engaged as Interim CEO to fill the vacancy resulting from Gregory Bauer’s resignation as CEO.

MassRoots, Colorado, December 2017 - Scott Kveton resigned as CEO of the company. Kveton had sold his startup, Odava, to MassRoots in July in a deal worth about $1.6 million, and was later named CEO.

MMRGlobal, California, June 2017 - Robert H. Lorsch, Chairman, President and CEO of the company, died unexpectedly.

Lavu, New Mexico, June 2016 - Marc Chesley has stepped down as the CEO of Lavu. 

Birch Communications, Georgia, October 2017 - Birch Communications announced the departure of President and CEO Tony Tomae.

AdColony, California, December 2017 - Otello announced the departure of AdColony's CEO, Will Kassoy. Lars Boilesen, Otello CEO, will act as interim CEO for AdColony while the company searches for his permanent replacement.

Namely, New York, May 2018 - Namely announced the departure of Matt Straz as the company's CEO. Board member Elisa Steele will lead the Office of the CEO.

Europe, Middle East & Africa

TDC A/S, Denmark, May 2018 - Pernille Erenbjerg will resign as Group CEO and President, and hence is prepared to support the new owners in a transition period until a new Group CEO has been appointed.

Bezeq The Israel Telecommunication Corporation, Israel, March 2018 - Bezeq The Israel Telecommunication Corporation Limited announced that Ms. Stella Handler, the company’s CEO, is quitting the company.

Netia S.A., Poland, May 2018 - Katarzyna Iwuc resigned from her position as CEO and Director General.

Mycronic AB, Sweden, February 2018 - Lena Olving will leave as President and CEO during 2019. The process to find a successor has begun. 

Cherry AB, Sweden, May 2018 - Anders Holmgren as CEO and President, will leave the company and the Cherry Group. Gunnar Lind is acting CEO and will remain in this position to ascertain that the group develops according to plan until a permanent CEO is appointed.

Ellies Holdings Limited, South Africa, November 2017 - Wayne Samson resigned as CEO. The board says a further announcement, regarding the appointment of a new CEO, will be released in due course.

Pricer AB, Sweden, April 2017 - CFO Helena Holmgren has been appointed acting CEO until a new CEO has been recruited. 

IDE Group Holdings, United Kingdom, March 2018 - IDE Group Holdings plc announced that Andy Ross, CEO, has resigned from the company and is stepping down with immediate effect. Julian Phipps, CFO, will assume the role of COO in addition to his CFO duties and additionally the Board intends to further strengthen the Board in due course.

Net Insight, Sweden, March 2018 - Net Insight announced that Henrik Sund has been appointed as interim CEO during the period until the permanent new CEO starts. The Board of Directors has initiated the recruitment process for his replacement. 

Brady Plc, UK, 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. 

Dods Group PLC, United Kingdom, November 2017 - Guy Cleaver, CEO, has resigned. The Board is currently seeking to appoint a new CEO.

Escher Group Holdings, Ireland, January 2018 - Escher Group Holdings plc announced that it has been notified by Liam Church, Chief Executive, that he will retire at the end of May 2018. During the next few months, Liam will work with the Board to ensure an orderly handover to a replacement CEO. 

Efecte Oy, Finland, May 2018 - The company has started the search for a new CEO aiming for an orderly CEO change by the end of the year. If necessary, the CFO Hannu Nyman will act as the CEO during the possible transition period.

Asia Pacific

Total Access Communication, Thailand, March 2018 - Total Access Communication PLC announced that Mr. Lars-Ake Norling, CEO and a director of the company, has resigned from the positions of CEO and a director to pursue new opportunities effective September 1, 2018 or the date on which a successor has been appointed.

Maxis Berhad, Malaysia, March 2018 - Maxis Berhad appointed Board member Robert Nason as executive Director and interim CEO.

J-Devices Corporation, Japan, November 2017 - Yoshifumi Nakaya notified parent company Amkor Technology of his intention to retire as President & CEO of J-Devices at the end of 2017. The company expects to announce Mr. Nakaya's succession plan concurrently with the effective date of his retirement.

SUNeVision Holdings, Hong Kong, March 2018 - Yan King-shun, Peter has tendered his resignation as an Executive Director and the CEO. The company is now in the course of identifying a suitable candidate to be appointed to the role of CEO of the company.

Isentia Group, Australia, February 2018 - Isentia Group Limited announced the resignation of its Managing Director and CEO John Croll. An external search for a replacement commenced immediately.

CS Loxinfo Public Company, Thailand, March 2018 - Anant Kaewruamvongs resigned from the position of CEO and Managing Director. The board of directors has appointed Dr. Somchai Kittichaikoonkit, currently VP - Marketing & Sales, as Acting CEO and Managing Director.

Xchanging Solutions, India, October 2017 - Mr. Shrenik Kumar Champalal as CEO for an interim period and whole time director with effect from March 31, 2018. Xchanging Solutions Limited has received resignation letter from Mr. Ramaswamy Sankaranarayanan Kavalapara as Managing Director cum CEO. 

MPS Infotecnics, India, May 2018 - MPS Infotecnics announced the resignation of Rachit Garg as CEO.

Big Un, Australia, May 2018 - BIG Un Limited announced that the CEO Mr. Richard Evertz, has tendered his resignation. 

Seeing Machines Limited, Australia, January 2018 - Seeing Machines Limited announced that CEO Mike McAuliffe is leaving the company. Executive Chairman Ken Kroeger has now been appointed as interim CEO by the board until the recruitment of a new CEO is finalized.

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Technology CEO Appointments

            -- in May 2018


The United States & Canada

Sprint Corporation, Kansas - Sprint Corp appointed President & CFO Michel Combes to the role of CEO.

Xerox Corporation, Connecticut - Xerox has appointed former HP and IBM exec John Visentin as CEO and vice chairman. Most recently senior advisor to the chairman of Exela Technologies and an operating partner for Advent International. Visentin was consultant to Icahn Capital in connection with a proxy contest at Xerox.

Cogeco, Quebec, Canada - Philippe Jetté has been appointed to the position of President and CEO of both public companies Cogeco Inc. and Cogeco Communications Inc. He has led his own consultancy firm before joining Cogeco as SVP  and Chief Technology and Strategy Officer in 2011.

Tyler Technologies, Texas - Tyler Technologies has appointed of president, H. Lynn Moore Jr., as CEO.

Salient CRGT, Virginia - Salient CRGT promoted president Tom Ferrando to CEO as current CEO Brad Antle leaves the company.

Five9, California - Five9 appointed Rowan Trollope, 45, as the company’s CEO and director. Prior, Trollope served as SVP and GM, Applications Group at Cisco Systems.

RhythmOne, California - RhythmOne plc announced Mark Bonney as President, CEO and an Executive Director of the Board. Most recently, he served as President, CEO and an executive director of MRV Communications.

Model N, California - Model N named Jason Blessing, as Model N's CEO. Since January 2018, he has served as an enterprise software consultant. Previously, he served as the CEO of Plex Systems.

AutoWeb, California - Jared Rowe, former president of Cox Automotive Media, is the new CEO of AutoWeb. Rowe worked at AutoWeb's predecessor as manager of strategic business development in 1998.

Westell Technologies, Illinois - Westell Technologies appointed Alfred S. John as President and CEO. John most recently served as EVP of Technology and Operations of Rise Broadband, a provider of fixed wireless services.

Cartesian, Kansas - James George Serafin also known as Jim is now CEO. Serafin served as the Managing Director and Senior Director of Global Operations at Cartesian.

Frequency Electronics, New York - Frequency Electronics has elected COO Dr. Stanton D Sloane to serve as President and CEO.

Violin Systems, California - Current executive chairman and acting-CEO Mark Lewis moves to full-time chairman and CEO in Abbasi's place.

SPROUT Wellness Solutions, Ontario, Canada - Sprout Wellness Solutions appointed accomplished executive and interim CEO Andrew Zimakas as CEO.

FordDirect, Michigan - FordDirect appointed Dianne Craig as CEO. Craig joins the company with more than 30 years of experience in automotive sales and marketing, most recently serving as Ford Motor Company's director of U.S. sales., Minnesota - has appointed Jay Berlin as its new CEO. Berlin's 35 year career has included successful President & CEO roles as well as marketing management positions at Summit Sports Companies, Sportsman's Guide, UnitedHealth Group, Northern Tool & Equipment and Fingerhut. 

Management Health Solutions, Connecticut - Management Health Solutions announced that Todd J. Plesko has been appointed CEO of the firm. Plesko joins the company directly from Vocera Communications, where he was VP of Product Strategy.

Sorenson Media, Utah - Sorenson Media appointed Pat Nola, formerly the company's COO, as CEO.

NexJ Systems, Ontario, Canada - Paul O'Donnell, currently serving as President, will be appointed as CEO.

Instart Logic, California - Instart Logic reported the appointment of Sumit Dhawan as CEO. Dhawan comes to Instart from VMware, where he served as general manager of the $1.5 billion-in-revenue end-user computing business.

Vena Solutions, Ontario, Canada - Vena Solutions appointed COO Shawn Cadeau to the role of CEO. 

VirtualArmour International, Colorado - VirtualArmour International promoted Russ Armbrust to CEO. Armbrust previously served as VP of sales.

The Crypto Company, California - The Crypto Company appointed Ron Levy, the company's COO, as the CEO and a director of the company.

Monster, Massachusetts - Monster announced Scott Gutz will be joining as CEO. Most recently, CEO of Amadeus North America.

DataPath, Georgia - DataPath appointed Dr. Sherin Kamal as the company's new President and CEO. He most recently served as Chief Engineer and Senior Director of Technical Services at SAIC.

PierianDx, Missouri - Michael Sanderson has been appointed CEO and director of the board of PierianDx. Sanderson will develop and execute the company's strategy for molecular labs and the health care delivery market.

Authentix, Texas - Authentix announced that Kevin McKenna will become its next President and CEO. McKenna joined the Company's executive team in 2012 and most recently served as the Chief Sales and Services Officer.

Magna5, Texas - Magna5 introduced Richard (Rick) Lottie, an IT and telecom services veteran of more than 30 years, as its new CEO. Lottie has served as Magna5 Executive Chairman and Board Member for the past six months, and is replacing Greg Forrest, has recently stepped down.

Clearwater Compliance, Tennessee - Steve Cagle will take over as CEO of the health care cyber-risk-management company. Cagle was previously CEO of Moberg Pharma North America Alterna and was a founding team member of Sparta Systems.

Phrame, California - Phrame announced Charlene Consolacion as CEO. She is a co-founder at Phrame, joining at inception in 2016 as COO.

Zywave, Wisconsin - Zywave named Jason Liu its new CEO. Liu previously was CEO at Savo Group.

Validity, Massachusetts - Validity has appointed Mark Briggs as chairman and CEO to be based in its Boston office, US. Prior to joining Validity, he served as the CEO of ABILITY Network.

Kickstarter, New York - Kickstarter principal founder Perry Chen who took over the company from co-founder Yancey Strickler has become the permanent CEO. 

Latin America and Caribbean 

Cable Bahamas, Bahamas - Cable Bahamas named Executive Vice Chair Franklyn Butler as next CEO.

Europe, Middle East & Africa 

Vodafone Group Plc, United Kingdom - CEO Vittorio Colao will be succeeded by group CFO Nick Read.

Telia Sweden, Sweden - Anders Olsson, SVP , COO and Head of Global Services & Operations (GSO) at Telia Company, has been appointed EVP  and CEO of Telia Sweden. Olsson replaces Johan Dennelind, President and CEO of Telia Company, who has been acting CEO of Telia Sweden.

Iliad SA, France - CFO Thomas Reynaud becomes CEO of the group, replacing Maxime Lombardini who takes the position of chairman.

Proact IT Group AB, Sweden - Proact IT Group AB has appointed Jonas Hasselberg as new President and CEO. Jonas Hasselberg joins from a position as VP Telia Company AB, where he has headed the consumer business in Sweden.

NetEnt AB, Sweden - NetEnt AB has appointed CFO and Acting CEO Therese Hillman as new Group CEO.

Coriant GmbH, Germany - Coriant appointed Vice Chairman Pat DiPietro as Vice Chairman and CEO. He has held executive management and R&D roles at Nortel, Bell Northern Research and Verizon.

IDOX plc, United Kingdom - IDOX plc appointed David Meaden as its new CEO. David has substantial experience of working with the UK Public Sector and Northgate Public Services.

Hostelworld Group Plc, Ireland - Gary Morrison will become the Group's new CEO and director. Gary joins the Group from Expedia where for the last seven years he served in a number of roles, most recently as Head of its Retail Operations. 

Magal Security Systems, Israel - Dror Sharon will be joining as CEO, following a successful career as President and CEO of CONTROP Precision Technology.

Earthport, United Kingdom - Earthport plc appointed Amanda Mesler as CEO. Currently, Amanda is General Manager at Microsoft, where she recently managed the Enterprise Business in Central and Eastern Europe across thirty-three countries.

M-Brain, Finland - M-Brain has appointed Christian Cedercreutz CEO. Christian most recent role has been to lead the cognitive SW solutions (Watson) business in Finland at IBM.

ATTRAQT Group plc, United Kingdom - ATTRAQT Group plc appointed Luke McKeever as CEO. Luke joins ATTRAQT from, which he joined as Executive Chairman in June 2014, becoming CEO in September 2015.

Gaming Corps, Sweden - Gaming Corps AB (publ) announced COO Mike Doyle as new CEO.

Coreview, Italy - CoreView appointed David Moran as CEO, an industry veteran with extensive experience scaling enterprise software businesses globally.

SnapShot, Germany - SnapShot GmbH announces Mr. S. Carson Booth has joined as CEO to lead the company into its next stage of growth. Former global VP of property technology at Starwood Hotels & Resorts Worldwide.

CrowdProperty, United Kingdom - CrowdProperty has appointed Mike Bristow as its CEO. Prior to this appointment, Bristow worked for Growth Strategy as its managing partner.  

Asia Pacific

Nintendo, Japan - Tatsumi Kimishima is stepping down as president. Board member of both Nintendo and The Pokémon Company Shuntaro Furukawa who will assume the role around E3 time.

Brother Industries, Japan - Ichiro Sasaki is appointed as Representative Director & President. Currently Ichiro Sasaki is Representative Director & Senior Managing Executive Officer.

Tokyo Electron Miyagi, Japan - Tokyo Electron Miyagi Ltd. appointed Masayuki Kojima to President and Representative Director from current position of Senior EVP of the company.

Vocus Group, Australia - Vocus Group Limited appointed Kevin Russell as its Group Managing Director & CEO. Former Group Executive, Retail at Telstra.

HKBN, Hong Kong - NiQ Lai, the current COO and an Executive Director, will assume the role as the CEO.

Rentian Technology, Hong Kong - Kwok Kenneth Wai Lung has been appointed as the CEO of the company. Kwok, 45, joined the Group in June 2014 as COO of the company and was appointed as executive Director of the company in 2017.

Trimantium GrowthOps, Australia - Trimantium GrowthOps appointed Paul Mansfield as CEO in addition to his role as Executive Director and Managing Partner.

China Innovationpay, Hong Kong - Zhu Ning has been appointed as an executive Director and the CEO of the company. Mr. Zhu is the founder and the CEO of Youzan Group (comprising Qima Holdings Ltd. and its subsidiaries). 

Airtel Payments Bank, India - Airtel Payments Bank appointed Anubrata Biswas as MD & CEO. Prior, he was the Joint General Manager and Retail Business Head - South India for ICICI Bank.

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Read 2295 times Last modified on Monday, 17 August 2020 16:17
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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