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Sunday, 14 October 2012 10:30

Women Appointed to Large Boards 9/10 to 10/7 2012 Featured

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IBM Chairman to Retire; CEO to add Chairman’s Role

IBM President and CEO Ginni Rometty, 55, is taking on the added role of chairman, as Sam Palmisano, 61, prepares to retire. Palmisano will become a senior adviser until he retires at the end of the year. Palmisano served as CEO between 2002 and 2012, and has been Chairman since 2003.

Rometty took the reins at IBM in January, becoming the company’s ninth CEO and its first female leader. Previously, she was SVP of IBM Global Business Services. In that role, she led the successful integration of PricewaterhouseCoopers Consulting—the largest acquisition in professional services history, building a global team of more than 100,000 business consultants and services experts. She has also served as General Manager of IBM Global Services, Americas, and of IBM's Global Insurance and Financial Services Sector. She joined IBM in 1981 as a Systems Engineer.

Baxter Names DuPont Veteran to Board

Baxter appointed Uma Chowdhry, 65, to its Board of Directors. Chowdhry most recently served as SVP and Chief Science and Technology Officer at E.I. du Pont de Nemours before retiring in 2010. She started her career at DuPont in 1977 as a research scientist and held positions of increasing responsibility.

T. Rowe Price Group adds Finance, Banking, and Corporate Governance Advisor to board

T. Rowe Price Group elected the Honorable Mary K. Bush as an independent director of the company. Ms. Bush has served as the president of Bush International, which advises U.S. corporations and foreign governments on international capital markets and strategic business and economic matters. She is also a senior managing director of Brock Capital Group, a corporate advisory and consulting firm. Previously, Ms. Bush has served as head of the Federal Home Loan Bank System, head of international finance at Fannie Mae, and the U.S. government's representative on the International Monetary Fund Board. Ms. Bush serves on the boards of directors of Discover Financial Services, ManTech, and Marriott.

Logistics Company Names Financial Services Expert as New Director

C.H. Robinson Worldwide appointed a new director, Mary J. Steele Guilfoile, 58, to board. Currently she is chairman of MG Advisors, a privately owned financial services merger and acquisition advisory and consulting services firm. Prior to joining MG Advisors in 2002, Guilfoile spent twelve years with JP Morgan Chase and its predecessor companies, Chase Manhattan Corporation and Chemical Banking Corporation, as EVP, corporate treasurer, and chief administrative officer for its investment bank, and various merger integration, executive management and strategic planning positions. Guilfoile currently serves on the boards of The Interpublic Group of Companies and Valley National Bancorp.

Avon Products Chairman Changes

Executive Chairman Andrea Jung, 53, of Avon Products will step down from the Board at the end of 2012. Ms. Jung assumed the role of Executive Chairman in April this year. Before that she was Chairman and CEO. She has served as President, COO, EVP, President-Global Marketing, and President-Product Marketing. Previously, she was EVP for Neiman Marcus and a SVP for I. Magnin. Ms. Jung is a director of Apple and GE. She is a member of the N.Y. Presbyterian Hospital Board of Trustees, a director of Catalyst and a former Chairman of the World Federation of Direct Selling Associations.

Fred Hassan, 66, a well regarded turnaround expert and dealmaker who is lead independent director at Avon, will become non-executive chairman on January 1 2013. Hassan, who has been on Avon's board since 1999, is also a managing director and partner at private equity firm Warburg Pincus. He was chairman and CEO of Schering-Plough.

Internet Advertising Expert Joins e-Payment Solutions Company’s Board

VeriFone Systems appointed Wenda Harris Millard, 57, president and COO of MediaLink to its Board of Directors. One of the early pioneers of internet advertising, Millard was a key driver at DoubleClick, Ziff Davis, Yahoo!, and Martha Stewart Living Omnimedia before assuming her current role with MediaLink, an advisory firm that provides critical counsel and strategic direction to the media, marketing, advertising, entertainment and technology industries. Millard has served on multiple boards, including True North, Martha Stewart Living Omnimedia, Context Web and, currently, Millennial Media. She has also been chairman of the Internet Advertising Bureau and a board member of the James Beard Foundation.

Ad-Industry Power Player Joins Vera Bradley Board

Vera Bradley, the women’s bags and accessories design company, elected Karen Kaplan, 52, as a director. She is President of Hill Holliday, a Boston-based advertising agency, where she has worked since 1982. She serves as Chairman of the Greater Boston Chamber of Commerce. She serves on the Board of Governors of the Chief Executives' Club of Boston and the Board of the Massachusetts Conference for Women, and is a Trustee of the Post Office Square Trust, as well as a member of the Clinton Global Initiative. She is the immediate past President of the Massachusetts Women's Forum. Ms. Kaplan is a Trustee of Fidelity Investments, and is a Director of Delta Dental and DentaQuest. Ms. Kaplan was recently honored as one of the 100 most influential women in advertising by Advertising Age, and was previously selected by the publication as one of its "Women to Watch." She was also named one of the 50 most powerful people in Boston by Boston Magazine and the Boston Business Journal.

iGATE Appoints Seasoned International Business Leader to Board

Application development company iGATE named Naomi O. Seligman, 74, a seasoned international business leader with significant innovation experience to its Board. She has been a senior partner at Ostriker von Simson, a consulting firm focusing on IT, since 1999. Previously, Ms. Seligman served as a co-founder and senior partner of the Research Board, a private sector institution sponsored by one hundred CIOs from major corporations. She presently serves on the boards of Oracle, Akamai, Dun & Bradstreet. She also previously served as a director of Sun Microsystems, prior to its acquisition by Oracle.

Blackbaud New Director is Non-Profit Sector Service Leader

Blackbaud, the fund-raising software provider to nonprofit industry, appointed Joyce Nelson, former President and CEO of the National Multiple Sclerosis Society (NMSS), to its Board of Directors. Nelson was with NMSS for 28 years, serving as CEO for the last seven years until she recently retired in 2011. Nelson is a graduate of North Park University in Chicago where she was recognized for her accomplishments with the awarding of an honorary doctorate in 2006. She also received the Distinguished Alumni Award in 2012. She is a recipient of the Brotherhood Award in Media from the National Conference of Christians and Jews, was named Community Service Leader of the Year in 2008 by Paul Hastings, and received the Honor Award in 2009 from the Invisible Disabilities Advocates. She has served on the boards of the MS International Federation and the North Park University School of Non-Profit Management.

Procera Networks Adds Retired Finance Professional to Board

Procera Networks, a networking equipment company, appointed Elizabeth J. Huebner, 54, as a director. She retired from a 26-year career in the finance sector in 2006. Ms. Huebner was CFO from 2000 to 2006 at Getty Images, a provider of visual content and rights services. Prior to her service at Getty Images, she was CFO of Primus Knowledge Solutions, a software company specializing in knowledge management and self-service.

Mindpix Sees Board Changes

Internet and entertainment content company Mindpix’s Chairman Roxanna Weber and COO and Director Mary Waldman have resigned. The company appointed Andrea P. Diaz to serve as Chief Creative Officer and a Director on their Board. Ms. Diaz, a European native, has worked with branding public and private corporations such as Morgans Hotel Group, Menin Hotels, Dolce&Gabbana, Cohen Brothers Realty Corporation (DCOTA), iStar Residential, and Chanel. Her innovative expertise is an asset to ensuring that MPIX develops a tailored brand identity and brand equity. She will work directly with Company's Directors and Officers to drive creative development, establishing the MPIX brand, and ensuring that the MPIX brand personality is carried throughout all creative projects.

President's Advisory Council Member and Well-Known VC joins Board of Search Optimization SaaS Firm

RAMP, the next generation search and video experience company, raised a financing led by StarVest Partners. Deborah Farrington, 61, Co-Founder and General Partner at StarVest will join the RAMP Board of Directors. Prior to founding StarVest, Ms. Farrington held positions including: President and CEO of Victory Ventures, a PE investment firm where she also served as chairman of Staffing Resources. Ms. Farrington currently sits on the Boards of NetSuite, where she is lead director, Xignite, Host Analytics, and PivotLink on behalf of StarVest. She is also a member of the President's Advisory Council and investment committee of Smith College; a board member of the Harvard Business School Club of New York City; a member of The Committee of 200 and the Economic Club of New York; and a board member of Opportunity International, a leading international microfinance organization.

Former Cisco and HP Exec Named to ApeniMED’s Board

ApeniMED, a leader in healthcare interoperability and Nationwide Health Information Network (NwHIN) connectivity, appoints Barbara Stinnett to its Board of Directors. Stinnett will provide her expertise to help grow the financial and clinical product sales at ApeniMED as well as advise on fundraising, strategic acquisitions, and investor relations. Stinnett brings over 30 years of successful experience leading, creating, and developing profitable businesses. In addition to her role on the ApeniMED Board of Directors, Stinnett is currently the CEO and Managing Partner of the Timmaron Group, an organization serving CEOs, boards, and investors. Previously, she held leadership positions at Cisco Systems, SumTotal, I2 Technologies, and HP. She also serves on the boards of Altus365, Aidmatrix, and the Norris Institute, part of the University of St. Thomas, and is a mentor with the Minnesota Emerging Software Association.

Date range: September 10th - October 7th

Read 2875 times Last modified on Monday, 27 July 2020 15:12
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.

www.vell.com

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