Verizon’s New Board Member is President and CEO of Walgreen
Verizon Communications elected Gregory D. Wasson, 54, President and CEO of Walgreen, to the Board of Directors. He was president and COO of Walgreens before being appointed CEO in 2009. Wasson was promoted to EVP, SVP and president of Walgreens Health Initiatives, before which, Wasson was regional VP of store operations. He joined Walgreens as a pharmacy intern in 1980, and managed several Houston Walgreens drugstores before being promoted to district manager in 1986. Wasson serves on the board of Alliance Boots, in which Walgreens holds a 45 percent equity stake. He is board chairman for the National Association of Chain Drug Stores and also serves on the boards of the Retail Industry Leaders Association, the Healthcare Leadership Council and the Consumer Goods Forum, among other organizations. He is a member of The Economic Club of Chicago, The Business Council, The Wall Street Journal CEO Council and the civic committee of the Commercial Club of Chicago. Among activities on behalf of various non-profit organizations, he served as chairman for the Illinois chapter of the American Cancer Society's CEOs against Cancer.
Qualcomm Witnesses CFO Change
Qualcomm’s CFO for the past 11 years, William (Bill) Keitel, 59, will be retiring. George S. Davis, 54, currently EVP and CFO of Applied Materials, will replace Mr. Keitel. During his nearly 13-year tenure with Applied Materials, Davis held several leadership roles including corporate treasurer and head of the Corporate Business Development group, where he was responsible for merger and acquisition activities, strategic planning, and management of the Company's venture investments. In addition to his finance and business development oversight, George also had responsibility for the company's activities in IT, government affairs and corporate relations. He is also a member of The Wall Street Journal CFO Network, The Conference Board Council of Financial Executives, The Applied Materials Foundation board and was a longstanding member of the board of trustees for the San Jose Repertory Theatre.
Chairman and CEO of Motorola Solutions Joins Cisco Board
Cisco named Greg Brown, 52, Chairman and CEO of Motorola Solutions, to its board. He joined Motorola in and became CEO in 2008 and led the spin-off of the consumer-focused Motorola Mobility in 2011. He also served as president and COO of Motorola in 2007. Prior to joining Motorola, he was chairman and CEO of Micromuse. Brown serves as deputy chair of the Federal Reserve Bank of Chicago, vice chair of the US-China Business Council, and recently was named by the Business Roundtable to lead a select CEO committee on comprehensive immigration reform. He also is a member of The Business Council and Technology CEO Council. Additionally, Brown is a member of the Northwestern Memorial Hospital Board, the Civic Committee of the Commercial Club of Chicago, and World Business Chicago.
Time Warner Cable CEO to Step Down
Time Warner Cable CEO Glenn Britt, 63, will step down at end of 2013. He has served as the Company’s CEO since 2001. He also has served as the Company’s Chairman since 2009 and previously from 2001 to 2006. Prior to that, he held various senior positions with Time Warner Cable Ventures, a unit of Time Warner Entertainment Company, now a Company subsidiary, certain of the Company’s predecessor entities, and Time Warner and its predecessor Time Inc. Mr. Britt has served as a director since 2003 and is also a director of Xerox and Cardinal Health. He previously served as a trustee of Teachers’ Insurance and Annuity Association.
Nokia Board to Go Through More Changes
Nokia named Mary Elizabeth “Liz” Doherty, 54, currently CFO of Reckitt Benckiser, to its Board. Prior, she has served as Group CFO at Brambles, Group International Finance Director at Tesco, SVP Finance CE&E at Unilever, Commercial (Finance) Director at Unilever Thailand, Commercial Director - Frudesa (Spain) at Unilever, Commercial Director - Frigo (Spain) at Unilever, Supply Chain Mgr - Mattesson Walls at Unilever, and Auditor at Unilever.
Dame Marjorie Scardino, 66, and Isabel Marey-Semper, 45, have informed that they will no longer be available for re-election to the Nokia Board of Directors. Dame Marjorie Scardino has been a Nokia Board member since 2001 and Isabel Marey-Semper since 2009. Dame Scardino is CEO of Pearson. Earlier in her career, she was CEO and President of the North American Operations of The Economist Group; Lawyer and Publisher of The Georgia Gazette newspaper.
Isabel Marey-Semper has served as the CFO of PSA Peugeot Citroen. Previously, she served as its Head of Strategy Department and VP of Finance. She was COO of Intellectual Property and Licensing BU of Thomson, VP of Corporate Planning at Saint-Gobain, Director of Corporate Planning, High Performance Materials at Saint-Gobain, Principal at A.T. Kearney (Telesis, prior to acquisition by A.T. Kearney).
Alcatel-Lucent CEO Stepping Down
Alcatel Lucent CEO Ben Verwaayen, 61, is not seeking re-election as a director at this year’s annual general meeting, and will step down as CEO once a successful transition has been executed. Hired in 2008, Verwaayen succeeded Patricia Russo, who was then CEO of Lucent Technologies. Russo was instrumental in merging Lucent Technologies with Alcatel.
Previously, Verwaayen was CEO & Director of BT Group since 2002. Before joining BT Group, he was at Lucent Technologies starting in 1997, holding various positions. He left Lucent as Vice Chairman of the Management Board. Other positions that Ben Verwaayen held at Lucent were EVP and COO, and EVP, International. Prior to joining Lucent, he worked for KPN in the Netherlands for nine years as President and Managing Director of its subsidiary PTT Telecom. From 1975 to 1988, he worked at ITT in Europe.
Currently, Ben is also Chairman of the Confederation of British Industry (CBI) Climate Change Board and in 2010 was elected member of the World Economic Forum’s Foundation Board. He is an Officer of the Order of Orange-Nassau, an Honorary Knight of the British Empire (KBE), and a Chevalier de la Légion d 'Honneur.
General Cable Corporation Appoints Americas Leader
General Cable Corporation announced that Gregory J. Lampert will assume responsibility for all the Company's operations in the Americas, which includes Canada, the United States, Mexico, the Caribbean as well as Central/South America, as EVP, President and CEO of General Cable North America. Mr. Lampert joined General Cable in 1998 and has held leadership roles touching nearly every aspect of the business. He has served as EVP, President and CEO for General Cable North America since 2008 and is a member of the Company's Global Operating Committee. He previously was EVP and Group President, North American Electrical and Communications Infrastructure since 2007. Prior to that, he was VP and General Manager of CarolR Brand products.
Date range: January 17 - February 10