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Tuesday, 29 April 2014 00:00

58 Open CEO Roles; 21 New Appointments Featured

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Vacant CEO Posts

DATE: March 21 to April 21, 2014

There were seven new CEO roles that opened up from March 21st  to April 21st, for a total of 58 Open CEO slots, all listed in this report.
The seven new openings include: Superior Industries International and eHealth (California), Wausau Paper (Wisconsin), Martinrea International (Canada), Basil Read Holdings Limited (South Africa), Infosys (India), and Bacardi Ltd. (Bermuda).

During this time period:
•    Six were external appointments
•    12 were internal promotions – Three were COOs, two were Presidents and seven were holding other functional or divisional positions
•    One was already a board member of the company and another was the former CEO of the company who has been re-appointed

Geographic distribution:
•    19 in the U.S.
•    2 in Canada

Out of the 21 appointments, three were women.

According to Liberum, CEO turnover for March 2014 declined 7% from that of March 2013. The month to month change showed a small decline of 2% for CEOs.

Top Industry sectors this month are: Banking, Drugs/Biotech and Metals/Mining.

For more details, please refer below to CEOs Wanted and CEOs Appointed.

You can also see our recent reports:  2013 Trends in Tech. Company Boards, Technology Boards, and Characteristics of Successful Tech Company CEOs.

Dora Vell
Vell Executive Search
t: 781-416-4003 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally. You can reach us at This email address is being protected from spambots. You need JavaScript enabled to view it. and our website is


CEOs Wanted


Arkansas Capital Corporation, Little Rock, AR                                        Revenues: Private
Arkansas Capital Corporation Group provides commercial financing services. The company was formerly known as First Arkansas Development Finance Corporation.

July 2013 - Sam Walls, who served as the CEO of The Arkansas Capital Corporation Group, has retired after 24 years of service. Rush Deacon, who has served as Chairman of the Board of Arkansas Capital Corporation, is now serving as the acting CEO for the company.


Symantec, Mountain View, CA                                                                Revenues: $6.9b
Symantec provides security, backup, and availability solutions worldwide.

March 2014 - Symantec has appointed board member Michael Brown as interim president and CEO, following the termination of Steve Bennett as the company's president and CEO and his resignation from Symantec's board. A special committee of the board will immediately begin the search for a permanent CEO with the assistance of a leading executive search firm.

Ixia, Calabasas, CA                                                                                Revenues: $413m
Ixia is a provider of converged Internet Protocol (IP) network validation and network visibility solutions.

October 2013 - Ixia announced that Vic Alston has resigned as its President and CEO and as a member of its board of directors following a determination by the Ixia audit committee that although he had attended Stanford University, he had misstated his academic credentials. The Board plans to commence a search to identify a permanent CEO for the company. The board has appointed Errol Ginsberg, Ixia’s chairman of the board, founder and former CEO as acting CEO (in addition to his current role as chief innovation officer), and Alex Pepe, senior vice president, strategy, as chief operating officer.

Demand Media, Santa Monica, CA                                                          Revenues: $380.6m
Demand Media is a diversified Internet media and domain services company.

October 2013 - Demand Media announced that CEO and Chairman Richard Rosenblatt has resigned. In his stead, the board has named Shawn Colo as interim president.

Maxwell Technologies, San Diego, CA                                                    Revenues: $159m  
Maxwell Technologies together with its subsidiaries, develops, manufactures, and markets energy storage and power delivery products, and microelectronic products worldwide.

October 2013 - Maxwell Technologies CEO David Schramm will retire from his position and the company has begun the search for a qualified individual.

Mozilla, Mountain View, CA                                                                     Revenues: Private
Mozilla is the the nonprofit organization behind Firefox, Firefox OS and other online tools.

April 2014 - Mozilla named former CMO Chris Beard a board member and its new acting CEO. Newly appointed CEO on March 24, Brendan Eich, resigned in the beginning of April after a highly controversial stance on gay marriage cut off his tenure after 11 days.

Digital Realty Trust, San Francisco, CA                                                        Revenues: $1.5b
Digital Realty Trust is a real estate investment trust (REIT). The Company owns, acquires, develops, redevelops and manages technology-related real estate.

March 2014 - A. William Stein, CFO and Chief Investment Officer, was appointed as Interim CEO, as CEO Michael F. Foust has departed., Redwood City, CA                                                                  Revenues: $88.2m provides cloud-based services and software that power technology support programs and technical support organizations.

March 2014 - Josh Pickus, the President and CEO of, gave notice of his resignation from all Company positions effective April 1, 2014. Jim Stephens, the Company's Chairman will serve as Executive Chairman and Interim CEO until a successor to Mr. Pickus is found and joins the Company.

Superior Industries International, Van Nuys, CA                                Revenues: $789.6m
Superior Industries International is engaged in the designing and manufacturing of aluminum road wheels for sale to original equipment manufacturers (OEMs).

March 2014 - Superior Industries International named its two EVPs, Michael J. O'Rourke and Kerry A. Shiba, as interim co-CEOs. O'Rourke and Shiba will assume the role while the Board completes its search for a CEO successor to Steven J. Borick, who is retiring as CEO.

eHealth, Mountain View, CA                                                                      Revenues: $153.4m
eHealth offers Internet-based health insurance agency services for individuals, families and small businesses in the United States, as well as technology licensing and Internet advertising services.

April 2014 - David Rounthwaite has been named interim CEO. The board is actively searching for a new CEO.


Crocs, Niwot, CO                                                                                    Revenues: $1.1b
Crocs is a designer, manufacturer and distributor of footwear and accessories.

January 2014 - Crocs CEO John McCarvel is retiring. Crocs said it is launching an outside search for McCarvel's replacement.


Citrix Systems, Fort Lauderdale, FL                                                         Revenues: $2.9b
Citrix Systems is a cloud computing company. The Company designs, develops and markets technology solutions that enable IT services.

January 2014 - Citrix Systems announced that CEO Mark Templeton has returned from a three-month personal leave to resume his role as CEO. But he intends to retire within the next year, subject to a successor. A committee of independent directors will lead the search process.

WellCare Health Plans, Tampa, FL                                                         Revenues: $7.4b
WellCare Health Plans is a provider of managed care services to government-sponsored health care programs, focusing on Medicaid and Medicare.

October 2013 - The Board of Directors appointed David J. Gallitano, the company's Chairman, to serve as the company's interim CEO, while a search is conducted by the board for a new CEO


Alternate Energy Holdings, Eagle, ID                                                     Revenues: NA
Alternate Energy Holdings is engaged in the purchase, optimization and construction of
green energy sources, primarily nuclear power plants.

November 2012 - Alternate Energy Holdings announced that founder Don Gillispie will step down as CEO and Director after seven years. The decision was made amid ongoing health concerns, although Gillispie will assist the company part time as a consultant as his health allows going forward. In his place, the AEHI Board of Directors voted unanimously to appoint Pete Honeysett, AEHI Director of Nuclear Projects, as President.


MGP Ingredients, Atchison, KS                                                               Revenues: $334m
MGP Ingredients produces certain distillery and ingredient products which are derived from corn, rye and barley, and wheat flour.

January 2014 - MGP Ingredients elected CFO Donald P. Tracy and VP, Engineering Randall Schrick to serve as interim Co-CEOs until a replacement CEO is hired.


Waters Corporation, Milford, MA                                                            Revenues: $1.84b
Waters Corporation is a laboratory analytical instrument and software company.

August 2013 - Waters Corporation announced that Douglas A. Berthiaume will retire as CEO within the next twenty-four months. The Board of Directors has appointed a Succession Planning Committee that will guide the process of selecting a successor, and plans to engage an executive search firm to assist in a search which will consider both internal and external candidates.

Watts Water Technologies, North Andover, MA                                     Revenues: $1.4b
Watts Water Technologies is a supplier of products for use in the water quality, water safety, water flow control and water conservation markets.

January 2014 - David J. Coghlan resigned as CEO, President and Director. Current EVP and CFO, Dean P. Freeman, 50, will serve as interim CEO and President. The Board of Directors has retained the firm of Crist Kolder Associates to conduct a search for the Company’s next Chief Executive Officer, which will include assessment of internal as well as external candidates.


Covisint, Detroit, MI                                                                          Revenues: $90.7m
Covisint provides cloud engagement platform for enabling organizations to securely connect, engage and collaborate with communities of customers, business partners and suppliers.
March 2014 – Covisint Corporation has named Sam Inman as interim CEO.


Famous Dave's of America, Minnetonka, MN                                         Revenues: $155m
Famous Dave's of America operates restaurants. As of January 1, 2012, there were 187 Famous Dave's restaurants operating in 37 states, including 54 company owned restaurants and 133 franchise operated restaurants.
February 2014 – The restaurant company’s CEO John Gilbert resigned abruptly and will be succeeded on an interim basis by a recently appointed board member, Ed Rensi, a former McDonald’s executive.


American Railcar Industries, St. Charles, MO                                        Revenues: $159.4m
American Railcar Industries designs and manufactures hopper and tank railcars in North America.

March 2013 – American Railcar Industries announced that James Cowan, its President and CEO, has resigned in order to pursue other interests. The board has appointed Jeffrey S. Hollister, who was most recently overseeing the company's railcar manufacturing group, as President and interim CEO.

New Jersey

Suburban Propane Partners, Whippany, NJ                                           Revenues: $1.64b
Suburban Propane Partners, L.P. (the Partnership) is a nationwide marketer and distributor of a range of products meeting the energy needs of the customers.

November 2013 - Suburban Propane Partners, L.P. announced that Michael J. Dunn, Jr. its President and CEO, will retire at the end of the current fiscal year, effective September 27, 2014.

Vonage Holdings, Holmdel, NJ                                                       Revenues: $830m
Vonage Holdings is a provider of communications services connecting people through broadband devices worldwide.

April 2014 - Vonage Holdings’ CEOMarc Lefar has shared his intention to retire from the Company upon completion of a process to select a successor.

New Mexico

Los Alamos National Bank, Los Alamos, NM                                           Revenues: Private
Los Alamos National Bank is a full service financial institution, serving customers in northern New Mexico.

February 2013 - Los Alamos National Bank’s CEO Bill Enloe has announced his retirement. Bank president Steve Wells will take over as interim CEO.

New York

Morgans Hotel Group, New York, NY                                                      Revenues: $189.9m
Morgans Hotel Group is a fully integrated lifestyle hospitality company.

September 2013 - Morgans Hotel Group said Michael Gross resigned as CEO after its largest shareholder led an ouster of the board. Jason Kalisman, the company’s chairman, will take over as interim CEO.

Fairway Group Holdings, New York, NY                                                 Revenues: $661m
Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.
February 2014 - Herbert Ruetsch is retiring after two years as CEO of Fairway. President William Sanford will become interim CEO.

Dow Jones & Company, New York, NY                                                   Revenues: NA
Dow Jones & Company is an American publishing and financial information firm and a division of News Corp.
January 2014 - Lex Fenwick, CEO of Dow Jones & Co., has left. Chief creative officer of News Corp, William Lewis, has assumed the role on an interim basis.

WPX Energy, Tulsa, OK                                                                          Revenues: $3.1b
WPX Energy is an independent natural gas and oil exploration and production company engaged in the exploitation and development of long-life unconventional properties.

December 2013 - WPX Energy announced that Ralph A. Hill will step down as President, CEO and Board Member and the company has appointed James J. Bender as interim President, CEO and Board Member, effective Dec. 31, 2013. A search committee consisting of four board directors – has been established and the executive recruiting firm Spencer Stuart has been retained to assist in an external CEO search.

Gulfport Energy Corporation, Oklahoma City, OK                                    Revenues: $248.6m
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company.

January 2014 - Gulfport Energy Corporation announced that CEO James Palm will retire. Gulfport's Board has begun a search for Mr. Palm's successor. The Board intends to conduct a review of both internal and external candidates. During this interim period, Michael Moore, the Company's President and CFO, will act as interim CEO.


Bryn Mawr Bank Corp, Bryn Mawr, PA                                                    Revenues: $107.1m
Bryn Mawr Bank Corporation operates as the holding company for The Bryn Mawr Trust Company that provides personal and business banking services.

May 2013 - Bryn Mawr Bank Corporation announced that Frederick C. Peters, II, its Chairman, CEO and President, has informed the Board of Directors of his intent to retire at or prior to the end of 2014. No successor has been named yet.

Michael Baker Corporation, Allegheny County, PA                                 Revenues: $593.4m
Michael Baker Corporation provides engineering services for public and private sector clients worldwide. The company operates in two segments: Transportation and Federal.

December 2012 - Michael Baker Corporation announced that, at the request of its Board of Directors, Bradley L. Mallory has stepped down as President and CEO and Director of the company. The company has created an Office of the Chief Executive, composed of Michael J. Zugay, CFO, and H. James McKnight, Chief Legal Officer, to lead the company on an interim basis. Supporting this office will be an Operations Committee consisting of senior operating executives representing the company's business segments. Korn/Ferry to assist Baker board with CEO search.

American Eagle Outfitters, Pittsburgh, PA                                             Revenues: $3.5b
American Eagle Outfitters is a specialty retailer that operates in the United Sates and Canada.

January 2014 - American Eagle Outfitters (AEO) said chief executive Robert Hanson is leaving the retailer, while executive chairman Jay Schottenstein will step in as his interim replacement.

Harsco Corporation, Camp Hill, PA                                                          Revenues: $2.8b
Harsco Corporation is a diversified, multinational provider of industrial services and engineered products.

March 2014 - Harsco Corporation announced that Patrick K. Decker has stepped down as President and CEO and Director, to become CEO of Xylem. Harsco director David C. Everitt has been appointed Interim President and CEO and will continue as a member of the Board. The Board will begin its search process immediately and will engage a leading executive search firm to assist in this process.

Bon-Ton Stores, York, PA                                                                      Revenues: $2.8b
The Bon-Ton Stores is a department store operators in the United States, offering an assortment of apparel and accessories for women, men and children.

March 2014 - Brendan L. Hoffman, President and CEO, will not renew his employment agreement with the Company at its expiration on February 7, 2015. The Board of Directors will undertake a national search to find a CEO to succeed Mr. Hoffman.


Kirkland’s, Nashville, TN                                                                          Revenues: $448.4m
Kirkland’s is a specialty retailer of home decor and gifts in the United States.
March 2013 - Kirkland's announced that Robert Alderson, the company’s long-time President and CEO, has advised the Board of Directors of his intention to retire from the Company at the end of fiscal 2013, or approximately February 1, 2014.

TeamHealth Holdings, Knoxville, TN                                                       Revenues: $2.1b
TeamHealth is a provider of outsourced physician staffing solutions for hospitals in U.S.
January 2014 - Team Health Holdings’ CEO Greg Roth has decided to retire. The company's Board of Directors will begin an executive search for a new CEO, while Roth will remain as CEO throughout the search process to manage an orderly transition in the leadership of the company.


KBR, Houston, TX                                                                                    Revenues: $7.77b
KBR is a global engineering, construction and services company.

December 2013 - KBR announced that William P. "Bill" Utt will retire from his role as Chairman, President and CEO in 2014. The Board of Directors has formed a search committee to identify his successor.

Washington, DC

LivingSocial, Washington, DC                                                                 Revenues: Private
LivingSocial provides daily deals with discounts at local restaurants, bars, spas, and theaters in the United States and internationally.
January 2014 - LivingSocial, a daily deal coupon site that’s partially owned by, said co-founder and CEO Tim O’Shaughnessy is stepping down amid stagnant sales. He will remain CEO until the company finds a replacement in the first half of 2014.

Pepco Holdings, Washington, DC                                                            Revenues: $5b
Pepco Holdings is engaged primarily in the transmission, distribution and default supply of electricity and the distribution and supply of natural gas.
January 2014 - Pepco Holdings announced that Chairman, President and CEO Joseph M. Rigby has notified to retire from PHI in the first half of 2015. To provide for a smooth transition, Rigby will step down as CEO near the end of 2014, following the selection of his successor.

West Virginia

MTR Gaming Group, Chester, WV                                                           Revenues: $478.6m
MTR Gaming Group owns and operates racetrack, gaming and hotel properties in West Virginia, Pennsylvania, and Ohio.

April 2013 - Jeffrey J. Dahl has provided his notice of resignation from his position as President and CEO of MTR Gaming Group to pursue other business opportunities. Dahl has agreed to remain in his current position as the Board conducts its interview process for a new CEO. COO Joseph L. Billhimer adds on the role of Acting President.


Brady Corporation, Milwaukee, WI                                                         Revenues: $1.15b
Brady Corporation is a global manufacturer and marketer of complete identification solutions.

October 2013 - Brady announced the retirement of President and CEO Frank M. Jaehnert. Current SVP and CFO Thomas J. Felmer will replace him as interim President and CEO.

Wausau Paper, Mosinee, WI                                                         Revenues: $348.6m
Wausau Paper manufactures, converts, and sells paper and paper products.

April 2014 - Wausau Paper’s President and CEO, Henry C. "Hank" Newell, has stepped down. Michael C. Burandt, a Wausau Paper Board member since February 2012, has been appointed interim CEO and will become Chairman following a brief transition period. The Board is conducting a search for a permanent CEO replacement.


Vitran Corporation, Toronto, Ontario                                                      Revenues: $702.9m
Vitran provides freight surface transportation and related supply chain services in Canada and United States.
April 2013 - Vitran Corporation announced that its Board of Directors has appointed Bill Deluce, a current member of the board, as interim President and CEO following the resignation of Rick Gaetz as President and CEO and a Director of the Company, effective immediately.

Ritchie Bros. Auctioneers, Burnaby, BC                                                 Revenues: $438m
Ritchie Bros. operates as an auctioneer of industrial equipment. The company operates from approximately 110 locations in 25 countries, including 44 auction sites worldwide.
October 2013 - Ritchie Bros. Auctioneers announced that CEO Peter Blake will step down in May 2014. Blake will remain as CEO, continuing to lead the company and the board will initiate a search for his replacement.

Rockbridge Resources, Vancouver, BC                                                   Revenues: $288.03m
RockBridge Resources engages in the acquisition and development of oil and natural gas resource properties in Canada.

June 2013 - Canadian junior RockBridge Resources is in the hunt for a new boss after its President and CEO quit. Mike O’Byrne is vacating the top seat “to focus on his own business endeavours” but will remain on the board, the Vancouver-based explorer said. Current director Stephen Mathiesen, a business lawyer and partner with Lang Michener, will step in on an interim basis.

Absolute Software, Vancouver, BC                                                         Revenues: $83.2m
Absolute Software is engaged in providing software solutions for the security and management of computers and mobile computing devices.
December 2013 - Absolute Software’s CEO John Livingston has tendered his resignation as CEO and as a member of the Board of Directors. Errol Olsen, CFO, will serve as interim CEO while the Board conducts a search for a new CEO and Daniel Ryan will serve as Chairman of the Board.

Canexus, CALGARY, AB                                                                   Revenues: $553m
Canexus, through its subsidiaries, produces sodium chlorate and chlor-alkali products in four plants located in Canada and two plants located at one site in Brazil, largely for the pulp and paper and water treatment industries.
March 2014 - Canexus Corp. says Gary Kubera has stepped down as CEO of the company, effective immediately. In the meantime, Richard Ott, currently on Canexus’ board of directors, will fill the role in the interim.

TMX Group Ltd., Toronto, ON                                                                   Revenues: $773m
The TMX Group owns and operates stock exchanges, the Toronto Stock Exchange (TSX), and the TSX Venture Exchange (TSX-V), formerly known as the Canadian Venture Exchange (CDNX), the Montreal Exchange, the Natural Gas Exchange and the Boston Options Exchange.
March 2014 - Canada's leading exchange, TMX Group Ltd., is looking for a new leader, following the news that CEO, Thomas Kloet, intends to retire from the firm at the end of August.

Martinrea International, Toronto, ON                                                  Revenues: $2.9b
Martinrea International is engaged in the production and development of quality metal parts, assemblies and modules, fluid management systems and complex aluminum products focused primarily on the automotive sector.
March 2014 - Metal parts maker Martinrea International's president and CEO, Nick Orlando, will step down from his role. The company said it would conduct a search for a new president and CEO immediately, with executive chairman Rob Wildeboer noting some personal health issues of Orlando during his tenure.

Other International

Nokia, Espoo, Finland                                                                             Revenues: $30.17b
Nokia Corporation is a Finnish multinational communications and information technology corporation that is headquartered in Espoo, Finland.
September 2013 - Nokia said its CEO, Stephen Elop, will move to Microsoft Corp when the deal to acquire Nokia's handset business is closed. Nokia board chairman Risto Siilasmaa will take over CEO duties while the Finnish firm is looking for a new CEO. Microsoft is working toward having the successor to CEO Steve Ballmer in place by the end of this year.

Domino’s Pizza Group plc, Milton Keynes, UK                                        Revenues: $240m
Domino’s Pizza Group plc is a pizza delivery company and holds the master franchise to own, operate and franchise Domino's Pizza stores.
December 2013 - Domino's Pizza’s CEO Lance Batchelor would stand down next year. The group has opened the search for a new CEO. David Wild, currently the Senior Non-Executive Director of the Company, will be appointed as Interim Chief Executive with immediate effect, acting in an Executive capacity for a temporary period until two months after a new Chief Executive is appointed.

Mulberry Group, Chilcompton, UK                                                       Revenues: $165.1m
Mulberry Group is engaged in the design and manufacture or sourcing of luxury accessories, clothing and footwear and their subsequent sale through wholesale channels or its own stores and concessions in home and export markets.
March 2014 - Bruno Guillon, the CEO of English luxury brand Mulberry, has stepped down from his role less than two months after the retailer issued a profit warning. Godfrey Davis, who is currently non-executive chairman and was previously CEO, will become executive chairman until a successor is found.

Mothercare, Watford, UK                                                                   Revenues: $749.4m
Mothercare plc is a retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands.
February 2014 - Mothercare CEO Simon Calver has resigned from the retailer after less than two years in the role, but intends to remain until the end of March. Mothercare has appointed former Shop Direct boss Mark Newton-Jones as interim CEO.

Polyus Gold International Limited, London, UK                                     Revenues: $2.84b
Open Joint Stock Company Polyus Gold, together with its subsidiaries, engages in the extraction, refining, and sale of gold.
November 2013 - Polyus Gold International Limited announces that Mr. Pavel Grachev, a member of the Board of Directors, has taken on the added responsibilities of interim CEO of the Company until a successor is elected, and Mr. German Pikhoya has now resigned as CEO and Director of the company with immediate effect.

Jet Airways (India) Limited, Mumbai, India                                           Revenues: $3.1b
Jet Airways (India) Limited is a holding company. The company is a scheduled airline with domestic and international operations.
January 2014 - Jet Airways announced that Gary Kenneth Toomey had resigned from his position as CEO of the airline with immediate effect. Toomey had joined the airline just six months ago on a three-year contract. CFO Ravishankar Gopalakrishnan will be the acting CEO until the board names a new chief.

Kingfisher Airlines, Mumbai, India                                                          Revenues: $5.01b
Kingfisher Airlines Ltd is engaged in rendering scheduled and unscheduled aircraft passenger and cargo services, including charter services.
February 2014 - Kingfisher Airlines CEO Sanjay Aggarwal put in his papers, with no replacement announced.

Basil Read Holdings Limited, Boksburg, South Africa                                 Revenues: $600.7m
Basil Read Holdings Limited is a South Africa-based construction company.
March 2014 - Basil Read CEO Marius Heyns has advised the group's board of his intention to retire. Terence Desmond Hughes, the managing director of Basil Read Developments, has been appointed as interim CEO with effect from 1 June 2014.

Infosys, Bangalore, India                                                                        Revenues: $8.2b
Infosys provides business consulting, technology, engineering and outsourcing services.
March 2014 - Infosys has started the search for its first non-founder CEO. Present CEO S. D. Shibulal, 59, has decided to retire as the CEO, managing director and a member of the board on January 9, 2015 or when his successor is ready to assume office.

Bacardi Limited, HAMILTON, Bermuda                                                          Revenues: NA
Bacardi is the largest privately held spirits company in the world.
April 2014 - Bacardi Limited announced the departure of president and CEO Ed Shirley. An interim CEO will be announced shortly and will serve until a successor is appointed.

CEOs Appointed


  • ReachLocal: ReachLocal, local online marketing firm, named former Thomson, Penton Media, and Altegrity CEO Sharon Rowlands as CEO & Director, replacing interim CEO David Carlick, who will remain Chairman.
  • Impax Laboratories: President, Actavis Global Research and Development at Actavis plc, G. Frederick Wilkinson, has been named Impax's President and CEO.


  • SM Energy: SM Energy’s CEO Anthony J. Best will retire within the next twelve months. Javan D. Ottoson, currently President and COO, will be promoted as the Company's CEO.


  • Robert Bosch Tool Corporation: Bosch has announced that company insider Heiko Fischer is named President and CEO of Robert Bosch Tool Corporation.


  • Dow AgroSciences: Antonio Galindez, president and CEO of Dow AgroSciences (DAS), a wholly owned subsidiary of The Dow Chemical Company will retire, replaced by Tim Hassinger, global commercial leader for Dow AgroSciences and global leader of Dow AgroSciences' Crop Protection Global BU, has been named as Galindez' successor.


  • Ford Motor: Ford Motor named current COO, Mark Fields, as the company's next CEO, current Ford CEO, Alan Mulally, is planning to step down before the end of 2014.

New Jersey

  • Sun Bancorp: Sun Bancorp hires former President and CEO of State Bank of Long Island/State Bancorp, Thomas M. O'Brien, as President and CEO.

New York

  • Telehouse America: Data center services provider Telehouse America’s CEO Masaaki Nakanishi retires, replaced by company veteran Satoru Manabe.
  • Equity One: Equity One names real estate professional David Lukes as the next CEO of the Company.

North Carolina

  • Reynolds American: Reynolds American, the maker of Camel brand cigarettes, announced former CEO Susan Cameron will return as CEO after Daniel Delen retires on May 1.


  • Health Care REIT: Health Care REIT appointed Thomas J. DeRosa, 56, a Director of the company and former Vice Chairman and CFO of The Rouse Company, has been appointed CEO, succeeding George L. Chapman.
  • Calvin Klein: Calvin Klein's CEO, Tom Murry, will transition to Chairman role, replaced by Steve Shiffman, presently the President & Chief Commercial Officer as CEO.
  • Omnicare: President & COO Nitin Sahney has been named President & CEO.


  • CONSOL Energy: The coal and natural gas producer’s Chair & CEO J. Brett Harvey, will become Executive Chairman, and Nicholas J. DeIuliis, President, will become President & CEO.


  • UniPixel: Touchscreen film maker UniPixel hired SVP and GM – Veeco MOCVD Business, Jeff Hawthorne, as CEO and president.
  • Noble Energy: Noble Energy to promote COO David Stover to CEO as Charles Davidson retires.


  • MCG Capital: MCG Capital Corporation’s President Keith Kennedy, 44, has been elected as CEO.

Washington, D.C.

  • National Geographic Channels: The CEO of National Geographic Channels David Lyle resigns, replaced by CMO of National Geographic Channels’ domestic networks Courteney Monroe.
  • Danaher Corporation: Danaher has picked a 25-year company veteran and EVP Thomas Joyce Jr. as its next CEO, who will replace Lawrence Culp Jr.


  • Potash Corporation: Potash Corporation of Saskatchewan’s President and CEO Bill Doyle will step down, replaced by Jochen Tilk, the former CEO of Inmet Mining, a Canadian metals company.
  • Telus Corp: Canada’s second-biggest wireless carrier named Chief Commercial Officer Joe Natale as CEO to replace Darren Entwistle, who is stepping aside after holding the job since 2000.

Vell Team

Dora Vell - Managing Partner
Paula Axelrod – Vice President
Judy Smith - Senior Consultant
Dal Coger – Senior Consultant
Ajanta Banerjee – Research Consultant
Sue McLaughlin – Manager, Business Operations
Liza Teich – Marketing Coordinator

Read 3807 times Last modified on Saturday, 08 August 2020 20:33
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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