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Data, Software & Tech Companies Search for CIOs and Senior Tech Roles Featured

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Vell Compiles Open CIO Roles and Placements in the Past Month
PREPARED BY: Vell Executive Search
DATE: May 21 to June 19, 2014

Welcome to our monthly update on CIO/CTO Turnover. This newsletter covers Tech function roles, including CIOs, CTOs, CISOs, and Head of Tech & Ops. This is for the month ending June 19, 2014. C-Suite turnover remained virtually the same year over year and witnessed 8% increase month to month for May (Source: Liberum). Top Industry sectors for overall C-Suite turnover in April, according to the same source, are: Drugs/Biotech, Business Services and Banking.

Total Number of Open Roles: 34
Newly Opened Roles: 4 - City of New Orleans (Louisiana), Neiman Marcus Group (Texas), Symetra Financial (Washington), and The Co-Operative Group (UK)

New Appointments: 20

  • Diversity: 4 out of 20 are women  (State of Colorado, Starwood Hotels & Resorts Worldwide, Ace Hardware and Texas Instruments)
  • Geographic Distribution: all 20 new appointments are in the US

For more details on Open CIO roles and appointments, please refer to sections below on CIOs Wanted and CIOs Appointed.

Other recent reports: 
CIO Succession; 2013 Trends in Tech. Company Boards and CEOs Wanted (latest Open CEO Posts and Appointments)

Dora Vell

Vell Executive Search
t: 617-530-1260
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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 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

CIOs Wanted


Intel Labs, Santa Clara, CA                                                                       Revenues: $53.34b
Intel Corporation designs and manufactures integrated digital technology platforms.
July 2013 - Justin Rattner, Intel's CTO and director of the company's labs, is stepping down to meet a requirement in the company's bylaws that employees cannot serve as corporate officers after the age of 65. Intel Labs will report to Intel President Renée James until further decisions related to its leadership are made.

Synaptics, San Jose, CA                                                                            Revenues: $663m
Synaptics is a developer and supplier of custom-designed human interface solutions that enable people to interact with a range of mobile computing, communications, entertainment, and other electronic devices.

November 2013 - Stanley A. Swearingen, Jr. resigned as CTO of the company. His successor is not yet named.

Cutera, Mountain View, CA                                                                        Revenues: $77.3m
Cutera, a medical device company, engages in the research, design, development of laser and other energy based aesthetics systems for practitioners worldwide.

September 2012 - Cutera announced the resignation of Leonard DeBenedictis, who is stepping down just 18 months after being named CTO of the Mountain View, Calif.-based aesthetic device maker. No replacement has been announced.

Axesstel, San Diego, CA                                                                            Revenues: $59.7m
Axesstel provides wireless voice, broadband access and connected home solutions for the worldwide telecommunications markets.
September 2013 - On September 4, 2013, Stephen Sek tendered his resignation as Chief Technology Officer, effective September 30, 2013. Mr. Sek is leaving to accept a position with a company he worked with prior to joining Axesstel, Inc. in 2006.

Violin Memory, Santa Clara, CA                                                                Revenues: $73.8m
Violin Memory develops a new class of flash-based storage systems that are designed to bring storage performance in-line with high-speed applications, servers and networks.

December 2013 - Violin Memory software CTO Jonathan Goldrick has left the company, with no replacement announced.

LeapFrog Enterprises, Emeryville, CA                                                       Revenues: $581m
LeapFrog Enterprises developes educational entertainment for children.

December 2013 – LeapFrog is looking for a CTO, who will have global responsibility for the implementation of critical customer facing applications and infrastructure systems in the organization as well as web development, software engineering and customer facing software quality assurance.

Splunk, San Francisco, CA                                                                         Revenues: $198m
Splunk provides a software platform. Splunk’s software collects and indexes data regardless of format or source, and enables users to search, correlate, analyze, monitor and report on this data, all in real time.

November 2013 – The Splunk IT team is looking for a Chief Information Security Officer. The CISO develops and maintains enterprise security and risk policies, oversees vendor and technology risk management, and influences user behavior. The CISO will report to CIO.

ServiceNow, San Diego, CA                                                                       Revenues: $243.7m
ServiceNow is a provider of cloud-based services to automate enterprise IT operations.

January 2014 – Arne Josefsberg, CTO of ServiceNow, resigned from the Company to join GoDaddy. No Details on Interim or Replacement has been announced.


Molycorp, Greenwood Village, CO                                                             Revenues: $528m
Molycorp provides Rare Earths and Molybdenum products to companies.

March 2013 - Molycorp’s EVP & CTO John Burba, PhD., 60, has resigned, with no replacements announced.


SunGard iWorks, Alpharetta, GA                                                                          Revenues: NA
SunGard iWorks is the insurance industry focused vertical within SunGard.

December 2013 - SunGard is looking for iWorks CIO, with direct responsibility for all product initiatives across SunGard Insurance.


Groupon, Chicago, IL                                                                                 Revenues: $2.33b
Groupon operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally.

November 2012 - Groupon is currently seeking a CIO, as Alan McIntosh has left the company.

Horace Mann, Springfield, IL                                                                     Revenues: NA
Horace Mann is the largest, national multiline insurance company focusing on educators’ financial needs with more than $7 billion in assets. Horace Mann offers auto and homeowners insurance, retirement annuities, life insurance and other financial solutions to educators and their families.

May 2013 - Horace Mann is currently seeking a CIO to replace Mark Hansen, who recently left.

United Stationers, Deerfield, IL                                                                Revenues: $5.08b
United Stationers is a wholesale distributor of business products, including technology products, traditional office products, office furniture, janitorial and breakroom supplies, and industrial supplies.

August 2013 - S. David Bent, Senior Vice President of eBusiness Services and Corporate CIO, will be leaving United Stationers to pursue a new career opportunity. No replacements announced.

Federal Signal Corporation, Oak Brook, IL                                              Revenues: $803m
Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers.

July 2013 - Federal Signal Corporation announced that on July 18, 2013, Charles F. Avery, Jr. submitted to the Company his notice of his intention to resign as the CP, Corporate Controller and CIO, effective July 31, 2013. No replacements announced.

Lawson Products, Chicago, IL                                                                  Revenues: $290m
Lawson Products distributes products and services to the industrial, commercial, institutional, and governmental maintenance, repair, and operations (MRO) marketplace.

November 2013 - Mr. Robert O. Border, SVP, CIO of Lawson Products notified the Company that he is leaving his current position effective December 1, 2013 to pursue a senior level position with another organization. No replacement has been announced yet.


1st Source Bank, South Bend, IN                                                             Revenues: NA
Founded in 1863 in South Bend, Indiana, 1st Source bank remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area.

September 2013 - 1st Source Bank seeks to recruit a CIO who will be responsible for providing vision and leadership in developing and implementing information technology initiatives and for managing the Information Technology Group.


City of New Orleans, New Orleans, LA                                                            Revenues: NA
New Orleans is a major United States port and the largest city and metropolitan area in the state of Louisiana.    

May 2014 - The city of New Orleans is looking for new CIO. The position was vacated by Allen Square, who served four years as the city’s CIO, inheriting a scandal-ridden department in which his two predecessors pled guilty to bribery charges. Apply by sending a cover letter and resume to This email address is being protected from spambots. You need JavaScript enabled to view it..

Maryland, Potomac, MD                                                            Revenues: Private provides an online marketplace for domain names as well as revenue-sharing and brand development opportunities for individuals and corporations.    

February 2013 - Chad Bennett, who served as President and Chief Technical Officer at Michael Mann's aftermarket sales venue,, for the past 10 months has stepped down from that position.

Food & Drug Administration, Silver Spring, MD                                         Revenues: NA
Department of Health & Human Services, Food & Drug Administration. The FDA is a Federal scientific law enforcement agency with the legislated responsibility for ensuring that drugs, biological products and medical devices are safe and effective, that food and drugs are adequately packaged and informatively labeled and that radiation emitting devices are safe, and to prevent and reduce tobacco use.   

September 2013- Food & Drug Administration office is looking for a CIO.


City of Boston, Boston, MA                                                                      Revenues: NA
Boston is the capital and largest city of the state of Massachusetts.    

March 2014 - Under the leadership of Mayor Martin J. Walsh, the City of Boston seeks a technology leader with a strong concern for and awareness of urban issues, who, as CIO, will build the infrastructure, tools, and team that deliver against this vision. Justin C. Holmes  is the intrim CIO appointed in January 2014.

New Jersey

Hill International, Marlton, NJ                                                                   Revenues: $417m
Hill International is a worldwide construction consulting firm headquartered in Marlton, NJ.

November 2013 – The company is seeking an experienced CIO.

New York

Adecco Group North America, Melville, NY                                                Revenues: NA
Adecco Group North America is the nation’s leading provider of recruitment and workforce solutions. We are the pre-eminent workforce management partner for Fortune 500 companies and career advisement expert for American workers, serving all of the key industries and professions that drive our economy forward.

June 2013 – Adecco’s CIO, Information Technology, Bryan Ackermann, has joined Korn/Ferry as CIO. Adecco hasn’t announced any replacement yet.

North American Breweries, Rochester, NY                                               Revenues: NA
North American Breweries (NAB) is the national platform for investments and growth in the beer and malt beverages industries for KPS Capital Partners, LP. NAB acquired Genesee Brewing Company, Labatt USA and a perpetual license for Seagram's Escapes from Pernod Ricard USA, LLC in 2009. The combination created the largest independently-owned beer company in the U.S.

July 2013 – The company is looking for a CIO, who will be responsible for managing the company’s IT organization in order to maintain and enhance the systems that enable business performance. 

New York state, Albany, NY                                                                 Revenues: NA
New York is a state in the Northeastern and Mid-Atlantic regions of the United States.

April 2014 – New York state is looking for a new CIO. The job is to lead the Office of Information and Technology Services (ITS), a relatively new agency with 3,800 employees and a budget of $915 million. The new CIO will replace Brian Digman, who took office in January 2013, two months after the formation of ITS.


MedAmerica, Pittsburgh, PA                                                                       Revenues: NA
MedAmerica is a nationally recognized medical practice support and consulting company that provides innovative products and services to support emergency, primary and hospital-based care in today's complex environment.
January 2014 - MedAmerica is hiring: CIO, responsible for the strategic planning and execution of the IT vision, goals, and initiatives that support the long term objectives and mission of MedAmerica and CEP America.


RadioShack Corporation, Fort Worth, TX                                                   Revenues: $4.25b
RadioShack Corporation (RadioShack) is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain.
June 2013 - RadioShack Corporation announced that Ms. Sharon Stufflebeme, the Company's Senior Vice President and CIO, resigned to pursue other interests. Ms. Stufflebeme's duties will be temporarily assumed by various members of the Company's management while the Company commences a search for a replacement.

Neiman Marcus Group, Dallas, TX                                                              Revenues: Private
Neiman Marcus Group, through its subsidiary, the Neiman Marcus Group, operates as a luxury retailer in the United States. The company operates through two segments, Specialty Retail Stores and Online.
May 2014 - Neiman Marcus Group, the retailer that announced a data breach shortly after it was discovered more than 40 million credit cards had been compromised at Target, is on the hunt for its first chief information security officer.


US Department of Defense, Arlington County, VA                              Revenues: NA
The Department of Defense (Defense Department, USDOD, DOD, DoD or the Pentagon) is the executive department of the government of the United States charged with coordinating and supervising all agencies and functions of the government concerned directly with national security and the United States Armed Forces.

May 2014 - Deputy CIO David DeVries has assumed the role of acting CIO at the Defense Department. DeVries will stay on until the agency finds a permanent replacement for the post, which Teri Takai vacated.


Symetra Financial, Bellevue, WA                                                                   Revenues: $2.1b
Symetra Financial provides products and services that serve the retirement, employee benefits, and life insurance markets in the United States and the District of Columbia.

May 2014 - George N. McKinnon, SVP and CIO of Symetra Financial, will leave the company. Margaret A. Meister, Symetra EVP and CFO, will take over McKinnon’s responsibilities until he can be replaced, the company also said.

Washington, D.C.

American Wind Energy Association, Washington, DC                              Revenues: NA
American Wind Energy Association (AWEA) is a national trade association formed in 1974 and representing wind power project developers, equipment suppliers, and others involved in the wind industry.

March 2013 - AWEA is currently seeking a CIO, as Thad Lurie has left the post.

United States Department of Interior, Washington, DC                                      Revenues: NA
The United States Department of the Interior (DOI) is responsible for the management and conservation of most federal land and natural resources, and the administration of programs relating to American Indians, Alaska Natives, Native Hawaiians, territorial affairs, and insular areas of the U.S.

April 2014 - Interior Department CIO Bernie Mazer is retiring and transitioning out of his role. 
Sylvia Burns took over the reins as Interior Department’s acting CIO.

Other International

Deutsche Boerse, Eschborn, Germany                                                      Revenues: NA
Deutsche Boerse AG is a Germany-based international financial marketplace operator. It operates four business segments: Xetra; Eurex; Clearstream, and Market Data & Analytics.

October 2013 - Deutsche Borse CTO and Clearstream CIO, Yves Baguet, leaves. His CIO responsibilities will be taken over by Richard Green, who is currently running one of Clearstream's application development departments. Green will also take over the CTO role on an interim basis.

    The Co-operative Group, Manchester, UK                                                      Revenues: NA
The Co-operative Group is a British consumer cooperative with a diverse range of retail businesses. It is co-operatively run and owned by its members.

June 2014 - Troubled retailer, financial services, funeral and legal services provider The Co-operative Group has lost its Group CIO Andy Haywood. No replacement has been announced yet.

CIOs Appointed


Global Eagle Entertainment: Global Eagle Entertainment appointed network services expert and Spacenet CTO Aditya Chatterjee as CTO and Senior Vice President of Engineering.


Colorado: Catholic Health Initiatives exec Suma Nallapati was appointed as State CIO.


GE Capital: GE Capital appoints James R. Fowler, 42, as VP and CIO.

Starwood Hotels & Resorts Worldwide: Martha Poulter, former CIO of GE Capital, was appointed EVP and CIO, succeeding Roger Berry.


Caterpillar: Caterpillar appoints Randy Krotowski as VP with responsibility for the Global Information Services (GIS) Division and the company's CIO.

Ace Hardware: One of the largest hardware cooperative has tapped Karen Fedyszyn as VP of IT and CIO.

UIUC: Interim CIO Mark Henderson has accepted an appointment to become the CIO of the University of Illinois at Urbana-Champaign (UIUC).


VertitechIT: VertitechIT has acquired Lancaster-based Health Technology Solutions and appointed former HTS president Terry Grogan as VertitechIT's CIO.


Target: Target hires GM's Chief of Information Security & IT Risk Officer Brad Maiorino as SVP & CISO.


Aisle411: Aisle411, a St. Louis company that provides in-store maps for retail and grocery chains, has hired Dante Cannarozzi as its first CTO.

New Jersey

Ogilvy CommonHealth Worldwide: The health behavior experts of Ogilvy & Mather promoted its technology exec Matt Balogh to SVP, CTO.

CheckPoint HR: Technology Innovator and Binary Tree COO Don Cohen Joins CheckPoint HR as CTO.

North Carolina

Lowe’s: Interim CIO Paul D. Ramsay has been promoted to CIO.


Emtec: The technology-empowered business solutions provider appointed Bart HJ De Maertelaere to the position of CIO.

Rhode Island

Summer Infant: COO David Hemendinger was named CIO.


Texas Instruments: VP Ellen Barker has been named TI's new CIO, replacing Brian Bonner, who is retiring after 33 years at the company. has promoted Senior Technology Director Thierry Bedos to CTO.


SocialCode: The social marketing technology company appointed Mike Deerkoski as Chief Technology Officer and Senior Vice President of Engineering.

City of Seattle: Seattle names Microsoft cloud privacy strategist Michael Mattmiller as new CTO.

Washington, D.C.

US Commerce Department: The commerce department appoints former CIO of Homeland Security Dept. and FAA Steve Cooper as new CIO

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

Read 7674 times Last modified on Tuesday, 01 September 2020 11:56
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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