Labor Day is upon us... Hard to believe.
Welcome to our monthly update on CIO/ & Other Tech Roles Turnover. This newsletter covers Tech function roles, including CIOs, CTOs, CISOs, and Head of Tech & Ops. This is for the month ending August 21, 2014.
In July 2014, C-level changes increased 11% compared to a year earlier, and increased 30% from a month earlier (Source: Liberum)
Top Industry sectors for overall C-Suite turnover in July, according to the same source, are: Drugs/Biotech, Banking and Business Services.
Total Number of Open Roles: 29
Newly Opened Roles: 6 - Mitek and Riverbed Technology (CA), Dell and Epicor (TX), Defense Intelligence Agency and United States Department of Energy (Washington D.C.).
New Appointments: 32
Sources of Appointments: 27 were External appointments (out of which one was a former employee), five were internal promotions (out of which one was iCIO).
Diversity: five out of 32 are women - AMN Healthcare Services (CA), Cross MediaWorks (NY), M&T Bank (NY), United States Department of Interior (DC), and U.S.Dept of Transportation (DC).
Geographic Distribution: 26 in the US, two in Canada, and four International appointments.
For more details on Open CIO roles and appointments, please refer to sections below and for past newsletters on this topic, please refer to our blog on Open CIO roles.
Other recent reports: CIO Succession; Tech Execs on Boards and CEOs Wanted (latest Open CEO Posts and Appointments).
Vell Executive Search
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 CTO, effective September 30, 2013. Sek is leaving to accept a position with Novatel Wireless, where he worked prior to joining Axesstel 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.
Mitek, San Diego, CA Revenues: $14.8m
Mitek is a mobile solutions provider engaged in the development, sale and service of its software solutions related to mobile imaging.
August 2014 - Mitek said CTO Michael Strange left his position effective Aug. 15 to pursue other opportunities. Mitek named Fritz Hesse as interim VP of engineering.
Riverbed Technology, San Francisco, CA Revenues: $1.1b
Riverbed has developed solutions to the fundamental problems associated with IT performance across wide area networks (WANs).
August 2014 - Riverbed is looking for a CISO, responsible for establishing and maintaining a corporate-wide information security management program to ensure that information assets are adequately protected.
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.
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.
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.
DomainMarket.com, Potomac, MD Revenues: Private
DomainMarket.com 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, DomainMarket.com, 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 interim CIO appointed in January 2014.
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.
Torvec, Rochester, NY Revenues: NA
Torvec designs, develops, builds, and commercializes automotive technologies.
July 2014 – Dr. William Mark McVea resigned from the Company in his position as its Chief Technology Officer for personal reasons. No replacement announced yet.
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.
Dell, Round RocK, TX Revenues: Private
Dell is a global IT company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels.
August 2014 - Dell CIO Adriana “Andi” Karaboutis is leaving to join Biogen Idec as EVP of technology and business solutions, the biotechnology firm. Her last day at Dell is Sept. 5. Dell is “engaged in the process to identify her successor.”
Epicor, Austin, TX Revenues: Private
Epicor provides ERP software and retail solutions, serving 20000 customers in over 150 countries.
August 2014 – Epicor is looking for a Chief Information Security Officer (CISO), who will play an integral part in development of strategic policy, technology plans and investments.
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.
Cray, Seattle, WA Revenues: $525.7m
Cray designs, develops, manufactures, markets, and services high-performance computing (HPC) systems.
July 2014 - William C. Blake, SVP and Chief Technology Officer agreed to separate from Cray, with no replacement announced yet.
Defense Intelligence Agency, Washington D.C. Revenues: NA
The Defense Intelligence Agency (DIA) is the main foreign military espionage organization of the United States, operating under the jurisdiction of Department of Defense (DoD).
August 2014 - Gus Taveras is stepping down as the Defense Intelligence Agency's CTO, with no replacement in place. The agency is also in search of a CIO to succeed Grant Schneider, a career employee who had held the job since 2007 and is on the way out the door.
United States Department of Energy, Washington D.C. Revenues: NA
The United States Department of Energy (DOE) is a Cabinet-level department concerned with the United States' policies regarding energy and safety in handling nuclear material.
August 2014 - Robert Brese will leave his post at the Energy Department as chief information officer on Sept. 5, Federal News Radio reported. The station reports that deputy DOE CIO Dan Adcock will succeed Brese on an interim basis.
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.
Ziggo, Utrecht, Netherlands Revenues: NA
Ziggo is the largest cable operator in the Netherlands, providing cable television, broadband Internet, and telephone service. It has been taken over by Liberty Global Plc, the European cable company for about $7 billion.
July 2014 - Dutch operator Ziggo announced that Paul Hendriks, CTO at Ziggo will step down. Kamran Ziaee will be appointed as CIO on an interim basis.
Yahoo!: Yahoo hired Mike Kail as its CIO, from the streaming video group Netflix.
AMN Healthcare Services: Long timer Jeanette Sanchez has been promoted to the role of CIO.
BlackLine Systems: The financial software company hired Rent.com CTO Alain Avakian as CTO.
CloudPassage: The Software Defined Security (SDSec) company and creator of Halo, named IBM exec Amrit Williams as CTO.
MWH Global: The premier solutions provider focused on water and natural resources for built infrastructure and the environment, promoted Claire Rutkowski to the position of CIO following an extensive internal and external search.
Fanatics: The online retailer of officially licensed sports merchandise, named Matt Madrigal, SVP of eCommerce & Marketing for Williams-Sonoma, as Chief Technology and Product Officer.
Aon Corp: John G. Bruno joins as EVP of Enterprise Innovation and CIO, from NCR Corporation.
FordDirect: Consumers Energy’s IT exec Raj Singh has been named CIO of FordDirect, the JV between Ford Motor Company and its franchise dealers.
Hill International: Former CIO Michael J. Petrisko rejoins Hill International as SVP and CIO.
Wireless Power Consortium: The international cooperation of companies that develops and licenses Qi, named Yongcheol Park of LG Electronics, as CTO.
Deutsche Bank USA: Richard Shannon will join in October as Americas CIO, after 20 years with Goldman Sachs.
Cablevision Systems Corporation: David Dibble is new CTO. Most recently, Advisor to the CEO at Yahoo and previously was the company’s EVP of Central Technology.
Cross MediaWorks: Stephanie Mitchko-Beale, a highly regarded technology professional in the cable industry and Cablevision Systems Corporation exec, has joined Cross MediaWorks as its CTO.
Ithaca College: Keith McIntosh, a proven leader with more than three decades of experience in the field, as its new associate VP for IT services and CIO, succeeding Ed Fuller, who retired in January.
CLS Group: The multi-currency cash settlement system for the global Forex market, has selected Tom Zschach as its newest CIO, from LCH.Clearnet.
M&T Bank: M&T Bank has named Citibank exec Julieta Ross as SVP and CTO.
Weber Shandwick: The leading global PR firm, named Havas Worldwide Digital exec Lee Noonan as Global CTO.
Duquesne University: Carnegie Mellon’s IT exec Charles Bartel has been appointed assistant VP and CIO at Duquesne University.
RigNet: Former CIO of BTC (a Cable & Wireless Telecom company), Sheldon Mundle has been named to the new position of VP & CIO.
DataBank Holdings: The provider of data center collocation and managed services, has appointed insider exec Bryan Porter, as new CTO.
MoneyDesktop: The Provo-based digital personal financial management platform appointed insider Brandon Dewitt as their first CTO.
SBG Technology Solutions: The engineering and IT service provider appointed Harris Healthcare Solutions’ exec Victor Ishakian as VP of BD and CTO.
United States Department of Interior: iCIO Sylvia Burns, an IT executive with the Department of the Interior since 2006, has been named CIO.
U.S. Department of Veterans Affairs: Stanley F. Lowe was Appointed as CISO at U.S. Department of Veterans Affairs.
U.S. Department of Transportation: Maria Roat, the Federal Risk Management and Authorization Director at the U.S. General Services Administration, has been appointed as the CTO at the U.S. Department of Transportation.
Security Health Plan: Company veteran Dave Marksteiner has been named CIO for Security Health Plan of Wisconsin.
Nightingale Informatix: The cloud-based provider of EHR software, named IBM exec Ray Payette as CTO.
BuildDirect.com Technologies: Gracenet exec Tal Ball joins BuildDirect as its first CTO.
Phoenix New Media Limited: The China based named former PR Newswire exec Jiarui Richard Tong as CTO of the Company.
Altisource Portfolio Solutions: The Luxembourg based premier marketplace and transaction solutions provider for the real estate and mortgage industries, named Intel exec Girish Juneja as CTO.
Net-a-Porter: The London-based online fashion retailer appointed former Betfair executive Hugh Fahy as group CIO.
AnalogFolk: Critical Mass exec Fame Razak has joined AnalogFolk as its first CTO.
Dora Vell - Managing Partner
Paula Axelrod – Vice President
Judy Smith - Senior Consultant
Dal Coger – Senior Consultant
Ajanta Banerjee – Research Consultant
Patty Florio – Manager, Business Operations
Tori Agel – Marketing Coordinator