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Thursday, 09 April 2015 05:06

Digital Media Giants Building Better Teams: Interesting Board and Exec Changes Featured

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Google Taps Morgan Stanley's Ruth Porat as CFO‏; Changes at Google X and Google+ Units

Google hired Morgan Stanley CFO Ruth Porat, 57, as its own CFO. Porat has helped execute a sweeping cost-cutting strategy across several business lines at Morgan Stanley. She served as the Global Head of the Financial Institutions Group, Vice Chairman of Investment Banking, and Chairman of the Financial Sponsors Group. Porat began her career with Morgan Stanley in 1987 in the Mergers and Acquisition Department. 

Porat replaces Google’s SVP and CFO Patrick Pichette, 52, who retires. Pichette has been Google’s CFO since August 2008 and serves as its Principal Accounting Officer.

Google X Display Division head Mary Lou Jepsen is joining Oculus, the virtual reality startup that Facebook acquired last year. Jepsen specialized in digital displays at Google, including an advanced project centered on combining multiple independent screens into one fluid image, something that’s certainly in the same vein as virtual reality. She is also co-founder and former CTO of the non-profit One Laptop Per Child, which aims to reduce the cost of laptops for children in Third World countries.

David Besbris, VP, Engineering at Google, who took reins for Google’s social media products, including Google+, after Vic Gundotra left last year, is no longer running Google+. Besbris is still at the company, but Bradley Horowitz, a longtime Google+ product VP, has taken over Google+ and Photos.

Priceline Group Appoints Former BofA CFO as New Board Member

Online travel and related services company The Priceline Group named Charles (Chuck) Noski as its newest Director. In 2012, Noski retired from the role of Vice Chairman of Bank of America, to which he was named after serving as the company's EVP and CFO.  Prior to that, he served as CFO, Corporate VP and Director of Northrop Grumman; was Vice Chairman of the Board and CFO of AT&T; and led Hughes Electronics (now DIRECTV) in various senior executive roles, including President and COO. He began his career at Deloitte where he was named Partner.

eBay Gets New Directors to Board Before PayPal Split

eBay added two new independent directors to board in anticipation of completing its previously announced separation of eBay and PayPal. Tony Bates, 47, President of GoPro, and Gail McGovern, 62, President and CEO of the American Red Cross, have joined the board.

Current directors – Ford Motor Chairman William C. Ford, 57, and former publisher and CEO of the Los Angeles Times Richard T. Schlosberg, 69, who have served for 10 years and 11 years, respectively, do not plan to stand for re-election to the board.

Immediately prior to his role at GoPro, Bates — who has been in tech for 25 years — was an executive at Microsoft, where he had most recently been the EVP of business development and strategy. Bates came to Microsoft by way of its acquisition of Skype, where he took the role of CEO in 2010, one year before the company was acquired. Prior to Bates’ reign, Skype was owned by none other than eBay. Bates is firmly in the camp that supports the idea of separating eBay’s e-commerce marketplace from PayPal’s payments technology.

McGovern also brings some tech pedigree to the board, including a past role as EVP of  AT&T’s Consumer Markets Division.

Twitter’s Head of Music Is Leaving

Bob Moczydlowsky, Twitter’s head of music, is departing the company. Moczydlowsky joined Twitter in early 2014 and focuses on building music industry partnerships and luring artists to the company’s platform. He came from Topspin Media, where he was SVP of product and marketing. Prior to Topspin, he worked at Yahoo! Music, founded the media agency Closed System, and worked closely with the Sundance Institute and the NEA to help musicians, filmmakers and educators.

Uber CFO Brent Callinicos Steps Down; Will Become Advisor to the Company

Uber CFO Brent Callinicos, CPA, 48, is stepping down after nearly two years of leading financing rounds that have seen the car-booking service become one of the most valuable venture-backed start-ups. Under Callinicos’ financial direction, Uber has raised more than $5 billion in funding and seen its valuation grow to $41.2 billion. Callinicos states in his resignation that he takes the decision to step down to take a break and spend time with his family, as he stays on as an advisor to Uber. Callinicos joined Uber in 2013 from Google, where he was VP, Treasurer and Chief Accountant. 

Before Google, he served at Microsoft for 15 years, most recently as the VP, Worldwide Licensing and Pricing. Earlier in his career, he worked in various finance and treasury positions for the Walt Disney Co. and Procter & Gamble.

Gautam Gupta, Business Operations & Finance leader, will be the acting head of the finance division. Gupta is a former Goldman Sachs VP who joined Uber in 2013. The company might fill the vacancy with someone with CFO experience at a public company.

Gracenote Hires Digital Music Vet to Run its Music Unit

Gracenote, the Tribune Media-owned company that provides data for digital video and music services, has hired industry veteran Ethan Kaplan to run its music unit. Kaplan had spent the last three years heading up product for Live Nation’s Live Nation Labs group; prior to that, he had been an executive at Warner Music Group and Warner Bros. Records. Kaplan replaces Eric Allen, who is leaving the company.

Sephora’s Digital Boss Joins Personal Stylist Startup Stitch Fix as COO

Sephora CMO and Chief Digital Officer Julie Bornstein joined Stitch Fix, an online retailer that is just four years old, as COO. Bornstein has been a Stitch Fix board member since late 2012. Before Sephora, she was Head of E-commerce at Urban Outfitters; VP, E-Commerce at Nordstrom; and Director, Business Development at Starbucks.

In addition to Bornstein, Stitch Fix recently hired Michelle Weaver, Axiom’s finance head, as CFO.

Pinterest Hires Greycroft Exec as New M&A Executive

Pinterest has hired Kamran Ansari, a principal at Greycroft Partners, to work on corporate development. The company might look at acquisitions and investments, as it announced $367 million in new funding. Ansari worked at Greycroft for the past three years, and led a handful of the firm’s investments, including investments in peer-to-peer payments company Venmo and then Braintree, which bought Venmo. Before Greycroft he worked at MyYearbook as head of corporate development, where among other things he also focused on commerce.

RingCentral Appoints NFL CIO to Board; New CMO Joins with Experience in SaaS and Technology Space

Cloud-based phone systems company RingCentral appointed Michelle McKenna-Doyle, SVP and CIO of the NFL, to its Board. McKenna-Doyle joined the NFL as CIO in September 2012. Prior to that, she was CIO at Constellation Energy, and SVP and CIO at Universal Orlando Resort. She previously spent more than 13 years at the Walt Disney World Company where she held senior leadership positions in Finance, Marketing and IT. 

The company named Al Campa as CMO. Before joining RingCentral, Campa was a partner at Sierra Ventures, where he evaluated investments and helped portfolio companies scale up operations and drive revenue. Prior to that, Campa served as CEO of Reachable, a social CRM company, and he has also served as CMO of Taleo, where he played a key role in growing the company leading to its $1.9B acquisition by Oracle. Earlier in his career, Campa was the founding CEO of JasperSoft, and VP of marketing at Actuate.

Hearsay Social Names First CFO amid International Push

Hearsay Social, a San Francisco-based social media management start-up, hired Bill Salisbury as its first CFO. Salisbury was most recently CFO of Avast Software, and had a long career at Morgan Stanley before that.

Same-Day Delivery Startup Deliv Snags Former eBay Product Exec

Kenny Pate, a long-time product executive at eBay, has joined same-day delivery startup Deliv as its Chief Product Officer. Pate spent five years at eBay, most recently as VP of product management overseeing product and engineering teams working on a wide range of projects from shipping to checkout to fraud prevention.

New Amazon Competitor Hires E-Trade CMO

Shopping site has $220 million in investment and appointed E-Trade’s CMO Liza Landsman as Chief Customer Officer. At E-Trade, Landsman oversaw the brand’s advertising strategy shift away from the talking baby and into a more mature brand campaign dubbed “Type E” that featured Kevin Spacey in a TV spot. She previously worked for Blackrock and Citi.

Date Range: February 28th - March 30th

Read 2847 times Last modified on Friday, 11 September 2020 11:42
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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