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Thursday, 27 August 2015 15:09

Software Board & C-level Shifts at Adobe, Red Hat, CA & Others Featured

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Adobe Hires Shutterstock Exec to Lead its Creative Cloud Business

Scott Braut will be new head of content at Adobe, to drive overall content strategy and operations for its Creative Cloud business. Most recently, Braut served as VP of content for Shutterstock. Prior to that, he served as GM, Video/Footage and General Manager, Bigstock at Shutterstock. Earlier he served as Senior Product Manager at ABC News Digital and Senior Director, Product Management at Digital Railroad.

Red Hat’s New Director is Deutsche Bank CIO

Red Hat named Kim Hammonds, 47, global CIO and global co-head of Group Technology and Operations at Deutsche Bank, to the company’s Board of Directors. Hammonds joined Deutsche Bank in late 2013 from Boeing, where she served as CIO. Earlier, she led IT systems development for manufacturing operations in the Americas at Dell. With more than 25 years’ experience, starting at the Ford Motor, Hammonds' career has spanned both technology and operations for some of the world's largest companies in the most challenging industries.

CA Names Cisco Network Operating Systems Exec as Product Chief

CA Technologies named Ayman Sayed as Chief Product Officer. Sayed served as SVP of the Network Operating Systems Technology Group at Cisco. Sayed joined Cisco in 1999 and held leadership roles across several businesses including Core Routing, Edge Routing, Enterprise Access Switching, and most recently Mobility Virtualization. He also served as the VP of Engineering for the Unified Access Business Unit. Before joining Cisco, he was Director of Engineering at Plaintree Systems.

Citrix CEO Mark Templeton to Retire; Activist Investor Elliott Takes Larger Role with Board Seat

Citrix Systems’ President & CEO Mark Templeton, 62, plans to retire after twenty years of service at the company. Templeton will continue to serve as president and CEO and a director of the company until such time as a successor has been appointed. The company will go through a series of leadership and probable structural changes under pressure from activist investor Elliott Management. 

The Citrix Board has initiated a CEO search process and has retained search firm Heidrick & Struggles to assist with the process of identifying and evaluating candidates.

Templeton has served as President of Citrix since 1998 and CEO since 2001. He joined Citrix in 1995 as VP of Marketing, prior to the company’s IPO.

Robert Calderoni, 55, a Citrix director was named executive chairman. Calderoni would also chair a board committee heading the search for a successor to Templeton. He has been a Director of Citrix since June 2014. He served as chairman and CEO of Ariba for 13 years. Prior to his role as CEO at Ariba, Calderoni held senior executive positions at Apple and IBM. He has served as a CFO at several large public companies.

Thomas Bogan, 63, Citrix’s current chairman, will assume the role of lead independent director of the Citrix board. Thomas F. Bogan has served as a director of the Company since January 2003 and he served as Chairman from May 2005. Bogan has served as CEO of Adaptive Insights, a provider of cloud-based performance management solutions since January 2015.

Jesse Cohn, 34, head of activist investments at Elliott, an investment firm whose affiliated funds own approximately 7.5 percent of the company’s common stock, has been appointed to Citrix’s board. The company would add another board member to be mutually agreed upon. Cohn manages the technology investments at Elliott. He has played an integral role in several acquisitions, including the 2010 purchase of the business software firm Novell Corporation, which was valued at $2 billion. Cohn has led more than 30 shareholder campaigns against the likes of Compuware, BMC Software, and lately EMC, becoming one of the most powerful and effective activists in the finance industry.

Cohn will also be part of a new committee at Citrix that will review operations to improve the company's margins, profitability and capital structure. Calderoni will chair the group. Cohn replaces TPG Capital’s Partner Asiff Hirji, 49, on the board, who steps down.

Former Accenture Veteran Joins as Board Member of CSC

CSC elected Mark Foster, 56, to the company’s Board. Foster served as group CEO for Management Consulting at Accenture until his retirement in March 2011. During his 26-year career at Accenture, Foster also served as head of Global Markets, Group CEO for the Products Operating Group and other roles in management consulting, technology and outsourcing.

Manish Tomar, CSC’s VP and GM for Application Services, has left. He has joined as CIO of Grant Thornton.

Fortinet Promotes VP of Finance and Corporate Controller to Chief Accounting Officer

Fortinet appointed Keith Jensen, 56, to serve as Chief Accounting Officer, including as its Principal Accounting Officer. Jensen has been the Company's VP of Finance and Corporate Controller since May 2014. Jensen served in various positions at DataDirect Networks including as its Chief Accounting Officer and Chief Administrative Officer, and in various positions at Sybase, including VP and Chief Accounting Officer. He was CFO of Dorado Network Systems and also  previously held several positions with Coopers & Lybrand, including audit manager.

Following Jensen's appointment, Andrew Del Matto, the Company's CFO, will cease to serve as its Principal Accounting Officer.

NetSuite Appoints COO as President

SaaS business software company NetSuite appointed Jim McGeever as President. The role of President was previously held by NetSuite CEO Zach Nelson. McGeever was also appointed to the NetSuite Board of Directors. McGeever joined NetSuite in 2000 and was the company's 15th employee. In 2010, he became the company's COO responsible for global sales, services, and support operations. From 2000 until 2010, he served as NetSuite's CFO and drove NetSuite's 2007 IPO.

Nuance’s Chief Accounting Officer Named CFO

Nuance appointed Daniel D. Tempesta as its EVP and CFO. Tom Beaudoin, who has served as Nuance’s CFO since mid 2008, is departing to pursue an opportunity at another company.

Tempesta joined Nuance in 2008 and most recently has served as Nuance’s Chief Accounting Officer, Corporate Controller and SVP of Finance. Previously, he held several senior finance roles, including Chief Accounting Officer and Corporate Controller, at Teradyne. Prior to that, he spent the first eleven years of his career in the audit practice of PwC.

SAS Appoints CIO with Broad Strategy Profile and Strength in Business Development

SAS appointed Mattias Forsberg to take up position as new EVP and CIO responsible for IT and digital innovation. Forsberg has been CIO at Systembolaget since 2011 and, previously, was IT Director at B&B Tools. Before this, he worked at Accenture where his duties included responsibility for Accenture’s IT Strategy Group.

Long-time Board Member to Retire from DST Systems’ Board

A. Edward Allinson, 80, retires as Director of information processing and management software company DST Systems. Allinson has served on the Company's Board since its IPO in 1995. Allinson is former EVP of State Street Bank and former EVP of State Street Corporation.

Qlik Promotes Sales EVP to Chief Strategy Officer; Hires Former EMC Exec to replace him for Sales Role

Business intelligence and data visualization software company Qlik appointed Les Bonney as Chief Strategy Officer to identify additional market opportunities in the visual analytics industry as the company continues to plan for long-term success. To fill Bonney’s sales leadership role as he transitions, industry veteran Mark Thurmond joins Qlik as EVP, Worldwide Sales and Services.

Prior to joining Qlik, Bonney was the VP and GM of International Markets for the document management company StreamServe. Efore that, he served as VP for Northern Europe, Eastern Europe, Middle East and Africa at Siebel Systems and VP and GM for Oracle, responsible for establishing Oracle’s presence in Eastern Europe and managed Oracle’s Middle East and Africa businesses.

Thurmond previously served as SVP, Global Sales of VCE, an EMC Company focused on accelerating adoption of converged infrastructure and cloud-based computing. He previously held positions as SVP Worldwide Sales, RSA, the security division of EMC, and other global sales leadership positions within EMC. Prior to that, he was VP of Sales at PTC helping.

ACI Worldwide Elects Founding Partner of FTV Capital to Board; EVP to Leaves Company

ACI Worldwide elected James C. Hale, 63, to serve as an independent director. Hale has been a founding partner of FTV Capital since 1998. Before establishing FTV Capital, he served as a Senior Managing Partner at Montgomery Securities where he founded the financial services corporate finance practice, and co-founded the Montgomery Financial Fund. Prior to that, he was a member of the corporate planning and development group at Bank of America.

Dr. Apratim Purakayastha will leave ACI Worldwide. Purakayastha was a Named Executive Officer in fiscal year 2014 in his capacity as Group President, ACI On-Demand. Purakayastha's current position is EVP, UP Solutions, which was not expected to be a Named Executive Officer position in fiscal year 2015.

Microstrategy Appoints New CFO

The business intelligence and analytics software company elected Phong Le, 39, as its Senior EVP & CFO. Le will succeed Douglas K. Thede, who has served as the Company’s CFO since 2009 and will retire from the Company.

Le has served as the CFO of XO Communications since August 2014. Before that, Le held senior positions at NII Holdings, including VP of financial planning and analysis, VP of strategy and business operations, and VP of strategic finance.

Software AG Welcomes New President and COO for its North American region

Software AG appointed Kevin Niblock as President and COO for its North American region and a member of the Group Executive Board to further accelerate the adoption of its Digital Business Platform and drive new growth initiatives. A dynamic executive with a career in sales, business development and management, Niblock has held senior leadership positions at Tibco and Parametric Technology Corporation (PTC).

Fleetmatics Appoints Former Dell Exec as Engineering VP

Fleetmatics Group appointed John Molamphy to the newly-created position of VP of Engineering. Most recently, Molamphy led all aspects of online product strategy, innovation, software engineering and operations for the buyer experience. Prior to that, he held a number of leadership roles, most recently at Office Depot, where he led the redesign and delivery of and their commercial platforms.

New Relic Appoints Product Chief and SVP of Product Strategy

Software analytics company New Relic announced new promotions designed to drive product excellence and advance customer success. Jim Gochee was named Chief Product Officer. In addition, sales leader Erica Schultz was promoted to EVP, Commercial and Enterprise.

In his previous role as SVP of Product Strategy, Gochee led the team responsible for designing the New Relic Software Analytics Cloud.

As EVP, Commercial and Enterprise, Schultz will continue to lead the company’s global go-to-market strategy for the world’s largest organizations. Schultz joined the company in 2014 as SVP and led the company’s expansion into the Commercial and Enterprise markets, as well as internationally.

HubSpot Gets New CMO

HubSpot appointed Kipp Bodnar as Chief Marketing Officer. Bodnar joined HubSpot in 2010, and has served as VP of Marketing for HubSpot for the past two years. Bodnar replaces Mike Volpe who was terminated for cause following a determination that Volpe violated the Company's Code of Business Conduct and Ethics in connection with attempts to procure a draft manuscript of a book involving the Company.

Joe Chernov, Vice President of Content, resigned before the Company could determine whether to terminate him for similar violations.

Callidus Software’s Independent Director Resigns

David Pratt resigned from board of Enterprise Incentive Management (EIM) software company Callidus Software. Pratt is former CEO of AvantGo, a provider of mobile enterprise software, and prior to that, he served as CEO of gForce Systems and FlashPoint.  In addition, he served as COO of Adobe Systems, Logitech and Quantum. 

LifeLock Hires Yahoo! Exec to Lead Consumer Applications

Marco Wirasinghe joined identity theft protection company LifeLock as VP of Consumer Applications. Previously, Wirasinghe served at Yahoo!, where he led product management in mobile, including the popular Yahoo! Weather app, which won a 2013 Apple Design Award. He also led product development for Yahoo! Entertainment and Lifestyle. Prior to Yahoo!, Wirasinghe was founder and CEO of Name Change Express, an online service that simplified the name change process for newlywed brides. He also consulted with Booz & Company.

He joins other recent additions to LifeLock’s leadership team, including Schwark Satyavolu, EVP of product and technology and Ty Shay, CMO, who joined in February this year; and Neil Daswani, CISO, who joined in May.

Interactive Intelligence Group Sees CFO Replacement

Provider of business communications and call center solutions Interactive Intelligence Group appointed Ashley Vukovits as its new CFO, SVP of administration, secretary and treasurer. Vukovits replaces Stephen R. Head, who is retiring as CFO.

Vukovits had served in finance roles at Interactive Intelligence since 2003. Most recently she was VP of Finance. Prior to that, Vukovits was corporate controller and senior manager of financial reporting; and treasurer for the Interactive Intelligence Foundation since its inception in 2010, a role she will continue to fill. Earlier, she held finance positions with Union Acceptance, and was an audit professional for KPMG.

Former Stericycle Finance Exec Joins FARO Technologies as CFO

3D Measurement Software firm FARO Technologies appointed Laura A. Murphy as SVP and CFO. Murphy previously served as VP, Finance – Healthcare Compliance Solutions of Stericycle, a global provider of regulated and compliance solutions to healthcare and commercial businesses, where she also previously served as VP, International & Corporate Finance. Prior to Stericycle, she was VP and CFO of Philips N.A. Lighting Electronics.

PROS Holdings’ EVP of Strategic Business Planning to Retire

Ronald Woestemeyer, 69, retires as EVP, Strategic Business Planning of big data analytics and pricing software company PROS Holdings. Woestemeyer will remain a member of the Board following his retirement.

inContact Names Former Rackspace Exec as Chief Strategy Officer

Call center software firm inContact appointed Rajeev Shrivastava as SVP and Chief Strategy Officer. Shrivastava was most recently VP, Product Marketing & Marketplace at Rackspace. Shrivastava also brings deep experience in the contact center industry. He has held executive level roles with P&L responsibilities at Satmetrix, SupportSoft, BeVocal, Siebel, VirtualSoft, GT Associates and HCL. He has helped both venture-backed companies and public companies accelerate revenue growth and increase profitability.

EMC Division Pivotal’s CEO Steps Down, Pivotal Labs Co-Founder Takes Over as CEO

Paul Maritz, the former Microsoft executive who has since 2012 been the CEO of Pivotal, the software and data analytics division of the storage and IT giant EMC, has stepped down from that position. Maritz will remain on Pivotal’s board and will be the company’s executive chairman.

New CEO Rob Mee, co-founded Pivotal Labs in 1989 and served as CEO for 24 years, growing the company into a major provider of software development services for companies ranging from seed-stage startups to enterprise-grade companies. Mee oversaw Pivotal Labs’ acquisition by EMC in March 2012 and continues to lead and guide the vision for Pivotal Labs at Pivotal.

LiveOps Appoints Leaders for Technological Innovation and Product Development

Cloud-based contact center and virtual call center software company LiveOps, made two senior management promotions. Jeff Thompson has been promoted to CTO and SVP of Engineering, and Ryan Proudfoot has been promoted to VP of Product Management.

Previously LiveOps’ SVP of Product Management, Thompson joined LiveOps through the company’s 2014 acquisition of UserEvents, where he was founder and CEO, and previously led the CxEngage product team. Thompson has held leadership roles at Conseros Software, which he founded; Genesys Telecommunications, which acquired Conseros; NBTel, a subsidiary of Bell Canada, and more. Thompson is also an active angel investor and adviser to several early-stage startups.

Previously a Senior Product Manager at LiveOps, Proudfoot joined LiveOps in early 2015 and has driven ongoing product improvements. He previously worked in product management and customer support with Blackberry World; Research in Motion; and Chalk Media. 

Date Range: July 22nd - August 25th

Read 3594 times Last modified on Thursday, 10 September 2020 17:41
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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