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Tuesday, 05 July 2016 14:17

118 Open Roles and 79 Appointments Featured

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Detailed Version of Newsletter for month ended June 2016

Welcome to our CEO Turnover Newsletter. This newsletter covers open CEO roles and latest appointments in the tech sector in the month of June 2016.

Total Tech CEO Roles Open:118  
New Tech CEO Appointments:79 (3 women - 3.79%, 76 men)

New Technology CEO Stats

New Tech CEO Openings:18 – Sabre (TX), T-Mobile Netherlands (Netherlands), 3i Infotech (India), Ensogo (Hong Kong), Nexgram (Malaysia), Photon Control (Canada), Image Sensing Systems (MN), RiT Technologies (Israel), Spindle (AZ), VidWrx (Canada), Vogogo (Canada), Ubiquity (CA), Gateway Media (MO), Lavu (NM), HGS Colibrium (GA), Quikflo Health (Canada), chatAND (NY), and WordLogic (Canada).

CEOs Appointed

Sources of Appointments: 42 were External appointments, and 37 were internal promotions – Chair/Director (9), COO/President/EVP-Operations (5), CFOs (4), Divisional execs (4), Others (15).

Others:  founders, former execs, CFOs, CMOs, Sales Leaders, CTOs, Chief Strategy Officers, and Leaders from acquired companies, etc.

Diversity: 3.79% of the appointments are women CEOs. Verisma Systems (CO), ParaData (CA), and WegoWise (MA).

Geographic Distribution: 50 in North America, 13 in Europe, 12 in Asia/Russia, 1 in Latin America and 3 in Middle East/Africa.

The average and median times open CEO roles have been open are about 6 months, and there is little variance by continent.  The longest open searches are:

#1 -  TeleCity Group, London, UK - $529.6M, September 2014  
#2    Shanda Games Limited, China - $714M, November 2014  
#3 - Atmel Corporation, San Jose, CA -  $1.4B , May 2015
#4 -  Wi-LAN, Ottawa, Ontario - $98.3M, June 2015.     

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | 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. 

In this Edition

Tech Companies - CEO Roles Open
Tech Companies - CEO Roles Announced
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team

You can subscribe to our Open Roles Newsletters and research reports.

Tech Companies: CEO Roles Open

 This is the detailed version of the Open CEO roles
The Priceline Group, Connecticut - $9.6B, June 2016
The Priceline Group announced that COO Brett Keller has been named Interim CEO of Paul J. Hennessy, who has acted as CEO of since 2015, has resigned to pursue an ecommerce opportunity outside of the travel space.
Sabre, Texas - $3.1B, June 2016
Sabre Corporation announced that Tom Klein, President and CEO, intends to resign. Klein will resign from the Board of Directors of the Corporation effective as of December 31, 2016.
Cypress Semiconductor, California, $1.81B, April 2016
Cypress Semiconductor Corp. announced that its CEO, T.J. Rodgers, will step down. In the interim, daily operational activities will be taken over by an Office of the CEO comprised of four current Cypress EVPs: Hassane El-Khoury (EVP, Programmable Systems Division), Dana Nazarian (EVP, Memory Products Division), Joe Rauschmayer (EVP, Manufacturing) and Thad Trent (CFO). Rodgers will remain on the Cypress Board and become a project leader working on key technical projects.
T-Mobile Netherlands B.V., Netherlands - $1.8B, June 2016
Deutsche Telekom announced a complete revamp of its management team at T-Mobile Netherlands. The new Dutch team will see its CEO named this summer, as the current CEO Mark Klein is leaving in September to join Ergo.
Atmel Corporation, San Jose, CA - $1.4B, May 2015   
Steven Laub, president and CEO of microcontroller vendor Atmel, plans to step down Aug. 31, according to the company. Atmel said its board will conduct a search for Laub’s successor. Both internal and external candidates will be considered.
Salt Mobile SA, Switzerland - $1.4B, December 2015    
Swiss mobile operator Salt CEO Johan Andsjo has resigned, with immediate effect. The board of directors has appointed Pierre-Alain Allemand as the company's interim CEO. Allemand has been at Salt since the recent change of ownership. A search for Andsjo's successor has been initiated.
Pelephone Communications, Israel - $1.03B, October 2015
Gil Sharon, CEO of Pelephone, announced that he was ending his tenure after ten years as CEO of the company, following his upcoming appointment as CEO of Discount Investment Corporation. Sharon will be leaving Pelephone in three months, after transitioning the role to his successor.
Black Box, Pennsylvania - $964.4M, December 2015     
Black Box Corporation announced that Michael McAndrew will be stepping down as the President and CEO of the company, effective upon the appointment of his successor. Mr. McAndrew will remain available to ensure a smooth transition. The Nominating & Governance Committee of the Board is in charge of succession planning and has engaged a national executive search firm to conduct an external search for candidates.
Xchanging plc, UK - $836.00M, January 2016
Ken Lever intended to retire from his role as CEO and from the Board of Xchanging plc. Ken Lever ceased be a Board Director and employee of the Company at the close of business on 31 December 2015.
Shanda Games Limited, China - $714M, November 2014  
Yingfeng Zhang has been appointed as acting CEO and the Board will begin a global search for a permanent successor.
Imation, Minnesota - $678M, October 2015
Imation announced that Bob Fernander, an existing member of the company’s Board of Directors, has been appointed as Interim CEO.
Kulicke and Soffa Industries, Singapore - $612M, October 2015     
Bruno Guilmart that he will step down as President, CEO and as a Director of the company effective immediately. The Board has named Jonathan H. Chou, Kulicke & Soffa’s SVP and CFO, to fill the role of interim CEO and it has formed a committee to conduct a search for a permanent successor among external and internal candidates.
TESSCO Technologies, Maryland, $530.7M , May 2016
TESSCO Technologies  announced launched a CEO succession plan and are now engaged in a search for a new CEO with experience in achieving superior profitable growth through innovative marketing, sales and productive operations. The company expects the new CEO to be hired sometime during fiscal year 2017. In the meantime, Bob Barnhill remains the CEO, firmly dedicated to driving performance.
TeleCity Group, London - $529.6M, September 2014    
Michael Tobin, who had led the FTSE 250 group for a decade, left the company, with chairman John Hughes taking over executive responsibilities while a replacement is found.
UXC Limited, Victoria - $529.4M, November 2015         
UXC Limited announced that Managing Director & CEO, Cris Nicolli has informed the Board of Directors of his intention to retire in 2016. A succession planning process has been in place for some time to enable the Board of Directors to choose Nicolli's successor and both internal and external candidates have been considered for the role.
QLogic, Aliso Viejo, CA - $520.2M, August 2015       
QLogic appointed Christine King as executive chairman and Jean Hu as acting CEO. Hu has served as SVP and CFO since 2011 and will continue in that role and retain her CFO responsibilities while serving as acting CEO. Prasad Rampalli has resigned his positions as president and CEO in order to pursue other opportunities.
TiVo, California - $480.6M, November 2015        
TiVo announced that Thomas S. Rogers, its current CEO and president, will be stepping down from that role effective on the earlier of January 31, 2016 or upon the appointment of his successor.
5N Plus, Quebec - $366.4M, November 2015      
5N Plus announced that Jacques L'Ecuyer has informed the board of directors of the company of his desire to step aside from his current position of president and CEO. He will remain as President and CEO until the new President and CEO has been appointed by the board of directors.
FARO Technologies, Florida - $330.4M, November 2015
FARO Technologies announced that Jay Freeland plans to step down as President and CEO and member of the Board of Directors. Freeland will remain in his current role until a successor is appointed. Freeland is leaving to pursue other business and personal interests.
Tangoe, Connecticut, $219.4M , May 2016
Tangoe announced that Albert R. Subbloie, Jr. resigned from his positions as President and CEO and as both a member and Chairman of the Board of Directors. On May 2, 2016, the Board appointed James D. Foy, one of the company's directors, as Acting CEO.
United Online, California - $204.40M, January 2016
United Online reported that its Board of Directors has appointed Jeff Goldstein as the company's Interim CEO, effective January 11, 2016. The company noted that in connection with Goldstein's appointment, Howard Phanstiel has resigned as its Principal Executive Officer, effective January 10, 2016.
exceet Group, Luxembourg, $197.20M, March 2016
Ulrich Reutner has decided to resign as CEO of exceet Group SE and from related functions for private reasons on 1 March 2016. He will continue to support exceet until the end of 2016 to ensure a smooth transition and to support the planned divestment of the IDMS segment with his experience in this market. The CFO of exceet, Wolf-G\xFCnter Freese, will act in addition to his duties as CFO, as CEO ad interim with immediate effect.  
Automated Systems Holdings, Hong Kong - $194.7M, September 2015   
Leung Tat Kwong, Simon has resigned as an Executive Director and the CEO of the Company with effect from 1st October 2015; Wang Yueou has been appointed as the Acting CEO of the Company with effect from 1st October 2015 and continues to act as an Executive Director and the Joint Company Secretary of the Company.
3i Infotech, India - $175.0M, June 2016
3i Infotech announced that Mr. Madhivanan Balakrishnan, Managing Director & Global CEO of the company has decided to step down. Padmanabhan Iyer, Director and CFO of the company shall be designated as the acting CEO of the company in addition to his current role.
First Sensor, Germany, $163.1M, May 2016
First Sensor AG announced that CEO Dr. Martin U. Schefter to leave the company.
Global Sources, Hong Kong, $162.10M, March 2016
Global Sources  announced that CEO Spenser Au is retiring. He will remain engaged until the end of the year to assist the company in transitioning to a successor.
Speed Commerce, Texas - $140.6M, December 2015   
On December 17, 2015, Speed Commerce announced that Dalton Edgecomb was appointed as its Interim CEO and Interim President, and Bruce Meier was appointed as its Interim CFO. Mr. Edgecomb is a principal of Winter Harbor, LLC and has more than 20 years of experience advising companies through cash management and cost reduction, capital structure refinancing, crisis management and business plan development for restructuring purposes.
Capinfo Company Limited, Beijing - $130.5M, November 2015
The board of directors of Capinfo Company Limited announced that due to change of work allocation, Dr. Wang Xu has tendered his resignation as Chairman, executive director, CEO and chairman of Nomination Committee and Strategy Committee of the company which will be effective when a new Chairman is elected by the Board. Dr. Wang Xu confirmed that he did not have any disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.
Pricer, Sweden, $109M, May 2016
Pricer AB announced the resignation of Jonas Vestin as President and CEO. The Board of Directors of has appointed Charles Jackson as acting CEO. Charles Jackson has been with Pricer during the period 2002 - 2010 and returned to the position of EVP in 2014.
GB Group, U.K, $100.5M, April 2016
GB Group plc announced that, after 13 years as CEO of GBG, Richard Law has formally decided to retire and asked the board to start the search for a successor. Richard has family matters that need his attention and these can be best served by him following a more flexible portfolio career once his commitments to GBG have been fulfilled.
Q-Free ASA, Norway - $99.2M, November 2015 
In a board meeting in Q-Free ASA held on November 3, 2015 the board approved the step down of Thomas Falck as CEO of the company with immediate effect. CFO Roar is appointed as interim CEO in the company.
Wi-LAN, Ottawa, Ontario - $98.3M, June 2015        
CEO James (Jim) Skippen intends to retire and will stay on until such time as a suitable replacement has been identified and hired. A special committee of the Board will immediately begin the search for a new permanent CEO with the assistance of a leading search firm.
Avanza Bank Holding AB, Sweden - $94.5M, December 2015
Avanza announced that its CEO Martin Tiveus intends to leave his position. He will remain in his current role during his six months period of notice. Martin Tiveus became CEO of the company in 2011.
Omesti Berhad, Malaysia - $92.7M, December 2015     
Omesti Berhad announced that Gan Nyap Liou alias Gan Nyap Liow, Managing Director will resign. The effective date is December 31.
Mobotix AG, Germany - $89.4M, February 2016 
MOBOTIX AG has announced the resignation of Klaus Gesmann as CEO, CFO, and as a member of management board. An interim manager will initially be placed in charge of the Finance department, previously under his control, while CTO Dr. Oliver Gabel is temporarily taking over the Purchasing department. A third board member will be appointed in the near future.
Tecnotree, Finland, $82.4M, April 2016
Tecnotree has announced the resignation of Ilkka Raiskinen as CEO following its application for a restructuring programme designed to stave off bankruptcy. Tecnotree appointed the EVP MEA & APAC Padma Ravichander as Interim CEO. Ravichander has been with Tecnotree for duration of 5 years.
Perceptron, Michigan - $78.30M, January 2016
Perceptron announced that the board of directors of the company appointed current Board Chair W. Richard Marz as interim president and CEO. Mr. Marz will continue to serve as chairman of the board. Mr. Marz succeeds Jeffrey M. Armstrong, who resigned his roles as director, president and CEO of the company, effective January 26, 2016. The Board of Directors will initiate a search to identify a new president and CEO of the Company. Mr. Marz will serve as interim president and CEO until a successor is appointed.
Daiwa Associate Holdings, Malaysia - $68.5M, November 2015        
The board announced that Mr. Hui Lap Shun John, an executive Director of the company, has been appointed as the chairman of the company and the acting CEO with effect from November 25, 2015.
Mesiniaga Bhd, Malaysia - $50.9M, December 2015      
Mesiniaga Berhad announced that Mohamed Fitri Bin Abdullah, managing director will resign. The effective date is January 01, 2016.
GuestLogix, Toronto, Ontario - $50M, September 2015    
GuestLogix announced that Brett Proud has advised the Board that effective immediately he is retiring from his position as CEO and Director. Proud has agreed to remain available to the Board and management in a consultative role through the end of the year. A special committee of the Board has begun the search for a new permanent CEO. In the interim, Chairman Louis Belanger-Martin will play a larger role in both the strategic direction of the business, as well as the oversight of critical client and partnership relationships.
Blue Star Infotech, India - $43.40M, January 2016
Blue Star Infotech announced that at its board meeting held on January 27, 2016, the board has accepted the resignation of Mr. Sunil Bhatia as CEO and MD. The board also approved the resignation of Mr. Aloke Ghose, as CFO and Company Secretary. Mr. V. Sudarshan was appointed as CFO and Company Secretary, effective January 27, 2016. He has also been appointed as Compliance Office, effective January 27, 2016.
Ensogo, Hong Kong - $43.6M, June 2016
The Board of Ensogo advised that it has accepted the resignation of CEO, Mr. Kris Marszalek. Marszalek is a co-founder of E88 and has been the CEO since August 2014. The Board is yet to announce the appointment of a new CEO.
Lantronix, California - $42M, November 2015    
On November 18, 2015, Kurt Busch resigned as President and CEO of Lantronix Mr. Busch also resigned as a member of the Board of Directors of the company and withdrew himself as a nominee for director at the company's AGM scheduled to be held on November 19, 2015. The Board appointed Jeremy Whitaker, as interim CEO of the company, while the Board finalizes the search for a new CEO.
Fireswirl Technologies, Vancouver, BC - $41.2M, September 2015    
Fireswirl Technologies announced that Tony Lau has resigned as the CEO, President and CTO of the company and as a member of the company's board of directors. Lawrence Ng has been appointed to replace Lau as the company's Interim CEO and has been appointed to the board.
Bull Will Co., Taiwan - $41.00M, January 2016
Serial System announced resignation of Mr. Peter Ho I Chin as Executive Chairman and Group CEO of Bull Will Co., Ltd, effective from January 07, 2016.
Elephant Talk Communications, New York - $33.2M, November 2015
Elephant Talk Communications appointed Robert H. Turner as Executive Chairman and Tim Payne, the current President of Elephant Talk North America, as interim CEO. Together, both appointees will be responsible for managing and growing Elephant Talk's global operations. Mr. Steven van der Velden has stepped down as Chairman, CEO and a director of the Company.
Towerstream Corporation, Rhode Island - $31.7M, February 2016    
On February 16, 2016, the Board of Directors of Towerstream Corporation appointed Philip Urso as Interim CEO and Arthur Giftakis as COO of the company. Mr. Urso presently serves as Chairman of the Board of Directors and Mr. Giftakis as SVP of Engineering and Operations of the company. Urso co-founded Towerstream, has served as the company's director and chairman since inception and was CEO from inception until November 2005.
zamano, Ireland, $26.400M , May 2016
The Board of zamano plc announced that Ross Conlon has tendered his resignation as CEO and director of the company with effect from May 9, 2016 to pursue other interests. Ross has agreed to facilitate a smooth handover. The board will immediately commence a process for the appointment of a new CEO of the company.
Act-On Software, Oregon - $24.9M, October 2015
Act-On Software's CEO and Chairman Raghu Raghavan is stepping aside from the company. Raghavan, who will still be involved with the company, said a new CEO will be named soon. Prior to Act-On, Raghavan helped to start California-based Responsys.
Nexgram Holdings Berhad, Malaysia - $24.7M, June 2016
Nexgram Holdings Berhad announced the resignation of Mr. How Han Lun as executive director and interim CEO of the company with immediate effect.
Temple & Webster, Australia, $24.0M, April 2016
Board of Temple & Webster Group Ltd. has accepted the resignation of Brian Shanahan as CEO and also appointed Mark Coulter, current COO as Interim CEO.
Daegis, Texas - $23.7M, November 2015 
Daegis announces management changes with the terms of the merger agreement and effective as of the effective Time on November 23, 2015. Timothy P. Bacci and Susan K. Conner were removed from the positions of CEO and CFO, respectively, of the company.
Anoto Group, Sweden, $22.80M, March 2016
Anoto Group AB (publ) appointed Joonhee Won a new interim CEO. Stein Revelsby will resign from office with immediate effect after five years as CEO. The recruitment process of finding a long-term alternative as CEO will be initiated within a few months.
Photon Control, Canada - $21.5M, June 2016
Christopher Weston has stepped down as President and CEO and has resigned from the Board of Photon Control. Michael Goldstein, Deputy Chairman of the Board, has been appointed Chairman and Acting CEO.
Publishing Technology, UK - $21.4M, September 2015    
Publishing Technology PLC announced that after careful consideration, the Board announced that Michael Cairns has stepped down as CEO with immediate effect and will be replaced as acting CEO by the company's current CTO David Montgomery.
Panoramic Universal Limited, India - $21.20M, January 2016
Panoramic Universal has announced that Mr. Babu Iyer intimated about his intention to resign as Director from the Board of the Company and as Managing Director of the Company.
RoomLinX, Colorado - $20.8M, February 2016    
RoomLinX announced that in order to focus on capital requirements, public markets, investor & public relations, and M&A opportunities, effective January 4, 2016, Aaron Dobrinsky, CEO, has handed all of his day to day executive positions at the company and its subsidiaries to existing members of the management team. With his focus to help build shareholder value, Mr. Dobrinsky has assumed the role of Chairman of the Board.
Europtronic Group, Singapore, $18.7M, April 2016
Europtronic Group Ltd. announced the resignation of Mr. Huang Chien-Hung as CEO and Executive Director of the company with effect from 8 April 2016. In the interim period, the duties of the CEO would be undertaken by the Vice Chairman the Company, Mrs. Huang Chuang Shueh-Ou.
Ground Properties, Hong Kong - $16.7M, November 2015      
Ms. Chai Xiu had tendered her resignation as the CEO of the Company with effect from 10 November 2015 in order to devote more time on her other business commitment. Ms. Chai will remain as an executive director and the chairman of the Company. The Company is in the process of identifying a suitable candidate to assume the role as CEO and further announcement in this regard will be made as and when appropriate.
Posera-HDX Limited, Toronto, ON - $16.1M, September 2015    
Posera-HDX announced that Paul K. Howell has stepped down as CEO effective immediately. Mr. Howell will continue as a director of the company. An interim CEO will be appointed as soon as possible.
LRAD, California, $15.20M, March 2016
Tom Brown, the company's President and CEO, is resigning from the company. The company's Board of Directors has initiated a replacement search. Mr. Brown joined the Company as a member of the Board in March 2006 and became President and CEO in August 2006.
Image Sensing Systems, Minnesota - $15.2M, June 2016
Image Sensing Systems announced that Dale Parker has resigned as CFO, Interim CEO, COO and Director. The board has appointed Chad Stelzig as Interim CEO. Mr. Stelzig has most recently served as VP of Engineering of ISS in addition to his prior position as Director of Algorithm and Software Engineering at the Company.
Corum Group Limited, Australia - $13.8M, November 2015     
Corum Group Limited announced that David Tonuri has resigned from his positions of Managing Director and CEO with immediate effect. Current CFO, David Clarke, has assumed the position of interim CEO. David will hold this position for the time necessary for the board to undertake a search process for a new CEO.
RiT Technologies, Israel - $13.2M, June 2016
RiT Technologies  announced that Yossi Ben Harosh has resigned from his position as the President and CEO.
Schmitt Industries, Oregon - $13.00M, January 2016
Schmitt Industries announced that on January 8, 2016, James A. Fitzhenry, the President and CEO of the company tendered his resignation as an officer of the company, including any positions held with any of the company's subsidiaries. Mr. Fitzhenry will retain his position as a director of the company. On January 8, 2016, the company appointed board member David M. Hudson as its Interim President and CEO.
Pinnacle Technology Group plc, UK - $11.90M, January 2016
Pinnacle Technology Group plc announced that Nicholas Scallan, CEO, intends to step down from the Board at this year's Annual General Meeting proposed to be held on 23 March 2016. He will remain as CEO until this time. As announced on 7 December 2015, James Dodd will also step down as a non-executive director at the time of the AGM.
International Datacasting Corporation, Ontario - $7.2M, February 2016    
International Datacasting Corporation announced a change in management. As previously announced, the Board has commenced a formal process to explore strategic alternatives with a view to enhancing shareholder value. Accordingly, IDC's Senior Management team including the Co-CEO's Chris Barrett and Steeve Huin, as well as the CFO, Steve Archambault, have voluntarily offered their resignations. Archambault has agreed to serve as CFO and interim CEO during this transition period.
SpendSmart Networks, California, $6.46M, March 2016
Alex Minicucci resigned his position as CEO and was appointed to the position of Chief Strategy Officer. The Board of Directors appointed Chairman Jerold Rubinstein to the position of interim CEO. Mr. Rubinstein will serve as interim CEO until the appointment of a permanent CEO. Mr. Rubinstein has served as a member of the Board of Directors and Chairman of the company's Audit Committee since October 2013.
Birdstep Technology, Norway, $6.37M, March 2016
Lonnie Schilling, the CEO of Birdstep Technology ASA will step down from his position as the company's CEO. Mr. Schilling will continue to serve as the company's CEO for the notice period of six months, which starts on April 1, 2016.
Spectra7 Microsystems, Canada, $6.07M, May 2016
The Board of Directors of Spectra7 Microsystems  announced with great sadness, the sudden death of its President and CEO, Tony Stelliga. Dave Mier, CFO, and Cynthia Cole, VP, General Counsel and Corporate Development, have been jointly appointed by the Board on an interim basis to lead the company's management team overseeing daily operations and corporate strategy. Mr. Mier and Ms. Cole will act in such capacity until the Board identifies an appropriate candidate for the position of President and CEO.
Asdion Berhad, Malaysia - $2.34M, November 2015     
Asdion Berhad announced that Tai Tee Yap, CEO has resigned. The effective date is November 11, 2015.
Sitestar, Virginia - $1.99M, December 2015       
On December 14, 2015, the Sitestar Corporation board of directors terminated Frank Erhartic for cause from his position as president and CEO of the company effective immediately. Mr. Erhartic also agreed to resign his position as a director of the Company effective immediately. The board has appointed Steven L. Kiel as interim president and CEO. Steven L. Kiel, 37, is the founder and president of Arquitos Capital Management.
Spindle, Arizona - $0.6M, June 2016
Spindle named Michael J. Schwartz as its Interim CEO. Schwartz replaces Bill Clark who has held the CEO role since 2011. Prior to joining Spindle, Schwartz was Chief Technology Officer, International Group of Fiserv.
OTCO International, India - $0.45M, November 2015   
OTCO International announced that Ms. Chinnamma Pullatu Mathew is re-designated as Non-Executive & Non-Independent director from her existing position as executive & non-independent director and CEO of the company. She is not holding the post of CEO hereafter.
Zaio Corporation, Alberta - $0.43M, November 2015    
ZAIO announced that David King has been terminated from his position as President and CEO by the Board of Directors. Joel Strickland, Chairman of the Board has been appointed interim CEO, and Phil Wazonek, currently a Zaio Director has been appointed interim President and COO.
VidWrx, Canada - $0.4M, June 2016
VidWrx announced that CEO Steve Hancock was injured in a cycling accident on June 8. Steve is currently hospitalized with serious injuries the full extent of which is still being assessed. As a result the Board of Directors announced that Steve will be stepping down as CEO and Director of the Company.
Vogogo, Canada - $0.2M, June 2016
Vogogo announced that Geoff Gordon will be resigning as President and CEO. Mr. Gordon has also indicated his resignation from the board of directors of the Company.
Agritek Holdings, Colorado - $0.03M, November 2015  
On November 4, 2015, Justin Braune resigned as the CEO and as the sole member of the Board of Directors of Agritek Holdings. B. Michael Friedman will act as interim CEO, and sole member of the board, and shall serve until the 2016 annual meeting of stockholders and thereafter, until his respective successor is duly elected, qualified and practicable to replace Mr. Friedman. Mr. Friedman was previously the company's CEO from 2009 until he was replaced by Mr. Braune in March 2015.
Kashin, Nevada, $0.01M, March 2016
On February 28, 2016 in a Consent to Action in Lieu of a General Meeting of the Shareholders of Kashin to remove and terminate Carl Maybin II as the CEO and as a Director, Richard Dryer as the CIO and as a Director, to appoint Richard Specht as the Interim CEO, Interim CFO and Interim President and to appoint Scott Kline as the CIO and as a Director.
Primary Opinion, U.K - $0.01M, December 2015
Primary Opinion Limited announced that Mr. Martin Burke has tendered his resignation as CEO & Managing Director of the company effective 10 December 2015. Mr. Burke will continue to assist the board for the next 3 months to ensure a smooth transition of the Australian operations.
BreedIT Corp., New York - $0.01M, November 2015    
On November 10, 2015, the board of directors of BreedIT Corp. accepted the resignation of Mr. Yoel Yogev as the company's CEO and a director, effective November 10, 2015. Mr. Yogev stated that the reason for his resignation was to permit him to pursue other business interests. Mr. Itschak Shrem, who has served as the company's chairman since December 31, 2013, has been appointed as interim CEO and will continue to serve as chairman of the company's board of directors.
Kronologi Asia Berhad, Selangor, Malaysia - October 2015    
Kronologi Asia Berhad announced appointment of Mr. Teo Chong Meng Philip Dominic (Executive Director) as Acting CEO and Mr. Tan Wee Seng Gerard (Independent Non-Executive Director) as Non-Executive Chairman.
NETIA SA, Poland, October 2015
Netia announced Boguslawa Matuszewska's term as temporary president of its management board (CEO) expired on 06 October. As a member of the company's supervisory board, she was appointed temporarily to perform the duties of the CEO with effect from 06 July for no longer than three months. Netia also announced that she resigned her membership of the company's supervisory board with effect from 06 October.
Wall Street Media Co., New York, NY - October 2015       
Wall Street Media Co. announced that Jerrold D. Burden immediately resigned as the sole director, CEO, President, Principal Executive Officer and Principal Financial Officer of the company. The company also announced that Jeffrey A. Lubchansky was appointed as the company's sole officer and director, serving as the company's interim CEO, President, Principal Executive Officer and Principal Financial Officer.
Epcylon Technologies, Toronto, ON - September 2015
Effective on September 22, 2015, the board of directors of Epcylon Technologies accepted the resignation of Jack J. Bensimon as the CEO and member of the board of directors of the company. Gary Schwartz, as director of lead strategies on behalf of the company, will be overseeing the day-to-day operations of the company until a replacement for CEO has been appointed.
HashingSpace, Los Angeles, CA - September 2015     
Timothy M. Roberts resigned as the Chairman and CEO. No replacements announced yet.
Compumed, California, November 2015   
CompuMed announced that W. Scott Rombach has resigned as President, CEO, and Director of CompuMed, effective November 13, 2015. Lee Keddie and David Pointer, existing Directors, will serve in the role of interim Co-CEOs for the company.
Oniqua Pty, Queensland, November 2015
Oniqua Intelligent MRO announced that effective December 4, 2015 company co-founder and CEO Andy Hill will retire after 25 years of service. Steve Herrmann, EVP of marketing and alliances for the company, will serve as interim CEO to ensure a smooth and successful transition during the search for Mr. Hill's successor. Hill will continue to provide strategic advice and counsel to the company on a consulting basis.
Openreach, Greater London, November 2015    
BT announced that Joe Garner is to step down as CEO of Openreach after deciding to take up a new challenge as CEO of Nationwide.
Société Internationale de Télécommunications Aéronautiques, Geneva, November 2015
SITA announced that CEO Francesco Violante will step down in the second half of 2016 after more than 13 years at the helm. A global search for Violante's successor is currently under way.
1st Detect Corporation, Texas, November 2015
Astrotech Corporation and its subsidiary 1st Detect Corporation, announced the demise of 1st Detect CEO Bob C. Kibler on October 31 due to heart complications. Mr. Kibler joined the company on June 23, 2014 and served as CEO of 1 Detect Corporation since December 4, 2014. Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation and Chairman of 1st Detect, who was also the CEO of 1 Detect from inception to December 3, 2014 will serve as Acting CEO until a successor is named.
PeerTV, Israel, November 2015    
PeerTV Plc announced the resignation of Wes Wilcox as CEO of PeerTV Limited.
Ournett Holdings, New York, November 2015   
Effective as of October 22, 2015, Mr. Xavier Rey has resigned as the CEO of Ournett Holdings and as a member of the company's Board of Directors.
ShopKeep POS, New York, December 2015       
Effective Jan. 1, 2016, ShopKeep announced that President and CEO, Norm Merritt, will be stepping down as head of the company for personal reasons. Michael DeSimone, who was formerly CEO of Borderfree will serve as ShopKeep’s acting CEO.
Total Client Services, South Africa, December 2015     
Total Client Services Limited announced its shareholders that Mr. Lindikhaya Sipoyo has decided not to renew his employment contract for a third term. However, in order to ensure a seamless transition, Lindikhaya has agreed to continue to fulfill the role as Executive Director and CEO until a suitable replacement is found.
Micromax Informatics Limited, India - January 2016
Micromax announced that CEO Vineet Taneja has resigned from the company. Taneja was appointed the CEO in May 2014. The company's four promoters, Rajesh Agarwal, Vikas Jain, Rahul Sharma and Sumeet Kumar, that own about 80% stake, are now in charge of the company.
Imagination TV, Florida - January 2016
STEVEN SAMBLIS, has stepped down as CEO, CFO and President and as a Member of the Board of Directors of the company. JOE SIRIANNI, who has consented to act as a President, Secretary and Treasurer, is appointed as President, Secretary and Treasurer of the company.
HempTech Corporation, Florida - January 2016
In connection with the new operating structure and upon completion of the Agronetix Merger, Sam Talari will become the Acting CEO and CFO of Agronetix. The Company will start to recruit a CEO for HempTech Sam Talari will remain as the acting CEO for HempTech.
Superloop, Australia, February 2016       
Superloop Limited announced that Superloop Executive Director and Founder, Mr. Bevan Slattery will be taking the role of Interim CEO of Superloop. Slattery will remain in the role of company Chairman.
AppYea, Texas, February 2016     
On February 4, 2016, AppYea's sole director, CEO and CFO, Jackie Williams, passed away. Effective February 16, 2016, pursuant to the company's Bylaws, shareholders holding a majority of the common share votes, voted by written consent to appoint Keri Williams and Devin Beavers to serve as directors of the company. In addition, on February 16, 2016, the newly appointed board of directors appointed Devin Beavers to serve as interim CEO and interim CFO.
Globecomm Systems, New York, March 2016
Globecomm Systems announced that Keith A. Hall is stepping down as CEO and that Current CFO, Jason D. Juranek, will serve as Interim CEO. Mr. Hall will continue to be a resource for the Company during this interim period to ensure a smooth transition.
Trendit, Israel, March 2016
The Board of Directors of Trendit appointed Lior Romano as Executive Director. Mr. Romano will also act as interim CEO until a permanent replacement is appointed. Mr. Romano is also CEO of Contacts+. Benny Saban, CEO of the company, has notified the Board of his resignation from his role as CEO and as a member of the company's board.             
Gulf Bridge International, Qatar, March 2016
Gulf Bridge International has appointed Amr Eid as acting CEO. Eid will take on the job effective immediately, in addition to his role and responsibilities as chief commercial officer.
Interups, New York, April 2016
Until April 26, 2016, the company's sole director and officer was Likhitha Palaypu, who resigned as an officer, and is the daughter of Laxmi Prasad, formerly the company's majority shareholder. The company appointed Hadley W. Donenberg as Director, Interim CEO.
VGTel, New York, April 2016
VGTel announced that effective August 31, 2015, the interim management team, consisting of Amilya Antonetti, interim CEO, and K. Bryce Toussaint, interim President elected not to renew the 90-day interim management contract, and as of August 31, 2015, Ms. Antonetti and Mr. Toussaint are no longer affiliated with the company. The Board of Directors is seeking replacements for both President and CEO positions.
Compliance Science, New York, April 2016
Compliance Science announced co-founder and CEO Mitch Kraskin has stepped down from his role as CEO. Effective March 29, David Eisner, a board member since March 2015, has assumed the role of executive chairman of Compliance Science and will be responsible for the company's operations and appointment of the next CEO. Michael D Angelo continues in his senior executive and board roles. Mr. Kraskin remains a non-executive board member of the company he co-founded in 2003.
Dyn, New Hampshire, May 2016
Jeremy Hitchcock, who co-founded Dyn, resigned as CEO. No one was named CEO. Jim Baum, who was named as chairman of the privately held company's board of directors in January, will be executive chairman.
CÜR Media, Connecticut, May 2016
CÜR Media appointed James Urie as Executive Chairman of the Board and as Interim president and Interim CEO, to assume the duties previously performed by Mr. Brophy, to serve until his successor shall be duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and a director of the Company.
ZipLocal, Canada, May 2016
ZipLocal announced that the Board of Directors has approved the appointment of Raj Ravindran, CFA, MBA, Ph.D as Interim CEO and Interim CFO.  Both positions were vacant as a result of the resignations of Paul Van Damme as CFO and Director, and Kevin Dane as CEO and Director.
MediaWorks Integrated Systems, California, May 2016
MediaWorks said the board had accepted Mr. Mark Weldon's resignation as CEO.
Ubiquity, California, June 2016
Ubiquity announced that on June 8, 2016, Nick Mitsakos, who is presently Co-Chairman has been appointed as Interim CEO and will remain as Co-Chairman of the company. Mr. Carmichael who has served the dual roles of CEO and Creative Architect will relinquish the role of CEO and will remain Co-Chairman and will continue to serve as Chief Creative Architect of the company.
Gateway Media, Missouri, June 2016
Gateway Media announced that Gabe Douek CEO has left the company.
Lavu, New Mexico, June 2016
Marc Chesley has stepped down as the CEO of Lavu. Chesley confirmed that he left Lavu June 9, 2016.
HGS Colibrium, Georgia, June 2016
HGS Colibrium’s Board of Directors announced that Mark Poling has resigned as CEO and is leaving as a founder to pursue other interests.
Quikflo Health, Canada, June 2016
QuikFlo Health announced that it has, subject to regulatory approval, appointed David Lane as a director and interim CEO. Mr. Lane has significant experience as a director and officer of various public companies across various industry sectors.
chatAND, New York, June 2016
chatAND has appointed Victoria Rudman as the Interim CEO of the company. Ms. Rudman currently also serves as the CFO.
WordLogic, Canada, June 2016
Frank Evanshen hereby resigned from the Board of Directors and the position of CEO and President of WordLogic.

Tech Companies: CEOs Appointed


This is the detailed version of CEOs Appointed in the month June 2016. 

Lenovo Group, Spain - $44.9B, June 2016
Lenovo has appointed Alberto Ruano as the new CEO of its Spain and Portugal business, replacing Juan Chinchilla, who has been named new marketing director for Southern Europe. A former CEO of Toshiba Spain, Ruano has headed Lenovo's business and public administration division in the Iberian region for the past three years. Lenovo is currently the second largest PC vendor in Spain, behind HP.
Xerox, Connecticut - $17.9B, June 2016
Xerox Corporation announced that Jeffrey Jacobson will become CEO of the company following completion of its separation into two independent, publicly-traded companies - Xerox Corporation, comprised of its Document Technology and Document Outsourcing businesses, and Conduent Incorporated, comprised of its Business Process Outsourcing business. Jacobson is currently EVP and President, Xerox Technology and will continue to serve in that role until completion of the separation, at which time company's current CEO, Ursula M. Burns, will step down.
Alcatel-Lucent, France - $15.5B, June 2016
Alcatel-Lucent decided to distinguish the positions of Chairman of the Board and CEO. The Board of Directors proposed to appoint Marc Rouanne as Chairman of the Board of Directors and CFO Olivier Durand as CEO of the company.
MTN Group, South Africa - $9.5B, June 2016
MTN announced that Rob Shuter, a South African who is currently the Vodafone Europe CEO, will take over as its new group president and CEO next year. Shuter will take over from executive chairman Phuthuma Nhleko, who stepped in last November in the thick of the Nigerian fine debacle.
Oi S.A., Brazil - $7.6B, June 2016
Oi S.A. announced that Mr. Bayard De Paoli Gontijo delivered his resignation as CEO of the company. The Board of Directors elected, Mr. Bayard De Paoli Gontijo’s replacement, Mr. Marco Norci Schroeder as CEO of Oi, who will also continue in the role of Financial Administrative Officer, which he currently exercises.
Symantec, California - $3.6B, June 2016
Symantec and Blue Coat announced that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. Greg Clark, CEO of Blue Coat, will be appointed CEO of Symantec and join the Symantec Board upon closing of the transaction.
Marvell Technology Group, Bermuda - $2.9B, June 2016
Marvell appointed Matthew J. Murphy as President, CEO, and member of the Board of Directors. Murphy joins Marvell from Maxim Integrated, where he spent the past 22 years with increasing responsibilities in sales and business unit leadership roles. Most recently, he was EVP, Business  Units, Sales & Marketing.
SunEdison, Missouri - $2.4B, June 2016
Ahmad Chatila, President, CEO and a member of the Board of Directors of SunEdison, notified the company of his decision to resign from his employment positions. SunEdison appointed John S. Dubel as the CEO of the company. Mr. Dubel has served as SunEdison's Chief Restructuring Officer since April 29, 2016 and will continue in that role. He is also the CEO of Dubel & Associates.
Wah Lee Industrial, Taiwan - $1.2B, June 2016
Wah Lee Industrial announced Chang Tsung-Shien will become the President and CEO of the Company replacing Chang Ray C. as Chairman and CEO, Chen Chun-Yin as Vice Chairman and deputy CEO and Chen Pin-Hong as President and COO.
Cowell e Holdings, China - $980.2M, June 2016
The board of directors of Cowell e Holdings announced that Mr. Lee Sun Yong has resigned as the CEO of the company. The Board further announced that Mr. Kim Kab Cheol, an executive Director, has been re-designated as the CEO of the company.
itelligence AG, Germany - $756.2M, June 2016
itelligence AG announced that Norbert Rotter is taking on the role of CEO of the company. Rotter, who previously held the position of CFO, is following on from Herbert Vogel, the founder and long-standing CEO of the most successful SAP consultancy firm for the SME market.
Stratasys, Minnesota - $691.2M, June 2016
Stratasys announced that David Reis has decided to step down from his position as the CEO. Reis will remain a member of the Stratasys board of directors as an Executive Director. Ilan Levin, a member of the Board and Executive Committee of Stratasys, will assume the role of CEO.
Autohome, China - $609.6M, June 2016
Autohome announced that Min Lu has been appointed to replace James Zhi Qin as CEO of the company.
Fingerprint Cards, Sweden - $524.8M, June 2016
The Board of Directors of Fingerprint Cards has appointed Christian Fredrikson as new CEO, starting from August 2016. Christian Fredrikson is CEO for F-Secure. Jörgen Lantto remains in his role as CEO until Christian Fredrikson enter upon his duties.
Telenor Bulgaria EAD, Bulgaria - $399.7M, June 2016
Telenor Group has named Michael Foley as CEO of Telenor Bulgaria. Foley has more than 30 years of sales, marketing and operational experience in the telecom and retail sectors from both advanced and growth markets.  He has lived and worked in more than 11 countries, including previous experience from Bulgaria, where he held a leadership role in the telecom industry from 2004 to 2005.
The Intertain Group, Ontario - $370.3M, June 2016
The Intertain Group also appointed Andrew McIver, former CEO of Sportingbet, as its new CEO and as a director.
GameLoft, France - $278.2M, June 2016
Vivendi and Gameloft appointed Vivendi COO Stéphane Roussel as Chairman and CEO of Gameloft.
Click Sales, Idaho - $250.0M, June 2016
ClickBank appointed Edward Katzin as its new CEO. Katzin comes to ClickBank from Apple.
Hemlock Semiconductor Corporation, Michigan - $195.8M, June 2016
Mark Bassett, Ph. D. has been named chairman and CEO of Hemlock Semiconductor. Bassett, who currently serves as global VP of The Dow Chemical Company’s Polyurethanes business, replaces Denise Beachy, who has been named commercial director for Europe, Middle East, Africa and India for Dow’s Elastomers, and Electrical and Telecommunications business., United Kingdom - $176.3M, June 2016
The Board of esure Group plc appointed Matthew Crummack as CEO of Matthew served as CEO of from 2011 to 2015, until the business was acquired by Bravofly Rumbo Group (subsequently renamed Group). Matthew was also formerly a SVP of Lodging at Expedia in Europe and the US.
F-Secure, Finland - $170.3M, June 2016
Christian Fredrikson, President and CEO of F-Secure Corporation, has resigned to pursue a leadership opportunity outside the Company. The F-Secure Board of Directors has appointed Samu Konttinen as new President and CEO. Konttinen joined F-Secure in 2005 and has held a wide range of senior management positions in the company, including EVP of Sales and Marketing, and EVP of F-Secure’s Consumer Business. Most recently he served as EVP Corporate Security Business.
Goldenmars Technology Holdings, Hong Kong - $155.5M, June 2016
The Board of Goldenmars Technology Holdings announced that due to the re-division of role and function of the company, Ms. Lau Wing Sze has resigned as the CEO but remains an executive Director and Mr. George Lu, an executive Director of the company, has been appointed as the CEO. Mr. Lu, aged 53, a founder of the Group and is also the chairman of the Board of Directors.
Brightree, Georgia - $113.2M, June 2016
Matt Mellott will become the company’s new CEO. Mellott joins the company from MedBridge Healthcare.
Cision; PR Newswire Association, Illinois - $110.2M, June 2016
Cision announced that, the company has finalized the acquisition of PR Newswire. By combining capabilities, Cision and PR Newswire will provide clients with the best content distribution, influencer outreach, media monitoring and analytics offerings. PR Newswire's CEO Bob Gray will be transitioning out of the business and Peter Granat will be the CEO of the combined organization.
Iskon Internet, Croatia - $60.3M, June 2016
The Supervisory Board of Croatian operator Iskon Internet has appointed Kresimir Madunovic as the company's new CEO. Madunovic takes over from Sasa Kramar who has led the company for the past 14 years and will continue his career at Hrvatski Telekom as VP and General Manager for business customers. Madunovic has been with Iskon since 2013. Initially a member of the board for business sales, he soon took over the residential sales segment, customer support and marketing. During his career, he also worked at HT Mostar, T-Mobile and HT
Veeam Software, Ohio - $57.5M, June 2016
Veeam Software has promoted William H. Largent, currently EVP, as its new CEO. Largent has been part of Veeam's growth since its inception in 2006, and has more than 30 years of operations and leadership experience in growth companies.
NEC India, India - $53.6M, June 2016
NEC India appointed Takayuki Inaba as its new Managing Director. In 2003, he joined NEC Corporation of Malaysia and was appointed Director in 2008.
tenKsolar, Minnesota - $39.1M, June 2016
Ten K Solar announced that Jeffrey J. Hohn has joined the company as CEO. Hohn, who formerly served as VP and General Manager of 3M's Renewable Energy Division, will succeed Joel Cannon, a Co-Founder of Ten K Solar.
Wireless Telecom Group, New Jersey - $30.9M, June 2016
Wireless Telecom Group announced that its board of directors has appointed current board member Timothy Whelan as the company’s new CEO.
AudienceScience, Washington - $29.8M, June 2016
Chairman Bill Gossman has added the role of CEO and will continue to manage the company's strategy, growth and maturation as a global advertising automation software company. Former CEO Mike Peralta will remain at the company in the new role of Chief Strategy Officer.
IEEE GlobalSpec, New York - $28.9M, June 2016
IEEE GlobalSpec announced that Patrick Mahoney has been named CEO and president of the company. The hire comes after GlobalSpec was recently acquired by the Institute of Electrical and Electronics Engineers. Mahoney joins IEEE GlobalSpec from IEEE, where he served as chief marketing officer.
Ominto, Florida - $22.1M, June 2016
Ominto announced that Michael Hansen, the company’s Founder, will assume the role of CEO. Mitch Hill, who has been serving as Interim CEO since January, will continue as an Executive Board member.
Dexter & Chaney, Washington - $16.4M, June 2016
Dexter + Chaney announced two moves among the company’s executive team. Dexter + Chaney President Norbert Orth will be assuming the additional responsibilities of CEO.
MER Telemanagement Solutions, Israel  - $16.2M, June 2016
MER Telemanagement Solutions announced that it has appointed Mr. Orey Gilliam to succeed Mr. Lior Salansky as the company's CEO. Gilliam served as the CEO of ICQ, an AOL company, and then was appointed to head all of AOL's Messaging units.
QuickLogic, California - $15.7M, June 2016
QuickLogic Corporation announces that its president and CEO, Andy Pease will retire from QuickLogic. Mr. Pease was diagnosed with Stage One Parkinson's Disease two years ago, and while it has not impacted his performance, based on a recent recommendation from his neurologist. Brian Faith will assume the role of QuickLogic president and CEO on June 24, 2016. Mr. Faith has been with QuickLogic since 1996, and during the last 20 years he has held a variety of managerial and executive leadership positions in engineering, product line management, marketing and sales.
Verisma Systems, Colorado - $15.4M, June 2016
Verisma has announced that Marty McKenna has been appointed as its president and CEO. He has held multiple leadership roles in healthcare IT from president of Allscripts Analytics, to leading global marketing and commercial operations for dbMotion.
Mobiquity, Massachusetts - $14.4M, June 2016
Mobiquity appointed John Castleman as the new CEO. Most recently he served as President and CEO of Alliance Global Services.
InteliSecure, Colorado - $14.2M, June 2016
InteliSecure announced it has named Steven Drew as CEO. Drew comes to InteliSecure from USConnect where he also served as CEO. Prior to his role at USConnect, he was Executive Director of Global Operations for Dell SecureWorks. As a member of the senior management team, he was responsible for the overall operations of the company's seven security operations centers (SOCs) located throughout the world. Prior to its merger with Dell, Drew held the position of Chief Operating Officer (COO) at SecureWorks. Drew held various operational roles at LURHQ, including VP of Professional Services and Chief Operating Officer before it merged with SecureWorks in 2006. Drew is a member of the board of directors at PhishLabs.
Seagull Scientific, Washington - $12.6M, June 2016
Seagull Scientific announced that company president Harold Boe has assumed the title of President and CEO. Seagull’s founder, chairman and former CEO Jeremy Seigel retains his role as chairman. Harold joined Seagull in 1988 as a software developer.
Avalon Technology, Virginia - $9.4M, June 2016
Avalon Technologies appointed Mark Horan as CEO. A former Dell executive, Horan most recently served as VP and General Manager of Dell's Preferred Accounts division for commercial and public sector customers.
Rosslyn Data Technologies, United Kingdom - $5.3M, June 2016
Roger Bullen, the current chief finance and operating officer, will become CEO.
Multimedia Platforms, Florida - $2.3M, June 2016
Robert Blair tendered his resignation as CEO of the company. The Board elected Robert Weiss as President and CEO. Since May 2014, Weiss has served as the CEO of The Arpanet Group.
Fullnet Communications, Oklahoma - $1.9M, June 2016
FullNet Communications appointed Roger P. Baresel as the CEO of the company. Baresel will continue to serve as a director and Chief Financial Officer, which he served since November 2000.
AnalytixInsight, Canada - $0.9M, June 2016
Prakash Hariharan has been appointed CEO and remains Chairman of the Board. He was formerly one of Canada's portfolio managers and is well known within the Canadian financial industry.
Quantum Materials, Texas - $0.2M, June 2016
Quantum Materials announced that company board member Sri Peruvemba will be expanding his leadership role with the company to take the helm as CEO. While founder and current CEO Stephen Squires will continue to have a strategic role, this change will enable Mr. Squires to focus more effort on Solterra Renewable Technologies.
E.S.I. Environmental Sensors, Canada - $0.1M, June 2016
EJohan Grandin, a director of the company for the past six years, has been appointed by the Board of Directors as the new CEO and Chairman of the Board.
EXO U, Canada, June 2016
EXO U announced that CEO, Kevin Pawsey, has resigned as CEO of the Corporation effective July 12, 2016 in order to spend more time with his family. Jim Kirchner, currently SVP of Business Development of EXO U, will succeed Mr. Pawsey as CEO.
Easy Technologies, Canada, June 2016
The board has now appointed Mr. Rupert Shore to the office of CEO. Mr. Shore was employed by the British Columbia Ministry of Energy, Mines and Petroleum, where he undertook various studies under the Direction of the Assistant Deputy Minister.
Morgan Solar, Ontario, June 2016
Morgan Solar has announced that its Board of Directors has appointed Mike Andrade as CEO and member of the Board of Directors. Andrade has 30 years of experience in the technology industry, most recently as President of Diversified Markets at Celestica.
Temasys Communications North America, California, June 2016
Joining Temasys in North America and Silicon Valley are Bent Rye, as CEO. Rye, who is based in Silicon Valley, joins Temasys after almost 20 years with Cisco.
Virgin Mobile USA, New Jersey, June 2016
Virgin Mobile USA appointed Dow Draper as CEO. Before this role, Draper was president of Sprint's Wholesale & Prepaid Services, expanding the contract-free business with dramatic changes to keep the company's Boost Mobile, Virgin Mobile and Sprint Prepaid brands value-driven and competitive.
Xped, Australia, June 2016
Athan Lekkas has been appointed Chairman and CEO of the Company and has been instrumental in driving the Company forward on its business opportunities.
Sofant Technologies, United Kingdom, June 2016
Sofant Technologies has appointed David Wither as CEO. With over 20 years’ experience in radio technologies and more than 10 years as CEO, Wither has a strong background in technology sales and business development, including positions in Sarantel Group PLC, RF Micro Devices Inc and Baxter International.
Vodafone Egypt Telecommunications, Egypt, June 2016
Vodafone Egypt reshuffled its leadership and appointed Stefano Gastaut as the company's CEO, replacing Ahmed Essam.  Gastaut joined the company in 2004.
1insurer, Hampshire, June 2016
1insurer appointed Mr. Henry Bonner as CEO. Henry Bonner, joins from OpenLink Financial , having held key business development roles including the CEO of its DBC Software division where he was instrumental in developing its commodities solutions business.
Wrench Group, Texas, June 2016
The Wrench Group announced that Ken Haines has been selected to lead the Company and will assume the role of CEO. Mr. Haines was formerly the President & CEO of Atlanta's Coolray Companies, one of Wrench's four regional brands.
Dandemutande Investments, Zimbabwe, June 2016
Dandemutande has appointed Nhena Nyagura as CEO to lead the business, following its merger in 2015 with iWayAfrica Zimbabwe and Africa Online. Nyagura has over 18 years experience in the technology industry, gained locally and with the top ICT companies in the USA. He was previously the head of business for iWayAfrica and acting-regional manager for Africa Online, where he was responsible for strategy formulation and execution.
D Software, California, June 2016
Zephyr announced that Scott Johnson has been named CEO. Scott brings nearly two decades of sales and marketing executive management Prior to Zephyr, Johnson was President and CEO of Social Solutions, where he exceeded revenue goals and grew the company to more than 250 employees in three years.
ParaData, California, June 2016
Paradata announced that it has named board member and former Flex Senior Executive, Debbra Rogers as CEO. Founder Scott Slinker stepped down as CEO and has assumed a technical advisory role.
Cloudwords, California, June 2016
Cloudwords appointed Richard Harpham as President and CEO. Prior to Cloudwords, Harpham held executive positions at Autodesk, M-SIX, and Calgary Scientific. He previously held the role of VP of sales and marketing at Cloudwords.
Intrepid Online Retail, India, June 2016
Styletag announced that it has appointed Michael Adnani as CEO. Adnani joins the company from Flipkart, where he was VP of the commerce platform and headed strategic brand alliances.
Applied Pathways, Illinois, June 2016
Applied Pathways has announced that Steve Lefar has assumed the role of CEO and will join its Board of Directors. Founder and current CEO John Feldman will continue in an operating role as Chairman of the Board. Lefar comes to Applied Pathways following his 4-year tenure as President and CEO of analytics firm Sg2, which was acquired by MedAssets in 2015.
Mark One Lifestyle, California, June 2016
Mark One names Alan Johnson as new CEO, where he will focus on augmenting the company’s presence worldwide. With more than 30 years of experience working for global consumer brands, including executive roles at Gap, the Walt Disney Company, and PepsiCo, Johnson has a proven track record of fostering growth for top companies. Prior to joining Mark One, Johnson served as CEO of BevMo!.
Telenor Pakistan, Pakistan, June 2016
Telenor Group appointed Irfan Wahab Khan as CEO of Telenor Pakistan. Khan moves up from the position of deputy CEO and CMO at Telenor Pakistan.
Agari Data, California, June 2016
Agari announced that Ravi Khatod has joined the company as CEO. Khatod brings more than 20 years of experience as an entrepreneurial leader with deep domain experience in security and IT operations.
Dimension Data, Hampshire, June 2016
Dimension Data appointed Jason Goodall as Group CEO, as Brett Dawson, current CEO, steps down after 12 years. Goodall steps into the role from his current position as Group COO.
Grex Alternative Investments Market, India, June 2016
Grex Alternative Investments Market has appointed Abhijeet Bhandari as its CEO. Bhandari has replaced Manish Kumar. Bhandari is the co-founder and director of the company.
BioBeats, California, June 2016
BioBeats appointed a new CEO, Rob Brougham. Rob replaces current CEO and Co-Founder David Plans, who will become Chief Science Officer. In his previous role, he was CEO of the Telehealth and Telecare business for BT Global Services, responsible for the P&L and selling into the NHS and private sector.
iText Group NV, Belgium, June 2016
iText has a new CEO. Stephan Engelen has been chosen as the company's new CEO. Before iText, Mr. Engelen served in executive positions at Philips Electronics and Cisco Systems.
Vroom, Texas, June 2016
Vroom announced that Paul J. Hennessy has been named CEO. Hennessy, a nearly two-decade veteran of the e-commerce industry, most recently served as CEO of since April 2015.
WegoWise, Massachusetts, June 2016
WegoWise has announced that veteran tech executive Laila Partridge will become WegoWise's new CEO.  Outgoing CEO Andrew Chen will continue to serve as Chief Financial Officer of Boston Community Capital (BCC) and Managing Director of its Venture Fund.
MediaPlatform, California, June 2016
MediaPlatform announced that Mike Newman is succeeding Jim McGovern as CEO. Prior to MediaPlatform, Mike Newman was VP/GM at Polycom, where he oversaw Polycom's worldwide video content management and streaming business.
Arkivum , United Kingdom, June 2016
Arkivum announced that its Board of Directors has appointed Guy Yaniv as its new CEO, succeeding Jim Cook, who will serve as the company's Chief Customer Officer (CCO). Guy Yaniv joins Arkivum from NICE Systems.
Servion Global Solutions, India, June 2016
Servion Global Solutions has appointed Sameet Gupte as CEO. Gupte has replaced Balakrishnan K. Prior to this appointment, Gupte worked for VirtusaPolaris as EVP and global head of financial services. He has also worked with Genpact Headstrong Capital Markets.
Spireon, California, June 2016
Spireon announced that Kevin Weiss has been named as the company’s next CEO. Prior to joiningSpireon, Kevin served as CEO of Unitrends.
Humor Rainbow, New York, June 2016
Match Group announced that it has hired Elie Seidman as CEO of OkCupid. Most recently, he served as Chief Revenue Officer at BorrowersFirst.
Airtel Payments Bank, India, June 2016
Airtel Payments Bank appoints Shashi Arora as CEO & MD, subject to the approval of Reserve Bank of India. He will replace Manish Khera, CEO, who has decided to pursue this enterpreneurial journey. Shashi joined Bharti Airtel in February 2006 and was appointed as CEO of Bharti Telemedia limited.
Simparel, New York, June 2016
The board of directors of Simparel appointed company president Roberto Mangual as CEO.
AMI Investments, Texas, June 2016
Brad Kitterman has joined Nighthawk as the CEO. Brad will take over for Dennis Burke, VP McWane Technology Group, who has been serving as interim CEO. Brad brings a wealth of experience, most recently having served as president and CEO of Aclara. 

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CFO, West coast tech company
CFO, Quantum Computing Company
CFO , $1b Media Company 
CFO, digital media Company


SVP Sales & Services, $70m EdTech SaaS Co.
EVP Sales, Marketing & BD, $500m Unified Communications Co.
VP, North America (now SVP Sales), $60m SaaS to Retail Industry  


CMO, SaaS Software Company
VP, Marketing, $50m software company
VP, Marketing & BD, Software company
CMO, $50m Services Company

Product Management

CPO, HCIT Healthcare SaaS (Division of large co.)
VP Product Management, $120m SaaS Co.      
VP & GM, Transportation and Logistics Software (SaaS, large public co.)
VP & GM, SMB (SaaS, large public co.)

Vell Team

We are a team of retained search veterans, that have large search firm and boutique experience. Our team consists of a principal executive search consultant (Dora Vell), a Vice President (Dal Coger), two senior consultants, one senior industry analyst (Ajanta Banerjee), two candidate research associates, and two data entry folks, as well as an an EA/ Business Manager and a Controller.

 Contact Us 

Vell Executive Search
185 Devonshire, Unit 200
Boston, MA 02110
Main Line: 617-530-1260
Fax: 781-207-0553


Read 3594 times Last modified on Friday, 14 August 2020 15:50
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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