Keep up to date with technology leadership moves by category.

January 19th, 2020

Happy New Year and welcome to our Annual Technology CFO Newsletter, summarizing the 2019 appointments and open roles as of the end of the year.

We are now working on trends for 2019 Board changes in tech companies.

Summary Trends

There are currently 36 Open Tech CFO Roles in US & Canada after all the shuffles last year. There have been 231 CFO appointments in the technology domain in US & Canada in 2019.

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Instagram Co-Founders Leave Facebook after Six Years; Tensions over Product Direction

Instagram co-founders Kevin Systrom, 34, and Mike Krieger, 32, have resigned, amidst growing tensions over product direction with Facebook’s CEO, Mark Zuckerberg. They co-founded the photo-sharing mobile phone app company in 2010. Facebook acquired Instagram in 2012 for $1 billion. 

eSignature Co. DocuSign Board Shuffles after IPO: the Founder, & Chairman and xCEO and Three VCs Step Down. Four Others Named

Just after three months after its IPO, five of twelve of DocuSign’s board members are stepping down. The board appointed three others to the board, in addition to one that was appointed in March of this year. 

Tuesday, 26 June 2018 09:22

Intel CEO Brian Krzanich Resigns

Written by

Intel announced that CEO Brian Krzanich, 58, has resigned.  Robert Swan, 57, Intel’s CFO has been named as the interim CEO. Intel was recently informed that Krzanich had a past consensual relationship with an Intel employee. A subsequent investigation resulted in the resignation.  Outside of the affair,  Kraznich’s reputation suffered as a result of two 2017 events:  (1) the  scary security flaws in two chips, named  Meltdown and Spectre,  and (2)  Krzanich’s stock sale of $24m, ahead of the security flaws being made public.

 

Ultimately, Intel’s first quarter results in 2018 were very strong, seemingly unaffected by the chips’ security flaws.

Themes in the Giant Tech Reorgs:

  • Acquisitions: Vantiv acquires WorldPay. Sprint/T-Mobile US Merger; failed acquisition of Qualcomm.
  • Deals with Investors (activist or not): Akamai, Ericsson, uber.
  • Disappointing Results: Micro Focus, BT Group.
  • Other: F5 Networks (growth), Nuance (long term CEO transition), Vodafone (surprise), InfoSys (whistle blower).

 

Apple Steals Machine Learning and AI Star from Google 

Apple Music Promotes Two

Apple has hired Google's former head of search and artificial intelligence John Giannandrea to lead the company's 'machine learning and A.I. Strategy.

The giant also has appointed International exec Oliver Schusser as VP of Apple Music and international content to oversee its music streaming business, relocating from the UK to California for the new position. With Oliver’s promotion, Apple marketing executive Tracey Hannelly will lead International for Apple music, which services 155 markets. She joined the company in 2007 beginning in Australia and New Zealand.

 Amazon Studios Hires NBC Chief as a New Head

NBC Entertainment President Jennifer Salke has been named head of Amazon Studios. Salke will oversee all television and film production for Amazon's entertainment arm.

Board Changes

Facebook board: Jan Koum, 41, CEO of WhatsApp stepped down from the board over significant disagreements over privacy issues.

Joining Akamai’s board is Amazon’s CISO - Tom Killalea, 49.

LogMeIn has named Sara Andrews, SVP and Global CISO of PepsiCo to the company’s board of directors.


  • Samsung Electronics Announced the Launch of The Samsung Design Innovation Center (SDIC). SDIC, a design lab dedicated to the integration of disruptive user-experiences to product design.
  • Microsoft names Rajesh Jha to lead Experiences & Devices as EVP. The word Windows is dropped from the title, but the role includes Windows, Office, third-party applications and devices on an integrated 365 Experience.
  • Cisco names Salesforce executive Maria Martinez, 60, joins Cisco as EVP and chief customer experience officer. She’s also held a number of leadership positions at Microsoft, Motorola, AT&T as well as CEO of the start-up, Embrace Networks. 

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