Midwest: Convergys,  Deluxe Corporation, BH Media Group,  Stratasys are looking for CEOs.

South Atlantic: Birch Communications,  World Health Energy Holdings are also looking for CEOs.

Open Tech CEO Roles in the US - Northeast and Mid-Atlantic  as of June 30th, 2018

athenahealth, Commvault Systems, Wayside Tech. Group, and Everbridge are all looking for CEOs.

 

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).

60 % of the Giant Tech companies promoted CEOs internally, while 40% hired CEOs externally. Cerner is the only company that hired a CEO externally and also made him Chairman. 100% of the newly named CEOs were men. (vs. 90-95% overall in a larger set of tech companies).

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. 
  • 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.
  • Google appointed veteran programmer Jeff Dean, 50, as the new head of the company's artificial intelligence unit,
  • Facebook is making forays into the future with emphasis on technologies such as Blockchain, Artificial Intelligence and Augmented/Virtual Reality.

Introduction

How to structure the leadership of large corporations – and specifically whether to split or combine the roles of Chairman and CEO – remains an active and often controversial question.

Under recent shareholder pressure, Walt Disney Company preemptively amended its corporate governance guidelines to require the board of directors to provide annual justification whenever the roles are combined, as they currently are. At Disney and an increasing number of major corporations, the board is obligated to revisit the structure question on a regular basis.

This year has seen a traditional mix of profiles and ages. Traditional categories of investors, CEOs/COOs, and CFOs. There were surprisingly few executives that were pure CFOs, and an increasing number of executives that have CIO/CTO backgrounds.

Investors

Microsoft appointed activist shareholder president of ValueAct Capital, a firm that owns $2b of Microsoft Stock.

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