Symantec CFO Joins McKesson
McKesson named James A. Beer, 50, as EVP and CFO. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff C. Campbell, who left the company in June 2013 to become CFO of American Express. Beer comes to McKesson from Symantec where he served as EVP and CFO managing the worldwide finance organization with responsibility for accounting, financial planning and analysis, treasury, tax, investor relations, corporate development, purchasing, and audit.
Electronic Arts Promotes Sports Head as CEO
Electronic Arts has named its Sports head Andrew Wilson, 39, as CEO and a director of the Company. Wilson has served as EVP, EA SPORTS and Origin, EA’s consumer platform for downloading digital games. Before that, he served as SVP, EA SPORTS; SVP, Global Online and VP, EA SPORTS. Wilson has held various positions within the Company since joining the Company in Australia in year 2000, also working in Asia and Europe.
VMware Hires Recently Resigned Microsoft CIO in Same Position
Tony Scott, who recently left Microsoft, is joining VMware as SVP and CIO. Scott will manage VMware's corporate IT organization, a division of the firm that manages its critical systems and worldwide business operations. In Microsoft, Scott managed the internal IT operations for the past five years, leaving in June this year. Scott was hired by Microsoft in 2008, taking over for Stuart Scott.
Microsoft CEO to Retire in Next Twelve Months
Microsoft’s long-time CEO Steve Ballmer, 57, has decided to retire within the next twelve months. He will depart after a successor has been chosen. The company's board has appointed a special committee—including Chairman Bill Gates—that will consider both external and internal candidates. The search committee will be chaired by lead independent board director John Thompson. Before becoming CEO in 2000, Ballmer’s roles at Microsoft included SVP of sales and support, SVP of systems software and VP of marketing.
HP Shakes Up Enterprise Group and Marketing/Communications Leadership
Bill Veghte, 46, HP's COO, will become EVP and General Manager of the HP Enterprise Group, a role that will now include responsibility for the coordinated development of the company's portfolio of cloud solutions. Veghte is a proven technology executive with a wide range of experiences leading sales, services, marketing and engineering at scale. During his tenure at HP, he has run HP Software, held the responsibility of chief strategy officer and, over the last 15 months, served as HP's COO. Veghte will retain his current responsibility for the pan-HP cloud initiative. There are currently no immediate plans to select a new COO after Veghte transitions to his new role.
Yahoo! Appoints Interim Chair and Former eBay COO as Permanent Board Chairman
Yahoo's has named its interim chair Maynard Webb Jr, 58, as new chairman of its board of directors. Webb has been a member of the Yahoo board since early 2012, and was appointed interim chairman earlier this year, replacing outgoing chairman Fred Amoroso.
Symantec Adds New Leaders to Senior Executive Team
Symantec has recently appointed new members to its senior executive team who bring in deep expertise in areas spanning security, cloud, end-user sensibility and customer experience. New Chief Marketing Officer Manny Kostas joins from Polycom, where he led the Worldwide Product and Program Management organization, after more than two decades in senior leadership roles with HP. In his role as SVP of marketing and strategy for HP, Manny led their printing and web services business with market leadership in every category.
SAP Co-CEO to Step Down From Role and Join Supervisory Board
SAP co-CEO Jim Hagemann Snabe, 48, will move from executive board to supervisory board next year, leaving American co-CEO Bill McDermott, 50, as sole chief. In 2010, Snabe and McDermott took over as SAP's leaders from long-time CEO Leo Apotheker. Snabe has been an executive board member for five years.
Microsoft Realigns to Enable Innovation at Greater Speed
Microsoft has made a major overhaul at the company to bring all divisions under one united strategy. The changes include senior management moving into new roles. To embrace the new strategy, Microsoft will now be organized by function: Engineering (including OS, Apps, Cloud, and Devices), Marketing, Business Development and Evangelism, Advanced Strategy and Research, Finance, HR, Legal and COO. The new teams and their leaders are...
Microsoft CIO Leaves to Focus on 'personal projects'
Tony Scott, who as CIO managed Microsoft's internal IT operations for the past five years, is leaving the company to focus on 'personal projects'. Jim Dubois, VP of IT product and services management, is serving as interim CIO, while the company searches for his replacement within and outside of the company.
Salesforce Names Former Oracle Exec as President and Vice Chair
Salesforce.com has appointed Keith Block, 50, as President and Vice Chairman, leading the company's global sales, customer support and consulting services organizations. In addition, Block has been appointed to salesforce.com's Board of Directors. Block has led winning sales, consulting and engineering teams for nearly 30 years. In his most recent role as Oracle's EVP of North America Sales & Consulting, Block led an 11,000-person team and built a multi-billion dollar sales business unit that achieved record revenue growth and margin expansion over the span of 10 years. He quit the company in 2012.
Microsoft Names New CFO From Within Ranks
Microsoft has named Amy Hood, 41 as its first woman CFO, replacing Peter Klein, 49, who will be leaving the company. Hood joined Microsoft in 2002 and currently serves as CFO of Microsoft's Business Division (MBD), overseeing all financial strategy, management and reporting. During her time as CFO of MBD, Hood was also deeply involved in the strategy development and overall execution of the company's successful acquisitions of Skype and Yammer. Previously, Hood served as chief of staff in the Server and Tools group, then ran the strategy and business development team in MBD before becoming CFO of the division in 2010. Before joining Microsoft as a part of the investor relations group, she worked at Goldman Sachs in various roles including investment banking and capital markets groups.
Intel Names Current COO as CEO and Software and Services Head as President
Intel’s COO Brian Krzanich, 52, a company veteran of nearly 30 years, will assume the CEO role replacing Paul Otellini, who is retiring. Krzanich has progressed through a series of technical and leadership roles at Intel, most recently serving as the COO since January 2012. Prior to becoming COO, Krzanich held senior leadership positions within Intel's manufacturing organization. He was responsible for Fab/Sort Manufacturing from 2007-2011 and Assembly and Test from 2003 to 2007. From 2001 to 2003, he was responsible for the implementation of the 0.13-micron logic process technology across Intel's global factory network. From 1997 to 2001, Krzanich served as the Fab 17 plant manager, where he oversaw the integration of Digital Equipment Corporation's semiconductor manufacturing operations into Intel's manufacturing network. Prior to this role, Krzanich held plant and manufacturing manager roles at multiple Intel factories. Krzanich began his career at Intel in 1982 in New Mexico as a process engineer.
Yahoo! Chair Steps Down after Serving for a Year
Yahoo Chairman Fred Amoroso, 62, is resigning. Amoroso will be replaced in the chairman role by director Maynard Webb Jr, 58, on an interim basis. Amoroso, a former IBM executive, will remain on the board of directors until the annual shareholder meeting in June. Amoroso had informed the Yahoo board when he became chairman in May 2012 that he intended to serve only one year "in order to help Yahoo during a critical time of transformation." He is the former CEO of digital entertainment company Rovi, and joined Yahoo's board in February 2012. Among other positions, he had previously served as the President, CEO and Vice Chairman of META Group, the President and CEO of CrossWorlds Software, and as GM and a member of the world-wide management committee of IBM.