Articles about Board Of Directors

David Cameron, Prime Minister, meets Ren Zhengfei, founder and CEO of Huawei Technologies, in Downing Street, 11th September, 2012.

Huawei Browne-noses UK after hiring ex-BP peer for its board

Chinese telecom giant Huawei has appointed ex-BP chief exec Lord Browne to head up its UK board of directors. The company has repeatedly rejected concerns that Huawei has too much control over Blighty's critical infrastructure and communications systems, based on claims that its chairman (and erstwhile member of the People's …
Kelly Fiveash, 16 Feb 2015
Olga Madruga-Forti

Another ICANN Board member resigns

ICANN has seen its second Board member resign in less than a year. Olga Madruga-Forti has quit the coveted role on the last day of the domain oversight organization’s meeting in Los Angeles, raising questions about the culture inside the notoriously secretive group. The organization has provided no details, putting out a …
Kieren McCarthy, 16 Oct 2014
Apple Contact Hero shot

Financial wizardess joins Apple board, air of coolness noticeably diminishes

The founder of investment fund BlackRock has joined the Apple board of directors, perhaps giving a tantalising clue to the fruity firm's interest in entering the financial services arena. Susan L Wagner, founding partner and director of BlackRock, has replaced Bill Campbell, who was the longest-serving member of the board and …
Jasper Hamill, 18 Jul 2014
Ciscoblood

Benioff bails from Borg Board

Salesforce.com CEO Marc Benioff has decided not to stand for re-election to Cisco's Board of Directors at the company's November annual general meeting. Cisco filed the paperwork to make it happen last Firday, and issued a statement attributed to its own CEO John Chambers to cement the departure. Chambers' statement is as …
Simon Sharwood, 15 Sep 2014
Microsoft campus

Shift up, Ballmer: Microsoft expands board, makes room for activist investor

Microsoft has appointed activist investor Mason Morfit to its board after his investment firm ValueAct Capital agitated for a greater say on how the company is run. ValueAct bought a $2bn stake in the software firm last April and immediately started to campaign for change at the company. By August, Microsoft had capitulated, …
Don Basile

What is Violin Memory's sacked CEO still doing on their board?

Comment Don Basile, the terminated CEO of Violin Memory, still sits on Violin's board of directors. Unlike Dixon Doll who resigned from his COO position and vacated the board as well, Basile has decided not to resign from the board. A Violin statement said: "Violin can confirm that Don Basile is still on the board.” According to …
Chris Mellor, 09 Jan 2014
Nokia Lumia 610

Microsoft adds wireless industry legend John Stanton to its board

Microsoft has added some mobile expertise to its board of directors, signing up wireless pioneer John Stanton, the former chairman of broadband firm Clearwire. Redmond chief Satya Nadella made it clear in his chat about the firm’s full year results earlier this month that Microsoft wants to be “mobile first, cloud first” under …
Satya Nadella

Nadella's Karmagate howler was response to MICROSOFT BOARD DIRECTOR – report

Satya Nadalla’s Karmagate will spark an examination at the highest levels within Microsoft of women’s pay and its corporate culture. That’s according to computer scientist Maria Klawe, the person whose softball questioning of Microsoft’s CEO at a women-in-tech event saw Nadella land himself in hot water last week. Klawe is …
Gavin Clarke, 13 Oct 2014
Kim Stevenson

Intel CIO jumps onto Cloudera's board, scattering cash

Intel chief information officer Kim Stevenson has joined the Board of Directors of Hadoop company Cloudera, bringing with her vast amounts of money. The Hadoop company announced the appointment on Monday, noting that Intel recently gave it an eye-watering $740m in funding as part of a $900m financing round that was announced in …
Jack Clark, 02 Jun 2014
Photo by Mike Mozart

Comcast accused of torpedoing Hulu sale to rivals with weapon of mass transactions

Comcast allegedly talked its fellow Hulu investors out of selling the TV streaming upstart to DirecTV or AT&T by insisting it could steer the web biz to financial triumph. That's a serious accusation because Comcast had agreed with the FCC and US Department of Justice to keep its hands off the management of Hulu. In the end, …
Shaun Nichols, 22 Apr 2015
Violinist

Violin Memory fiddles with board, adds new director – music to Clinton Group's ears?

Violin Memory has announced a new board director and expanded the board from seven to eight seats to do so. The Clinton Group, the activist investor that's been yelling at Violin to sell itself, is now on-board and on-message. The new director is Vic Mahadevan, the ex-NetApp chief strategy officer. The canned quotes are full of …
Chris Mellor, 14 Apr 2014
Steve Ballmer

Ballmer intends to remain on Microsoft board after end of CEO gig

Steve Ballmer may be stepping down as CEO of Microsoft, but he's not planning to let go of the reins in Redmond completely, if a recent filing with the US Securities and Exchange Commission is any indication. In Microsoft's 2013 proxy statement, filed with the SEC on Thursday, the company's board of directors gave its …
Neil McAllister, 04 Oct 2013

Microsoft cedes board seat to activist investor

Just a week after Microsoft chief Steve Ballmer announced plans for his retirement Redmond has offered activist shareholder ValueAct Capital a seat on the Microsoft board. Redmond announced the "cooperation agreement" in the late hours of Friday afternoon in San Francisco before the Labor Day three day weekend, which is an ideal …
Jack Clark, 31 Aug 2013

Ballmer leaves Microsoft board to spend more time with his b-balls

Former Microsoft CEO Steve Ballmer is today stepping down from the Windows giant's board of directors – just six months after he was succeeded by incoming chief exec Satya Nadella. Ballmer announced his retirement in August last year, but remained at the helm until Nadella took over in February. Shy-and-retiring Ballmer also …
Chris Williams, 19 Aug 2014
cloud

Gasp! Facebook's hardware king joins board of ARM server biz Calxeda

Facebook's head of hardware design and supply chain operations has joined the board of directors of Calxeda, a company that specializes in building servers out of ARM processors. The strategic appointment was announced on Thursday and will see the man in charge of one of the biggest buyers of modern chips, and leader of the " …
Jack Clark, 18 Oct 2013
Exit sign. Pic:  Lukas Kästner

Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …
Bitcoin bloodbath

MtGox MELTDOWN: Quits Bitcoin Foundation board, deletes Twitter

Embattled Bitcoin exchange MtGox has taken steps to withdraw itself from the wider Bitcoin community, having resigned its seat on the Bitcoin Foundation board and reduced its presence in social media. "Effective immediately, Mt. Gox has submitted their resignation from the board of directors," the Bitcoin Foundation's Jon …
Neil McAllister, 25 Feb 2014
Toshiba

Toshiba CEO and execs quit over $1.2bn six-year accounting scandal

Toshiba CEO Hisao Tanaka and seven other bigwigs have quit after a probe concluded profit figures had been inflated beyond their real values. The Japanese electronics giant said in a brief statement [PDF] today that $1.2bn (£770m, 151.8bn yen) was incorrectly added to Toshiba's income-before-tax figures in the 2008 to 2014 …
Shaun Nichols, 21 Jul 2015

Dear diary. Gotta axe 15% of staff, it's like I'm cracking up – Qualcomm

Mobile chipmaker Qualcomm says it's putting its business under the microscope with an eye to restructuring after posting lackluster third-quarter results, including revenue that missed estimates. "We are making fundamental changes to position Qualcomm for improved execution, financial and operating performance," Qualcomm CEO …
Neil McAllister, 22 Jul 2015
Microsoft cheif software architect Ray Ozzie

Ex-Microsoftie software hotshot Ozzie joins HP board

HP needs to understand consumers better and build a software business as well, so it has added three more board members to help CEO Meg Whitman's ongoing turnaround of the IT giant. Ray Ozzie, of Lotus and Microsoft fame, is no doubt the most important addition, but given the experience of two other new board members running …
Violins

Oh Jeez, not now! Activist investor threatens Violin Memory

Violin Memory’s board is under attack from the Clinton Group, an activist investor wanting to have talks about “a number of topics germane to creating shareholder value”, meaning an asset or company sale. Apparently it’s been a shareholder for almost two years and has been pushing for talks for some time. Violin’s board has …
Chris Mellor, 31 Jul 2015
Orange Credit Card

Bank of England: What's all this then, CHAPS? Review to get a grip on IT cockup

The Bank of England has opened an investigation into the IT failure of its bank-to-bank payment processing system, which handles £277bn a day. Last month the bank's Clearing House Automated Payments System (CHAPS) was temporarily suspended. This was due to "technical issue related to some routine maintenance" on its Real Time …
Kat Hall, 25 Nov 2014
Twitter for Mac New

Only good thing about Twitter CEO storm: 140 character limit gone

Twitter CEO Dick Costolo will leave the San Francisco-headquartered social network within days. Shares in Twitter soared nearly eight per cent on the news. The microblogging site said in a SEC filing, published in the past few minutes, that Costolo will leave as chief exec on July 1 and be replaced by Twitter cofounder Jack …
Shaun Nichols, 11 Jun 2015

Internet kingmakers drop ego, devise future of DNS, IP addys etc

Five months after the release of a bloated, ego–driven mess of a plan to shift control of the top level of the internet from the US government to the internet community, a greatly improved version 2.0 has been offered for public comment. The 90–page Response to the IANA Stewardship Transition Coordination Group Request for …
Kieren McCarthy, 24 Apr 2015
The Register breaking news

Sheryl Sandberg finally adds woman's touch to Facebook board

Mark Zuckerberg's right-hand woman, Sheryl Sandberg, has joined Facebook's no-longer-male-only board of directors. The Google alumnus, who was brought in by Zuck in 2008 to beef up the social network's advertising prowess, has been the company's chief operating officer for four years. The company's number two was finally plonked …
Kelly Fiveash, 26 Jun 2012

Stroppy investor tries to rip 'n' replace STEC's entire board

It's a proxy war: activist investor Balch Hill wants to bounce troubled SSD supplier STEC's board - which includes its CEO and its founder - and populate the boardroom with seven of its own nominees. STEC is the former leading enterprise SSD supplier which has fallen on hard times and is now partway through a strategic direction …
Chris Mellor, 13 Feb 2013
Crypto fingers

Westpac buys stake in Canberra crypto king QuintessenceLabs

Australian banking goliath Westpac will become a substantial stakeholder in Canberra based QuintessenceLabs (QLabs) and use outfit's quantum key distribution technology for its internal infrastructure. QLabs commercialises research from the Australian National University to produce quantum key distribution (QKD) and random key …
Darren Pauli, 16 Jun 2015
HP CEO Meg Whitman

HP CEO Meg Whitman dons TRIPLE CROWN of POWER

HP CEO and president Meg Whitman has consolidated power at the top of the corporation by taking on the role of chairman as well. The manoeuvring comes days after HP confirmed that Ralph Whitworth is to step down due to health concerns, the exact nature of which were not revealed. Whitman joined HP's board at the start of 2011 …
Paul Kunert, 18 Jul 2014
Microsoft CEO Satya Nadella

Microsoft shareholders approve of CEO Satya Nadella's MASSIVE PACKAGE

A revolt by shareholders at Microsoft's annual general meeting over CEO Satya Nadella wages failed to materialize today – and his executive pay package was approved. Company advisory firm Institutional Shareholder Services said it had significant concerns over the size of Nadella's package, which it estimated was worth over $90m …
Iain Thomson, 03 Dec 2014
The Register breaking news

'Strong basis' to claims Nominet board breached duties - legal top gun

Directors of UK domain-name registry Nominet have come under fire from a group of Nominet members who have also threatened to take legal action against the board. The group commissioned a legal opinion in connection to claims that certain recommended changes to the non-profit's governance had been deleted from an "independent" …

Disney CEO: Dead Steve Jobs choc-blocked me!

Disney CEO Bob Iger would be helping to guide Google these days, were it not for one Steven P. Jobs. The mouseketeer-in-chief said Apple cofounder Steve Jobs convinced him not to take a spot on Google's board a few years ago, citing the ongoing conflict between Apple and the Chocolate Factory. In the new biography Becoming …
Shaun Nichols, 13 Mar 2015
Yelp search

Yelp whelps yelp 'Help!' Chairman ejects, shares plunge 30%, losses grow

Yelp is in full crisis mode as the upstart's chairman is out – and its stock continues to free fall. The reviews website, headquartered in San Francisco's startup land, announced on Wednesday that a modest $2.7m profit in the second quarter of 2014 had turned into a loss of $1.3m in the second quarter of 2015. This is despite …
Shaun Nichols, 29 Jul 2015
Divorce

Parting is such sweet sorrow: eBay sells fat stake in Shakespeare-crazed Craigslist

Web tat bazaar eBay is selling its 28.4 per cent stake in Craigslist, and is dropping its legal action against the classified ads site. eBay bought its stake in Craigslist back in 2004 for $32m. It was an odd move – Craigslist is a very strange company by eBay's standards, deliberately keeping revenues low due to the personal …
Iain Thomson, 19 Jun 2015

You can secretly snoop on someone if they butt-dial you – US judges

A US court of appeals has ruled that phone calls started by accident in your pocket – so-called butt dialing – can be lawfully recorded. The Ohio Sixth Circuit appeals court found in favor [PDF] of a woman who recorded the conversations of a colleague who had unknowingly dialed her number before entering a meeting. James …
Shaun Nichols, 22 Jul 2015
The Register breaking news

ICANN prez calls out own board over conflicts of interest

The board of directors of internet overseer ICANN is said to be fuming after its ethics were called into question by the organisation's outgoing president and CEO. Rod Beckstrom, who is set to the leave the domain name policy group in July, took to the stage at ICANN's public meeting here in San Jose, Costa Rica on Monday to …
Kevin Murphy, 19 Mar 2012
HP

HP chairman Ralph Whitworth steps down immediately

HP is losing the man who has chaired its board of directors for the past two and a half years, over health concerns. The IT titan said Ralph Whitworth, 58, will be stepping down from the chairman position effective tomorrow in order to focus on his wellbeing. Further details on Whitworth's condition were not given by the company …
Shaun Nichols, 15 Jul 2014
The Register breaking news

Apple's Cue gets parking space on Ferrari board

Eddy Cue, Apple’s Mr Fixit - he was recently tasked with putting the firm’s Maps app and Siri on track - and head of Cupertino’s iTunes operation, has won a place on Ferrari’s board of directors. Cue has been a Ferrari customer for five years, he said, adding: “I continue to be awed by the world-class design and engineering that …
Tony Smith, 08 Nov 2012
management regulation2

HP's $3 BEELLLION Aruba buy ‘significantly undervalues’ wireless operator

Hewlett-Packard’s proposed $3 billion purchase of wireless mobile specialist Aruba Networks is facing a legal hurdle. A case has been filed in a US court against HP, Aruba, its management and board members claiming HP’s price drastically undervalues the firm. The case (5:15-cv-01502) claims the proposed deal is unfair, because …
Gavin Clarke, 20 Apr 2015

Big changes proposed to DNS overseer ICANN

Domain name overseer ICANN is likely to go through a radical reorganization if it wants to be given more control of critical internet functions, currently run under contract from the US government. Two recent papers - one from independent legal experts hired by a group looking into the contract's transitioning, and a second from …
Kieren McCarthy, 03 Apr 2015
Node Knockout code

It's about forking time: Node.js, io.js to mend differences, remerge

The Node.js open source project and its fork, io.js, have decided to kiss and make up, with the aid and support of the Linux Foundation. Node.js is an open-source, OS-agnostic runtime environment that allows developers to write server-side web applications using JavaScript. Several prominent Node.js developers forked its code …
Neil McAllister, 15 Jun 2015
The Register breaking news

Murdoch junior QUITS board of Sun publisher

James Murdoch has sensationally resigned from News Group Newspapers' board of directors, thereby seemingly turning his back on News International's remaining British publications: The Sun, The Times and the Sunday Times. A filing at Companies House, first spotted by the Evening Standard, revealed that Murdoch quietly resigned …
Kelly Fiveash, 23 Nov 2011
Dell chairman and CEO, Michael Dell

Fund manager says Dell board has no skin in the buyout game

Southeastern Asset Management (SAM), the largest shareholder of Dell outside of the company's founder, Michael Dell, is complaining about the leveraged buyout deal that was announced a month ago. And the special committee of Dell's board members has fired back, saying that the deal is fair and so is the process that is being …
Glorious future of China

'Private' biz Xiaomi sets up Communist Party exec committee

Xiaomi has formed its own internal Communist Party committee, raising eyebrows amongst those expecting less state involvement in the nation's burgeoning technology sector. The newly-launched Hong Kong Free Press reports that state-owned companies in China, including "schools, hospitals, and other public organisations, are …
GoPro HD Hero

Former Microsoft exec Bates bounces to GoPro

Portable video camera maker GoPro has made former Microsoft executive Tony Bates its president in the run up to its IPO. The onetime Microsoft exec will report directly to GoPro's chief executive Nicholas Woodman, GoPro announced on Wednesday. The firm filed with US regulators in late May to raise as much as $111m in an IPO. …
Jack Clark, 04 Jun 2014
rage meme

Reddit scrubs up: Child abuse? Gone. Drugs? Cool. RACISM? FINE

Freeloading commentblurt site Reddit is to implement a limited scrub-off of some of its more noxious communities - but others will stay. Reddit CEO Steve Huffman said the message-board website he cofounded will crack down on harassment, threats, and posts that break the law. Under the new regime, spam, child-abuse imagery, …
Shaun Nichols, 17 Jul 2015
Angry old man

More SAP-sipping orgs fancy a date with HANA – if only they had the time and money

Interest in SAP’s HANA in-memory database is slowly growing, but deployments are hampered by the age-old problems of time and money. Two-thirds of 120 organizations running SAP have rolled out or plan to deploy HANA, according to a survey by the UK and Ireland SAP User Group, which shared its figures with The Register today. The …
Gavin Clarke, 22 Apr 2015
Stradivarius violin reproduction

Violin Memory axes 100 staff, mulls fate of PCIe flash card biz

Violin Memory is laying off staff and hopes to sell its PCIe flash card business as new-broom CEO Kevin DeNuccio tries to get the storage biz profitable. DeNuccio is dismantling the excesses of the Basile era of Violin Memory and retrenching and refocussing the business on its core market: all-flash arrays. The strategic …
Chris Mellor, 21 Feb 2014

I see you have the gTLD that goes .ping!

The company behind Ping golf clubs and owner of ping.com has paid domain name overseer ICANN $1.5m for the rights to the top-level domain .ping. The auction pitched it against one other applicant (general registry company Radix) and also included a second internet extension, .srl, which went for $400,000. The suffix "SRL" is …
Kieren McCarthy, 26 Mar 2015
Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said in …
Neil McAllister, 18 Sep 2014

Back off – it is ILLEGAL to make us accountable, claim ICANN lawyers

A row has blown up at global domain-name overseer ICANN, after the group looking into improving the corporation's accountability was told many of its ideas were illegal. At issue is the power of the board versus the power of ICANN's members – should the board always have the power to overrule its membership? It's proposed that …
Kieren McCarthy, 10 Feb 2015