Articles about Ceo

A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

QLogic CEO is out, search for successor underway

QLogic's president and CEO Prasad Rampalli has abruptly left the building to "pursue other opportunities" in the time-honoured euphemism used by company boards when axing a senior exec. Rampalli joined QLogic in February 2014, stepping into the CEO's hot spot months after prior CEO Simon Biddiscome had been released. CFO Jean …
Chris Mellor, 22 Aug 2015
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Danwood CEO Francis exits stage left

The CEO brought in by Danwood’s backers to extinguish the financial flames that resulted from half a decade of systemic mismanagement and dodgy bookkeeping practises, has exited. Steve Francis, the self-proclaimed serial turnaround expert has left the building in far better shape than he found it in October 2012 when the print …
Paul Kunert, 01 Sep 2015
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Imation CEO voted off board in proxy war bombshell

Imation's CEO has been provisionally voted off the company's board, as shareholders supported the activist investor Clinton Group in its view of Imation's alleged leadership failures. This AGM proxy vote result still has to be certified, but that looks a formality. The Clinton Group said Imation's long revenue decline and …
Chris Mellor, 21 May 2015

Imation's CEO races to exit door, grabs $4.8m golden goodbye

Imation CEO Mark Lucas has bowed to the inevitable after losing an activist investor proxy war, and is set to exit the company he failed to turnaround. Lucas became Imation chief in 2009 after predecessor Frank Russomanno outstayed his welcome and drove the company into a loss-making cul de sac through over reliance on tape …
Chris Mellor, 14 Jul 2015
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

ICANN CEO will head off to private equity firm

ICANN CEO Fadi Chehade has announced where he'll be heading after he breaks his contract 10 months early: private equity firm Abry Partners. Chehade surprised the internet community, and threw ICANN in disarray, when he announced in May that he was going to leave early – and, crucially, before ICANN takes over control of the …
Kieren McCarthy, 17 Aug 2015

Georgens out at NetApp – new chairman, interim CEO named

Longtime NetApp executive Tom Georgens has parted ways with the storage outfit, vacating his dual roles as the firm's chairman and chief executive, effective immediately. Stepping up to the CEO chair – at least temporarily – is George Kurian, who most recently had served as the firm's executive veep of product operations. …
Neil McAllister, 01 Jun 2015
New World Computing Inc, King's Bounty

Alternative Networks: CEO retiring, long live...

Alternative Networks will wave goodbye to long-serving CEO Ed Spurrier at the end of this fiscal year in September, with current chief operations man Mark Quartermaine waiting in the wings for the top job. The LSE-listed comms and tech outfit confirmed the succession plans today as it outlined half-year numbers for fiscal 2015, …
Paul Kunert, 03 Jun 2015
hands waving dollar bills in the air

Symantec may flog off Veritas – but where's the CEO hunt at?

Symantec is being pressed to sell its Veritas storage unit to private equity instead of floating it as an independent publicly-owned business, according to reports over the weekend. Symantec intends to split itself into separate security and storage businesses as a way of re-igniting growth for both. CEO Michael Brown will run …
Chris Mellor, 13 Apr 2015
Nissan Leaf

Nissan CEO: Get ready, our auto-wagons will be ready by 2020

Nissan's CEO has said the company is on track to deliver its driverless cars by 2020, although he expects government regulation to be a stumbling block to their usage on public roads. Whether driverless car technology will achieve any sort of road-worthy licensing from different regulators around the world is still a cause for …
Dell chairman and CEO, Michael Dell

Nutanix CEO nixes Cisco buy rumours, swears allegiance to Michael Dell

Nutanix CEO Dheeraj Pandey has nixed rumours of Cisco buying his co-founded hyper-converged server/storage/networking startup. The rumours were started by senior research analyst Jared Rinderer of Equity Capital Research Group. Pandey says Rinderer's analysis is off the mark. Pandey, who has consistently said he wants to take …
Chris Mellor, 19 May 2015
Nokia Lumias. 830 on the left, 930 on the right

Brace yourself, planet Earth, says Nokia CEO – our phones ARE coming back from mid-2016

Nokia's chief exec says he wants to resurrect the Nokia smartmobe brand by licensing the name to cellphone hardware makers next year. CEO Rajeev Suri told Germany's Manager Magazin that Nokia Networks will seek out manufacturers to build Nokia phones from mid-2016, when Microsoft gives up control of the brand name. "We are …
Shaun Nichols, 19 Jun 2015

Company in shambles, marriages ruined. My work here is done, says Ashley Madison CEO

Noel Biderman has quit as chief exec of Avid Life Media, the parent of adultery website Ashley Madison. If you can't think why, or don't know what Ashley Madison is by now, then you must have been living under a rock for the past month – and we'd be grateful if you could let us join you. After hackers ransacked the Ashley …
Team Register, 28 Aug 2015
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
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

Cisco CEO: Let's toss more execs on the employment bonfire

Another bunch of old timers are being swept out of Cisco by incoming CEO Chuck Robbins as he names his new look exec team - which isn’t really that new at all. The current veep of worldwide sales is saying bye to chief globalisation officer Wim Elfrink, chief strategy and tech officer Padmasree Warrior, and Edzard Overbeek, the …
Paul Kunert, 05 Jun 2015
Boxers image via Shutterstock

MariaDB seeks home-grown CEO for Oracle bout

Exclusive MariaDB is going after Oracle in its own back yard with plans for a fresh CEO drawn locally in order to tap funding from A-lister venture capitalists. Patrik Sallner is stepping down as MariaDB Corp’s chief executive for a new job, with the firm’s management now interviewing replacements, The Reg has learned. There are a …
Gavin Clarke, 22 Jul 2015
Fiorina

Apple, Google should give FBI every last drop of user information, says ex-HP CEO and wannabe US prez Carly Fiorina

Former HP CEO and current presidential hopeful Carly Fiorina says Apple and Google should just hand user information over to government investigators. Speaking Thursday at the Republican party's presidential debates, Fiorina said companies should be more willing to cooperate with requests from federal investigators to produce …
Shaun Nichols, 07 Aug 2015
CC, commercial use allowed: "Photograph by Christopher Michel - (https://flic.kr/p/tVNkZj)"

KERR-PAO! Reddit interim CEO Ellen quits amid Redditor revolt

Ellen Pao has resigned as CEO of Reddit following a week of turmoil and controversy over her recent management decisions. "We are thankful for Ellen's many contributions to reddit and the technology industry generally. She brought focus to chaos, recruited a world-class team of executives, and drove growth," wrote reddit board …
Neil McAllister, 10 Jul 2015
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Logicalis: hello world, meet our new CEO

Logicalis has quietly slipped president and chief of operations Mark Rogers into the CEO chair in the hope that he’ll work out better than his predecessor. The long serving exec has actually been acting top dog since spring ’14 but the integrator only confirmed late last week that he’ll be officially sworn in as chief exec from …
Paul Kunert, 24 Feb 2015

Ed Snowden crocked cloud, says VMware CEO Pat Gelsinger

VMworld 2015 Edward Snowden crocked the cloud for everyone, says VMware CEO Pat Gelsinger. Speaking at VMworld 2015 today in San Francisco, Gelsinger said he once assumed that organizations would decide to work with an infrastructure-as-a-service company, a platform-as-a-service supplier, and some software-as-a-service outfits, and then …
Simon Sharwood, 01 Sep 2015
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Lenovo CEO: We will axe 3,200 workers as our profits shrink to nowt

There’s no room for sentiment or emotion in business, as Lenovo showed today when it reported an 80 per cent crash in pre-tax profits and plans to axe 3,200 jobs across the group. Revenues for the three months ended 30 June grew three per cent, excluding the impact of for-ex conversions to $10.7bn – but the firm saw a 47 per …
Paul Kunert, 13 Aug 2015
Audio Bomb

Quorum appoints rock guitarist to play CEO lead

Disaster-Recovery-as-a-Service (DRaaS) start-up Quorum has appointed John Newsom as its fifth CEO – the fifth in the eight years since it was founded. He is a guitarist in a rock tribute band in his spare time, so lets hope his lead as CEO is as good as his rock soloing. Quorum has one-click disaster recovery and hybrid cloud …
Chris Mellor, 24 Mar 2015

Another CEO goes overboard from Jay Z's Tidal music website

The troubled celebrity-backed music-streaming website Tidal has lost another CEO: Norwegian Peter Tonstad has quit after just three months in the job. Tonstad had replaced his former boss Andy Chen in April. One month before that, Tidal's parent company, Aspiro, was bought by a consortium of musicians fronted by rapper Jay Z for …
Kieren McCarthy, 23 Jun 2015
Marc Benioff of Salesforce. Pic: Techcrunch

Benioff's Bulging Benefits: Salesforce CEO handed massive pay cheque

Salesforce.com's chief executive has been handed a massive $39.9m (£25.7m) pay packet, despite objections from a number of major shareholders related to its modest record of profitability. Shareholders narrowly approved the package for Benioff and the six other directors, totalling $81.6m (£53m) in 2015. Dutch pension company …
Kat Hall, 11 Jun 2015

T-Mobile US CEO calls his subscribers thieves, gripes about 'unlimited' limited tethering

T-Mobile US CEO John Legere launched a tirade Sunday over subscribers who make heavy use of tethering on his network. Legere said his company will tell 3,000 customers that they face having their "unlimited" mobile broadband plans cancelled if they don't stop circumventing T-Mob's limits on LTE tethering. Under the T-Mobile …
Shaun Nichols, 31 Aug 2015
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AMD CEO: We're jumping back into cost-cutting mode

AMD has confirmed it is slipping back into cost-cutting mode after its annus horribilis, caused by tanking demand for consumer PCs in a quarter described by CEO Lisa Su as the “revenue trough” for 2015. As the headline figures revealed last night, there was little to cheer up AMD or investors; revenue dropped eight per cent …
Paul Kunert, 17 Jul 2015
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

Barracuda CEO snaps up post on Nimble board

Barracuda’s CEO, “BJ” Jenkins, has joined hybrid disk array leader Nimble Storage’s board. Doesn’t the day job fill his time? He’s also Barracuda’s president, as if he’s not busy enough. A canned quote from him on his move said: "It's an exciting time to be in the storage business as innovation thrives and new industry leaders …
Chris Mellor, 13 Mar 2015

'I am so TIRED of your bullsh*t...' Sprint boss flips lid at T-Mobile US CEO

Sprint CEO Marcelo Claure has had enough of T-Mobile US chief John Legere, and he's told the world about it. The Sprint boss took to Twitter last night and fired off a testy rant calling T-Mobile US "bullshit" and accusing the telco of being "cheap" and "misleading" its customers. The rant came after Legere posted a tweet …
Shaun Nichols, 02 Jul 2015
Panic button

Imation board and CEO get desperate ahead of May 20 AGM

Fearing the worst – that they might get booted off the board in a proxy vote war – Imation's CEO and board have written a second letter to shareholders, appealing for their support in a vote at the company's AGM on May 20. They criticised the Clinton Group and its ideas strongly, declaring: Clinton is seeking to remove three of …
Chris Mellor, 28 Apr 2015
Reinhard Ploss CEO

Infineon CEO admits auto-chip biz may be a takeover target

Former Siemens chip company Infineon may find itself on the shopping list of a bigger semiconductor company, thanks to its strength in automotive. Consolidation and specialisation has been the order of the day in the semiconductor industry, with fewer companies for each type of component. Where once there were a dozen or so …
Simon Rockman, 01 Sep 2015
Google's Sundar Pichai, speaking at Google I/O 2015

W is for WTF: Google CEO quits, new biz Alphabet takes over

+Comment Google CEO Larry Page has quit day-to-day management of the web giant, and made Sundar Pichai chief exec. Page and fellow Google cofounder Sergey Brin, both multibillionaires, will head up a new company called Alphabet, which will wholly own Google. "Sundar has been saying the things I would have said (and sometimes better!) …
Iain Thomson, 10 Aug 2015

Computacenter CEO: Currency headwind? Yep, that hurt alright

For a business, not losing sales ground in these uncertain economic times might be considered something of an achievement in itself. If so, Computacenter bosses will be downing celebratory doubles this morn. In the half year to 30 June, the services-based reseller reported sales of £1.44bn – flat compared with a year ago, but …
Paul Kunert, 28 Aug 2015
Alarm clock

Atlantis Computing CEO stands down

+Comment After just four months as Atlantis Technology CEO and president, Jason Donahue has left, and has been replaced by founder and now ex-chief technology officer Chetan Venkatesh. The company's management page now has Venkatesh listed as chief. Atlantis has RAM-using server and VDI virtualisation software technology products called …
Chris Mellor, 12 Jan 2015
Dial before you dig

Telstra CEO David Thodey retires

The CEO of Australia's dominant telco, Telstra, will step down in May. David Thodey's spent six years in the carrier's big chair, but has "announced his retirement" according to Telstra's canned statement on the matter. That statement also points out that Telstra's market cap and share price have just about doubled during …
Simon Sharwood, 19 Feb 2015

Juniper CEO axed after SALES FAIL: report

When former Juniper CEO Shaygan Kheradpir departed the company in November 2014, the company cited customer negotiations as the reason. Ostensibly voluntary, Kheradpir's departure looked from the outside as if he was pushed rather than jumping. Juniper's statement merely said the board and Kheradpir had “different perspectives” …

Tinder swipes right: eBay suit hooked up as new CEO

Dating app maker Tinder has named its new CEO nearly five months after previous boss Sean Rad revealed to Forbes he had been fired. eBay exec Chris Payne will be chief exec at Tinder, which is based in West Hollywood, California. Rad will retain his 10 per cent stake in the company, and his president title, but day-to-day …
Kieren McCarthy, 20 Mar 2015
Dyson DC37 vacuum cleaners

A Dyson car? Don't rule it out. We're suckers for innovation, says CEO

Dyson's chief executive has hinted at the British technology company's interest in entering the crazy world of automobiles. Known for its vacuum cleaners, hand dryers and digital motors, the company's chief executive hinted at Dyson's interest in cars in an interview with the Telegraph. Announcing its annual financial results …
Pim Dale, Systemax EMEA CEO

Systemax Euro CEO Dale is OUT: Misco man gone by month's end

Systemax EMEA chief exec Pim Dale, the man who once dreamed of fashioning the biggest tech reseller in the region, is out following a run of negative results that were criticised by his bosses. The NYSE-listed outfit, which trades as Misco in Europe, told staff in the UK offices yesterday about his departure, and that outgoing …
Paul Kunert, 18 Jun 2015
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Hauling DRaaS: Unitrends CEO off to consulting job

+Comment Virtual server backup and Disaster Recovery as a Service (DRaaS) startup Unitrends has lost one CEO and hired a new one. Mike Coney, CEO since November 2009, has been thanked for his valued service and Unitrends wishes him well in his next endeavour. Coney now describes himself as a CEO consultant. This CEO change follows on …
Chris Mellor, 09 Jan 2015
rentboy.com warning screen

'Web brothel' CEO, staff cuffed on prostitution rap – clue: the website is called Rentboy.com

The New York City offices of Rentboy.com were raided by US federal agents on Tuesday – and several staff arrested including the chief exec. The website claims to be the world's largest online directory of male escorts. In an affidavit [NSFW PDF] filed in a Brooklyn court ahead of the swoop, US Department of Homeland Security …
Shaun Nichols, 26 Aug 2015
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If new NetApp CEO George Kurian has a plan it's under his hat

Newly-appointed NetApp CEO George Kurian today made his first appearance before the press outside the USA and hinted at the directions in which he plans to take the company. At a media lunch in Sydney, Kurian stuck closely to the script he's followed since hopping into the big chair: the rise of cloud means revenue falls are …
Simon Sharwood, 25 Aug 2015

Citrix CEO retires as activist investor Elliott snatches the wheel

Citrix chief exec Mark Templeton has said he will retire, as activist investor Elliott Management takes a larger role in the company. Templeton joined Citrix in 1995 and has served as its CEO since 2001. But hedge fund Elliott has been among the most vocal in calling for change following what it describes as years of …
Neil McAllister, 29 Jul 2015
Symantec CEO Michael Brown

Symantec's CEO search ends where it started, with Michael Brown

After a six-month search, Symantec has finally named its new permanent CEO – and it's none other than Michael Brown, the man the company's board named as interim CEO in March. Brown reportedly emerged as the front-runner during a review of more than 100 potential candidates, 30 of whom were "actively vetted" for the chief exec …
Neil McAllister, 25 Sep 2014
£10 notes. Pic: Howard Lake

OMG, our merger is working, LOL – Dixons Carphone CEO

The merger seems to be working out for Dixons Carphone — both sales and profits are up, according to a trading update for Q4 and fiscal 2015. The company said like-for-like group revenue for the 17 weeks ended 2 May was up six per cent; rising 13 per cent in the UK and Ireland; up one per cent in the Nordics; up eight per cent …
Simon Rockman, 03 Jun 2015
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404 Boss not found — Bye bye ICANN CEO Chehade

ICANN CEO Fadi Chehade has surprised the internet community by announcing he will step down from the job after just three years in the post. In an announcement on the domain name overlord's website, the organization said that Chehade has "informed the Board he will be concluding his tenure in March 2016 to move into a new career …
Kieren McCarthy, 21 May 2015
Cisco CEO John Chambers speaking at Cisco Live! 2014

Cisco CEO John Chambers' parting gift: a better-than-expected Q3

Outgoing Cisco boss John Chambers is smiling after delivering an April quarter that's 5.1 per cent up over the April 2014 quarter in turnover and 11.7 per cent up in profit. The result would have been even better, but for ongoing weakness in the service provider market (down 7 per cent). The enterprise, public sector and …

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

Coms CEO: Sorry about accidentally buying 20k shares, I'm off

The chief of Coms Plc appeared to be close to the exit following his public spat with the rest of the board last week. Sure enough, the company today confirmed he’s stepped down. David Breith, CEO at the London-listed buy and build B2B comms outfit, called a general meeting to replace his board last Wednesday. Later on during …
Paul Kunert, 02 Mar 2015
IBM Logo 2014

Ex-IBM CEO John Akers dies at 79

Obituary Former IBM CEO John Akers has died in Boston aged 79. Big Blue announced Akers' passing here, due to a stroke according to Bloomberg. After a stint as a US Navy pilot, the IBM obit states, Akers joined the company in 1960. His 33-year stint with IBM culminated in his appointment as its sixth CEO in 1985, following three years …