Articles about Chief Exec

Ofcom chief Ed Richards

Ofcom chief exec Ed Richards to step down in December

Ofcom’s board has announced that Ed Richards is standing down as chief executive from the end of December this year. Richards gave no reason in the official statement for his decision, saying only that the time had come. "It has been a privilege to lead Ofcom during such an exciting and dynamic period in the evolution of the UK …
Whitehall road sign. Sgt Tom Robinson RLC/Crown copyright

Former GDS chief Mike Bracken joins Crystal Methodist's old firm

Outgoing head of the Government Digital Service Mike Bracken is to join the troubled Co-operative Group, in the newly created role of chief digital officer. Bracken will be responsible for the retailer's digital content and strategy. Last year Bracken drew a salary of between £155,000 and £159,999 at the GDS. A spokesman from …
Kat Hall, 06 Aug 2015
HTC One XL

HTC reveals recently embiggened Wang as thrusting new chief

Taiwanese phone-maker HTC has named co-founder Cher Wang as its next CEO. Wang will replace outgoing chief exec Peter Chou, who will take a "strategic new role" at the company as head of the HTC Future Development Lab. Chou joined HTC when it was founded 18 years ago and was promoted to president in 2004. The company said Chou …
Kat Hall, 20 Mar 2015

Microsoft shunts top exec Julie Larson-Green sideways to make way for Stephen Elop

Top Windows exec Julie Larson-Green is moving sideways through Microsoft into a new job in the search and services business. Larson-Green had been running devices at Redmond, a job which is due to be handed over to former Nokia chief exec Stephen Elop once Microsoft has completed its acquisition of the Finnish firm's mobile- …
HTC Salsa

HTC chief exec to focus on designing new mobes, sticks Wang in sales etc

HTC's chief executive has delegated some of his operational duties to his company's chairwoman and co-founder so he can concentrate on reviving the firm's smartphone business. CEO Peter Chou is stepping back from some of his tasks in sales, marketing and supplier relationships so that he can focus on product development, the …
BlackBerry Messenger (BBM)

'The Sims' takes reins of BlackBerry Messenger as old chief Bocking departs

The executive formerly in charge of BlackBerry's BlackBerry Messenger (BBM) division has left the company, casting uncertainty on the Canadian firm's plans for its mobile messaging service. As first reported by tech website BGR, Andrew Bocking, a longtime BlackBerry veteran who had served as executive VP in charge of BBM, has …
Neil McAllister, 10 Feb 2014

'Abel, you're fired!' Hear AOL supremo axe exec during conference call

Audio AOL boss Tim Armstrong appears to have axed a senior exec on the spot for pointing a camera at him during a conference call with about 1,000 Patch website staff. While in the middle of threatening the troubled hyperlocal news network with redundancies, Armstrong suddenly turned to Patch's creative director Abel Lenz and let him …
Kelly Fiveash, 13 Aug 2013

Apple splashes dough to keep Big Cheese safe

Apple spends $699,133 every year to keep chief exec Tim Cook safe, far, far higher than his modest life insurance premium of $2,500, according to an official document. The big figure isn't broken down and comes from a proxy statement filed with the Securities and Exchange Commission. This amount represents: (i) the Company’s …
John Leyden, 10 Aug 2015
channel

RM chief exec Sweeney steps down

RM chief Terry Sweeney is stepping down amid a company-wide restructure after 13 years of service at the education supplier. The LSE-listed firm is flogging parts of the operation, with the trade and assets of US arm Computrac – a classroom products biz – to be offloaded to Troxell Communications for £3m. The remaining software …
Paul Kunert, 25 Oct 2011
Exit sign. Pic:  Lukas Kästner

HP's split surgeon Bill Veghte splits from HP

Bill Veghte, the HP exec who since October has led the company's effort to split into two separate businesses, is parting ways with the firm. "The decision to leave a company and people you are passionate about is never an easy one," Veghte said in a statement. "It has been a privilege working with Meg [Whitman, HP CEO] and a …
Neil McAllister, 30 Jun 2015

New BT chief gets keys to copper-encrusted door next month

BT's incoming chief exec Gavin Patterson will formally take the reins on 10 September, the telecoms giant confirmed to the City this morning. He will replace current boss Ian Livingston, who surprisingly resigned from his job in June after Prime Minister David Cameron poached him for a front-bench trade and investment role in …
Kelly Fiveash, 20 Aug 2013
B&N Nook SimpleTouch with Glowlight

Barnes & Noble chief walks as Nook ereader stumbles

Barnes & Noble chief exec William Lynch is resigning his post as sales at the firm's bookstores continue to plunge and the Nook ebook reader fails to revive B&N's fortunes. In a flurry of shuffling, the bookstore chain announced that Lynch was leaving the chief's chair after three years. At the same time the firm said that …
The Register breaking news

Nominet sacks freshly-hired exec implicated in hospital 'cover-up' scandal

Nominet has sacked its chief commercial officer Jill Finney after just a few months in the post as an alleged cover-up about mother and baby deaths in the National Health Service began to unravel. Finney, who had been deputy chief at health watchdog the Care Quality Commission (CQC), joined the the UK's domain name registry in …
Kelly Fiveash, 21 Jun 2013

Time Warner CFO Artie Minson quits to join babble-filled upstart

Time Warner Cable's chief financial officer, Arthur Minson, is stepping down just a few days after after Charter Communications agreed to merge with his employers for $78.7bn in cash and shares. "Artie" Minson will join WeWork, a start-up platform which describes itself as "the platform for creators. We provide everything you …
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 email sign. Pic: @mattw1lson, Twitter

NSA-resistant email service Lavaboom goes BOOM! (we think)

Snowden-inspired crypto-email service Lavaboom has apparently gone titsup, according to several net sources. Rumours that the German encrypted mail service was no more surfaced through an ex contractor Piotr on the blog of rival ProtonMail, before getting picked up and discussed on Reddit. Attempts by El Reg to reach the firm …
John Leyden, 18 Aug 2015
management management4

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
channel_teaser_exit

Chief leaves Brit IT giant Phoenix after just 15 months

Phoenix IT Group chief exec Dave Courtley has quit the firm after less than 15 months in the role, the LSE-listed IT services company confirmed this morning. The former Fujitsu Services bigwig rocked up at Northampton-based Phoenix in July 2011 replacing long-serving boss Nick Robinson, who stepped down after 18 years at the …
Paul Kunert, 04 Oct 2012

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

Roar of the Dragon: Revenue up by nearly half at Alibaba as it expands into Silicon Valley

Revenue soared by 45 per cent at Chinese e-commerce and tat bazaar giant Alibaba to 17.43bn yuan (£1.8bn) for its first quarter, compared with the same period last year. However, overall net income fell by 49 per cent to $463m (£300m) as the company made significant share-based compensation payouts to investors and employees …
Kat Hall, 08 May 2015
Dunce

Symantec fires CEO Steve Bennett: To lose 1 chief is unfortunate, to lose 2 is OK, apparently

Symantec has fired its second CEO in two years: the company's chief exec, president and former board chairman Steve Bennett was today shown the door after less than 18 months on the job. "We recognize Steve's contributions to Symantec, including developing and leading a series of successful initiatives focused on organizational …
Iain Thomson, 20 Mar 2014
The Register breaking news

Panda Security axes jobs, gets new chief exec

Spanish anti-virus firm Panda Security has announced plans to cut its workforce in response to a sustained drop in sales. Panda, which employs 1,000 worldwide as part of either its core business or in local franchises, plans to lay off 120 (or around 35 per cent) of its workforce at its headquarters in Bilbao. A further eight …
John Leyden, 26 Sep 2011
Lenticular Cloud

General Electric: Come here, cloud, and get in my IoT belly

US conglomerate General Electric has announced it wants to join the cloud party with the launch of its own fluffy white stuff. GE said it wants to capitalise on the 50 billion machines estimated to be connected to the internet by 2020; the so-called "Internet of Things" economy. The conglomerate describes itself as a "digital …
Kat Hall, 05 Aug 2015

Iomart snaps up SystemsUp for a cool £9m

Glasgow-based cloud outfit Iomart has snapped up London-based IT consultancy biz SystemsUp for a cool £9m. SystemsUp is a G-Cloud partner to Google, Amazon Web Services and Microsoft. Its turnover in the twelve months to 31 March 2015 was £4m, with profit before tax of £1.5m. A further payment of between £1m-£3.5m will be made …
Kat Hall, 08 Jun 2015
The Register breaking news

Groupon's retail chief heads for the door... after just 1 year

Groupon's head of retail is leaving the beleaguered voucher bazaar after just one year in the job. Faisal Masud, who joined Groupon from eBay to run its Goods division, will be leaving at the end of this month to develop ecommerce at office supplies firm Staples. Groupon Goods is the daily deals site's alternative revenue …
monty_python_french_knights_648

Atos buys up Xerox ITO, splashing almost $1 billion in process

Atos has completed its acquisition of Xerox's outsourcing biz as the French firm gears up for an American invasion. The company snapped up Xerox ITO (Information Technology Outsourcing) for $966m (£618m), slightly less than the initial $1.05bn (£670m) agreement announced back in December. Thierry Breton, Atos chief exec, said …
Kat Hall, 02 Jul 2015

Keep 'em coming, folks: Huawei snaps up Amartus SDN division

Chinese kit maker Huawei has snapped up the software-defined networking division of Irish software outfit Amartus. Zha Jun, president of Huawei’s fixed network products unit, said the deal is part of the company's strategy is to expand its cloud and network services. Amartus’ senior team and product staff will join Huawei, …
Kat Hall, 13 Jul 2015
eBay

PayPal chomps up money-moving biz Xoom ahead of eBay split

PayPal has scooped up digital money transfer provider Xoom for $890m (£570m), ahead of its split with eBay later this month. As part of its "uncoupling" with the online tat bazaar, PayPal will start out with $6bn (£3.9bn) in cash – which means more acquisitions could be on the cards. Dan Schulman, president of PayPal, said the …
Kat Hall, 02 Jul 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
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

Unisys halts and catches fire: Mainframe builder dives into the red

Mainframe maker Unisys plunged into the red during its second quarter of 2015, posting losses of $58.2m (£37.6m). The losses quadrupled compared with its second quarter in 2014, when the biz dropped $12.1m over the three-month period. Overall revenues dropped five per cent to $765m (£494m). Nevertheless, chief exec Peter …
Kat Hall, 24 Jul 2015
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

Salesforce back in the red, reviews future black ink orders

After a brief interlude in the black, Salesforce is back in more familiar loss-making territory, according to the financials for its second financial quarter this year. The giant CRM provider posted total revenue of $1.63bn (£1bn) for the period, an increase of 24 per cent year-on-year. Operating profit remained above water …
Kat Hall, 21 Aug 2015
new_spaceshiptwo_teaser_648

Virgin Galactic will get into space 'within 18 months to two years'

Virgin Galactic will be carrying aloft its first paying customers "within 18 months to two years", according to chief executive George Whitesides. Speaking to the BBC at the Mojave Air and Space Port, Whitesides said the company is on track for lift-off "maybe sooner, but not much longer", despite being some way off finishing …
Lester Haines, 04 Jun 2015
Pinocchio CC 2.0 Flickr https://www.flickr.com/photos/jepoirrier/

You know that deal that Kelway bosses said DEFINITELY isn't happening?

Reseller Goliath CDW has acquired the remaining 65 per cent of Kelway, only a month after management swore blind a full-acquisition was definitely not on the cards any time soon. In a letter sent to staff last month, seen by El Reg, top brass insisted it would be some time before CDW exercised its option to hoover up the …
Kat Hall, 03 Aug 2015

Silicon-happy ARM engorges its profits by a third – so its shares dip

ARM posted bumper sales and profits for its second quarter results – yet shares at the Cambridge-based outfit were still dragged down by Apple's "disappointing" results. Revenues at the mobile processor design biz rose 22 per cent to £228.5m for its second quarter, while pre-tax profits increased 32 per cent to £123.9m, …
Kat Hall, 22 Jul 2015
HP

HP gulps down Aruba Networks for $3bn

After a period of abstinence from mega buys, HP has dipped into its cash reserves to find $3bn (£2bn) for wireless infrastructure biz Aruba Networks. The deal will form a welcome plug to HP's sliding network biz, which fell 10.8 per cent to $562m (£365m) in the company's first quarter results last week. Aruba posted sales of $ …
Kat Hall, 02 Mar 2015

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
Vodafone bird box signal repeater

Vodafone sales dip, waits for fixed broadband to kick in

Sales at Vodafone dropped marginally to £10.1bn, revealed the global mobile operator's second quarter results. UK sales remained broadly the same at £1.4bn. Blighty is its second largest market after Germany, which recorded a drop in sales of 12 per cent to £1.7bn. Revenue for the company’s first six months of trading rose by …
Kat Hall, 24 Jul 2015
Avnet TS

Avnet TS confirms EMEA exec line-up

Avnet Technology Solutions has tweaked its organisational structure in EMEA and named those execs with a seat at the top table after completing the acquisition of Magirus. Joining the senior management team in the region, Christian Magirus, COO at the self titled distie becomes veep for services. The channel veteran will look …
Paul Kunert, 30 Oct 2012
The Register breaking news

Octopus-gate chief exec resigns over private data sale

The sale of private data by Hong Kong transport payments firm Octopus Holdings has forced the resignation of chief exec Prudence Chan. Octopus, which sells cards used by Hong Kong residents to pay for subway and bus fares, has agreed to donate to charity the HK$44m ($5.7m) it made from selling the details of an estimated two …
John Leyden, 06 Aug 2010
The Register breaking news

Skype taps Cisco vet as chief exec

Skype has named Cisco veteran Tony Bates as its new CEO. As first reported by TechCrunch, Bates will take over as chief exec at the end of the month. Current CEO Josh Silverman is leaving the company, and until Bates grabs the reigns, CFO Adrian Dillion will serve as acting CEO. Bates is the senior vice president and general …
Cade Metz, 04 Oct 2010
shutterstock_mobile_theft_648

Britain’s device-theft capital is now … lovely Leicestershire

Leicestershire – slap-bang in the middle of rural England – has leapfrogged London as the UK’s electronic device-theft capital, according to a comparison of police force stats. A series of FoI (Freedom of Information) requests by ViaSat showed 51 per cent of thefts in Leicestershire were of electronic devices, compared with 27 …
John Leyden, 26 Aug 2015
AMD CEO Lisa Su

So long, Rory: AMD board names Lisa Su president and CEO

AMD president and CEO Rory Read has stepped down, effective immediately, to be succeeded by fellow AMD exec Lisa Su. Read, who has served as AMD's chief exec since August 2011, will stay on with the company in an advisory role, but only through the end of 2014. "I am grateful to have had the opportunity to lead such a talented …
Neil McAllister, 08 Oct 2014
sea_hp_sink

HP wanted to offload Autonomy on SAP, says SAP co-chief

Updated HP tried to offload Brit software house Autonomy onto German giant SAP sometime before last month, it is claimed. Bill McDermott, co-chief exec of SAP, told the UK's Times that the firm had been approached by HP after it was told the business was "available", but SAP wasn't keen on the idea. "We were aware that it was on the …
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

UK's Crown Commercial Service creams off £72m from frameworks

Government procurement body Crown Commercial Services had a bumper year in 2014/15, increasing its slice of commission and fees from government frameworks by 50 per cent to a cool £72m. During that period the body doubled its staff costs to £44.4m, increased full-time headcount from 430 to 674, and ran a surplus of £2m, which …
Kat Hall, 22 Jul 2015

Pray for AMD

We were warned, but AMD's second-quarter results were still a shocking bloodbath, with revenue that missed analysts' estimates and came in even lower than the chipmaker's own revised guidance. Last week, we were cautioned to expect AMD's revenue for the period ending on June 27 to be down 8 per cent sequentially, contrary to …
Neil McAllister, 16 Jul 2015
watching_648

Shouty investor Elliot trains guns on Samsung merger

Activist hedge fund Elliot Associates is to take legal action against Samsung over its merger, widely seen as a move to consolidate the power of the South Korean firm's controlling Lee family. Last month, Sammy announced its merger with fashion, leisure and construction biz Cheil Industries, a company in which the tech giant …
Kat Hall, 09 Jun 2015

Malwarebytes slurps startup, hopes to belch out Mac malware zapper

Security software firm Malwarebytes is moving into the Mac security software market with the acquisition of a start-up and the launch of its first anti-malware product for Apple computers. Malwarebytes Anti-Malware for Mac is designed to detect and remove malware, adware, and PUPs (potentially unwanted programs). The release …
John Leyden, 15 Jul 2015