Articles about Chief Exec


Cash-bleeding Monitise waves goodbye to chief exec

Struggling British software banking biz Monitise has waved goodbye to its chief exec after more than trebling losses for the full year 2015, compared with more modest profit leakage last year. The firm reported revenue of just under £90m for the period, down six per cent on the previous period. Losses ballooned year-on-year to …
Kat Hall, 09 Sep 2015

Acer chief exec Stan Shih: Exiting the PC market? Not us!

IDC analyst Tom Mainelli put the cat among the pigeons with his prediction last week that two of the top 10 PC vendors – but not the top four – will shutter their operations within the next two years. His prognosis stung Asustek CEO Jerry Shen yesterday to proclaim his company’s allegiance to the PC market. Today, Acer …
Drew Cullen, 12 Nov 2015
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 …
Microsoft CEO Satya Nadella

Microsoft chief Satya drops an S bomb in Windows 10, cloud talk

Microsoft claims it really does care about privacy and securing the cloud and Windows 10, promising to build cybersecurity teams and investing in the area. A new Cyber Defense Operations Center will bring together security response experts from across the technology giant in a new “state-of-the-art” facility. The unit will be …
John Leyden, 17 Nov 2015
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 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 …

Royal Mail mulls drones for rural deliveries

The Royal Mail's chief exec has envisioned a future with drone deliveries and driverless vans. Jumping enthusiastically onto the airborne parcel bandwagon, Moya Greene told the CBI's annual conference she'd "love to see" UAVs taking on rural delivery services to "more remote places where you don’t have to deliver too much". …
Lester Haines, 10 Nov 2015
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
Santa Claus on his laptop

Twitter CEO Jack Dorsey hands out shares to remaining staffers

Having recently put down his axe after hacking away 336 staff earlier this month, chief executive Jack Dorsey has now donned his Santa suit to hand out $200m (£130m) worth of stock to remaining employees. Dorsey said he was giving away about 1 per cent of the company to the company’s 3,700 employees, in Twitter's Teatime town …
Kat Hall, 23 Oct 2015

'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 …
Kelly Fiveash, 13 Aug 2013
The Bundestag in Berlin. Pic: Hernán Piñera

Google, SAP continue love-in with a patent-share agreement

Global ad-flinger Google and German ERP behemoth SAP have hopped in bed together to form a "long-term patent cross licensing agreement". The agreement apparently covers a "broad range" of products and technologies – but the companies have declined to say what that will involve exactly. The deal will cover the companies' …
Kat Hall, 30 Oct 2015

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

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
Mark Hurd and Safra Catz

Hurd clings to Oracle’s cloud growth as overall revenue declines

Mark Hurd, joint chief exec at Oracle, has come out as predictably bullish on the company's cloud prospects, stating in an interview that customers can't get enough of its fluffy white stuff. Speaking to The Telegraph, Hurd said compared with 12 or 15 months ago "the customer is more excited about and open to the cloud". He …
Kat Hall, 14 Oct 2015

Meg Whitman: Next Hewlett Packard Enterprise CEO is already on the payroll

Canalys Channels Forum Meg Whitman this week refused to say when she'll quit as chief exec of HP Enterprise – the chunk of HP that will split away from the other half that makes printers and PCs. However, she did indicate that HP Enterprise's next top boss will almost certainly be appointed from the company's ranks, rather than parachuted in from …
Paul Kunert, 09 Oct 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 …
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
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

Migraine in the mainframe: Unisys reports more losses

Mainframe maker Unisys posted yet more disappointing results for, recording a net loss of $9.6m (£6m) for its third quarter results. Revenue was $739m (£477m), down 16 per cent on last year. Anthony Miller, analyst at TechMarketView, noted the firm's hardware revenue halved and services revenues declined by 8 per cent. " …
Kat Hall, 22 Oct 2015
Colossus computer from The Forbin Project

InteliSecure buys UK data loss rival as European bridgehead

US-based InteliSecure has acquired Reading, UK-based Pentura in deal designed to allow it to deliver Data Loss Prevention (DLP) technology as a managed service. Financial terms of the deal, announced Wednesday, were not disclosed. InteliSecure specialises in managed DLP and critical asset protection services while Pentura …
John Leyden, 28 Oct 2015

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

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

Civica splashes the cash on 'good fit' Web Technologies

Public sector IT outfit Civica has gobbled up IT services minnow Web Technologies Group for what is thought to be approximately £10m. Simon Downing, chief exec of Civica, said the deal will extend Civica's capability in central government. Meanwhile, James Steventon, chief executive of WTG, said having "the backing of Civica …
Kat Hall, 09 Sep 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
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

£2.3m ZANO nano-drone crowdfunded project crashes and burns

The company behind the troubled ZANO nano-drone project has pulled the plug, leaving thousands of Kickstarter backers in the lurch. The UK's Torquing Group Ltd tin-rattled its way to a record £2,335,119 from 12,075 people for the "world's most sophisticated nano drone - aerial photo and HD video capture platform". Although …
Lester Haines, 18 Nov 2015
Wife dressed as nurse administers last act of mercy

Phone-fondling docs, nurses sling patient info around willy-nilly

UK doctors and nurses routinely share sensitive patient information via their smartphones, we're told. Two in three or 65 per cent of doctors at Imperial College London have used text messages to communicate with colleagues about a patient, and half (46 per cent) have used picture messaging on their smartphone to send a …
John Leyden, 08 Oct 2015
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

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
BT Openreach van

BT posts flat results following EE merger green light

Telecoms giant BT posted flat results for its second quarter earnings, just days after it was given the green light by Blighty's spending watchdog to snap up mobile operator EE for £12.5bn. For the three months to September, the one-time state monopoly posted flat revenue of £4.38bn for the second half of 2015, compared with …
Kat Hall, 29 Oct 2015

Citrix: CEO exit plans accelerated, results take a turn.... for the better

Citrix – currently locked in the vice-like grip of activist investor Elliott Management – has confirmed exec chairman Robert Calderoni will move into the care-taking CEO position. Long-serving chief exec Mark Templeton previously confirmed he is to retire at the end of this calendar year, but had planned to man the fort until …
Paul Kunert, 22 Oct 2015

Big mistake, Google. Big mistake: Chrome OS to be 'folded into Android'

Google is apparently going to "fold" Chrome OS into Android, potentially killing the development of a secure, lightweight desktop OS in the process. The Wall Street Journal, citing anonymous sources, claims engineers at the Mountain View giant have spent the past two years merging Chrome OS into Android. The end result will …
Shaun Nichols, 29 Oct 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

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

Microsoft boss Satya Nadella is paid $18m – and would trouser $20m if sacked

Microsoft's chief exec Satya Nadella was awarded a big fat pay packet of $18m (£12m) for the company's last fiscal year. Nadella was awarded $12m in stocks for the period, according to the company's filing to US regulator the Securities and Exchange Commission. He also received 120 per cent of his target bonus – $4.3m (£2.8m) …
Kat Hall, 20 Oct 2015

Buyout-happy Accenture hits $30bn in sales – as profits slide 10 per cent

Acquisition-ravenous US outsourcer Accenture posted an increase in sales of five per cent to $30bn (£20bn) for financial year 2015, compared with the previous year. Meanwhile, net income dipped 10 per cent to $3.2bn (£2.1bn), following its spending spree over the last year. John O'Brien, an analyst at TechMarketView, …
Kat Hall, 25 Sep 2015
Pointing finger, photo via Shutterstock

Handy results put ARM on track for a muscular year

Chip designer ARM has posted another period of growth, with revenue up 17 per cent to $375.5m (£243m) for the third quarter, when compared with the previous year. Meanwhile, third-quarter pre-tax profit climbed 27 per cent to £128.4m, compared with the same period last year. ARM appears to be on track for a record year, with …
Kat Hall, 21 Oct 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 …

NATS climbs into the cloud to fight legacy software snafus

The National Air Traffic Service is shifting its software onto a bespoke cloud infrastructure, which it hopes will help reduce delays the next time it's hit by a systems outage similar to the one it suffered last year. The body is spending tens of millions of pounds on its "aviation cloud", it says will improve "resilience and …
Kat Hall, 16 Sep 2015
The Chocolate Festival, London

Google spews out Alphabet. Alphabet gobbles Google

Google morphed into its new holding company, Alphabet, after close of business on Friday. The Chocolate Factory announced a huge rejig of its biz in August, when Sundar Pichai was crowned chief exec of Google. The ad giant's co-founder Larry Page and Sergey Brin now head up Alphabet as CEO and president. Google, meanwhile, …
Kelly Fiveash, 03 Oct 2015
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
Boy slurps watermelon. Credit: Shutterstock

Dialog Semiconductor gobbles Atmel for $4.6bn, with 'synergies' on the way

UK-based chipmaker Dialog Semiconductor is to acquire US chip firm Atmel for $4.6bn (£3bn) in a cash and stocks deal. The acquisition will create a company with a combined value (annual revenues) of $2.5bn, or £1.6bn. In 2014, Dialog posted sales of $1.15bn (£740m), up 28 per cent on 2013; while Atmel's full-year results …
Kat Hall, 21 Sep 2015

SAP CEO McDermott loses AN EYE, almost his life in horror plunge

SAP boss Bill McDermott lost an eye in a freak accident that almost killed him, it emerged on Wednesday. The 54-year-old CEO was walking down stairs at night carrying a glass of water in his left hand when he slipped and landed on the tumbler. McDermott, who was staying with his brother in the US at the time of the spill in …
Chris Williams, 17 Sep 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
Crop of doctor with pen and clipboard

Cambridge University Hospitals rated 'inadequate' due to £200m IT fail

Cambridge University Hospitals has been placed under special measures by the NHS regulator, after a failed £200m IT project plunged its finances into the red and left it unable to deliver key services. Health watchdog Monitor flagged the trust as "inadequate", following concerns about staffing levels, delays in outpatient …
Kat Hall, 22 Sep 2015

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