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 …
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
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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
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

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
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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
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

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
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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
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
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
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
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 …

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
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
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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
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
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
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
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
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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
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
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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 …
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

Toothless Ofcom: C'mon consumers, show your teeth on broadband speeds

Consumers experiencing consistently shonky broadband speeds will have the power to walk away from their contracts, new Ofcom chief exec Sharon White will announce today. The body will publish a "beefed-up" Code of Practice on broadband speeds, White will announce in her inaugural speech to consumer body Which? White joined …
Kat Hall, 11 Jun 2015
Harry Potter

Microsoft's new mission statement: It's all about doing MAGICAL THINGS

Satya Nadella, the man who succeeded Steve Ballmer as Microsoft's CEO and only the third chief exec in the company's history, believes the software giant is poised to achieve "magical things" in the coming years. So began an internal, company-wide memo Nadella sent on Thursday morning, in which he rallies the staff in Redmond …
Neil McAllister, 26 Jun 2015
4 arrows signs in arrow on wooden wall

Micron blames dismal PC sales for EVERYTHING

Memory firm Micron's third fiscal 2015 quarter results were pretty poor - and the chief exec blames the slumping PC market. Revenues of $3.85bn were three per cent down on a year ago and eight per cent down sequentially. Net income of $491m compared poorly to the $806m reported a year ago and the $934m in the previous quarter. …
Chris Mellor, 26 Jun 2015
Crop of doctor with pen and clipboard

WHOOPSIE! Vast US health insurer CareFirst plundered of 1.1 MEELLION records

More than 1.1 million user records have been compromised following a hack against US health insurer CareFirst BlueCross BlueShield. Data including members’ names, birth dates, email addresses and subscriber identification numbers may have been stolen by hackers as a result of a security breach last July. The hack was only …
John Leyden, 21 May 2015
Kitten on the run

RBS sticks it to customers once again as IT woes continue

RBS customers are continuing feel the fall-out from the bank's IT disaster last week which led to 600,000 customer transactions going missing, The Register can reveal. While outstanding payments now appear to have been restored to users' accounts, some customers are reporting on-going issues when attempting to switch from RBS. …
Kat Hall, 23 Jun 2015
SpaceX CRS-6 launch

SpaceX’s anti-hacker tech powers UK launch of security startup

Infosec 2015 Technology originally developed to keep Chinese hackers from stealing SpaceX's secrets more than a decade ago has become the centrepiece of a browser isolation security startup. Branden Spikes, the chief exec of Spikes Security, spent 15 years as the technological right hand of Elon Musk at startups including PayPal, Tesla and …
John Leyden, 02 Jun 2015
Abbott and Costello dressed as policemen

Nosy Brit cops demand access to comms data EVERY TWO MINUTES

Police forces across Blighty made more than 700,000 communications data access requests in the space of three years, responses to an FOI request from Big Brother Watch have revealed. Privacy worrywarts will be alarmed by the level of email and phone snooping demands that have been submitted by cop shops across the country, given …
Kelly Fiveash, 01 Jun 2015
Car-2-Car

The car in front has Kaspersky deep inside

Kaspersky Lab is taking anti-virus in a different direction by embedding it in SCADA-based industrial control systems, components of the Internet of Things, and yep, even cars. The Russian security software firm and SYSGO has teamed up to embed the new Kaspersky Security System platform within SYSGO's real-time operating system …
John Leyden, 02 Mar 2015
ISO7816 Tattoo

Online identity woes can only be solved through the medium of GIF

The Global Identity Foundation aims to recruit vendors in its ambitious quest to develop a global digital identity ecosystem. GIF is seeking to develop a new, global solution for digital identities, with the not-for-profit organisation building on work from the Jericho Forum, including the Jericho Forum’s Identity, Entitlement …
John Leyden, 10 Jun 2015

Intel 80386 queen Renée James quits as chipmaker's president

Intel president Renée James is leaving the silicon giant to become chief exec of another firm as part of a set of leadership changes announced by Intel CEO Brian Krzanich on Thursday. "When Brian and I were appointed to our current roles, I knew then that being the leader of a company was something that I desired as part of my …
Neil McAllister, 02 Jul 2015
Raytheon Patriot

Raytheon borgs Websense to create cybersecurity behemoth

Defence giant Raytheon has agreed a deal with Vista Equity Partners to form a new company combining Websense with Raytheon Cyber Products. The new joint venture (Raysense? Webtheon?) will combine Raytheon Cyber Products with Websense's TRITON line of web filtering and other enterprise security products. Raytheon – known for the …
John Leyden, 20 Apr 2015
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Computacenter UK MD heading to Daisy Group as CEO

Enterprise reseller Computacenter’s (CC) outgoing big cheese Neil Muller is set to rock up as Daisy Group chief exec from early next year, The Channel can reveal. The 20-year CC veteran - who spent the last three as UK managing director - quit the business in November for pastures new, and though he refused to reveal his next …
Paul Kunert, 10 Dec 2014

Cheer up songwriters, there's shedloads of money rolling in

The UK's performing sights society PRS for Music recorded a slim profit of £1.4m last year on turnover of £73.9m. The society collects and distributes royalties for songwriters and music publishers from radio, physical venues and plays on the internet, as well as the “mechanical” – a small proportion from the sale of a sound …
Andrew Orlowski, 22 Apr 2015
Suitcase bulging with cash

What was Tim Cook worth to Apple in 2014? $9 MILLION, apparently

Apple more than doubled chief exec Tim Cook's remuneration for 2014, handing him a bulging package worth $9.22m – including his $1.75m (£1.25m) base salary and a $6.7m (£4.5m) bonus. The compensation reflects the company's "extraordinary year in 2014", it said in its annual report (PDF). Sales at Apple rose seven per cent by $ …
Kat Hall, 23 Jan 2015

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …