Articles about Chief Executive

Mozilla's new CEO Chris Beard

Firefox biz Mozilla makes Beard new interim chief executive

Mozilla has appointed ex-long-time employee Chris Beard to head the collective as interim CEO after the old boss Brendan Eich was forced out for donating to a group opposing gay marriage. Mozilla's new CEO Chris Beard Beard is likely to keep his views on gay marriage to himself "Mozilla needs to act quickly and decisively," …
Iain Thomson, 14 Apr 2014
management strategy4

SAP's ex-Hana chief swallows software firm, bets big on... Hana

The exec who led SAP’s Hana has bought enterprise software management specialist Panaya, pitting his new firm against his old bosses. Vishal Sikka, chief executive and managing director of Infosys, has announced that his firm – India’s second largest outsourcing company – is buying Panaya for $200m. The new acquisition produces …
Gavin Clarke, 16 Feb 2015

Ex-Autonomy chief Mike Lynch's Darktrace bags £12.6m from investors

Darktrace, the Cambridge-based cyber security company backed by the billionaire superyacht-owner Mike Lynch, has raised $18m (£12.6m) from investors. The latest funding round includes a cash injection from Invoke Capital, Lynch’s venture fund that was one of Darktrace’s first backers. It has also bagged funds from Talis Capital …
Kat Hall, 18 Mar 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 …

Revenue drops at IT giant CSC... 'Good progress' says chief

Revenue at CSC fell by 3.4 per cent to $3.08bn for the firm's second quarter as "transformation efforts" took hold at the IT giant. Meanwhile, operating income fell 3.3 per cent compared to the same period last year – to $340m. Half-year net income fell by $112m to $307m, compared with the first six months of 2013. Sales were …
Kat Hall, 07 Nov 2014

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014

Basho's CEO, CTO and chief architect leave the NoSQL upstart

Exclusive Riak database steward Basho has lost its chief executive, its chief architect, and now its chief technology officer in the past three months. But we're assured that the upstart's distributed system dream will be kept alive and well. The Register has learned that CTO Justin Sheehy will soon be off to pastures unknown; chief …
Jack Clark, 10 Mar 2014

Unexpected Termination Error at Year of Code: Chief dumps venture for other UK.gov riches

The head of the government-backed Year of Code caper has quit, just four months into her new job. Chief executive Lottie Dexter will become a special advisor to Matthew Hancock, a Parliamentary Under-Secretary at the Business Department responsible for education and training. That's also a taxpayer-funded job, sharp-eyed readers …
Andrew Orlowski, 25 Jun 2014
John Chen

BlackBerry chief Chen swings the axe at mobe-maker's executives

New BlackBerry interim CEO John Chen has begun his tenure at the battered smartphone vendor by shaking up its top executives, eliminating at least two positions in the process. The New York Times reports that Chen has shown the door to chief operating officer Kristian Tear and chief marketing officer Frank Boulben, both of whom …
Neil McAllister, 25 Nov 2013

Ex-Windows chief Sinofsky flogs brains to Valley startups

Microsoft’s former Windows chief Steven Sinofsky is re-inventing himself in Silicon Valley as an investor and startup mentor. In his role as a newbie at Silicon Valley venture capital firm Andreessen Horowitz, Sinofsky is now an advisor to file-sharing service Box. Co-founder and chief executive Aaron Levie blogged that Sinofsky …
Gavin Clarke, 30 Aug 2013

Sage boosts profit but that means NOTHING without the CLOUD

Sales rose 6.5 per cent to £699m during accounts-ware biz Sage's half-year results, despite the company's poor cloudy progress. Pre-tax profits increased 4.9 per cent to £173m, compared with the first half of its previous financial year. Stephen Kelly, chief executive officer, said the company is in the process of overhauling …
Kat Hall, 06 May 2015
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 …
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

Ex-VMware ops chief floats over to Salesforce rival

VMware’s former chief operating officer Tod Nielsen has jumped ship to join Heroku, Salesforce.com’s Platform-as-a-Service (PaaS) cloud operation. Nielsen has been named chief executive of Heroku, assuming the role vacated by Byron Sebastian who left the company in September 2012. Sebastian had been both CEO and executive vice …
Gavin Clarke, 27 Jun 2013
The Register breaking news

Zynga's CEO tried to buy game slinger in 2010... while Xbox chief - report

Zynga’s new chief executive Don Mattrick liked the online gaming firm so much, he considered buying it for Xbox while he was a Microsoft bigwig. Mattrick, until last week the head of Microsoft’s entertainment division, negotiated with Zynga founder Mark Pincus to buy Zynga in 2010, "insiders" told Bloomberg. According to the …
Gavin Clarke, 08 Jul 2013
French fries

NXP snaps up Freescale to form new chipzilla

Dutch chip company NXP has snapped up US rival Freescale Semiconductor for $11.8bn (£7.7bn). The deal is expected to create a combined annual turnover of $10bn (£6.5bn), with NXP claiming the new entity will have a market valuation of $40bn (£26bn). NXP said it expects to make $200m (£130m) in the first full year after closing …
Kat Hall, 02 Mar 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

Fat cable bods Comcast belch contentedly, stroke bulging broadband belly

Broadband sales boosted profits at US cable goliath Comcast by nine per cent to $3.9bn (£2.6bn) for the company's first quarter, compared with the same period last year. Overall sales rose 2.6 per cent to $17.9bn (£11.7bn), with revenue at the company's Cable Communications biz rising 6.3 per cent to $11.4bn (£7.5bn). Comcast …
Kat Hall, 05 May 2015

DuckDuckGrow: Privacy search soars 600% after Snowden dumps

Privacy-first search aggregator DuckDuckDuckGo has grown a whopping 600 percent since NSA whistleblower Edward Snowden began revealing the extent of the US spying apparatus. The search engine uses sites including Wikipedia, Yandex, Yahoo!, Bing and Yummly and offers users bare-bones search results without the personalisation …
Darren Pauli, 18 Jun 2015

Are CSC's mega-costly NHS contracts finally turning a profit?

CSC's troubled billion-pound NHS contracts finally appear to be turning around, chief executive Mike Lawrie revealed in a conference call. However, it is unlikely the firm will ever recoup its money from the defunct systems, which have cost the company close to £2bn. In a conference call for CSC's second quarter earnings Mike …
Kat Hall, 11 Nov 2014
The exterior of Equinix  ME1

Equinix moves into Europe by slurping up Telecity

Data centre outfit Equinix is enlarging its presence in Europe by gobbling up UK-based Telecity for £2.3bn, with the deal adding a further 39 European data centres to the US-based company's existing empire of 100. Equinix chief executive Stephen Smith said the announcement was an "exciting day for the stakeholders of both …
Kat Hall, 29 May 2015
Job cuts jpeg

Job cuts klaxon: SAP axes 2,200 staff, denies 'cost cutting' to blame

Europe’s largest software firm is reportedly cutting up to three per cent of its workforce. SAP’s HR chief Stefan Ries has told Bloomberg the enterprise giant is cutting 2,000 staff. The firm's total headcount is 74,406. Its chief executive Bill McDermott announced its second round of job cuts in less than a year. When …
Gavin Clarke, 06 Mar 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

Microsoft C# chief Hejlsberg: Our open-source Apache pick will clear the FUD

“Pushing that button was one of the more impactful clicks of my career,” says Microsoft’s C# lead architect Anders Hejlsberg. The click in question was made on stage at Microsoft’s Build conference in April, and its effect was to publish the .NET Compiler platform, codenamed Roslyn, as open source under the Apache 2.0 licence. …
Tim Anderson, 16 Jun 2014
Crapita logo

Never mind the redundancies as Capita splashes cash on Barrachd

Everyone's favourite outsourcer Capita has snapped up business intelligence outfit and IBM VAR Barrachd for an undisclosed pile of cash. The 38-strong Scottish biz develops bespoke BI software in the financial services, energy, and higher education sectors. Barrachd was founded in 2007 and its name means "more" in Gaelic – a …
Kat Hall, 09 Jul 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
The Register breaking news

LIVE NOW: Speak Your Brains on Windows chief's defenestration SHOCKER

Live Chat Steven Sinofsky, Microsoft’s Windows chief, left Microsoft suddenly and without adequate explanation a week ago. Sinofsky helped launch Windows 7, took over the Windows group in 2010 and in two years turned around an organization tainted by Windows Vista to put Microsoft on an attack vector against Apple with Windows 8, last …
Gavin Clarke, 16 Nov 2012
The Netflix smartwatch: fun in the urinal, or wherever you want a house of cards

Netflix profits plunge, but streamer still plans global domination

Online gogglebox Netflix posted a 22 per cent increase in sales, to $1.64bn (£1bn), for its second quarter results, while profits plummeted by 63 per cent to $26m (£17m). The falling profits reflect the company's global domination plans and investment in self-commissioned drama. The streamer now has 65 million members, 23 …
Kat Hall, 16 Jul 2015

Shareholders pen outraged letter about Ellison's bulging package

Oracle and its founder Larry Ellison are facing fresh calls from shareholders to change the company's high compensation structure for executives, and stop ignoring requests to communicate with directors. Dutch and UK shareholder groups PGGM and Railways Pension Trustee Company Limited have more than 2.8 million members and $ …
Kat Hall, 26 Jan 2015
Throttling

At last, switching between rubbish broadband providers now easier

From tomorrow it will be easier for consumers to switch from a crap broadband provider to, er, well, another — possibly slightly less crap — broadband provider. The new rules apply to those using the Openreach telecoms network, such as BT, EE, Sky and TalkTalk. Previously, consumers had to obtain a Migration Authorisation Code …
Kat Hall, 19 Jun 2015

Europe targeted as Alibaba's cloudy world domination plans take shape

Expansion-hungry Alibaba is set to increase the global reach of its cloudy biz Aliyun by opening a data centre in Europe, a senior hand has told El Reg. Derek Wang, chief architect of Aliyun's international cloud business, said the company intends to announce expansion plans into both the European and South-east Asian markets …
Kat Hall, 18 May 2015

Oracle retreats on $210m Rimini Street 'value' damages

Rimini Street has struck back at Oracle after the database giant withdrew its claim for $210m damages against Rimini. Larry Ellison’s firm had claimed the amount based on fair market value of the copyright that it owned and that it claims Rimini Street has trampled. The figure was based on income lost based on a hypothetical …
Gavin Clarke, 17 Jul 2015

Microsoft doubles down on productivity with Wunderlist buy

The reinvention of Microsoft under chief executive Satya Nadella continues with reports the software giant has bought German-based iOS app Wunderlist. The purchase, originally reported behind the Wall Street Journal paywall, is in the ballpark of $US100 - $US200 million, making it roughly the same size deal as the company paid …

Phished IT bod opens door to 40,000 finance folks' personal details

A major data security breach at the Chartered Institute for Securities and Investment has caused the release of 40,000 members' details to a fraudster. On Friday (May 29) the professional body for finance and investment folk held an emergency meeting concerning the release of every member's name, email address and membership …
Kat Hall, 01 Jun 2015
Taylor Swift

Bring on the Music, Apple: Spotify ups the ante - and money pot

Music streaming biz Spotify has raised $115m (£75m) from an investor, part of the latest funding round which — according to reports — values the company at a staggering $8.5bn (£5.7bn). Swedish telephone biz TeliaSonera AB today confirmed it has handed over a further $115m to Spotify, with the company having been an investor for …
Kat Hall, 10 Jun 2015
Screaming kid

Mainframe staffing dilemma bedevils CIO dependents

More than half a century after its birth, the mainframe poses conundrum for hundreds of CIOs. Mainframes are firmly ensconced as a critical piece of the IT infrastructure underpinning their business – just ask any of the traditional banks. The fear is that as those maintaining them retire or get outsourced, nobody will be left …
Gavin Clarke, 10 Jun 2015

Hola! TV geo-block botters open bug bounties

Smarting from a barrage of criticism for botting its customers, VPN service Hola is hoping a bug bounty program will restore its security credentials. The VPN service was caught turning its 9.7 million users into Luminati exit-nodes. It advertised this service as using customers who downloaded Luminati's TV geo-block smasher …
Darren Pauli, 02 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

Europe drags, as Accenture posts steady growth

Outsourcing giant Accenture posted a yearly sales increase of five per cent to $7.5bn (£5bn) for its second quarter results, highlighting its "digital" investments as a reason for the consistent growth. However, its European revenue dropped by two per cent to $2.66bn (£1.8bn). The company singled out France, Germany, Spain and …
Kat Hall, 27 Mar 2015
Disney's Beagle Boys

ID-stealing scammers had a bumper start to the year, reveals report

Incidences of identity fraud in the UK rose by more than 25 per cent in the first quarter of 2015, a new report has revealed. In total, 34,151 confirmed instances of identity fraud were recorded in the first quarter of 2015, a 27 per cent increase from Q1 2014. Identity fraud is when criminals abuse personal data to impersonate …
John Leyden, 27 May 2015
slice of pizza

Revenue up 62 per cent, as Redcentric posts bumper post-buy results

Managed services biz Redcentric reported a significant increase in sales and profits for its full-year 2015 results, as the firm's acquisition strategy began to bear fruit. The Yorkshire outfit posted an increase in revenue of 62 per cent to £94.3m, compared with 2014. Profits rose to £8m from £1.8m for the same period. The …
Kat Hall, 15 Jun 2015

16 telco heads request data retention funding info from Turnbull, Brandis

The chief executive officers of 16 Australian telcos have written to the nation's attorney-general George Brandis and communications minister Malcolm Turnbull with a call for dialog on how much money they can expect to fund the development of metadata retention systems. “We write as the Chief Executive Officers/Senior Executives …
Simon Sharwood, 16 Mar 2015
channel_teaser_exit

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
Downing Street road sign

Ark scoops £700m to host ALL UK.gov's data centre needs

Exclusive Small data centre biz Ark has won a £700m four-year outsourcing megadeal with the Cabinet Office to supply the government's entire data centre estate via its Crown Hosting contract, multiple sources have told The Register. El Reg understands that the estate will initially be run via the company's two data centres in Farnborough …
Kat Hall, 12 Mar 2015

FireEye, Singtel pull on SOCs in Sydney and Singapore

Telco and security giants SingTel and FireEye have injected $US50 million to establish two security operations centres (SOCs) in Sydney and Singapore as part of a new deal between the two companies to offer managed security services. The SOCs will run out of SingTel's network operation centre (NOCs) to leverage the telcos' …
Darren Pauli, 07 Oct 2014
Photo of a stack of $100 bills

Slack raises $160m from investors, gets mega $2.8bn valuation

Workplace chat app Slack has confirmed it has raised $160m (£106m), valuing the company at $2.8bn (£1.9bn), according to reports. The Slack service allows employees to create and manage internal message boards for individual projects and departments. Previously the company was valued at a mere $1.2bn (£800m). In an interview …
Kat Hall, 17 Apr 2015

Blighty wants to ‘strengthen links’ with Huawei via the begging bowl

John Whittingdale, the UK's Secretary of State for Culture, Media and Sport, has indicated Blighty would like more cash from Chinese kit maker Huawei after its current £1.3bn investment pot runs dry in 2017. Speaking at Huawei's annual summer bash at Whitehall's Banqueting Hall, he suggested the UK would be keen to have its …
Kat Hall, 16 Jun 2015
You seen him? Hasidim

Orange hurls €90m at Israel's Partner to end political bunfight

Orange has been caught in a political storm after trying to stop Israeli mobile network Partner Communications from using its name. The company uses the brand because it received funding from, but was not owned by, Hutchison Whampoa, which launched the Orange brand in the UK several years ago. When Orange (then the UK's third- …
Simon Rockman, 01 Jul 2015

Microsoft to Android OEMs: 'Show me the money'

Exclusive Microsoft has reserved the right to nail firms making Android devices running its Office suit for possible Windows patent infringements. The giant has decided against signing a licence with Open Invention Network (OIN), a group of 1,300 companies dedicated to defending Linux against patent suits. Signing an OIN licence could …
Gavin Clarke, 03 Mar 2015

UK exam board wants kids to be able to Google answers

Poll The Oxford, Cambridge and RSA (OCR) exam board wants pupils to be allowed to use Google to search for answers in exams. The proposal has been put forward by Mark Dawe, the OCR exam board chief executive, who claims that using Google is akin to using a calculator in mathematics and that there should be Google and non-Google …
Simon Rockman, 30 Apr 2015