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

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
Oblivion, the movie drone

Intel keeps droning on, as PC sales continue to tumble

Intel has chucked $60m (£39m) at Chinese drone company Yuneec in a bid to combat the downward spiral in global PC sales, the latest cash-splashing exercise by the chipzilla. In a video statement announcing the move Intel Chief Executive Officer Brian Krzanich said: “At Intel we believe in a smart and connected world. And one …
Kat Hall, 27 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

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

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

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
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
Sony Vaio 11 Duo hybrid PC Ultrabook

Vaio returns from the dead wearing sharper suit, bolts in neck

Sony Vaio is making a comeback overseas, with plans to relaunch the brand on Windows 10 devices in the US and Brazil later this year. Last year, Sony axed 5,000 workers worldwide and offloaded its loss-making PC business to private equity firm Japan Industrial Partners (JIP). Chief executive of JIP Yoshimi Ota told the Wall …
Kat Hall, 19 Aug 2015

We're saving tax payers' money on Oracle licensing, honest, says Gov.uk

The Cabinet office has signed a 'memorandum of understanding' with Oracle in a desperate bid to ease the financial burden of its eye-wateringly expensive contracts with the database titan. The body reckons it will "deliver additional savings" for the taxpayer over the next three years. But when asked by The Register exactly …
Kat Hall, 19 Aug 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

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

Cloud busting: Alibaba pumps $1bn into Aliyun, hopes it will rain cash

Chinese Amazon equivalent Alibaba is pumping $1bn (£637m) into its cloudy arm Aliyun, thereby injecting cold, hard cash into its global domination plans. The investment is intended to further its international presence, as the firm intends to cosy up with more local partners. Part of the investment pot will be used to set up …
Kat Hall, 29 Jul 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

Mike Bracken suddenly decides to quit GOV.UK outfit GDS

The head of the Government Digital Service, Mike Bracken, has stepped down after five years in the role. No reason was given for the seemingly sudden departure, with Bracken set to stay until the end of September until his replacement is announced. The Register understands that Bracken and the new chief executive of the Civil …
Kat Hall, 03 Aug 2015
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
Ronan Dunne, CEO of O2

Capita IS good for former O2 staff. Oh yes it IS!

Being transferred to Capita in 2013 was the best thing for the O2 staff involved, despite the ongoing redundancy scheme, Ronan Dunne, the mobile network's chief executive, has told The Register. The Register recently revealed that Capita had started a Discretionary Voluntary Redundancy programme and that 700 people would be …
Simon Rockman, 27 Aug 2015
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
Big popes, images via Shutterstock

Expansion-hungry Equinix posts bumper sales

Net income at US data centre outfit Equinix jumped to $59.5m (£38m) for the company's second quarter of 2015, up from $11.3m (£7.2m) in the same period last year. Meanwhile, sales rose 10 per cent to $666m (£426m) for the three-month period. Equinix chief executive, Steve Smith, said: “This marks our 50th quarter of …
Kat Hall, 30 Jul 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