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
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
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 …

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

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
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

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

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
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

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

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
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

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

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
Troll. Pic:  Anna Bialkowska

Docker huddles under Linux patent-troll protection umbrella

Docker has joined an open-source and Linux umbrella that provides shelter against possible patent trolls. The Linux container, finding favour in the cloud as a foundation of microservices, joins 115 packages protected by the Open Invention Network (OIN). Joining Docker in the OIN shelter are Puppet, Ceph, the full LibreOffice …
Gavin Clarke, 21 Apr 2015
sap security vulnerabilities

Cloud-engorged SAP's profits nosedive by a QUARTER

Profit plunged by 23 per cent to €413m (£296m) at Teutonic wannabe cloud-purveyor SAP for its first quarter as the company attempts to move away from its traditional on-premise software products. Revenue increased 22 per cent to €4.5bn (£3.2bn), compared with the same period last year. Cloud subscriptions and support revenue …
Kat Hall, 21 Apr 2015
Malcolm Turnbull from ITU pictures flickr feed https://www.flickr.com/photos/itupictures/

Job ad appears for CEO of Turnbull's digital transformation office

Australia's Department of Communications has advertised for a chief executive officer of the nascent Digital Transformation Office (DTO). Applicants are expected to possess a “Strong track record of delivering transformational change in a customer-focussed, high volume and transactional environment using digital technology”, an …
Simon Sharwood, 06 Apr 2015

Fraudsters make bank as exec wires $17 MEELLION to China

Scammers have swindled commodities trader Scoular out of US$17.2 million (A$22.1 million, £11.3 million) in a targeted phishing exercise. Local news outlet Omaha.com reported the company controller at Scoular with the 800-seat company had followed instructions to wire a series of massive payments to a Chinese bank from emails …
Darren Pauli, 09 Feb 2015
cake

Reseller SCC buys a slice of Fluidata

IT re-seller SCC has taken an undisclosed stake in London-based data connectivity outfit Fluidata, so as to further muscle into the infrastructure space. James Rigby, chief executive of SCC, said the investment will give the company access to the data telecoms market. "Fluidata positions SCC at the forefront of data centre …
Kat Hall, 23 Mar 2015

NCC bags security services outfit Accumuli for £55m

Managed security services outfit Accumuli has been snapped up by rival NCC for a sum of £55m. Both firms reported a strong increase in turnover last year, according to their Companies House filings. Accumuli's revenue rose 18 per cent to £16.6m in 2014. NCC Group recorded revenue of £110.7m, up 12 per cent. Pre-tax profit were …
Kat Hall, 24 Mar 2015

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
Crop of doctor with pen and clipboard

Capita lands spot on mega £5bn NHS commissioning deal

Outsourcing giant Capita is one of three major companies to be awarded a place on the £5bn Lead Provider Framework for Commissioning Support Services. Clinical Commissioning Groups (CCGs) will be required to re-procure many of their support services by April 2016 in order to comply with EU procurement law, which NHS England …
Kat Hall, 09 Feb 2015
channel_teaser_exit

OCZ chief dashes as flash cash stash bashed

Solid-state drive maker OCZ Technology's chief executive Ryan Petersen has jumped ship, leaving top marketing boy Alex Mei to man the tiller for now. Mei will hang onto his job as chief marketing officer until a permanent CEO is picked, the company said in a canned statement. OCZ stock has been steadily falling after four years …
myDLink Home Monitor HD camera

Chipzilla Intel gulps down 'Internet of Things' chip unit Lantiq

Chip giant Intel has snapped up German network chipmaker Lantiq for an undisclosed sum as part of its plan "to make everything smart and connected". Lantiq, which holds more than 2,000 broadband comms patents, is expected to boost Intel's move into the "connected home" and "intelligent network" market. It is the latest move by …
Kat Hall, 02 Feb 2015
JustinSheehy

CTO of NoSQL database upstart Basho beams over to VMware

NoSQL database biz Basho's chief technology officer Justin Sheehy is heading to VMware – where he will be the site leader for the virtualization giant's office in Cambridge, Massachusetts. The distributed systems executive told El Reg on Tuesday that he will report to VMware's senior vice-president of research and development, …
Jack Clark, 11 Mar 2014
GoPro HD Hero

Former Microsoft exec Bates bounces to GoPro

Portable video camera maker GoPro has made former Microsoft executive Tony Bates its president in the run up to its IPO. The onetime Microsoft exec will report directly to GoPro's chief executive Nicholas Woodman, GoPro announced on Wednesday. The firm filed with US regulators in late May to raise as much as $111m in an IPO. …
Jack Clark, 04 Jun 2014

Cisco greedily slurps up private cloud-AAS upstart Metacloud

Cisco is buying Metacloud, a startup that promises to spin-up OpenStack clouds both privately and as a service. Metacloud will be folded into Cisco’s Cloud Infrastructure and Managed Services unit, building Cisco’s InterCloud initiative – which the firm announced in March. Cisco chief executive John Chambers pledged he’d spend …
Gavin Clarke, 17 Sep 2014
arrow pointing up

Rackspace posts double-digit jump in sales and profits

Cloud purveyor Rackspace clocked up sales of $1.79bn (£1.16bn) for its full-year 2014, a 17 per cent increase on 2013, while net income rose 28 per cent to $110m (£73.1m). Fourth-quarter net income at the cloudy firm was particularly strong, increasing 80 per cent to $37m (£24m) on revenue up 16 per cent to $472m (£306m). But …
Kat Hall, 18 Feb 2015
WordPress

Pro-ISIS script kiddies deface Dublin Rape Crisis Centre site

The FBI has begun investigating the hack of a number of websites – including the site of Dublin Rape Crisis Centre – by pro-ISIS script kiddies. The Dublin Rape Crisis Centre in Ireland was defaced so that its home page featured the black ISIS flag and the message "Hacked by ISIS, we are everywhere." A Flash audio plug-in …
John Leyden, 10 Mar 2015
Barack Obama in the Oval Office

Revenues dip at CGI Group: It was Obamacare that did it

Revenue at Canadian outsourcer CGI Group dipped by four per cent in the first quarter of 2015 to $2.5bn (£1.7bn), compared with the same period in 2014. Meanwhile earnings rose by 24 per cent to $236m (£156m). CGI attributed its first-quarter revenue drop to a one-off spike from its Obamacare IT contract last year. The contract …
Kat Hall, 29 Jan 2015
Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said in …
Neil McAllister, 18 Sep 2014
makerbot

Makerbot axes 'scores of staff' – 3D printing just doesn't pay the bills

3D printing pioneers Makerbot has culled roughly 80 employees at its Brooklyn headquarters, abolished three divisions, and closed three of its shops. "We at MakerBot are reorganizing our business in order to focus on what matters most to our customers. As part of this, we have implemented expense reductions, downsized our staff …
Iain Thomson, 17 Apr 2015

Sales up at NSA SIM hack scandal biz Gemalto

Sales at the world's biggest SIM card maker, Gemalto, which was last month revealed to have been hacked by the NSA and GCHQ, rose by five per cent to €2.5bn (£1.8bn) in 2014. Following the hack, the company's share price fell by $470m last month. However, the latest results do not appear to have appeased investors, with shares …
Kat Hall, 05 Mar 2015
ARMteaser

ARM wrestles analysts' guesses to floor after slurping IP Kool-Aid

The first three months of 2015 have been good to ARM, which saw revenues of $348.2m and pre-tax profits of $120.5m in the first quarter, with 3.8 billion ARM-based chips shipped - or more than 450 chips per second. That’s an increase of 14 per cent on revenue and 24 per cent on profit – well ahead of what analysts predicted, …
Simon Rockman, 21 Apr 2015

Ex Red Hat CTO installs self as Google Cloud boss

Red Hat’s former technology chief Brian Stevens has floated over to Google to run its cloud operations. Stevens suddenly left the Linux distro maker and aspiring OpenStack cloud fluffer after 12 years as executive vice president and chief technology officer. As of this month, Stevens has become Google’s vice president of cloud …
Gavin Clarke, 10 Sep 2014
The Register breaking news

New Microsoft Windows chief 'shocked' by Sinofsky defenestration

Analysis Microsoft’s new Windows chief Julie Larson-Green has admitted to being “shocked” at her elevation as Windows chief, casting further doubt on the idea that her predecessor Steven Sinofsky's departure has been an orderly process. In a Facebook message, Larson-Green thanked people for a tide of congratulations adding: “Still in a …
Gavin Clarke, 15 Nov 2012
Montage of front covers from Charlie Hebdo magazine

French Google fund to pay for 1 million print run of Charlie Hebdo next week

Money put into a fund by Google as a sweetener for French publishers during the link tax row of 2013 will be used to pay for next week’s edition of Charlie Hebdo. Following an attack by gunmen on the magazine's offices in Paris on Wednesday – in which 12 people were killed – the media world has come together to support the …
Jennifer Baker, 09 Jan 2015
Original "Airplane" image from Paramount Pictures

UK air traffic bods deny they 'skimped' on IT investment after server mega-fail

The chief executive of the National Air Traffic Services, Richard Deakin, has denied the body “skimped" on its IT investment after being hauled in front MPs this week to account for its major computer outage. The cock-up last Friday resulted in 120 flights being cancelled and 500 flights being delayed for 45 minutes, affecting a …
Kat Hall, 19 Dec 2014