Articles about Executive Chairman

H. K. Desai

QLogic exec chairman HK Desai dies aged 68

Storage firm QLogic has lost its guiding light. The company's chairman, HK Desai, died after suffering a "sudden cardiac arrest" on 10 June. CEO and president Prasad Rampalli, who became CEO just six months ago, said: "HK dedicated most of his working life to building QLogic into the company it is today. His positive spirit, …
Chris Mellor, 30 Jun 2014
Emulex logo

Emulex throws exec chairman's scalp to activist investors

HBA and Ethernet analysis vendor Emulex has caved in to sustained activist investor pressure over its board makeup and financial discipline and given up the exec chairman’s scalp. The winning activist investors are: Elliott Management,which holds 9.8 per cent of Emulex's shares; Starboard Value; Altai Capital; The Vanguard Group …
Chris Mellor, 15 Nov 2013
HP CEO Meg Whitman at Discover 2012

HP chairman Lane yields to 'here's you hat, what's your hurry?' pressure

Succumbing to pressure to shake up the board of directors of HP, chairman Ray Lane is stepping down from running the board. However, he said in a statement, he will remain on the HP board – even if he doesn't run it. Lane, a former hotshot at software giant Oracle and a managing partner at venture capitalist Kleiner Perkins …
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
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Reseller loses veteran chairman and CEO in shake-up

Managed services and software reselling outfit Maxima has raised £2m through a rights issue to fund future development and as a precursor to offloading business units that are deemed "non-core" over the coming months. The LSE-listed firm hired M&A veteran Ian Smith last month after talks with interested buyers that began in …
Paul Kunert, 19 Oct 2011

Google chair Eric Schmidt reportedly visits Cuba

Nixon in China it may not be, but Google's chairman Eric Schmidt has reportedly visited Cuba. Cuban blog 14yomedio.com reports that Google executive chairman Eric Schmidt and other senior Googlers dropped in over the weekend to promote “the virtues of an open internet”. Freedom House's 2013 Freedom on the Net 2013 rates Cuba as …
Simon Sharwood, 30 Jun 2014
management regulation8

Logicalis CEO Bullard heads for exit after less than 60 days

It was a short-lived reign at the top of Logicalis for CEO Garry Bullard, who has cut and run after less than two months in charge, The Channel can reveal. The man arrived in December armed with a CV positively dripping in high-profile industry roles – including Logica UK CEO, IBM Global Services GM and president of BT Global …
Paul Kunert, 27 Jan 2014

Oracle, the King of Cloud? Maybe in Ellison's world

Analysis Oracle's executive team spent most of its second-quarter earnings conference call on Wednesday talking about its cloud business – which made sense, since that was the only part of the business that showed significant growth. As in last quarter's call, the trio of Safra Catz, Larry Ellison, and Mark Hurd chirped away about the …
Neil McAllister, 18 Dec 2014

Steve Jobs makes world a better place FROM BEYOND THE GRAVE

Apple chief Tim Cook sent an email to staffers on Friday, in which he reminded them all of the greatness of Steve Jobs – who has been dead three years today. It comes after Google's executive chairman Eric Schmidt took a swipe at the fruity führer on Thursday for supposedly getting it wrong about the ad and search giant's …
Team Register, 05 Oct 2014

How to get $542m from Google: Dress as a SPACEMAN with dayglo dancers – Magic Leap

Vid Google and A-list venture capitalists have given more than half a billion dollars to Magic Leap, a mysterious startup that aims to "make computing more natural". Magic Leap Magic Leap ... your guess is as good as ours Magic Leap is based down in Florida, and has no products, revenue, or public business plan, as far as we can …
Iain Thomson, 21 Oct 2014
BlackBerry logo

BlackBerry slices off juiciest bits, bottles them in 'Tech Solutions'

BlackBerry has sliced off its juiciest bits and will preserve them in a new unit called “BlackBerry Technology Solutions” (BTS) that it hopes will deliver a jolt of growth. The new unit will be led by Dr. Sandeep Chennakeshu and will gain stewardship of QNX , the IoT play Project Ion, the Certicom cryptography applications and …
Simon Sharwood, 19 Aug 2014

Phoenix IT Group is FIGHTING BACK

A fightback has begun at beleaguered Phoenix IT Group after the services provider confirmed it has at last filled the vacant CEO post and is proposing a share placement to pay down debts. It is 17 months since previous top dog Dave Courtley called it a day at Phoenix, but finally the Northampton-based firm has lured in former …
Paul Kunert, 12 Mar 2014

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …
GoDaddy

GoDaddy to try to GoPublic – again – with $100 million IPO

US-based internet domain registrar GoDaddy is planning to file an initial public offering (IPO) through which it hopes to raise as much as $100m. The company on Monday filed documents with the US Securities and Exchange Commission (SEC) indicating that it plans to open its shares to the public later this year. Morgan Stanley, JP …
Shaun Nichols, 10 Jun 2014
Larry Ellison

Ellison: Sparc M7 is Oracle's most important silicon EVER

OpenWorld During his OpenWorld keynote on Sunday, Oracle CEO CTO Larry Ellison took time out from talking up his company's cloud strategy to remind the audience that the database giant is in the hardware business, too – all the way down to the silicon. Many of Oracle's "engineered systems" are powered by Intel processors – and Intel …
Neil McAllister, 29 Sep 2014

Wanna change the world but need cash? Fret not: Billionaire Eric Schmidt has some spare change

Billionaire Google executive chairman Eric Schmidt is putting up one million dollars of his own money to fund technological innovation. Speaking on This Morning on CBS, Schmidt, said to be worth $8.3bn by Forbes, said he wants to "put my money where my mouth is". The cash will be awarded to individuals or groups that are using …
Shaun Nichols, 25 Feb 2014
secondary age school kids outside NBN truck

Turnbull appoints Simon Hackett, Justin Milne and Patrick Flannigan to NBN Co board

Australia's communications minister Malcolm Turnbull has followed through on his promise to appoint people with experience delivering “linear infrastructure” to the board of NBN Co, the organisation charged with building Australia's National Broadband Network (NBN). Turnbull today announced that Internode founder and iiNet board …
Simon Sharwood, 12 Nov 2013
hurrah

Police in U-turn as 'shop a gun-owner' hotline is scrapped

Downrange A Crimestoppers hotline set up specifically to target legal gun owners has been shut down following a campaign by the Countryside Alliance. The hotline was set up after the Association of Chief Police Officers (ACPO), the trade union for top cops in Blighty, announced a raft of measures targeting the licensed firearms community …
Gareth Corfield, 09 Nov 2014
Oracle headquarters

First day of Hurd'n'Catz at Oracle: It's dis-fur-pointing for Wall St

Oracle posted results that missed analysts' expectations yet again on Thursday, in a Q1 2015 earnings report that was all but overshadowed by the unexpected news that Larry Ellison has stepped down as CEO. Revenues for the quarter were $8.60bn, a scant 2.68 per cent gain over the same period a year ago and below even the lowest …
Neil McAllister, 18 Sep 2014
management management4

Emulex execs in boardroom-chair-swap as investors circle

Emulex execs have performed a three-way exec and boardroom chair swap as activist investors look for ways to squeeze the company for a big payday. Board chairman Paul Folino reverts to being a director, CEO Jim McCluney becomes executive chairman, and president and chief operating officer Jeff Benck becomes CEO and president. …
Chris Mellor, 16 Jul 2013
Dropbox IOS

Googorola's Dennis Woodside shuffles over to Dropbox

Googorola employee Dennis Woodside has reportedly been lured away from his role as chief exec of Motorola Mobility, ahead of its sale to Lenovo, to the newly created chief operating officer position at cloud sync and backup firm Dropbox. Woodside has been with Google for more than ten years and most recently headed up the Moto …

Ditch your boring iPhone for a hot Android piece, says Google's TOTALLY UNBIASED Eric Schmidt

Google executive chairman Eric Schmidt has shown that as a marketer, diplomat and technical writer, he makes a pretty good figurehead/roving-technology-talker-upper – by penning Eric’s Guide: Converting to Android from iPhone. That'll be the Android mobile operating system from Google. There's precious little in the guide you …
Simon Sharwood, 25 Nov 2013

The Schmidt hits the Man: NSA spying on Google servers? 'OUTRAGEOUS!'

Google's executive chairman Eric Schmidt has branded the NSA's alleged surveillance of web giants' data centers "outrageous". Speaking to The Wall Street Journal, Schmidt lashed out at American spooks after documents from whistleblower Edward Snowden suggested Google and Yahoo! data center links were being snooped on. "It's …
Shaun Nichols, 04 Nov 2013
Google chairman Eric Schmidt, speaking at the 'How Green Is the Internet Summit'

Google's Schmidt predicts end to global censorship in a DECADE

Google executive chairman Eric Schmidt has been shooting his mouth of again – this time predicting the end of global internet censorship within a decade. The Chocolate Factory supremo was speaking at Johns Hopkins University on Wednesday. "First they try to block you; second, they try to infiltrate you; and third, you win. I …
Phil Muncaster, 21 Nov 2013
SuperTim's bacon bounty sarnie

Pricey buys bring home bacon for Alternative Networks...sort of

Hauling in a heavy duty sales director and forking out millions for acquisitions has finally got the revenue dial moving in the right direction for AIM-listed Alternative Networks. It's not done the same for profits, though. The top line had stagnated and operating profits dipped in the previous fiscal year, so the comms-managed …
Paul Kunert, 05 Jun 2014
The Register breaking news

Quickflix top brass exec exits

Australian IPTV aspirant Quickflix has suffered a sudden executive exodus ahead of a pending announcement on a new mystery strategic investor. In a surprise move Quickflix CEO Chris Taylor and deputy chairman Justin Milne have both announced their departures from the company. Another non-executive director, Susan Hunter, is also …
RIM BlackBerry Curve 9360

BlackBerry flings John Chen $89 MILLION to save troubled firm

BlackBerry has announced that its new chairman and interim chief John Chen will get $3m in salary and bonuses as well as stock options worth around $86m. The floundering mobile phone firm surprised everyone earlier this week when it said that instead of selling itself off to Fairfax Financial Holdings, it was going to axe chief …
The Register breaking news

TalkTalk bigwig parks knighted-rear in cursed YouView chair

Retail genius Sir Charles Dunstone will chair the YouView consortium until a permanent appointment can be made. Sir Charlie co-founded The Carphone Warehouse and is chairman of budget ISP TalkTalk. TalkTalk has been a YouView member since 2009. The ISP offers a free YouView box and claims to be adding 10,000 punters a week - …
Andrew Orlowski, 06 Mar 2013
Microsoft cheif software architect Ray Ozzie

Ex-Microsoftie software hotshot Ozzie joins HP board

HP needs to understand consumers better and build a software business as well, so it has added three more board members to help CEO Meg Whitman's ongoing turnaround of the IT giant. Ray Ozzie, of Lotus and Microsoft fame, is no doubt the most important addition, but given the experience of two other new board members running …
management cloud2

Leading like Mad Leo: HP's Whitman rolls out Apotheker's PC plan

There’s something in the water at Hewlett-Packard. No, I’m not referring to the "HP Way", that pseudo-Victorian philanthropic work creed. It’s the propensity for those running this tech giant to make really big bets — multi-billion-dollar rolls of the dice have become standard operating procedure. Three of HP’s most recent …
Gavin Clarke, 07 Oct 2014
Barbed wire surrounding communications tower

Schmidt: Social networks will FREE THE PEOPLE of China

China's thirst for social networks will help the country's citizens smash through its rigid state control, Google executive chairman Eric Schmidt has claimed. He said during a conference in London on Monday that popular sites such as Weibo and WeChat would help to liberalise the People's Republic. Schmidt spoke of a meeting he …
Kelly Fiveash, 26 Nov 2013

Misco set to snap up Phoenix's network ops centre AND its staff

Phoenix IT Group is set to offload its network operations centre in High Wycombe to Misco, TUPEing across staff in the process. The lease on the building is expected to be assumed by direct marketing reseller Misco, which, under the guidance of former Dell exec Pim Dale, is trying to rely less on tin shifting by building a …
Paul Kunert, 14 Feb 2014
TerminatorGoogle

Google pulls SCHAFT out of military honeypot, sprays gold at bot team

The team behind SCHAFT, the best-built bot so far in the DARPA Robotics Challenge, will stop dipping into the $1m prize pot it was awarded by the US military – and will instead rely on funds from its new owner, Google. "The decision by Team SCHAFT to self-fund allows DARPA to expand the competition and further develop disaster …
Iain Thomson, 24 Mar 2014

Bono bests Bezos in Fortune's 'World's 50 Greatest Leaders' list

Fortune has published its list of the worthies they deem to be the "World's 50 Greatest Leaders", and the tech world is represented in the top 10 not by a Zuckerberg, Page, Ellison, or Brin, but by Amazon's Jeff Bezos, whom Fortune describes as "an extremely rare combination of visionary and master builder." Jeff Bezos Top tech …
Rik Myslewski, 21 Mar 2014
Larry Ellison, photo by Oracle Corporate Communications

Why Oracle CEO Larry Ellison had to go ... Except he hasn't

Analysis What's the difference between God and Larry Ellison? God doesn't think he's Larry Ellison. So goes the title of Mark Wilson's 2003 biography on Ellison, Oracle's now former chief executive – a man who by force of will forged a multi-billion dollar software empire. In the process, Ellison became not just the best-rewarded CEO on …
Gavin Clarke, 19 Sep 2014
The Register breaking news

Nominet chairman embroiled in governance row

Nominet chairman Bob Gilbert sits on a committee to determine the salaries and bonuses of senior executives, but not his own. Critics say this contravenes the not-for-profit domain registry's corporate governance rules, but Nominet denies any such breach. (Editor's note: Nominet argues that Gilbert is only technically an …
The Register breaking news

Intel chairman Craig Barrett retires

Intel had announced that its chairman, Craig Barrett, will retire at the company's annual stockholders' meeting this May. No reason was given for the retirement. The Reg has contacted Intel for clarification, but has not immediately received a response. We'll update you when we do. Barrett's announcement comes just two days …
Rik Myslewski, 23 Jan 2009
The Register breaking news

Eric Schmidt to unload 42% of his Google stake

Google executive chairman Eric Schmidt has announced plans to sell off nearly half of his stake in the online ad giant over the next 12 months. According to an SEC filing on Friday, Schmidt – who served as Google's CEO from 2001 to 2011 – currently owns around 7.6 million Class A and Class B shares in the company, representing …
Neil McAllister, 09 Feb 2013
steve jobs obit apple ceo

Techies CAN sue Google, Apple, Intel et al accused of wage-strangling pact

Employees at top Silicon Valley companies can sue bosses accused of entering a secret pact that kept salaries down, a judge in California has ruled. The lawsuit claims that between 2005 and 2007 Apple, Google, Intel, Adobe, Intuit, Pixar and Lucasfilm entered into non-compete agreements to end the practice of poaching of staff …
Iain Thomson, 16 Jan 2014
Turnbull with Switkowski in Blacktown

NBN Co to test basement fibre for offices, apartments

NBN Co has announced a test designed to get it around one of the thornier roadblocks in its rollout, the handling of offices and apartments. The company rolling out some kind of national broadband network to Australia has announced that it will trial taking fibre as far as the basement or comms room of the building, and leave …
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 …
Video camera

Anonymity is the enemy of privacy, says RSA grand fromage

RSA Europe 2013 A dogmatic allegiance to anonymity is threatening privacy, according to Art Coviello, executive chairman of RSA. Coviello cast anonymity as the "enemy of privacy" because it gives "free reign to our networks to adversaries" with "no risk of discovery or prosecution." The head of EMC's security division told delegates at the RSA …
John Leyden, 29 Oct 2013
grab_that_cash

Brit biz-gobbling comms giant Daisy Group splutters with indigestion

Biz broadband and comms giant Daisy Group has faced a challenging 12 months as its operating losses widened and organic growth stalled. In its financial year to 31 March 2013, the company-gobbling Lancashire-headquartered firm recorded revenues of £351.5m - up less than one per cent on the previous year. It also completed two …
Paul Kunert, 18 Jun 2013
The Register breaking news

Google given a month to wriggle out of Euro antitrust smackdown

Google must convince its rivals that it competes fairly in the web search market or else face sanctions for alleged "abuse of dominance", a European watchdog warned today. And the clock is ticking. The ad giant now has a month to come up with a solution to complaints that it favours its own services over its competitors' …
Kelly Fiveash, 19 Dec 2012

Google says it paid TOO MUCH tax, wants $83.5m refund

Not content with slashing its tax burden by channeling profits through overseas subsidiaries, Google now says it has actually overpaid $83.5m in tax – and it's suing the US Internal Revenue Service to get it back. The dispute dates back to 2004, when America Online exercised a warrant to buy approximately 7.4 million shares of …
Neil McAllister, 28 Jun 2013
The Register breaking news

IT'S ALIVE: Groupon stock up, spreadsheets still soaked in red

Groupon shares rallied in after-hours trading last night, jumping at least 10 per cent - after the daily deals site announced a better-than-expected rise in revenue. The voucher bazaar is still making a loss, however. Investors have been more optimistic about the site's stocks since co-founder and chief Andrew Mason was ousted …

Microsoft FAILS to encrypt data centre links despite NSA snooping

Microsoft has admitted it doesn't yet encrypt "server-to-server" communications, although it plans to review its security arrangements in the wake of ongoing revelations about NSA spying. The non-cryption admission, made by a senior Microsoft legal officer during an EU inquiry, comes shortly after leaks by whistleblower Edward …
John Leyden, 14 Nov 2013
Google Glasses will not be welcome at one Seattle bar

Congress: It's not the Glass that's scary - It's the GOOGLE

Comment Google Glass is wrapped around the faces of only a few thousand people right now. The company says the device is in very early beta mode. And yet lawmakers in the US have already pounced on the company demanding answers about how the privacy of netizens using the gizmo will be protected. But it would seem that Congress has …
Kelly Fiveash, 17 May 2013
Samsung Galaxy S III Mini

Android? Like Marvin the robot? Samsung eclipses Google OS - Gartner

Samsung's soaraway successful Galaxy smartphones are starting to overshadow their Google-built Android operating system. That's in the mind of the public at least, who can't tell the difference between an Android mobe and a Samsung Galaxy, according to Gartner. Gartner Analyst Anshul Gupta explained in the report Mobile Phones, …
Anna Leach, 13 Feb 2013

Schmidt 'very proud' of Google's tiny tax bill: 'It's called capitalism'

Google executive chairman Eric Schmidt has dismissed criticism over how little corporation tax his company pays, saying it's just capitalism. Schmidt is "very proud" of the corporate structure Google set up to divert profits made in European countries, such as the UK, to its firms in the low-tax havens of Ireland and The …