WeWork announced the appointment of Sandeep Mathrani as its new Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020. Mathrani holds an extensive leadership experience in the real estate sector. Mathrani will report to Marcelo Claure, who will remain Executive Chairman of WeWork. Mathrani replaces co-CEOs Artie Minson and…
Category: Executive Movements
Magma Fincorp Ltd appoints Deepak Patkar as CEO ABF Business
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•Mumbai-based asset finance company, Magma Fincorp Limited, announced the appointment of Deepak Patkar as its CEO ABF business. Commenting on the appointment, Sanjay Chamria, Vice Chairman and Managing Director, Magma Fincorp Limited said, “Deepak has been working with us since Sep 2018 as Group Chief Risk Officer and has been a member of the strategic…
Donna Morris exits as Adobe EVP and CHRO, Gloria Chen to take over
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•Adobe has announced a number of organizational changes to its executive leadership team. Executive Vice President and Chief Human Resources Officer (CHRO) Donna Morris will be leaving the company, and Vice President Gloria Chen will be stepping into the CHRO role effective immediately. A 20-year Adobe veteran, Chen was most recently Executive Vice President of…
DXC Technology appoints Chris Drumgoole as Chief Information Officer
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•DXC Technology, announced that Chris Drumgoole has been named executive Vice President and Chief Information Officer. Drumgoole, who previously served as Chief Information Officer at GE, will report to Mike Salvino, DXC’s President and Chief Executive Officer. Drumgoole’s appointment represents the seventh addition to Salvino’s senior leadership team since he became CEO in September of…
Wipro CEO Abidali Neemuchwala resigns
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•Wipro CEO Abidali Neemuchwala has resigned from the position citing family commitments. Neemuchwala will stay on the role until a successor is appointed. As per the company’s statement, the Board has initiated a search to find its next leader. Rishad Premji, Chairman, said, “We thank Abid for his leadership and contributions to Wipro. Over the…
IBM appoints IITian Arvind Krishna as CEO
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•IBM appoints Arvind Krishna as its new CEO, replacing Virginia Rometty who was heading the IBM since 2012. In another appointment, IBM named Jim Whitehurst, CEO of Red Hat as its new President. Arvind Krishna is currently heading the IBM’s cloud and cognitive software unit and played a key role in the Company’s acquisition of…
Ralf Speth is set to retire as ED and CEO for JLR
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•Tata Motors Ltd has announced in a BSE filing that Ralf Speth, Jaguar Land Rover Automotive Plc (JLR)’s Executive Director and Chief Executive Officer, will retire from his current role at the end of his contract term in September 2020. In a BSE filing, N Chandrasekaran, Chairman of Tata Sons, said, “I want to thank…
Omnicom Media Group appoints Kartik Sharma as India CEO
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•Omnicom Media Group, a leading global media network, has named Kartik Sharma, former South Asia CEO of GroupM-owned media agency Wavemaker, as its India CEO. He will work with Priti Murthy, chief executive of OMD India, and Jyoti Bansal chief executive of PHD Media India, on chartering the continued growth of the agency brands in…
Orient Cement announces leadership changes
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•Orient Cement, a part of CK Birla Group, has appointed Soumitro Bhattacharyya, as the Chief Financial Officer of the Company w.e.f. January 29, 2020. Bhattacharyya will succeed Sushil Gupta as he resigned from the position of the Chief Financial Officer of the Company w.e.f. January 29, 2020 due to his personal reasons. The company shared…
BAJAJ AUTO appoints Rahul Bajaj as Non-executive Chairman
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•Rahul Bajaj, the Whole-time Director and Chairman of the company who has been a Director of the Company since 1 April 1970, was last re-appointed by the Board for a five year term with effect from 1 April 2015. The tenure of appointment of Rahul Bajaj as Executive Chairman is expiring on 31 March 2020.…
Match Group names Sharmistha Dubey CEO
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•Match Group has announced that after 14 years, Mandy Ginsberg will be leaving the company and stepping down from the Board of Directors. Ms. Ginsberg will be handing the reigns to her longtime deputy, Shar Dubey, who currently serves as the President of Match Group. Ms. Dubey will assume her role effective March 1. The…
Amol Soin named as JanOne’s Chief Medical Officer
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•JanOne Inc., a company focused on finding treatments for conditions that cause severe pain and bringing to market drugs and therapies with nonaddictive pain-relieving properties, announced the addition of Amol Soin, MD as the company’s chief medical officer. Soin has been recognized multiple times as one of America’s Top Doctors and is the recipient of the Patient’s Choice Award, an honor given only to the top 1% of physicians in the country.
Cisco appoints AMD President and CEO Lisa T. Su to the Board
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•Cisco has announced the appointment of Dr. Lisa T. Su, AMD president, and CEO, to its board of directors effective today. Chuck Robbins, chairman, and CEO, Cisco said, “Lisa is an accomplished business leader with deep expertise in the semiconductor industry. We look forward to her contributions to Cisco’s board and our business as we…
Jay Parikh resigns from Facebook’s engineering division
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•Vice President of Facebook’s engineering department Jay Parikh on Tuesday announced that he is leaving the company. He is the newest addition to the long list of executives who left the company over the past years. Parikh, who was considered to be instrumental in creating the data center infrastructure of the company will be succeeded…
Kearney appoints Arjun A. Sethi as new Head of Asia Pacific
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•Kearney, a global management consulting firm, has named Arjun A. Sethi as the Regional Chair (elect) and new Head of Asia Pacific effective May 1, 2020. Arjun will oversee the business strategy and operations of Kearney’s business across Australia and New Zealand, Greater China, India, Japan and Southeast Asia. “Our Asia Pacific practice has been…