It is learnt that the board of Wal-Mart Stores Inc. has identified two internal candidates to succeed incumbent CEO Mike Duke. The contenders as per a reports by Bloomberg News, are Bill Simon and Doug McMillon. Though Duke isn’t expected to step down immediately, it is understood that Wal-Mart may name his successor soon.…
Category: Executive Movements
Intel Corporation Leadership appointments – Brian Krzanich as CEO, Renée James as President
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•Intel Corporation, the world’s largest and highest valued semiconductor chip maker, has found the successor of Paul Otellini, the current CEO, internally. Brian Krzanich, who is at present the Chief Operating Officer of Intel since January 2012 will assume the role of CEO, at the Intel annual stockholders’ meeting on May 16. He will become…
Joe Hogan to exit ABB as CEO
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•ABB, Chief Executive Officer Joe Hogan has decided to leave ABB for personal reasons. While there has been no disclosure on the date of his exit, he will continue in his role till a successor is identified. In a statement released by the company it was conveyed that Joe is committed to a smooth transition.…
Akamai Technologies appoints Sidharth Malik (ex Microsoft) as Vice President and Managing Director for India business.
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•Akamai Technologies, has appointed Sidharth Malik, the former senior Director at Microsoft India, as Vice President and Managing Director for Akamai India business. Sidharth will be responsible for leading and expanding Akamai’s India operations. He will be based out of Bangalore and report to Sanjay Singh, Senior Vice President & General Manager, Akamai Asia Pacific…
Ana M. Catafau joins Piramal Imaging as VP, Clinical Research and Development, Neurosciences
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•Piramal Imaging SA, a division of Piramal Enterprises, announced Ana M. Catafau, M.D., Ph.D., as vice president (VP) of Clinical Research and Development, Neurosciences. Dr. Catafau brings more than 20 years of experience in neuroimaging research with SPECT and PET both in academia and in the pharmaceutical industry. Her tenure includes 16 years with the…
Lupin Pharmaceuticals next-generation takes over the reins – Vinita Gupta, & Nilesh D Gupta
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•Lupin board of directors has approved the appointment of Vinita Gupta as Chief Executive Officer and Nilesh D. Gupta as Managing Director from September 2013. Vinita and Nilesh are children of Dr. Desh Bandhu Gupta, Lupin’s Founder and Chairman. Kamal K. Sharma, present the company’s Managing Director would move up as Vice-Chairman. Vinita Gupta, has…
Ivan Menezes, an Indian-Origin, is the new CEO of Diageo
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•Diageo plc, the leading premium drinks company, has appointed Ivan Menezes as its new Chief Executive Office. Ivan will take charge of the CEO’s role effective July 1, 2013. He will replace Paul Walsh who has been leading the firm for the past 13 years. Paul Walsh, will step down from the Board at the…
Anjan Lahiri Head of MindTree’s IT services Business quits.
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•Anjan Lahiri, President & Head of MindTree’s IT Services Business has quit post an organizational restructuring. MindTree moves to a new organization structure effective 1st July 2013. Under the present structure, Anjan had been heading the IT Services business and S Janakiraman had been heading the Product & Engineering business. Anjan would continue as a…
Microsoft names Amy Hood as new Microsoft chief financial officer
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•Akamai Appoints James Gemmell as Chief Human Resources Officer
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•James Gemmell has been appointed as Chief Human Resource Officer for Akamai. Genmmell, is a former Cisco executive and he brings over 25 years of global HR experience within high-growth organizations. Gemmell will lead Akamai’s global HR strategy including employee development, talent acquisition, inclusion and diversity, and compensation and benefits. He will report to…
D Shiv Kumar quits Nokia
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•Suzlon Group appoints Amit Agarwal as the Chief Financial Officer (CFO) of Suzlon Energy
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•Suzlon Group, the world’s fifth largest wind turbine maker, has appointed Amit Agarwal as the Chief Financial Officer (CFO) of Suzlon Energy. He will be taking over from Kirti Vagadia , and will report to the Chairman, Mr Tulsi Tanti. Kirti Vagadia would be focussing on his role as Suzlon Group Head of Finance, overseeing…
AstraZeneca appoints Marc Dunoyer as Executive Vice President, Global Portfolio & Product Strategy.
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•AstraZeneca has appointed Marc Dunoyer in the newly created role of Executive Vice President, Global Portfolio & Product Strategy. Marc will be responsible for driving business strategy, including business development, mergers and acquisitions, portfolio and product strategies. His most critical priorities will be to bolster the core growth platforms and therapy areas through well…
Satish Pradhan, Tata Group HR Head to step down
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•Airtel global brand head Bharat Bambawale quits.
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•Bharat Bambawale, the company’s brand head is another amongst the recent spate of exits from Bharti Airtel. He has been with the company since August 2011, and was designated as Director, Global Brand for Bharti Airtel Limited. Previously he was with JWT – London, where he was Globlal Team Leader for Unilever Hair Care product…