Recent Tech Exec Turnover - 61 Open CIO, CTO, CISO Roles & 54 Appointments

And now, let’s start with an overview of this month’s trends. 

By the numbers, overall:

•      Total Tech Exec Roles Open: 61
•      New Tech Exec Appointments: 54 (4 women or 7.4%, 50 men)

The geographic breakdown of open roles and new appointments was as follows: 

New Tech Function Openings: 2 – Liquidity Services (Washington DC) and 84 Lumber Company (Pennsylvania). 

Tech Execs Appointed - Sources

Sources of Appointments: 43 were External appointments, and 11 were internal promotions. 

Others:  SVP or VP, Technology, VP-Business Transformation, VP-Research & Innovation, Founder, Director or Senior Director of IT, CFO, CIO to CTO, CTO to President, technology etc.

Diversity: 7.4% of the appointments are women Tech Execs.

Geographic Distribution: 42 in the US, 7 in Europe, and 5 in Asia/Russia/ Australasia.  

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | dora@vell.com
Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally.  www.vell.com

Nordstrom, Washington, $14.4B, January 2017
Nordstrom is searching for a technology executive to lead digital strategy following an executive-level shakeup in which the retailer’s chief information officer and chief technology officer announced their departures in the span of two weeks. The CIO title will be eliminated. The company plans to hire a new CTO by the end of the year who will be responsible for all aspects of technology at Nordstrom.

TE Connectivity, Switzerland - $14.26B, October 2015  
EVP and CTO, Robert Shaddock, plans to retire from the Company effective late in 2016.

Kellogg Company, Illinois - $13.5B, August 2016
Kellogg Company is seeking a VP, Chief Information Security Officer at the Kellogg Company in Oak Brook, IL.

Biogen, Massachusetts - $9.7B, June 2016
After just over a year in the position, Biogen CIO Matt Griffiths is no longer with the company. Biogen plans to fill the CIO position. Adriana Andi Karaboutis, Biogen’s EVP of technology, business solutions and corporate affairs, who looked after the role, has also left.

Turkcell Iletisim Hizmetleri, Turkey, $4.61B, August 2016
Turkcell Iletisim Hizmetleri AS announced that lker Kuruoz, who joined Company in 2006, and who has served as the EVP of Technology Group, has decided to resign from his position. *no replacement announced.

Teradata Labs, California - $2.53B, July 2016
Teradata Labs is looking for a CTO to join the Unified Data Architecture (UDA) Platform Technologies team.

Marvell Technology, Bermuda, $2.458B, September 2016
Dr. Zining Wu, CTO, notified Marvell Technology of his decision to leave Marvell. *The company did not announce whether it has yet found a permanent replacement.

Twitter, California - $2.2B, December 2016
Twitter's CTO Adam Messinger tweeted that he decided to leave the company and take some time off. Messinger didn't say where he was headed next.

Criteo SA, France - $1.62B, November 2016
Romain Niccoli resigned from his position as the company's Chief Product Officer effective December 31, 2016. Mr. Niccoli has agreed to serve the company in a consulting role for a period of time following his resignation.

Amedisys, Louisiana - $1.35B, October 2016
Amedisys announced that Martin B.  Howard, CIO, is leaving the company, effective October 31, 2016. Michael North, SVP of operations, will assume the role of interim CIO. North, a seasoned IT executive, most recently led Amedisys' successful conversion to the Homecare Homebase platform.

Informatica, California, $1.05B, September 2016
Informatica is looking for a CISO to lead the corporate security and data privacy.

US Government Publishing Office, Washington, DC - $773.4M, November 2016
U.S.  Government Publishing Office (GPO) named Tracee Boxley Acting CIO. Boxley replaces former GPO CIO Chuck Riddle, who has moved to the U.S.  Securities and Exchange Commission. Boxley came to GPO in 2006 as a Senior Customer Advocate for IT and was promoted to Deputy CIO in 2012. 

MicroStrategy, Virginia - $579.8M, June 2015    
MicroStrategy seeks a CISO, who will establish and develop global information security management programs for our internal systems and customer offerings.

Sheng Siong Group, Singapore - $577.4M, October 2016
Sheng Siong Group announced the cessation of Gary Pow Han Chin as CIO due to personal reasons. He is responsible for overseeing group's design, development, implementation and maintenance of the various computer systems required for operations, including Management Information System, as well as enterprise Resource Planning System, data recovery plans and back-up schemes.

Global Eagle Entertainment, California - $486.2M, November 2016
Global Eagle Entertainment and Aditya Chatterjee, the company’s CTO, have entered into a Separation and Release Agreement.

Splunk, California, $450.9M, September 2016
Splunk is looking for a CISO to lead the IT security.

ShoreTel,  California - $360.9M, May 2016
Pankaj Malhotra, the CTO of ShoreTel announced that he would be leaving the Company, effective June 30, 2016, on mutually agreeable terms. The company hasn’t announced any replacement yet.

Momo, China - $346.4M, October 2016
Momo announced that Zhiwei Li, CTO of the company, has resigned from the company for personal reasons.

Liquidity Services, Washington, DC - $316.5M, March 2017
Liquidity Services CIO, Mr. Leoncio Casusol, resigned from the company. While the company conducts a search for a new CIO, the responsibilities of the CIO will be shared by William P. Angrick, III, Chairman and CEO, and Roger Gravley, President of its state and local government marketplace.

StarTek, Colorado - $252.7M, October 2015       
Kamalesh Dwivedi, the company's CIO, separated from the company effective October 14, 2015.

Carbonite, Massachusetts - $188.6M, November 2016
David Raissipour tendered his resignation as SVP, Product and Engineering of Carbonite.

LogMeIn, Massachusetts - $166.3M, November 2014     
LogMeIn is seeking a CISO to serve as a subject matter expert and leader reporting into the CTO.  The CISO will lead a global team of four and be responsible for the security of LogMeIn’s suite of award winning software products (including secure development), product delivery (NOC), security features of our products (security design), internal infrastructure (development environment), and 3rd party services (CRM’s, etc).

Mastech Holdings, Pennsylvania - $123.50M, March 2016
On March 11, 2016, Denis D. Deet ceased to be VP of Technology and CIO of Mastech Holdings.

Spar Group, New York - $119.3M, April 2016
SPAR Group announced that its CIO, Panos Mastrogiannis will be leaving the company to pursue other opportunities, effective May 6, 2016.

ChannelAdvisor, North Carolina - $ 113.2, February 2017
ChannelAdvisor co-founder and CTO Aris Buinevicius is retiring.

*Replacement has not been announced, or if the role is vacant.

Just Dial, India - $104.2M, October 2016
Just Dial has announced that R. V. Raman, CTO of the company has resigned from the company.

Cartesian, Kansas - $80.6M, June 2016
Cartesian announced the termination of employment to Jim Baker, the Company's CTO and CIO and a named executive officer.

Kresta Holdings, Australia - $69.9M, April 2016
Albert Xu has resigned as CIO, a role he has filled since June 2014.

Spark Networks, California - $55M, October 2015        
Spark Networks announced that resignation of Gregory J. Franchina as a CIO, delivered a notice of resignation to the Company indicating that he intended to resign from the Company effective as of November 14, 2015. The Company intends to replace Mr. Franchina and has initiated the process of recruiting qualified candidates.

BSM Technologies, Canada - $39.7M, November 2016
BSM Technologies  announced that Alban Hoxha, CTO of the company, will be leaving the organization to pursue other opportunities, effective January 20, 2017.

CSB Bancorp , Ohio - $24.5M, February 2016     
CSB Bancorp  announced that Steven R. Bailey, EVP, COO and CIO of the company and its wholly owned affiliate The Commercial & Savings Bank, notified the company that he will be retiring and resigning his positions with the Companies, effective March 4, 2016.

Diadexus, California - $18.10M, March 2016
Diadexus announced that Dr.  Emilia Zychlinksy, EVP and Chief Technical Officer, notified the company on March 14, 2016, that she is resigning effective as of April 1, 2016. She will continue in that role until the effective date of her resignation.

Microphase, Connecticut - $9.12M, December 2016
The Company approved the appointment of Mr. Michael Ghadaksaz as the CEO of the Company. Prior to the Ghadaksaz appointment, Ghadaksaz served as the CTO and CMO. No tech chief replacement has been announced.

NMI Holdings, California - $7.1M, January 2015  
Stan Pachura, EVP and CIO, leaves. Pachura's current duties and responsibilities will be assumed by existing members of the Company's management team, until a replacement is chosen.

Uni-Pixel, California - $2.87M, January 2016
On December 28, 2015, Robert Petcavich, the SVP and CTO of Uni-Pixel, Inc, tendered to the company his resignation for personal reasons, effective as of December 31, 2015. Mr. Petcavich will continue to provide services to the company as a consultant.

B-Scada, Florida - $1.8M, April 2016
B-Scada announced that Joshua Weeks, CTO, resigned his position effective April 1, 2016.

SPYR, Colorado - $1.6M, April 2016
SPYR announced that effective March 31, 2016, Mark McGarrity, the Company's CIO, resigned his position with the company.

CannaSys, Colorado - $0.08M, March 2016
Brandon C.  Jennewine resigned from his position as CTO. Mr. Jennewine remains on the board of directors.

Sam's West, Arkansas, January 2017
Wal-Mart Stores CIO Karenann Terrell is leaving the company. Terrell has been with the company for six years, beginning as EVP of information systems. She was promoted to CIO in 2012 and has remained in the role for four years.

Activistic Holdings, Australia, November 2015   
The Company announced that Activistic Holdings Pty Ltd’s CTO, Mr. Shahab Zeinoghli has resigned effective 18 November.

Brookstone, New Hampshire, June 2015 
The CIO is responsible to oversee the development of corporate standards, technology architecture, technology evaluation and transfer; sponsor the business technology planning process; manage client relations; align IT with the business; and develop IT financial management systems.

Blucora, Washington, August 2015
Blucora is looking for a CISO who will be member of the company’s Operations Team.

Supreme Group, Washington, D.C., September 2015    
The CIO’s role is to provide vision and leadership for developing and implementing IT initiatives. The CIO directs the planning and implementation of enterprise IT systems in support of business operations in order to improve cost effectiveness, service quality and business development. She/he is also responsible & accountable for all aspects of the organization's IT and systems.

First Help Financial, Massachusetts, October 2015       
In order to continue rapid growth, FHF is looking for a highly motivated CTO with leadership and hands-on experience in programming, database, and team management. 

The Buckle, Nebraska, November 2015
The Buckle is seeking a CIO to direct, plan, and manage the company's Information Systems employees and resources to ensure the effective development, implementation, and oversight of all data processing, computer operations, and related functions (Communications, Office and Retail Store Systems, Production Activities, Data Warehousing, Merchandise Management, etc.).

Ingram Content Group, Tennessee, February 2016
The Ingram Industries subsidiary is looking for a CIO who is expected to develop and implement an IT strategy that meets current needs, establishes a foundation and roadmap for future direction, and is supported and endorsed by the business.

Allina Health, Minnesota, February 2016
The company seeks a CISO, who will be responsible for overseeing the information security program, including information security policy and the coordination of security efforts across Allina Health.

Utica National Insurance Group, New York, February 2016
The company is looking for a CIO for establishing the strategic direction of the Company’s IT architecture.

Leonard Technology Group, Florida, February 2016
The computer and network security company is seeking a CIO.

Peeple App, California, July 2016
Reputation management iOS app developer Peeple App is looking for a CTO helping to transition their company and position it for maximum growth.

New York Power Authority, New York, July 2016
New York Power Authority is looking for a Chief Security Officer (CSO) to build and sustain a Cyber Risk Framework that integrates Governance and Risk Compliance controls, requirements, oversight and validation into IT and Operational Technology (OT).

SafeAuto, Ohio, July 2016
Property and casualty auto insurance carrier SafeAuto is seeking a CIO who would build a IT model to meet current organizational needs and build for continued leveraging of technology services for the future.

Jellyvision Lab, Illinois, July 2016
Jellyvision is looking for a CTO, who will be business savvy and process-minded tech leader to integrate technology and business plans, make key architectural and infrastructure decisions.

4over, California, August 2016
Trade printer company 4over is looking for a CTO, who will be responsible for overseeing the organization's software development and technology infrastructure.

Sonesta Hotels & Resorts, Massachusetts, August 2016
Sonesta is seeking a CIO, who will be responsible for the successful delivery of IT strategies, services, and operations.

ChartSpan Medical Technologies, South Carolina, September 2016
Healthcare data company ChartSpan is looking for a CIO to lead the IT department.

Deloitte, Illinois, December 2016
Deloitte is looking for a CISO reporting to the CIO.

West Virginia University, Virginia, December 2016
West Virginia University is seeking an inspiring leader for the position of CIO/Associate Provost for Information Technology.

United Medical Center, Washington, D.C., December 2016
The Not for- Profit Hospital Corporation, commonly known as United Medical Center (UMC), is looking for a CIO to provide technology vision and leadership in the development and implementation of the affiliate-wide information technology (IT) program.

USA Truck, China, January 2017
USA Truck announced that effective January 5, 2017, Christian C. Rhodes' role as CIO of USA Truck.

U.S. Energy Department, Washington, D.C., January 2017
Michael Johnson, Energy Department chief information officer, has left the agency following an almost two-year stint with the organization. Robbie Green, principal deputy CIO for enterprise information resources management, has been named interim CIO.

United States Department of Defense, Washington, D.C., January 2017
Terry Halvorsen, who as the Pentagon’s CIO, is retiring at the end of February. Current principal deputy CIO, John Zangardi, is expected to step in as acting CIO.

84 Lumber Company, Pennsylvania, March 2017
84 Lumber is investing in building out its senior management team and is conducting a search for a CIO.

Other Moves:

Biogen - Adriana “Andi” Karaboutis, EVP of technology, business solutions and corporate affairs at Biogen, has left the company. Her exit comes less than a year after the departure of another IT executive and a broader executive shuffle at Biogen. Therefore it is unclear if the company is looking for a replacement.

Dell - Bask Iyer, former CIO and IoT manager at VMware, was named interim CIO of Dell in October 2016. His current LinkedIn profile shows him as CIO. Though there were no announcement on the same, but we are considering the role to be closed.

Oops! We Missed It

Hudson's Bay Company – There was no announcement on this, but Tiffany CISO Anthony Longo joined Hudson's Bay Company as CISO in November 2016, according to his Linkedin profile.

Tech execs appointed in 25 days ended March 14, 2017

Recent Appointments

GE, Massachusetts - $120.2B, February 2017Amit Phadnis

Ogilvy CommonHealth Worldwide, New Jersey, March 2017Chris Andrews

Bluefin Insurance Group, United Kingdom, February 2017Graeme Lalley