AIG Names Chief Auditor Gallo as New CIO
American International Group reported that Martha Gallo has been named CIO. She succeeds Philip Fasano, who has left the company to pursue other opportunities. Gallo has been EVP and Chief Auditor of AIG before taking up the CIO role.
Siemens Announces CIO Changes
Siemens appointed Helmuth Ludwig as new CIO, thus assuming responsibility for global IT at the company. He succeeds Norbert Kleinjohann, 62, who is retiring. Ludwig was previously Chief Digital Officer of the Product Lifecycle Management (PLM) Business Unit at Siemens' Digital Factory Division.
JPMorgan Chase Announces CIO Changes
JPMorgan Chase promoted Lori Beer to CIO for corporate and investment banking. She remains managing director of global technology, overseeing banking operations, including investment banking and treasury services. Her predecessor, Mark Ashton-Rigby, is leaving for Barclays Plc.
Vell Executive Search looked into the major HR changes in the Fortune 1000 for the twelve months ended April 2016. We use the CHRO term to encompass the top role of HR, as there are a variety of titles.
BT Group Appoints CEO of BT Technology, Service and Operations and Group CIO
BT Group has appointed Howard Watson as the CEO of BT Technology, Service and Operations and Group CIO. Watson is currently BT Chief Architect and MD Global IT Platforms, and will replace Clive Selley, who is taking over as CEO of Openreach. BT TSO manages the company's internal and external platforms, including TV, Mobile and Conferencing, as well as BT's R&D unit at Adastral Park, Suffolk.
Yahoo! CISO Alex Stamos Joins Facebook
Yahoo’s CISO Alex Stamos joined Facebook as Chief Security Officer. Stamos had joined Yahoo! a year back and led what the company refers to as its team of "Paranoids". Stamos is the former CTO of Artemis, a division of NCC Group. He is also a co-founder and partner at iSEC Partners, a strategic digital security organization. He is an experienced security engineer and a leading researcher in the field of web application and mobile security.
Home Depot Names CISO from Time Warner
Home Depot, the do-it-yourself retailer that suffered a massive data breach last year, has hired Jamil Farshchi as its first chief information security officer. Farshchi will manage information security, data protection and vulnerability management. Farshchi most recently was CISO at Time Warner where he created a federated, risk-based security program. Prior to Time Warner, he was VP for global information security at Visa where he was responsible for protecting the company’s consumer payment card transactions, among other duties.
AIG Appoints New CIO from Kaiser Permanente
American International Group has named Philip Fasano to the newly created role of Executive Vice President and Chief Information Officer. Fasano joins AIG from Kaiser Permanente, where he was Executive Vice President and Chief Information Officer. Prior to that, he founded Capital Sourcing Group in 2005, a company focused on providing strategic advice, and consulting services to the Fortune 500 and the Department of Homeland Security. In addition, Fasano has served in IT leadership roles at Capital One Financial, JP Morgan Chase, Deutsche Financial Services, Bankers Trust, among other companies.
Former MIT Exec Joins as Board Member of AIG
American International Group (AIG) nominated Theresa M. Stone, 68, former EVP and Treasurer of the Massachusetts Institute of Technology, to board. In her role as EVP and Treasurer, she is responsible for M.I.T.’s capital programs, facilities, HR and IT, and served as M.I.T.’s CFO and Treasurer. Prior to that, she served as EVP and CFO of Jefferson-Pilot Financial (now Lincoln Financial Group).
Seagate's Online Backup & Cloud Storage Subsidiary Appoints Marketing Head for Europe
EVault, a Seagate company involved in Online Backup & Cloud Storage Services, appointed Aad Dekkers as its Director of Marketing for Europe, the Middle East, and Africa. Prior to joining EVault, Dekkers served as CMO at MTI Europe, where he was responsible for marketing, business development, strategy, and acquisitions in