Zillow Group Appoints VP of Product at Slack as Board Member
Zillow Group announced that the appointment of April Underwood to the company's Board. Underwood is VP of product at Slack. She joined Slack as head of platform in June 2015. Underwood also is a founding member of #Angels. From 2010 until 2015, Underwood led product, marketing and business development teams as director of product at Twitter.
Alcatel-Lucent Announces Resignation of Board of Directors
Nokia announced the 100% ownership of Alcatel-Lucent following the completion of the Squeeze-Out of all remaining Alcatel-Lucent securities not tendered into the Public Buy-Out Offer, completing the acquisition announced 19 months ago. The composition of the Board has been modified to reflect the new ownership structure of the company. Independent directors Carla Cico, Jean-Cyril Spinetta and Sylvia Summers, as well as Board observers Gilles Le Dissez and Laurent du Mouza, resigned from the Board.
Cisco Appoints CTO for Security Solutions Division from Newly Acquired India-based Company Pawaa Software
Cisco has announced its first acquisition in India by taking over Pawaa Software. Pawaa's founder Prakash Baskaran has been appointed as CTO for Cisco's security solutions division. As CEO of Pawaa, he was solving the most critical challenges of file security with an innovative key management and file container technology. Prior to Pawaa, Prakash was founder of five other startups in the areas of VoIP services, HR/CRM solutions and B2B marketplaces. He has several years of work experience in industry-leading organizations such as AT&T, Lucent and IBM.
Cisco Names Worldwide Ops SVP Chuck Robbins as New CEO to Succeed John Chambers
Cisco has appointed Charles H. (Chuck) Robbins, 48, as the next CEO and appointed him to the board of directors. John T. Chambers, 65, currently CEO and Chairman, will remain on the board and assume the role of Executive Chairman. Robbins most recently served as Cisco’s SVP of Worldwide Operations, leading the company’s global sales and partner team that drives $47B in business. He was a key architect of the commercial business segment strategy, sponsored the security and collaboration businesses at the executive level and was a sponsor for the Sourcefire and Meraki acquisitions.
Cisco Promotes Executives as CEO Lines Up Successors
Cisco appointed Robert W. Lloyd, 56, as President, Development and Sales and Gary B. Moore, 63, as President and COO. Prior to his new appointment, Mr. Lloyd served as EVP, Worldwide Operations. He joined Cisco in 1994 and has served as SVP, US, Canada and Japan, SVP, EMEA, VP, EMEA, and General Manager of Cisco Canada.
Yahoo! Co-Founder Leaves Cisco Board
Jerry Yang, 43, is leaving Cisco Systems’ board. Yang co-founded Yahoo! in 1995 with David Filo and served as CEO from 2007 to 2009. He resigned from the Yahoo! Board and boards of Yahoo! Japan and Alibaba Group Holding earlier this year. He currently serves on the Board of Directors of the Asian Pacific Fund.
Juniper Adds Former Avago SVP to Board
Juniper Networks announced the appointment of Mercedes Johnson, 56, to its board of directors. Johnson brings more than 20 years of financial leadership and corporate management experience to Juniper Networks including her work as SVP & CFO for Avago Technologies. Prior to Avago, Johnson served as SVP & CFO at Lam Research Corporation. She has previously held executive leadership and management roles at companies such as Applied Materials, Nanometrics, NCR, and HP. Johnson has also been appointed to the board's Audit Committee.