The 10 Most Important Executive Moves This Week

This week, Facebook announced the departure of its revenue chief, GameStop lured another leader from Amazon, and Waymo announced its new Co-CEOs.

These are our top picks for the most important executive appointments and departures this week. For executive news updated daily, check out The Org's People on The Move.

1. Facebook’s Revenue Chief Departs as Social Media Comes Under Greater Scrutiny

Facebook’s Chief Revenue Officer, David Fischer, has decided to part ways with the company after over a decade of service. Facebook has stated it won’t fill Fischer’s vacated role and will instead create a Chief Business Officer position. Fischer will manage the search for the new executive, according to CNBC.

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2. GameStop Pulls a Third Amazon Hire For its Executive Team

Elliot Wilke will be the new Chief Growth Officer at GameStop starting in April, the company announced Tuesday. Wilke is now the third former Amazon employee that the video game retailer has pulled to build out a new executive team under the direction of board member Ryan Cohen.

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3. Waymo Alters Its Leadership Structure With New Co-CEOs

In a surprise Friday announcement, Alphabet’s self-driving car business, Waymo, revealed that John Krafcik plans to step down as CEO after five and a half years. In his place, the company will be led by two Co-CEOs Tekedra Mawakana and Dmitri Dolgov.

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4. Coinbase Finds Enterprise Compliance Head as It Plans to Go Public

Coinbase has tapped veteran Morgan Stanley lawyer Ian Rooney to take on the role as its new Head of Enterprise Compliance, according to a report by Bloomberg Law. When Rooney steps into his office at the largest U.S. cryptocurrency exchange he will be in charge of the enterprise compliance team and ensure the company is meeting all its legal obligations.

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5. Apple TV+ Brings on Zennen Clifton as a Creative Executive

Apple’s premium subscription streaming service Apple TV+ adds Zennen Clifton to its growing scripted development and programming team. Clifton joined the team in January, according to Deadline and will directly report to the Head of Development and Current Programming Matt Cherniss.

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6. HSBC Bank USA Announces New Head of Wealth and Personal Banking

Veteran retail banker Tara Latini will be the new Head of Wealth and Personal Banking at HSBC USA. She will replace Pablo Sanchez, and report directly to Michael Roberts, President and CEO of HSBC USA and Juan Parma, Regional Head of HSBC’s Wealth and Personal Banking (WPB) Americas.

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7. McDonald’s Recruits New General Counsel After Discrimination Lawsuits

McDonald's announced that it has named Desiree Ralls-Morrison as the company's next General Counsel and Corporate Secretary. Ralls-Morrison begins her role at fast-food giant’s Chicago headquarters on April 26 and will oversee its global legal operations and corporate governance.

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8. Vimeo Announces Anticipated Board Members Ahead of Spin-Off From IAC

Video hosting and sharing platform Vimeo has revealed the 11 board members the company plans on electing following its split from parent company IAC. The company, which is expected to become an independent company listed on Nasdaq during the second quarter of 2021.

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9. HSBC’s Saudi Unit Hires Muneera Aldossary as Chief Investment Officer

Muneera Aldossary is joining HSBC’s Saudi Unit as Chief Investment Officer according to Bloomberg, showing progressive changes in attitudes towards women in the Kingdom’s financial industry.

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10. Disney’s Freeform Loses Experienced Original Programming Leader

Disney-owned Freeform will need a new top exec to continue producing its own content after the departure of Lynn Barrie, per Deadline. Barrie, who is leaving Freeform after three-years for an unknown opportunity, had served as the company’s SVP Original Programming and Development.

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