Cloudflare
The publicly traded cloud giant, Cloudflare, loses the Vice President and General Manager of the Americas Sales Organization, William Da Cuncha, to Seattle startup Statsig. The product experimentation platform, founded in 2021 by former Facebook engineers, appoints Da Chunga as its new Chief Revenue Officer.
Expedia
Expedia Group's stock continues to soar as Neo Ivy Capital Management recently acquired 15,086 shares valued at approximately $2,234,000. As hedge funds get antsy to increase their Expedia portfolios, the online travel giant welcomes a familiar face as its new Chief Product Officer. Shilpa Ranganathan’s 16 years of experience at Microsoft sends a great message, as well as the fact that the Expedia alum has some hallway cred as the former Director in Product Management.
Unisys
Michael M. Thomson will succeed the longest-serving CEO, Peter Altabef, of global technology solutions company, Unisys. Currently, the President and COO, Thompson was unanimously voted for the position and will retain his title of President. Altabef will remain chair of the board after he steps down effective April 1, 2025.
Avanade
Formed in 2000 by Microsoft and Accenture, the joint venture IT Consulting service, Avanade, promotes Gord Mawhinney as President of the Americas. The platform provides digital, cloud, and advisory services across all things Microsoft. Previously the CEO of Long View Systems, Mawhinney joined the tech company in 2016 and is poised to continue growth and build on the recent launch of Microsoft-powered AI Services to mid-market organizations in Asia Pacific.
Forbes
Meet the first female CEO in all of Forbes' 107-year history. Phillips joined Forbes in 1996 as a publisher, and with 28 years under her belt at the media empire, she gives the word tenure a whole new meaning. Most recently, the Chief Revenue Officer, Phillips will transition to CEO, effective January 1, 2025.
Coca-Cola
The $271 billion multi-national beverage corporation, Coca-Cola, promotes Henrique Braun as the new COO. Braun’s current role as EVP overseas operating units in Latin America, Africa, Eurasia and the Middle East, India and Southwest Asia, Japan and South Korea, Greater China and Mongolia, ASEAN and the South Pacific. As COO, Braun will inherit ownership of the North American and European business - a true decision-maker with almost 30 years of experience. Can you “taste the feeling?”
Zoox
Zoox, an Amazon-owned company dedicated to developing autonomous, all-electric ride-hail vehicles, poaches Gao from Tesla. Goa, having been with Tesla for 8 years as the Head of Autopilot Hardware Engineering jumps ship in pursuit of a new challenge. The automotive, clean energy company doesn’t seem too choked up as its stock went up over 4% on Friday and reached a record closing high of $436.23.
Dave & Buster’s
Dave & Buster’s Q3 results take an increasingly bigger tumble than last year’s flub. The Dallas-based arcade/restaurant reported a 10.2% drop in shares and a $32.7 million loss, citing bad weather and re-modeling setbacks for the plummet. CEO, Chris Morris, steps down amid the heat, and interim board chair, Kevin Sheehan, will fill in as the Eat, Play, Drink company battles to stay afloat.
Google
As Google charges the market in India and pushes its AI products in an ever-increasing competitive landscape, it designates Lobana as the new Country Manager and Vice President. Google’s messy history in India includes a $162 million fine by the country for anti-competitive practices on Android, and anti-trust regulators continue to open investigations. The Google vet will navigate this highly regulated internet and wireless market while leading Google’s India sales and operations.
Starbucks
Chinese coffee brands, Luckin and Manner, take a bite out of Starbucks’ market share. With China being the second largest market for the coffee mogul brand, it hires its first-ever Chief Growth Officer, Yang, to compete in the Chinese market amid a drop in sales. High prices ward off the younger demographic as they find cheaper local alternatives.
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