Google
Google Cloud, the third largest cloud provider in the world, bested by AWS and Microsoft Azure, hires Hayete Gallot as President of Customer Experience. Gallot joins from a 16-year career at Microsoft and completed her tenure as the VP of Commercial Solutions. This move aims to bring a renewed value perspective to customers and aid them in implementing emerging AI technologies. No jobs will be lost even as Gallot’s hire shakes up the internal reporting structure. The 13% global market share hyperscaler has remained among the big three for the last 7 years, and analysts forecast that the behemoth could hit $38 billion in annual revenue this year.
Panera Bread
In the wake of IPO uncertainties and a filing that has yet to be realized, Panera Bread is trying to rebound from its CEO stepping down last month by snagging 20-year Dunkin vet Santhosh Kumar as its new Chief Information Officer. Kumar will be responsible for the deployment of technology across more than 2,200 Panera cafés/outlets. Given his leadership in developing the Dunkin loyalty program, DD Perks, Kumar is well suited to spearhead the digital transformation of the fast-casual brand.
Southwest Airlines
Setting an ambitious cost-savings goal of $500 million by 2027, budget-friendly airline company Southwest Airlines taps airline vet Tom Doxey as the new CFO. Doxey has experience with United Airlines and Breeze Airways and brings a wealth of knowledge in aviation finance. Tammy Romo, the previous CFO, held the role since 2012 but joined Southwest in 1991. She will officially retire on April 1 after more than 3 decades with the Dallas-based airline company —talk about being in it for the long haul. Doxey will assume Romo's role effective March 10.
SharkNinja
Four-year Global Chief Creative Officer at Ikea trades in the Swedish furniture giant for SharkNinja. Karlsson will be the new Chief Creative Officer and EVP at the product design tech company starting March 3. In tandem with this new hire, SharkNinja will also open a creative design hub at 41 Madison Avenue in New York. The hub will be a spot for SharkNinja product testing and design prototyping based on customer input and feedback.
Fox Corp
Net income skyrockets from $109 million to $373 million in just one year as Fox Corp airs big-audience programs and runs ads surrounding the presidential election, MLB games, and the recent Super Bowl LIX. Previous COO John Nallen is now President and COO with a signed long-term deal extending to June 2028. Nallen currently serves as an advisor to CEO Lachlan Murdoch and previously held the CFO position at 21st Century Fox before Disney’s acquisition.
Okta
Previously, Eric Kelleher, President of Customer Experience and Communications, was promoted to President and COO of the identity and access management service Okta. Not long after, the single sign-on, cloud-based platform experienced Vontobel Holding Ltd. decreasing 26.1% of its stock investment. The private Swiss bank now has $9.62 million in stock holdings and Okta's stock price plummeted.
Smartsheet
Blackstone and Vista’s $8.4 billion buyout of Smartsheet was first announced last September but received approval in December 2024. With the deal finally completed, the cloud-based work management platform was yanked from the NY Stock Exchange last month, and shareholders were cashed out of ownership. Cynthia Tee, a former 20-year Microsoft vet, was promoted as the new CTO. Tee previously served as the SVP of Engineering.
Reginald Cineworld
Rebounding from the COVID-era and filing for Chapter 11 bankruptcy due to low ticket sales and cinema closures, Reginald Cineworld hires an industry expert, Adam Rymer. Rymer had executive roles at Legendary Entertainment and Universal Pictures and will serve as the Chief Commercial Officer, a new role at the second-largest global movie theater chain, following AMC.
Outreach
Laxton doubles back at Outreach for another run with the sales execution platform. Previously the SVP of Finance, Laxton returns as the new CFO, following his stint at Extensiv, a tech-based 3PL fulfillment company. Drew will lead finance, business operations, legal functions, and accounting.
Concord Technologies
Concord Technologies founder and CEO Chris Moore stepped down after more than 29 years of steering the cloud-based document exchange and interoperability software company that mainly services the Healthcare industry. William Cavanaugh joined the company as President in 2022 and was appointed CEO. The recent launch of Concord Connect, a hyper-speed document processing service that has the use case of streamlining patient information to improve care, comes on the heels of Cavanaugh’s appointment. This launch marks the beginning of operational efficiency and cost savings as your data is processed.
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