Here are the latest executive power moves that help explain everything that's going on at HP, Overstock, and Asana
- Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy.
- The Org tracks executive changes at companies big and small.
- Here's a snapshot of the most important executive moves of the week across tech, retail and financial services.
Every week we bring you an overview of the most important executive changes across a variety of industries.
This week, HP announced that CEO Dion Weisler will be stepping down as the leader of one of the world's largest PC-makers later this year for family health reasons. Read more about this and other notable executive changes:
Enrique Lores appointed President and CEO of HP Inc.
HP Inc. has appointed Enrique Lores as President and CEO effective November 1. Dion Weisler is stepping down as CEO due to a family health matter and he will be returning home to Australia. Lores, a Spaniard who joined the company as an intern 30 years ago, will work with Weisler through January 2020 to aid with the transition, the company said. He is currently serving as the President of HP's $20 billion Imaging, Printing & Solutions business.
Founder of Overstock steps down as CEO following "deep state" comments
Patrick Byrne, the controversial Founder of Overstock, has stepped down as CEO following a strange post where he claimed that he helped the FBI carry out political espionage. The statement triggered a steep decline in Overstock's stock price which rebounded after it was announced that Byrne would step down. Jonathan E. Johnson III has been appointed Interim CEO.
Asana appoints two female SaaS industry veterans to its board of directors
Asana, a work management platform software for teams, has appointed Lorrie Norrington and Sydney Carey to its Board of Directors. Both women bring extensive SaaS experience from companies like eBay, Intuit, and Sumo Logic. Last year, Asana completed its Series D and Series E funding rounds, bringing the company's total valuation to $1.5 billion.
Citrix hires SAP executive Arlen Shenkman as Chief Financial Officer
Citrix has hired Arlen Shenkman as Chief Financial Officer who joins the company after 14 years at SAP. Shenkman most recently served as Executive Vice President and Global Head of Business Development and Ecosystems where he was responsible for driving business development by building new ecosystems, fostering strategic partnerships, incubating new business models, and overseeing investments and mergers and acquisitions.
MetLife expands leadership team with new Head of Global Technology and Operations
MetLife has appointed Bill Pappas as Head of Global Technology and Operations, effective November 19. Pappas joins MetLife from Bank of America, where he was the head of operations for the consumer, small business, wealth management and private banking businesses. Pappas was chosen as one of Bank Systems & Technology's "Elite 8" as a CIO who embraces change and innovation to achieve competitive distinction.
Christian Wylonis is the co-founder and CEO of The Org, where you can meet the people behind the world's most innovative companies, explore organizational charts, stay updated on team changes, and join your own company.