Leadership Changes in the Technology Industry

Strategic Insights -

David Fu, a former executive at Equant Network Services, has been appointed as the new vice-president and general manager of Unisys' Greater China business, succeeding John Wen who retired after 21 years with the company. Meanwhile, Eric Kim, Samsung Electronics' former global marketing chief and executive vice-president, will join Intel on November 15 as vice-president and director of sales and marketing group. Additionally, Stephen Richards, McAfee's chief operating officer and chief financial officer, is retiring effective December 31, while Jeffrey Nick, an IBM Fellow, has been appointed as senior vice-president and chief technology officer at EMC. Pete Bocian has been promoted to senior vice-president and chief financial officer at NCR, and Charles Peters Jnr has been appointed executive vice-president and chief financial officer at Red Hat.

Key Takeaways:

  • David Fu joins Unisys from Equant Network Services, where he was vice-president of marketing and sales and Hong Kong general manager for two years.
  • Eric Kim brings global marketing expertise to Intel, having helped Samsung achieve the status of the world's fastest-growing brand during his tenure.
  • Stephen Richards leaves McAfee after serving as chief operating officer and chief financial officer since 2001, and will provide a clear leadership succession plan.
  • Jeffrey Nick, an IBM Fellow, joins EMC to execute the company's technology strategy and boost its information lifecycle management capabilities.
  • Pete Bocian has been in various roles within NCR, including vice-president of finance and interim chief financial officer, and now takes on the role of senior vice-president and chief financial officer.
  • Charles Peters Jnr brings over 30 years of financial experience to Red Hat, including 20 years in publicly traded companies.

Statistics:

  • 21 years: John Wen's tenure at Unisys.
  • 2 years: David Fu's tenure as vice-president of marketing and sales at Equant Network Services.
  • 24 years: Jeffrey Nick's service at IBM.
  • 2001: Stephen Richards joined McAfee as chief financial officer.
  • 30 years: Charles Peters Jnr's experience in the financial industry.
  • 20 years: Charles Peters Jnr's experience in publicly traded companies.
  • November 15: Eric Kim joins Intel as vice-president and director of sales and marketing group.
  • December 31: Stephen Richards retires from McAfee as chief operating officer and chief financial officer.

Sources:

  • Bloomberg L.P. (David Fu)
  • Equant Network Services (David Fu)
  • Samsung Electronics (Eric Kim)
  • McAfee (Stephen Richards)
  • IBM (Jeffrey Nick)
  • NCR (Pete Bocian)
  • Red Hat (Charles Peters Jnr)