The 10 Most Important Executive Moves This Week
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This week, Facebook selects a new business chief to oversee its ad unit, Robinhood adds new directors ahead of a potential IPO, and Vivino gains a new CEO to guide its post-pandemic growth.
This week, Facebook selects a new business chief to oversee its ad unit, Robinhood names three new directors ahead of a potential IPO, and Vivino gains a new CEO to guide its post-pandemic growth.
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 Promotes 11-Year Veteran as First Chief Business Officer
Marne Levine, Facebook’s VP of Global Partnerships, Business, and Corporate Development, has taken on a new role as the company’s Chief Business Officer. The newly created role effectively fills the shoes of Chief Revenue Officer David Fischer, who announced his departure from the social media giant in March 2021.
2. Robinhood Adds Three New Board Members Ahead of Anticipated IPO
Three new members have joined Robinhood's Board of Directors as it gears up for one of this year’s most highly-anticipated initial public offerings. The new directors are Jon Rubinstein, a former Apple and Bridgewater Associates exec, Paula Loop, a PwC partner, and Robert Zoellick, former World Bank President.
3. Key Open-Source Executive Leaves Amazon Web Services
Larry Augustin, VP of Applications at Amazon's AWS, has left the company after two years, according to Business Insider. His departure is considered a major loss for Amazon’s business application and open-source software endeavor.
4. Disney Elects Amy Chang and Calvin McDonald to its Board
Two new directors have joined The Walt Disney Company’s Board of Directors: former Google executive, Amy Chang, and CEO of Lululemon, Calvin McDonald. The elections are effective immediately.
5. Google Maps Pulls New Boss From SiriusXM
Google has hired Christopher Phillips as the new executive in charge of its Geo team. Phillips, the former Chief Product and Technology Officer at SiriusXM, will officially join the Silicon Valley tech giant later this month and report to SVP of Search, Assistant & Ads Prabhakar Raghavan.
6. Citi Secures a Leader For Healthcare Super Group
Citigroup has formed a “super group” of investment bankers focused on deal-making in the healthcare and wellness industries, that will be led by Chuck Adams. Adams has spent the last 16 years with Goldman Sachs.
7. Vivino Recruits a New CEO to Chart Next Stage of Growth
Starting July 26, Vivino’s co-founder and current CEO, Heini Zachariassen will step down from his role at the top of the company that he created in 2010. In his place, Olivier Grémillon will step in to helm the world’s most popular wine app and largest online wine marketplace.
8. Beyond Meat Names Chief Finance, People, and Growth Execs
Plant-based meat giant Beyond Meat has named three new leaders to its c-suite as it enters a new phase of growth. These new hires are CFO Phil Hardin, Chief People Officer Margaret “Jackie” Trask, and Chief Growth Officer Deanna Jurgens.
9. HSBC Hires Citi Leader as it Divests US Assets
HSBC has reportedly hired Citigroup’s Willard McLane as its new Head of Global Corporate Development. He will help develop HSBC’s strategic initiatives, including searching for acquisition opportunities and technology partnerships.
10. Julie McNamara Steps Down as Paramount+ Head of Programming
EVP and Head of Programming at ViacomCBS-owned Paramaount+, Julie McNamara, is stepping down from her position after fifteen years with the company. It is likely that McNamara will be recruited into another high-profile position soon.
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