Kwon Oh-hyun, CEO of Samsung Electronics and Samsung Display, vice chairman and head of Samsung’s components division has announced his resignation. He will step down from the role as well as his position on the board in March 2018.
Kwon Oh-hyun said in a letter to the employees:
It is something I had been thinking long and hard about for quite some time. It has not been an easy decision, but I feel I can no longer put it off. As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company start anew, with a new spirit and young leadership to better respond to challenges arising from the rapidly changing IT [...]
While every Indian is ecstatic at the thought of Sundar Pichai becoming the newly appointed CEO of Google, how much do we really know about the whizkid who made it to the top ranks of the $66-billion revenue, $16-billion profit, company?
Here are a few things we should know about the Indian who made it to the top, for the sake of making our morning a little inspiring.
1. He was born in Chennai and did his schooling in PSBB Jawahar Vidyalay. He belonged to a modest family where his dad managed a warehouse that made electric components. It is from [...]
It’s always good news when we see a fellow Indian speedily climbing the ladder of success. Google’s Sundar Pichai, who earlier used to head the company’s strategic businesses, has been given more responsibility.
Larry Page, former CEO has handed over his responsibilities (and title) to Sundar Pichai. Meanwhile Larry Page, along with Sergey Brin, will be handling their new company – Alphabet.
And it is clear to us and our board that it is time for Sundar to be CEO of Google.
Before this Pichai, as the Senior Vice President, headed the most widely used OS in the world [...]
Angela Ahrendts, 54, Apple’s senior Vice President of retail and online stores, has received the biggest paycheck by any female executive, in the year 2014. She received a whopping sum of $82.6 million, according to the Bloomberg Pay Index.
Ahrendts is not only the highest paid female executive in a company but is also just a fraction behind Microsoft CEO Satya Nadella, who made $84.3 million.
In the list of top paid female executives, Safra Catz, the co-CEO of Oracle, was the second highest paid female executive who received $71.2 million in 2014 as the company’s then [...]
Mr. Lei Jun’s speech at the world premiere of Mi 4i, here in India has now got a funny angle to it. The CEO struggled with English language for his introductory speech, which is now remixed into a rap music video. Some chunks of his broken speech have been carefully edited and made into a funny video. The music video has gone viral and is getting more views and hits as its shared across all platforms on social media. The moments where he cheers for the crowd saying “Are you OK?” has become the highlight of the video.
Mr. Lei has taken this video with good humor and promised that he would work on his [...]
On 4th February 2014 Satya Nadella was announced the Chief Executive Officer of Microsoft Corporation. He joined Microsoft in 1992 and served leadership roles in both enterprise and consumer businesses across Microsoft for over 22 years. He served as Executive Vice President of Cloud & Enterprise Group and President of Server & Tools at Microsoft Corporation until 4th February, 2014. He led the transformation to the cloud infrastructure and services business. Satya Nadella joined the growing list of India-born executives heading major global corporations. The list already includes PepsiCo CEO Indra Nooyi and Deutsche Bank co-CEO Anshu Jain.
“The U.S. is looking to India as more than just a marketplace for our defense products, but as a technology, aerospace and strategic partner for our future endeavors”, said Kit Bond, a former US Senator. The current global technology scenario, clearly, highlights the rise of Indians in the worldwide market and as Indians, we take pride in it. After all, what is a country without its countrymen? And what do we toil for, if not our own country?
As India celebrates its 68th Independence Day, we bring to you the top Indian techies from all over the world that have done all they can and more to make India proud.1. Satya [...]
Microsoft has stated that they will not be naming a new CEO in 2013, defying speculation that the board wanted to make the announcement before the end of the year. The announcement came via a post on the official Microsoft blog by John W. Thompson, a member of Microsoft’s board of directors.
John Thompson said that the company has filtered its list of candidates from 100 to 20 to a smaller, though unspecified, number.
According to the Guardian, Thompson further said that as the list of potential successors has been narrowed and they have done deeper research, which is expected to be [...]
Apple today announced that Angela Ahrendts, CEO of Burberry, will be joining Apple in a newly created position, as a senior vice president and member of the executive team, reporting to CEO Tim Cook.
Angela Ahrendts, currently CEO of Burberry, has been recruited to fill a position that will be created especially for her when she switches allegiances next spring — as a senior VP responsible for the “strategic direction, expansion and operation” of Apple’s shopping experience. Ahrendts has already demonstrated that she can work with Apple, as Burberry helped to promote the launch of the iPhone 5s [...]
Microsoft’s Acquisition of Nokia Devices and Services will also result in the end of tenure for Nokia CEO Stephen Elop. After the completion of the deal, CEO Stephen Elop is to step down to become Executive VP of Devices & Services, and should join Microsoft (If he choses to do so).
The shift in rank should minimize any perceived conflict of interest during Elop’s transition: Nokia says.
Chairman of the Board Risto Siilasmaa will assume an interim CEO position while the company looks for a permanent replacement for Elop. Meanwhile, key Nokia executives Jo Harlow, Chris Weber, Juha Putkiranta and Timo Toikkanen are also expected to follow Elop to [...]
HTC is headed towards turbulent times it appears as more Key Execs depart HTC to pursue other interests. Asia CEO Lennard Hoornik, has also left the company, the news was later confirmed by HTC. This news comes after yesterdays report of VP of Global Communications and Chief Product Officer quitting. According to CNET, the CEO of HTC Asia Lennard Hoornik has also relieved his post, with regional CFO Chia-Lin Chang taking the reins until a formal replacement is named. Hoornik, who joined HTC from Sony Ericsson, also took care of India operations and was one of the key introducers at major launches around the Asia region.
Nokia Chief Executive Stephen Elop promised to unveil a new smartphone using Microsoft’s latest Windows 8 software soon, raising the prospect it will be launched in early September before rival Apple promotes its new iPhone.
The Finnish company, which is fighting for survival after losing out to rivals in the lucrative smartphone business, is due to hold a trade show in Helsinki on September 5-6, just before an Apple event on September 12 where the U.S. competitor could announce a redesigned iPhone.
Nokia, the world’s second-largest [...]