HTC Asia CEO Lennard Hoornik is the latest reported exec departure (update: Head of Global Digital Service as well)

HTC Asia CEO Lennard Hoornik is the latest reported exec departure

Turbulent times at HTC, it seems. Earlier today, we reported a pair of high-profile exits from the company — one rumored and one confirmed — and now we’re looking at another. According to CNET, the CEO of HTC Asia Lennard Hoornik has also abandoned his post, with regional CFO Chia-Lin Chang taking the reins until a formal replacement is named. Hoornik, who joined HTC from Sony Ericsson, allegedly left the Taiwanese handset maker after a two-month period of absence. Did he jump, or was he pushed? And, are these exec departures linked in any way or mere coincidence? We’ve reached out to HTC for confirmation and comment, so let’s hope there’s someone still working there to answer us.

Update: We have received the following confirmation from HTC:

“HTC can confirm that Lennard Hoornik has left HTC to pursue other interests. We appreciate his contributions to our South Asia efforts over the past year and wish him all the best. HTC’s CFO, Chialin Chang will provide interim leadership in this strategic region while we work to find a permanent solution.”

Update 2: According to a source of ours, Head of Global Digital Service Elizabeth Griffin will also be leaving HTC later this week to join Nintendo.

Filed under: , , ,

Comments

Via: The Verge

Source: CNET

Microsoft’s Amy Hood named CFO as Peter Klein departs

Microsoft's Amy Hood named CFO as Peter Klein departs

If you’ll recall, Microsoft revealed as a footnote to its Q3 2013 earnings report that then-CFO Peter Klein would be stepping down. Today, we’re learning a bit more about the transition. Starting right now (well, a few minutes ago), corporate vice president Amy Hood has been moved up to chief financial officer, and while Klein is set to remain onboard through June, Hood is grabbing the title right away. Prior to this role, Hood served as CFO for Microsoft’s Business Division, and has been with the company for just over a decade. Asked if she had any immediate plans, she softly nodded and whispered: “I’m bringing Clippy back.” Just kidding. But that would’ve been awesome.

Filed under:

Comments

Source: Microsoft

Microsoft posts Q3 2013 earnings, generates $6.06 billion in profit as its CFO steps down

Microsoft posts Q3 2013 earnings, generates $606 billion in profit as its CFO steps down

Microsoft’s fiscal third quarter earnings (the calendar’s first) can reflect the post-holiday lull, and there’s a certain truth to that for Q3 2013: the company is reporting $20.49 billion in revenue, lower than what it saw during the holidays, and an equally soft $6.06 billion in profit that dipped below both the previous quarter and the same period last year. That said, any potential slowdown in PC sales isn’t clearly manifested here. Possibly owing to the afterglow of the Windows 8 launch, the Windows Division’s revenue of $5.7 billion is a sharp increase from the $4.62 billion of a year ago, and it’s dampened mostly by having to defer $1.09 billion of that revenue for those who took advantage of Windows 8 upgrade deals. The company also posted healthy year-over-year revenue gains for its Entertainment and Devices Division (to $2.53 billion) and Online Services Division (to $832 million), although the Business group saw a relatively modest 8-point jump to $6.32 billion despite the launches of Office 2013 and Office 365.

As part of the results, CFO Peter Klein has given advance notice that he’s leaving Microsoft at the end of the company’s fiscal year, which ends in June. Neither the company nor Klein has explained the departure, but it’s characterized as a friendly one, rather than the abrupt exit we saw the last time around.

Filed under: , , ,

Comments

Source: Microsoft

Google CFO says the Motorola pipeline doesn’t ‘wow,’ hasn’t heard of the Osborne Effect

Google CFO says the Motorola pipeline doesn't 'wow,' may want to read up on the Osborne Effect

Common wisdom would suggest that executives talk up their existing device lines to keep customers buying until the next generation is ready. Leave it to Google CFO Patrick Pichette to think outside the box, if not necessarily for the better. He told guests at the Morgan Stanley Technology Conference that the current roster, while good, doesn’t “‘wow’ by Google standards” — it reflects the 18-month device pipeline that fell in Google’s lap when it acquired Motorola last year. As such, we won’t see the full fruits of collaboration until Google has owned Motorola for long enough to put its own spin on products. While the remarks stoke the fires of anticipation for any future flagships, they may have unintentionally produced an Osborne Effect: however advanced Motorola’s phones will be in the near term, customers may still have the nagging suspicion that something better is just around the corner.

Filed under: , ,

Comments

Source: The Verge

RadioShack parts company with CEO James F. Gooch in management shakeup

RadioShack tells CEO James F Gooch to go home, cos he cant stay thereRadioShack’s board of directors have asked current CEO James F. Gooch to step down from his position, effective immediately. While the management team doesn’t have a replacement in mind, current CFO Dorvin Lively will assume control of the retailer while a recruitment agency begins headhunting. Neither party offered any reasons for the announcement, but the wording of the release (below) did bring to mind the phrase “bloodless coup” for some reason.

Continue reading RadioShack parts company with CEO James F. Gooch in management shakeup

Filed under:

RadioShack parts company with CEO James F. Gooch in management shakeup originally appeared on Engadget on Wed, 26 Sep 2012 12:12:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

Verizon CFO buries his head in the sand, claims unlimited data is ‘going by the wayside’

Verizon CFO buries his head in the sand, claims unlimited data is 'going by the wayside'

“La la la la. I can’t hear you.” Verizon’s CFO, Fran Shammo, might’ve just as well made those comments with his hands firmly cupped over his ears, as the firm’s chief number cruncher told attendees at today’s Goldman Sachs investor conference, “Unlimited is just a word, it doesn’t really mean anything.” While Sprint and T-Mobile would certainly take issue with that statement, Shammo then dug the hole deeper by saying, “That whole unlimited thing, I think, is going by the wayside.” These comments were made in the context of Shammo playing up the carrier’s shared data plans, wherein he explained his belief that consumers “think they consume a lot more data than they really do.” Shammo also revealed that Verizon has converted more subscribers and devices over to the new scheme than it’d initially anticipated.

Naturally, change within any industry takes time, but now that Sprint is in a position to offer unlimited data at a meaningful speed and T-Mobile has climbed aboard the bandwagon, Verizon may have to change its tune if a significant number of consumers decide that unlimited isn’t dead after all. You can view the entire transcript at the source link below, but consider this: would you take unlimited plans into consideration when shopping between carriers, or is Mr. Shammo right that consumers really don’t use that much data? Give us your thoughts in the comments below.

Filed under: , ,

Verizon CFO buries his head in the sand, claims unlimited data is ‘going by the wayside’ originally appeared on Engadget on Thu, 20 Sep 2012 17:56:00 EDT. Please see our terms for use of feeds.

Permalink 9to5Mac, CNET  |  sourceVerizon Wireless (PDF)  | Email this | Comments