Here are the latest executive power moves that help explain everything that's going on at Walmart, Coinbase and Lyft
- 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 retail, tech and media.
Every week we bring you an overview of the most important executive changes from the past week. This week, Walmart hired Suresh Kumar as Chief Technology Officer and Chief Development Officer reporting directly to President and CEO Doug McMillon. Read about this and other notable executive news:
Walmart hires Google executive as new Chief Technology OfficerWalmart has appointed Suresh Kumar to a new elevated role as Chief Technology Officer and Chief Development Officer reporting directly to President and CEO Doug McMillon. Kumar was most recently at Google, serving as vice president and general manager of display, video, app ads and analytics. Kumar joins at a time when Walmart is rapidly transforming its customer and associate experiences, and he brings more than 25 years of technology leadership experience coming from Google, Microsoft, Amazon and IBM.
Asiff Hirji leaves Coinbase in second executive departure this month
Asiff Hirji, the President & Chief Operating Officer of Coinbase has left the company after less than two years on the job. Hirji was a high profile hire for Coinbase joining the company from prominent venture capital fund Andreesen Horowitz. The executive shakeup comes just a month after the departure of Balaji Srinivasan, Coinbase's chief technology officer. Hirji will be replaced by Emilie Choi, Coinbase's vice president of corporate and business development, who will take over as Chief Operating Officer.
Lyft's CMO will join Dashlane after raising $110 million
Joy Howard will transition out of her current role as chief marketing officer at Lyft to join Dashlane as CMO in August. The news follows the announcement that Dashlane has closed a $110 million Series D funding round led by Sequoia Capital with Jim Goetz of Sequoia joining the company's board of directors. Howard has a proven track record for growing iconic, multi-billion-dollar global brands, and previously held leadership positions at Sonos, Patagonia, Nike, and Coca-Cola.
Otter Media CEO takes over Direct-to-Consumer at WarnerMediaWarnerMedia has announced that Tony Goncalves, CEO of Otter Media, will now lead the development of the new WarnerMedia direct-to-consumer service, along with Otter's existing brands and services. Otter Media is being realigned under the WarnerMedia Entertainment group run by Bob Greenblatt, Chairman of WarnerMedia Entertainment and Direct-To-Consumer. This will bring together the significant digital businesses of the company at a time when the organization's new direct-to-consumer platform is being built.
TiVo names Dave Shull as new President & CEO
TiVo has named the former CEO of The Weather Channel, Dave Shull, as new CEO & President. Interim president and CEO Raghu Rau will then assume the role of Vice Chairperson on the company's board. The struggling entertainment company announced plans earlier this month to split its product and patent-licensing businesses into two independent companies.
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.