Here are the top power moves of the week - Lime, Tesla and Shake Shack
- 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 technology, retail and transportation.
This week, the biggest executive move was the departure of Tesla's general counsel. Read more about this and other noteworthy executive changes.
Lime is staffing up from Morgan Stanley and GoogleLime, the high-flying scooter startup last valued at over $2 billion, has made two new high-profile executive hires this week, bringing on former Morgan Stanley banker Ted Tobiason as the company's first Chief Financial Officer and former Google executive Nancy Lee as Chief Human Resources Officer. The scooter startup has recruited several notable executives in the past year including hiring Duke Stumpf away from Lululemon as Chief Marketing Officer.
Tesla loses yet another executive as its general counsel exits
The executive exodus at Tesla continues as its General Counsel, Dane Butswinkas, exits the company after just two months on the job. Butswinkas is returning to the law firm Williams & Connolly where he worked for 30 years before joining Tesla. Jonathan Chang, who was most recently vice president of legal at Tesla, has taken over the general counsel position.
Butswinkas is yet another name to add to a long list of executive departures from the company over the past year. Tesla's vice president of global recruitment left last week. Last month, the company announced that its chief financial officer would step down for the second time.
Software firm Zendesk expands executive team with three women
Zendesk announced the appointment of three new executives to its growing leadership team. Joining the company are Elisabeth Zornes, former general manager of global support for Microsoft Office, as Zendesk's first chief customer officer; former Adobe executive Colleen Berube as chief information officer; and former Salesforce executive Shawna Wolverton as senior vice president, product management.FedEx executive resigns in surprise move
David Bronczek has resigned as President and Chief Operating Officer of FedEx due to personal reasons. Bronczek, 64, was widely seen as next in line to take over from Fred Smith, 74, who is currently serving as CEO. Bronczek's decision threw Wall Street for a loop due to the sudden nature of the announcement and because Bronczek had joined the company's board just weeks prior.
GitLab strengthens its executive team as it prepares to go public
Open source company GitLab has hired Todd Barr as Chief Marketing Officer and Michael McBride as Chief Revenue Officer. Barr joins GitLab from Red Hat where he was VP of Digital Demand, according to his LinkedIn profile. McBride was previously SVP of Worldwide Field Operations at the security company Lookout.
Shake Shack brings on chief information officer to bolster digital strategy
Shake Shack announced the appointments of Dave Harris as Chief Information Officer and Sumaiya Balbale as board director. Both bring significant experience in eCommerce and digital media and it could signal a more aggressive digital strategy at Shake Shack. Harris previously served as Vice President of Digital Technology at Newell Brands where he had global responsibility for the eCommerce and digital marketing technology. Sumaiya was the Vice President of eCommerce, Mobile and Digital Marketing for Walmart US from January 2017 to February 2019.
Christian Wylonis is the co-founder and CEO of The Org, a professional community where you can explore any organizational chart in the world.