Dr. Douglas Carlson, Senior Vice President of Technology at MACOM, has announced his retirement after a distinguished 33-year career. Recognized for his significant contributions to MACOM’s technological advancements, Dr. Carlson will transition to a role on the newly created Technical Advisory Committee. MACOM, a leading semiconductor supplier, expresses gratitude for his leadership and dedication.
Karen Dykstra will take on the role as chief financial officer and executive vice president in addition to her current role as a member of the VMware Board of Directors.
Current VMware CFO and EVP Zane Rowe will be leaving the company, effective June 9, 2023.
Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director.
Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients on strategic financial matters.
These changes will take effect October 1, 2023.
London-based biotechnology company BenevolentAI has announced a restructuring plan aimed at preserving cash and advancing its most promising drug candidates. As part of the plan, up to 180 employees will be laid off, and spending will be reduced to extend the company’s cash runway until July 2025. Nicholas Keher, the Chief Financial Officer of BenevolentAI, … Read more
Thornburg Investment Management‘s President and CEO, Jason Brady, has announced his resignation, effective later this year, after 17 years with the company. The announcement comes just as jury selection begins for a lawsuit filed by a former employee who claims he was fired for complaining that Brady promoted a romantic partner. Brady, who has served … Read more
Wynne, who has led LGC for six years, announced that she would be stepping down at the end of April 2023. The statement said that her departure was due to personal reasons. Under Wynne’s leadership, LGC, which is a non-profit organization that focuses on cultivating civic leaders in the Chicago area, grew its membership and … Read more
Brendan Delaney, the CEO of Aadi Bioscience, has resigned from his position, according to a company announcement. The resignation was effective immediately, and Aadi Bioscience’s board of directors has appointed Dr. Dean S. Collier as the interim CEO while the company searches for a permanent replacement. Aadi Bioscience is a biopharmaceutical company that focuses on … Read more
Craig Richmond, the CFO of MetroHealth, has resigned after serving in the role for nine years, according to a statement from the Cleveland-based health system. The resignation comes on the heels of the firing of former president and CEO Akram Boutros, MD, by MetroHealth’s board of trustees for allegedly authorizing over $1.9 million in supplemental … Read more
F&F Capital Group, LLC announced earlier this week that its CEO, Jeffrey P. Frieden, has resigned as chairman of the board of Auction.com. Mr. Frieden provided the following statement upon his resignation: “It is with mixed emotions that I announce my resignation from Auction.com. It has been an amazing journey, and I am incredibly thankful … Read more
Saviynt, a leading provider of intelligent identity and access governance solutions, announced today that it has received $205 million in growth capital from AB Private Credit Investors‘ Tech Capital Solutions group, a subsidiary of global investment management firm AllianceBernstein. The funds will be used to meet the growing market demand for the company’s converged identity … Read more