CXO movement decoded!

CXO movement decoded!


Samsung-backed tech giant OpenWeb Founder & CEO Nadav Shoval defies Board, refuses to step down

A power struggle has erupted at OpenWeb. The company's board of directors has appointed Tim Harvey, the Chairman, as the new CEO, replacing founder Nadav Shoval. However, Shoval has publicly rejected the decision, sparking internal turmoil. In an email to the employees, Shoval denounced the board's move, expressing his opposition to the leadership change. The unexpected defiance has created a tense atmosphere within the company, raising questions about its future direction.

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Murali Swaminathan joins Freshworks as Chief Technology Officer

Freshworks appointed Murali Swaminathan as its Chief Technology Officer. Bringing in over 30 years of experience in software engineering and management, Swaminathan will oversee Freshworks' technology roadmap and strategy, leading the company's global engineering and architecture teams. His deep expertise in building scalable enterprise software solutions will be invaluable as Freshworks continues to innovate and grow. He joins from ServiceNow, where he led the engineering team responsible for the company's market-leading IT Service Management and Strategic Portfolio Management products.

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Accenture appoints Arundhati Chakraborty as Group Chief Executive of Accenture Operations

Arundhati Chakraborty now serves as the Group Chief Executive of Accenture Operations. Ms. Chakraborty brings a proven track record of delivering complex transformations, having led over 185,000 Accenture professionals across 125 Intelligent Operations Centers. Her deep expertise in harnessing analytics, AI, and automation will drive innovation and growth for Accenture's Operations business. As Group Chief Executive, Chakraborty will oversee Accenture's USD10 Billion Operations business, focusing on expanding its reach and delivering exceptional value to clients. Her leadership will be instrumental in leveraging the opportunities presented by generative AI and automation.

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Carolina Dybeck Happe joins Microsoft as EVP and Chief Operations Officer

Reporting to CEO Satya Nadella, Carolina Dybeck Happe joins Microsoft from GE, where she served as SVP and Chief Financial Officer. Her appointment underscores Microsoft's commitment to operational excellence as the company continues to integrate AI into its core products and services. In her new role, Dybeck Happe will oversee a range of critical operations, including commerce, ecosystems, digital IT, and business operations. She will work closely with other senior executives, including Amy Hood and Scott Guthrie. As part of this transition, the Commerce + Ecosystems organization in Cloud + AI, the Microsoft Digital organization in Experiences + Devices, and the Microsoft Business Operations organization in Finance will move to report to Carolina.

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