trending Market Intelligence /marketintelligence/en/news-insights/trending/kf2lvquxg0grhsrvtvkhcq2 content esgSubNav
In This List

Verizon CEO to retire; DC Entertainment loses president; Lasseter to leave Pixar


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15


Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market


Technology & Automation Insights: Elevating KYC and onboarding efficiency

Verizon CEO to retire; DC Entertainment loses president; Lasseter to leave Pixar

S&P Global Market Intelligence presents a weekly rundown of executive changes in the U.S. technology, media and communications industries.


* Lowell McAdam will retire as CEO of Verizon Communications Inc., effective Aug. 1. The company's board tapped Hans Vestberg, executive vice president and president of global networks and chief technology officer, to succeed McAdam as its new CEO. The company also said that John Stratton, formerly executive vice president and president of global operations of Verizon, is no longer responsible for the Global Operations organization and instead has become a strategic adviser reporting to McAdam. Stratton plans to retire by the end of the year.

* Diane Nelson, president of DC Entertainment and president of Time Warner Inc.'s Warner Bros. Consumer Products Inc., will leave the company. Nelson, who was named president of DC Entertainment in 2009, had been on a leave of absence since the end of March. Meanwhile, Geoff Johns, is also leaving his role as DC Entertainment's president and chief creative officer, Variety reported. Johns has entered into a writing and producing deal with DC Comics and Warner Bros., according to the report. DC Entertainment Publisher Jim Lee will expand his role to include the chief creative officer title.

* John Lasseter of Pixar and Walt Disney Co.'s Walt Disney Animation Studios will leave the company Dec. 31, Cnet reported, citing Disney. The Pixar cofounder took a six-month leave of absence in November 2017 after acknowledging "missteps" and apologizing for making employees feel disrespected or uncomfortable. He will stay on in a consulting role at the company until his departure at year-end, Cnet reported.

Media industry moves

* Netflix Inc. tapped Diego Buñuel to serve as its director of original documentaries for its upcoming new headquarters in London, Broadcast reported. Buñuel, who confirmed his new post in a tweet, will commission original documentaries for Europe amid Netflix's push for more original factual content. He previously worked for Vivendi SA unit Canal Plus SA as head of documentaries.

* Alliance MMA Inc.'s board on June 6 tapped the company's CFO, John Price, to be co-president of the company. In this role, Price will oversee the daily operations of the company, according to a Form 8-K filed June 12.

* Shutterstock Inc. opened an office in Dublin. The company said June 12 that it initially plans to fill 40 positions, including engineering roles, and to potentially grow the team further over the coming years.

* Cogeco Inc. named Michel Lorrain president of its Cogeco Media subsidiary, effective Sept. 1. Lorrain will succeed Richard Lachance, who will become a special adviser at Cogeco Inc., the company said June 12. Lorrain has been serving as executive vice president of Cogeco Media since July 2017.

* Telaria Inc. acquired SlimCut Media Canada Inc., a global video outstream technology services company. The company said June 12 that SlimCut co-founders Damien Véran and Thomas Davy will join Telaria.

* Jonathan Anastas joined LiveXLive Media Inc. as interim chief marketing officer. In this role, Anastas will oversee marketing activities for all operating units, including LiveXLive and Slacker Radio, the company said June 12. Anastas recently was chief marketing officer at TEN: a Discovery Inc. company.

* Bozoma Saint John is leaving Uber Technologies Inc. to become chief marketing officer at Endeavor, Recode reported June 11, citing an internal memo by Uber CEO Dara Khosrowshahi.

* Sinclair Broadcast Group Inc. named Brian Bark vice president and chief information officer of the television broadcasting company. Also, Mike Kralec was named vice president of technical operations and deputy chief technology officer responsible for broadcast and information technology operations, the company said June 11. Bark recently was chief business and innovation strategist, office of the chief technology officer, at Hewlett Packard Enterprise Co. Kralec previously served Sinclair as vice president of data systems and information technology services.

* Microsoft Corp. acquired Playground Games Ltd. and signed letters of intent to buy three other game studios: Ninja Theory, Undead Labs LLC and Compulsion Games Inc. Also, the company said June 10 that it is setting up a new studio in Santa Monica, Calif., called The Initiative, as part of the company's efforts to bolster original content. The new teams will join Microsoft Studios.

* MDC Partners Inc. appointed Vincenzo DiMaggio senior vice president and chief accounting officer, the company said June 7. DiMaggio most recently was global controller and chief accounting officer at Endeavor. He previously held senior accounting roles at Viacom Inc. and New York Times Co.

* Rashida Jones, senior vice president of specials for NBCUniversal Media LLC's NBC News, will lead a new news-streaming service for the network, The Hollywood Reporter said June 6. Christine Cataldi, who was co-executive producer of Megyn Kelly's hour of the "Today" franchise, will be the executive producer.

Communications industry moves

* Global communications company ViaSat Inc. acquired Horsebridge Defence and Security, a U.K.-based company focused on design, system integration and support of deployable secure networks. The Horsebridge Defence and Security team will be integrated into the communications provider's Farnborough, U.K.-based organization.

* Internap Corp. named James Keeley CFO of the company, effective immediately. Keeley succeeded Robert Dennerlein, who will continue with Internap in a consulting capacity until June 30, the company said June 11. Keeley's recent positions include stints as CFO at Tahzoo LLC, a privately held leading digital marketing and systems integrator, and as a financial consultant and general manager for the satellite operations of Vonage Holdings Corp.

* Cloud-services platform operator Pareteum Corp. agreed to buy enterprise software-developer Artilium PLC in a cash-and-stock transaction that valued Artilium's equity at about £78.0 million, or $104.7 million, the companies said June 7. Artilium CEO Bart Weijermars will become CEO of Pareteum Europe BV, a wholly owned subsidiary of Pareteum.

Links are current as of publication time, and we are not responsible if those links are unavailable later.