Here are just a few of the interesting executive changes making headlines over this past week:
Marchex Takes Extreme Measures
Mobile advertising analytics agency Marchex announced the sudden resignation of CEO Pete Christohoulou and executive chairman Clark Kokich. A recent substantial earnings drop was a factor along with layoffs in the decision to immediately appoint director Anne Devereux-Mills as chairwoman until a replacement CEO can be found. Devereux-Mills’ experience spans nearly 30 years at Omnicom Group in the roles of chairman, president, and CEO. She has held a position on the board for Marchex since 2006 and plans to focus on returning the company to profit.
Plantronics Connects New CEO
This week Plantronics, an innovator of audio technology, made the announcement that chief commercial officer Joe Burton has transitioned to president and CEO of the company. This comes with the news that Ken Kannappan, former president and CEO, will remain with Plantronics as the executive vice chairman for the next year and also provide an additional 18 months of consulting to Burton. His extensive executive background includes a wealth of experience with Cisco Systems and Polycom. Burton joined Plantronics in 2011 as CTO and SVP of corporate strategy, technology, and development, and in 2015 became the CCO. He will be working closely with Kannappan to concentrate on business strategy.
Medifast Gains Industry Veteran
Medifast, leading manufacturer and provider of health and weight-loss programs, appoints industry guru Daniel Chard as CEO and member of the board. He succeeded Michael MacDonald, who will remain with Medifast in the role of executive chairman. With over 25 years of experience in consumer products and direct sales, Chard’s lengthy resume includes president and multiple other leadership roles for Nu Skin Enterprises and president and COO of PartyLite. Chard joins the plan for Medifast to meet or exceed expected revenue in the next quarter through the growth of franchises and distribution channels.
Look for more Executives on the Move next week!
Laurie Rahn works on the Global Customer Experience team with a primary focus on ensuring data quality and maintaining key business relationships by supporting high-profile accounts within the telecommunications, technology, and strategic national industries. She holds a BA in journalism with a minor in public relations from the University of Texas at Austin. Laurie has been with Dun & Bradstreet for six years and has also worked for IBM and Sears Holdings.