Here are just a few of the interesting executive changes making headlines over this past week:
Lynton Snaps Up Executive Chairman Position
Texting application Snapchat hired Sony Entertainment’s CEO to be its new chairman of the board. Michael Lynton resigned from Sony Entertainment and will begin his new duties at Snap in six months. During the transition period Lynton will work together with Kazuo Hirai, the president of Sony Corporation in Japan, to secure his replacement. Hirai will be co-CEO and chairman of Sony Entertainment, sharing duties with Lynton until his departure.
Mattel Creates CEO Barbie in Reality
Toy and game manufacturer Mattel hired a new CEO. Margo Georgiadis hangs her hat at Mattel after a stint with Google as its president, Americas. She also worked as the COO of Groupon. The current CEO, Christopher Sinclair, now serves as Mattel’s executive chairman. Sinclair was a key member of the search team for a new CEO. He joined Mattel’s board in 1996 and has been its chairman and CEO since 2015. He worked over the past two years to transform the company culture. Georgiadis was chosen in part for her acumen with technology and building brands through global digital marketing.
Jackson Hewitt Tries the Ferber Method
Tax services provider Jackson Hewitt hired Alan Ferber from home security firm ADT Residential. Ferber begins his new job as Jackson Hewitt’s CEO immediately at the end of tax season. Until then, Ferber will work as co-CEO along with outgoing CEO David Prokupek to facilitate an easy transfer of power. Ferber is well-known for his special emphasis on customer satisfaction. His leadership style has historically been tied to growth through customer experience initiatives.
Look for more Executives on the Move next week!
Linet Krouse is a SWAT Editor for Hoovers. Previously, she performed quality assurance for Dun & Bradstreet’s global customer operations. Before joining D&B, Linet’s work experience includes customer service, property management, and benefits administration.