It’s that point of month once more–time for Huge Knowledge Profession Notes, a month-to-month characteristic the place we maintain you recent on the newest profession developments for people within the large knowledge group. Whether or not it’s a promotion, new firm rent, and even an accolade, we’ve obtained the small print. Verify in every month for an up to date record and chances are you’ll even come throughout somebody you already know, or higher but, your self!
Pat Gelsinger
Pat Gelsinger’s second stint at Intel ended abruptly this month when the 63-year-old CEO stepped down following poor monetary outcomes for the chipmaker. The Intel board has named David Zinsner and Michelle Johnston Holthaus as interim co-CEOs whereas it seeks a everlasting chief for the storied agency.
“Main Intel has been the glory of my lifetime,” Gelsinger mentioned on his X account. “I’m eternally grateful for the numerous colleagues all over the world who I’ve labored with as a part of the Intel household and might look again with satisfaction in any respect that we’ve completed collectively. Thanks all!”
Gelsinger joined Intel out of faculty in 1985 and was the chief architect of the i486 processor. He was Intel’s CTO from 2001 to 2009, when he left to turn into the CEO of VMware and COO at EMC. He returned to Intel as CEO in 2021 with a purpose to steer the corporate again to its place on the prime of the chip ladder.
However after two-and-a-half years, Gelsinger had failed to show the corporate round. With a market capitalization of simply $82 billion, Intel fails to crack the highest 10 chipmakers when it comes to market cap. It’s not solely far behind GPU big Nvidia–which, with a $3.2 trillion market cap, is essentially the most precious firm on the planet–nevertheless it’s additionally behind X86 rival AMD, with a $193 billion market cap.
“On behalf of the board, I wish to thank Pat for his a few years of service and dedication to Intel throughout an extended profession in expertise management,” Frank Yeary, the interim govt chairman of the board of Intel, mentioned in a press launch. “Pat spent his adolescence at Intel, then returned at a essential time for the corporate in 2021.”
Andy MacMillan
Alteryx, the embattled Southern California analytics firm, has appointed IT business veteran Andy MacMillan to be its new chief govt officer. MacMillan can be tasked with driving Alteryx to “new heights” following the corporate’s collapse within the public market and subsequent sale to non-public fairness companies.
“Andy’s capabilities and previous management success in leveraging AI to drive product innovation and growing high-performing groups at scaled enterprise software program corporations aligns nicely with our funding thesis, and we consider his management will assist propel the Firm to new heights,” mentioned Prashant Mehrotra, a accomplice at Clearlake, which along with Perception Companions took Alteryx personal 12 months in the past in a $4.4 billion deal.
MacMillan joins Alteryx from UserTesting, the place he served as CEO. He additionally frolicked because the Chairman and CEO of Act-On Software program, Salesforce, Oracle, and Stellent.
“Nice corporations are constructed on the foundational pillars of firm tradition and customer-centricity, and I’m delighted to affix an organization that follows this similar philosophy,” MacMillan mentioned in a press launch. “Along with the staff, we’ll lead Alteryx into its subsequent section of development and product innovation to assist our clients succeed of their analytics journey.”
Baaziz Achour
Cellular chip big Qualcomm has promoted Baaziz Achou to be its new chief expertise officer. He’ll formally take the CTO function on February 3, 2025, when the present CTO, James Thompson, retires.
Qualcomm first employed Achour as a techniques engineer again in 1993. Through the years, he has held varied management positions within the engineering group, accumulating 24 U.S. patents to his title. The corporate says Achour, who has been deputy CTO since 2023, has been “important” in contributing to each technology of wi-fi tech since then.
“Baaziz will proceed to increase Qualcomm’s management in wi-fi communications, computing and AI. I stay up for partnering with Baaziz in his new function,” Cristiano Amon, the president and CEO of Qualcomm, mentioned in a press launch. “I wish to thank Jim for his 33 years of appreciable contributions to Qualcomm.”
Piyush Verma
Coralogix, a supplier of an AI-powered IT observability platform, Coralogix has introduced in Piyush Verma to be its new head of product technique. In his new function, Verma will drive product innovation and improve buyer experiences for Coralogix, which has grown by 10x over the previous three years.
“The observability area is experiencing a basic shift, and Coralogix is on the forefront of this transformation,” Verma mentioned in a press launch. “I’m excited to affix an organization that’s not simply rising quickly however is actively reshaping how trendy organizations strategy observability.”
Andy Wild
Database supplier SingleStore has employed Andy Wild to be its new chief income officer. On this function, Wild can be answerable for main the worldwide gross sales groups for the corporate, which achieved $100 million in annual recurring income (ARR) this 12 months.
Wild involves SingleStore amid a 35-year profession in IT, which incorporates senior govt roles at CA Applied sciences, OpTier (acquired by SAP), OpenText and IBM.
“SingleStore provides an unimaginable product that’s deeply cherished by its person group, because it empowers them to carry their boldest, most revolutionary concepts to life,” Wild mentioned. “I’m thrilled to tackle the problem of crafting development methods that can prolong these advantages to much more customers, whereas driving the corporate to new heights. I’m humbled to work alongside such a gifted staff, and I stay up for partnering with them to attain our bold objectives.”
Hoang Vuong
Distributed file system vendor WEKA has employed Hoang Vuong to be its new chief income officer. WEKA, which has greater than $100 million in ARR and lately raised $140 million at a $1.6 billion valuation, has been rising shortly as corporations face expanded knowledge administration wants pushed by the AI increase.
A seasoned expertise govt, Vuong served as CFO at Amplitude Inc. from 2019 to 2023, serving to to take the corporate public in September 2021. Earlier than that, he was the chief working officer and CFO of GoFundMe. He additionally held varied management positions at Intuit, Demandforce, and Deloitte.
“WEKA is main the best way in AI and GPU acceleration and is nicely positioned to journey the AI infrastructure wave,” mentioned Vuong. “I’m past excited to affix WEKA’s gifted staff and seize the chance forward of us.”
Pete Harteveld
Cybersecurity agency Exabeam has tapped Pete Harteveld to be its new chief income officer. The appointment places Harteveld in command of what Exabeam boasts is “the world’s largest pure-play safety analytics and safety data and occasion administration (SIEM) vendor.”
Harteveld joined Exabeam earlier this 12 months as a part of its merger with LogRhythm. The chief has greater than 20 12 months of expertise in M&A and income management, together with earlier CRO roles at Aryaka and Veracode.
“The cybersecurity business is dealing with rising complexity, from growing assault surfaces to a world scarcity of expert safety professionals,” Harteveld mentioned. “By optimizing how we ship our options and guaranteeing seamless alignment with buyer wants, we are able to empower groups to higher detect and reply to threats, scale back threat, and deal with strategic priorities. I’m excited to steer the following chapter of development for Exabeam and proceed driving innovation in partnership with our gifted staff, clients, and companions.”
To learn final month’s version of Profession Notes, click on right here.