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Industry Insights
Executive hiring news: Tesla brings on new VP
Electric carmaker Tesla Motors recently announced the executive hiring of Chris Porritt as VP of Vehicle Engineering, in the culmination of a lengthy executive search process. Porritt, a 25-year industry veteran and former Aston Martin executive, is credited with leading the team that created the One-77 supercar. Following this key executive hiring and the huge success of its Model S vehicles in the first quarter, Tesla posted its first-ever quarterly profit.
Read More >>The new CEO’s vision for keeping Intel relevant
Newly appointed Chief Executive Officer Brian Krzanich plans to broaden Intel’s scope beyond chips for PCs by creating technologies that will be used in a far greater range of devices. Given Intel’s technological mandate, some in the investment community would have preferred the company hire an executive from outside; however Krzanich appears poised to grab a greater share of the mobile market for Intel, and get its chips into more advanced technologies.
Read More >>The bottom line on executive coaching
New research highlights the common conclusion reached by the majority of studies on executive coaching: that coaching for individuals in executive jobs delivers an ROI between 500% and 600%. A landmark 2001 study, cited in the research, surveyed 100 executives from Fortune 1000 companies for a variety of metrics that determine ROI. The executives reported higher bottom line results as well as improvements in their companies’ customer service and development of potential successors.
Read More >>Executive hiring news: Prudential plc. appoints new chief executive
Multinational insurance and financial services company Prudential plc. has appointed Jackie Hunt as Chief Executive, Prudential UK and Europe. She will also serve on the Board. The high-profile position is one of the most prominent within the UK insurance industry, and there has been speculation that if Hunt can lead the company to strong results, she could be next in line for the top spot of Group Chief Executive, currently held by Tidjane Thiam.
Read More >>Optimism rises among those in executive jobs
Expectations for growth among chief executives in privately held companies in the US are on the rise, according to the latest Private Company Trendsetter Barometer report from PwC US. Among these senior executives, including CEOs and CFOs from product and service sectors, 50% are optimistic about the country’s 12-month economic outlook - eight points higher than in the previous quarter. Optimism towards the global economy rose by 12 points to 37%.
Read More >>Associates
Ross L. Blanchard
(T): +1 415.874.3700 x3003
rblanchard@boyden.com
Martie Bond
(T): + 1 408.500.9893
mbond@boyden.com
Lori A Christiansen
(T): +1 415.874.3700 x3006
lchristiansen@boyden.com
John A. Holland
(T): +1 415.874.3700 x3001
jholland@boyden.com
Meredith Moore
(T): +1 415.874.3700 x3007
mmoore@boyden.com
Seiki Murono
(T): +1 415.874.3700 x3008
smurono@boyden.com
Trevor M. Pritchard
(T): +1 415.874.3700 x3015
tpritchard@boyden.com
Neil Sims
(T): +1 415.874.3700 x3009
nsims@boyden.com