E-Commerce Blog

After watching the first presidential debate, one person on that stage clearly showcased the leadership, focus and bipartisan attitude the U.S. needs to turn itself around. Unfortunately, Jim Lehrer isn’t actually running, so it didn’t help my own decision process much, and I remain decisively undecided at the moment. In watching the bailout last week, it became clear that tech is clearly at risk, and I was struck by the reality that were the U.S. a company, the CEO, CFO and chairman of the board (Speaker of the House) would likely have all been, and should have been, fired.

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Schwarzenegger for President?

The chief executive of NebuAd, whose Web-tracking technology raised a privacy backlash, has left the company to be chief financial officer at Verifone Holdings, a maker of payment processing equipment. Verifone said late Tuesday that Robert Dykes will become senior vice president, effective immediately. He will become CFO after the company files its financial report for the latest quarter. NebuAd marketed a technology that allowed Internet service providers to track their subscribers’ Web-surfing habits and deliver ads presumed to meet their interests.

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CEO of Ad-Tracking Firm NebuAd Makes Tracks

Telecommunications infrastructure giant Alcatel-Lucent has shaken up the top ranks of its management team. Seasoned telecom veteran Ben Verwaayen has taken over the CEO spot at the ailing company from Patricia Russo. The company’s board also appointed a new chairman, Philippe Camus, who will take over for Serge Tchuruk on Oct. 1. The management shakeup comes in the wake of several sequential quarterly losses. In the quarter ended June 30, year-over-year revenue declined 5.2 percent from about $6.25 billion to roughly $5.95 billion.

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Alcatel-Lucent Pins Turnaround Hopes on New CEO, Chairman

GameStop is splitting the chairman and CEO functions as part of a management reorganization, announced Friday, designed to meet the challenges of fast growth amid the video game retailer’s brand expansion into 16 countries. As part of the changes approved by the board, R. Richard Fontaine, chairman and CEO since the company’s inception in 1996, will relinquish his CEO title to the company’s operating chief, Daniel A. DeMatteo, 60, who has been the chief operating officer since 1996 and vice chairman and COO since 2004.

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Eying International Growth, GameStop Shakes Up Boardroom

Yahoo is starting its first full week with an updated board of directors and a fresh outlook for the future. Former Viacom CEO Frank Biondi Jr. and former Nextel CEO John Chapple — both recommended by outspoken shareholder-turned-board-member Carl Icahn — were officially appointed to leadership roles Thursday. Now, the company will try to find the path away from public battles and into success. Icahn, for his part, has yet to reveal a formal plan to turn the company around. He initially promised a “quick sale” to Microsoft, but that notion is looking less and less likely.

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Chapter 2 in Yahoo’s Summer of Drama