People News

Thursday, February 9, 2012

Leonardi named Connecticut Innovations CEO
Connecticut Innovations, the state's quasi-public tech investment and development agency, has named venture capital veteran Claire Leonardi as its new CEO and executive director.
Hyatt leaves the Farmville for Spark Capital
Nabeel Hyatt has left the game development world and rejoined the venture capital community, taking a role at Spark Capital as its first venture partner.

Wednesday, February 8, 2012

Akamai CFO Sherman leaves for HubSpot
Akamai chief financial officer J.D. Sherman is leaving the Cambridge Internet data delivery firm after six years, heading across town to venture-backed HubSpot to take a role as president and chief operating officer. James Benson, senior vice president of finance, is taking over as CFO.
AMAG adds board members amid 'strategic alternative' talks
Lexington biotech AMAG Pharmaceuticals Inc. has added Rajiv De Silva and Gino Santini as two new members to its board of directors, as the company continues to look at strategic alternatives for AMAG.
Zmags makes Merryweather the new CFO
Rich media marketing company Zmags Inc. has named Hugh Merryweather, former global CFO and head of new business development at concierge services provider Circles, as the Boston company's new CFO.

Tuesday, February 7, 2012

MITX appoints Grimaldi as chairman
The Massachusetts Innovation & Technology Exchange named Joe Grimaldi, CEO and chairman of advertising agency Mullen, as the organization’s new chairman.

Friday, February 3, 2012

PerkinElmer picks Atlas Venture's Barrett for board seat
PerkinElmer Inc. announced it will be filling an upcoming board vacancy with Peter Barrett, a partner at venture capital firm Atlas Venture.
Fraud charges dropped on Stryker ex-president Philip
The federal government has dropped fraud charges against former Stryker Biotech president Mark Philip. Philip received indictments in 2009 and 2011, alleging he was involved in marketing an unapproved mixture of products for strengthening human bone growth.
PC Connection names Driscoll as new CFO
PC Connection Inc., the online technology retailer based in Merrimack, N.H., has named Joseph S. Driscoll as the company’s new CFO and treasurer.

Thursday, February 2, 2012

AstraZeneca layoffs may hit Mass. R&D operation
Drug maker AstraZeneca plc has announced it would reduce its head count of 61,000 by 7,300 over the next three years, including research and development cuts that may hit the company's facility in Waltham.

Tuesday, January 31, 2012

Guest Column: Even startups need severance agreements
Parker Scheer LLP's Barry Scheer: As a business attorney, I am often asked by struggling startup company executives, faced with having to lay off employees, whether they are obligated to make severance payments...Both severance payments and severance agreements generally provide intangible benefits and social utility that far outweigh their cost — even to struggling companies.

Friday, January 27, 2012

Fast-growing Mobiquity names Bayer as CFO
Mobiquity Inc., a mobile-focused professional services startup less than one year old, has a new chief financial officer, Michael Bayer, to lead the Wellesley company's rapid growth.

Thursday, January 26, 2012

SMTP opens first overseas sales office
Serial entrepreneur Semyon Dukach is taking one of his startups, SMTP Inc., overseas with its first business office outside the United States. The company has tapped Jorge Casas as the new director of business development and customer service.

Wednesday, January 25, 2012

Monster lays off 400 worldwide
Monster Worldwide Inc. has laid off approximately 7 percent of its worldwide workforce, which translates to less than 100 positions in Massachusetts.
EMC chief Tucci says he won't step down this year
With EMC Corp. setting new earnings records each quarter, chief executive Joe Tucci has abandoned a plan to retire in 2012, he disclosed Tuesday in an earnings call.

Tuesday, January 24, 2012

Mercury Computer names Bisson as CFO
Mercury Computer Systems Inc. has brought on board local tech veteran Kevin M. Bisson as its new chief financial officer, replacing the retiring current CFO.

Monday, January 23, 2012

Enxing Seng to head Covidien's vascular therapies group
Covidien plc named Stacy Enxing Seng as president of its Vascular Therapies Global Business Unit, the company announced today in a news release.
Cerulean taps Chris Guiffre as new chief business officer
Cambridge nanopharmaceutical company Cerulean Pharma Inc. has named Chris Guiffre to the newly created position of chief business officer.
Oasys Water names Muscat as new CEO
Boston startup Oasys Water Inc. is commercializing its water desalination treatment and it's named a new chief executive to lead the charge.

Friday, January 20, 2012

Q&A: EU science chief seeks U.S. researchers, cooperation
With research and innovation a central economic policy in the European Union, Máire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science, is in Boston to boost cross-pond collaborations and try to attract U.S. scientists to Europe.