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IBM picks Mendoza, a semi-outsider, to run corp dev

Posted on June 24, 2009 at 11:35 AM
Filed under: CD Community | Job Description | Movers & Shakers
Tagged: ,
An IBM Corp. (NYSE:IBM) spokesman told Bloomberg Tuesday that the company earlier this month named Elias Mendoza to succeed David Johnson, the company's vice president of corporate development. Johnson left in May to take a similar job at Dell Inc. (NASDAQ:DELL) and is currently being sued by IBM for violating...  Continue reading
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Will Sprint Nextel exec get a big reward for iDEN decision?

Posted on October 31, 2008 at 1:23 PM
Filed under: Corporate Strategy | Job Description | Joint Ventures and Alliances | People
Tagged: , , , , , ,
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Sprint Nextel Corp.'s announcement Thursday that it will "rejuvenate" its beleaguered integrated digital enhanced network is another way of saying the company is not selling the wireless systems it obtained from its $35 billion merger with Nextel.The million-dollar question for Sprint Nextel's president of strategic planning and corporate initiatives...  Continue reading
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Job description: The credit crisis CFO

Posted on October 21, 2008 at 3:55 PM
Filed under: CD Community | Corporate Strategy | Crisis On Wall Street | Job Description
Tagged:
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What kind of chief financial officer are companies looking for these days? According to an article at CFO.com, the accounting and financial reporting acumen deemed so crucial in the early years of Sarbanes-Oxley has slid down the wish list. More important these days are strategy smarts and -- especially at...  Continue reading
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Videos: Icahn and Schwarzman talk crisis and more at Yale

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What do Carl Icahn and Steve Schwarzman (pictured right of Icahn) have to say about the imploding economy? Thanks to Yale University, you can find out for yourself. The activist investor and Blackstone Group LP co-founder spoke at the university recently and their lectures are available on Yale's Web site....  Continue reading
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CD Forum: Extreme dealmaking in extreme times

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Most every dealmaker can recant a story of extreme dealmaking. The tougher the challenge -- whether posed by technological change, globalization or competition -- the more innovative the deal structure often needs to be. What hurdles have these innovators had to clear? What have they learned?Answering those questions at the...  Continue reading
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Nokia's M&A head busy before CD Forum 2008

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Corporate Dealmaker's two-day conference, CD Forum, gets underway on Thursday, Oct. 2, and the dealmakers in attendance are looking very busy ahead of the event. Take Bruce Bowden, for instance. He's Nokia Oyj's vice president and global head of M&A.Our sister blog Tech Confidential reports that the Finnish cell-phone giant...  Continue reading
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Faces of corporate dealmaking

Posted on September 16, 2008 at 1:44 PM
Filed under: 2008 | Job Description | July-Sept. 2008 | The Magazine
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A job in corporate development can mean different things in different settings, with the structure and responsibilities of the position varying -- sometimes widely -- from company to company and industry to industry. Some jobs include major strategy responsibilities, others financial ones. Still others may be as much about licensing...  Continue reading
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Grape Expectations

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Paul Hetterich, executive vice president for business development and corporate strategy at the world's largest winemaker by volume, is a busy man. Among other things Hetterich (pictured) oversees mergers, acquisitions and divestiture initiatives at Fairport, N.Y.-based Constellation Brands Inc., whose 300-strong portfolio includes Robert Mondavi wines, Corona beer and...  Continue reading
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Yahoo! sets revenue goals too high, hires for fix

Posted on September 10, 2008 at 11:20 AM
Filed under: Corporate Strategy | Job Description | Movers & Shakers | People
Tagged: , , , , ,
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David Karnstedt, Yahoo! Inc.'s senior vice president of U.S. sales, is leaving to join a Silicon Valley venture capital firm. After announcing his intentions, over the summer Karnstedt helped Hilary Schneider, EVP of Yahoo! U.S. fill a new spot -- SVP of U.S. Revenue and Market Development. They found Joanne Bradford, a former Microsoft Corp. ...  Continue reading
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A former i-banker talks about jumping to corporate development

Posted on August 26, 2008 at 1:59 PM
Filed under: CD Community | Job Description | Movers & Shakers | People
Tagged: , , , ,
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How hard is it to make the switch from investment banking to corporate development? We went to former investment banker Lorne Groe for some insight. After more than a decade as an i-banker, most recently with Wells Fargo Securities, Groe made the switch to corp dev in 2003. Today he...  Continue reading
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Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
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