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FusionPKG Co-Founders Are Entrepreneurs of the Year

2019-07-15 16:28:00| Happi Breaking News

Harvey and Gross honored as Industry Disrupters

Instagram co-founders move on to 'new chapter'

2018-09-25 13:54:00| Telecompaper Headlines

(Telecompaper) Instagram CEO Kevin Systrom and CTO Mike Krieger have announced their resignation, eight years after co-founding the service and six years from its takeover by Facebook. In a blog, Systrom said the two are now ready for their "new chapter" and they wanted to build "new things" but gave no further details.

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Instagram co-founders Systrom and Krieger leaving firm

2018-09-25 06:53:04| BBC News | Business | UK Edition

Kevin Systrom said he and Mike Krieger wanted to "explore our curiosity and creativity".

Tags: firm leaving krieger cofounders

Marvell co-founders step down as CEO, President

2016-04-05 15:41:00| Telecompaper Headlines

(Telecompaper) Marvell Technology announced the departure of CEO Sehat Sutardja and President Weili Dai from their management positions, effective immediately. Sutardja and his wife Dai are co-founders of the company, started in 1995. They will remain on the board of directors, with Sutardja continuing as Chairman. Marvell said it will set up an interim 'office of the CEO' to handle day-to-day operations until a new CEO is recruited. The announcement follows an investigation into certain accounting and sales practices at Marvell and a sharp downgrade in the company's sales outlook. The main outcome of the investigation by Marvell's audit committee was certain "tone at the top" issues, including significant pressure on sales and finance personnel to meet revenue targets. There was also confusion about assertions by Marvell's CEO that he initially owned the company's Final-Level Cache invention, even though this was later found to be entirely in the company's ownership.

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