Corporate


  • Citi CEO Jane Fraser joins a meeting hosted by U.S. President Joe Biden with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC.
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    Chip Somodevilla / Staff via Getty Images
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    Citi leans on tech modernization to fix data quality management failings

    Days after federal regulators hit the bank with more than $130 million in fines, CEO Jane Fraser said Citi's transformation efforts addressed "decades of underinvestment."

    By July 12, 2024
  • A person with short dark hair and a beard smiles with arms crossed, wearing a white shirt and blue suit coat, no tie.
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    Courtesy of Macy's Inc.
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    Macy’s hires new CIO from within

    Next month Keith Credendino will take over the retailer's mission to simplify and modernize its technology stack.

    By Daphne Howland • July 11, 2024
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    Alvarez via Getty Images
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    Tech workplaces haven’t caught up to new work patterns, research shows

    Return-to-office policies don’t appear to increase office utilization as much as previously thought.

    By Carolyn Crist • June 24, 2024
  • A general view of the entrance to the Citigroup office in Canary Wharf on November 17, 2008 in London, England.
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    Oli Scarff / Staff via Getty Images
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    Citi’s new tech chief takes the helm

    Tim Ryan will lead Citi's ongoing efforts to transform its technology operations, a goal the bank poured $12 billion into last year.

    By June 10, 2024
  • AWS logo at Amazon event
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    Noah Berger via Getty Images
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    AWS CEO steps down, sales chief to take over

    After a three-year stint helming the cloud titan, Adam Selipsky is passing the baton to AWS veteran Matt Garman.

    By May 14, 2024
  • People purchase souvenirs at the Barbie Dreamhouse Experience on May 16, 2013 in Berlin, Germany.
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    Sean Gallup via Getty Images
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    Mattel tech chief departs company after 7 years

    Sven Gerjets joined as EVP and CTO in 2017. He was responsible for technology innovation and implementation at the toy company. 

    By Updated May 10, 2024
  • Truist building
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    "Truist Plaza" by Tyler Lahti is licensed under CC BY-SA 2.0
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    Truist CIO, chief audit officer leave bank

    The bank, meanwhile, has added new leaders in its payments business and logged $70 million in restructuring charges in the first quarter, CEO Bill Rogers said Monday.

    By Caitlin Mullen • April 22, 2024
  • Four Seasons Hotels and Resorts launches the Four Seasons Pop Down, the first in a global series on September 9, 2017 in Toronto, Canada.
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    Sam Santos via Getty Images
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    Four Seasons taps former MGM CTO as tech chief

    Sudhakar Veluru, who joined the hotel chain Monday, has nearly two decades of hospitality and tech experience.

    By March 26, 2024
  • Diverse Group of Professionals Meeting in Modern Office
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    gorodenkoff via Getty Images
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    Sponsored by Per Scholas

    Unlocking tech innovation through DEI: Insights from TEKsystems and Per Scholas

    Stronger DEI in the workforce means companies must focus on employees, innovation and competition.

    March 11, 2024
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    Scott Olson/Getty Images via Getty Images
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    P&G CIO to retire, PepsiCo exec to take over

    Seth Cohen, global CIO at PepsiCo, will join Procter & Gamble’s team in April.

    By March 6, 2024
  • A general view of a Wendys restaurant on September 15, 2022 in Farmingdale, New York, United States.
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    Bruce Bennett / Staff via Getty Images
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    Wendy’s promotes CTO to CIO role

    As CTO, Matt Spessard led the rollout of Google Vertex AI chatbot capabilities into the drive-thru experience. As CIO, he’ll expand the pilot program. 

    By Feb. 27, 2024
  • The feedback wall inside Unqork's offices in New York.
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    Permission granted by Unqork
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    From CIO to CEO: How Gary Hoberman made the leap to startup land

    The Unqork founder spent two decades grappling with technical debt. Then, he left corporate life and set out to untangle legacy code.

    By Feb. 15, 2024
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    Permission granted by Per Scholas
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    Sponsored by Per Scholas

    How to build sustainable, diverse tech talent pipelines

    Create a diverse pipeline of tech talent through training partnerships.

    Jan. 22, 2024
  • A general view of the entrance to the Citigroup office in Canary Wharf on November 17, 2008 in London, England.
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    Oli Scarff / Staff via Getty Images
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    Citi poured $12B into tech last year, retired nearly 400 legacy apps

    While efforts to modernize are underway, the company is operating at a loss and plans to cut 20,000 positions by 2024 as part of a broader restructuring.

    By Jan. 16, 2024
  • OpenAI CEO Sam Altman looks on during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    OpenAI to bring Altman back, revamp board

    The return of leadership members is likely to bring a sigh of relief to existing customers, according to Info-Tech Research Group’s Scott Bickley. 

    By Nov. 22, 2023
  • People walk up from the plaza at the Citigroup Center November 17, 2008 in New York City.
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    Chris Hondros / Staff via Getty Images
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    Citi reshuffles tech leadership amid right-sizing push

    The financial services company elevated Jonathan Lofthouse to co-CIO following the departure of Stuart Riley, who held the position for 3 months.

    By Nov. 20, 2023
  • OpenAI CEO Samuel Altman Testifies To Senate Committee On Rules For Artificial Intelligence
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    Win McNamee via Getty Images
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    OpenAI CEO out, CTO steps in as interim chief

    Sam Altman left the company after the board completed a deliberative review process, which found Altman wasn’t “consistently candid” with the board. 

    By Updated Nov. 20, 2023
  • Close up of easy payment by credit card or smartphone application Greenhouse workers selling pottered flowers.
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    whyframestudio via Getty Images
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    Global Payments to elevate CIO from within

    The fintech company tapped Shannon Johnston, deputy CIO and chief digital offficer, to assume the role on Jan. 1, when Guido Sacchi retires after nearly 13 years as CIO

    By Nov. 9, 2023
  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    Bank of America to spend $3.8B on innovation next year

    North American banks hold a global edge in AI investments, according to industry research firm Evident.

    By Oct. 19, 2023
  • People walk up from the plaza at the Citigroup Center November 17, 2008 in New York City. Citigroup
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    Chris Hondros / Staff via Getty Images
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    Citi pumps another $3B into tech modernization

    “At the end of the work, we will have a simpler firm that can operate faster, better serve our clients and unlock value for our shareholders,” CEO Jane Fraser said Friday.

    By Oct. 16, 2023
  • Scott Farquhar, co-founder and co-CEO of the software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022 in Canberra, Australia.
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    Martin Ollman via Getty Images
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    Atlassian to buy Loom for $975M in latest tool integration play

    The collaboration software provider plans to embed the tech across its tool suite post-acquisition, but Loom will remain available as a separate product.

    By Oct. 12, 2023
  • A sign hangs above the door at the Tyson Foods offices on October 06, 2022 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Tyson CTO departs, CIO takes over

    Amid a year of executive reshuffling, the food industry giant ended a collaborative tech leadership structure initiated in February.

    By Sept. 12, 2023
  • California Gov. Gavin Newsom speaks during a press conference on February 01, 2023 in Sacramento, California.
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    Justin Sullivan via Getty Images
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    California to set guidelines for public sector generative AI

    The state, which joins a growing number of governing bodies scrutinizing generative AI, will issue public sector usage guidelines by January.

    By Sept. 8, 2023
  • People are seen inside the Salesforce Tower on December 1, 2020 in San Francisco, California.
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    Stephen Lam / Stringer via Getty Images
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    Salesforce banks on price hike, generative AI to spur revenue growth

    In the words of the CRM giant's CEO Marc Benioff, “that's the AI revolution coming at you, baby, so get ready.”

    By Aug. 31, 2023
  • GM Chandler IT innovation center
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    Courtesy of General Motors
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    GM to close IT innovation center in Arizona, cut staff

    The closure will impact more than 900 General Motors employees as the company works to align its footprint and IT resources in the U.S.

    By Aug. 28, 2023