Blog: CIOs Earn Promotions as Companies Realign their Management Structures for Growth

Blog: CIOs Earn Promotions as Companies Realign their Management Structures for Growth

Bob DeRodes hasn't left Home Depot yet, but that's not stopping the CIO from pursuing new career opportunities. DeRodes was appointed to NCR's board of directors on April 29, less than four weeks after Home Depot announced his intent to leave the company at the end of the year. NCR provides Home Depot with its self-checkout machines, which were installed on DeRodes' watch.

The Walt Disney Company hired a new CIO to replace Tony Scott, who took the CIO job at Microsoft in January of this year. Susan O'Day joins the media and entertainment company on June 2, 2008. She will report to Thomas O. Staggs, senior executive vice president and chief financial officer of The Walt Disney Company. O'Day most recently worked for Bristol-Myers Squibb for 10 years, most recently as its CIO and vice president of global shared services. During her decade with the pharmaceutical company, O'Day led an enterprise-wide effort to improve operations and streamline processes. Prior to Bristol-Myers Squibb, she worked for transportation company CSX, where she began her career and left as an assistant vice president in charge of telecommunications. In the press release announcing her hire at The Walt Disney Company, Staggs said O'Day was hired for her vision for innovation and her experience managing global organizations and finding operating efficiencies. O'Day holds a Bachelor of Science degree in math from St. Lawrence University and an MBA from the College of William and Mary.

Tom Murphy, SVP and CIO of pharmaceutical company AmerisourceBergen, took on additional responsibilities earlier this month as his company announced a new organizational structure intended to improve efficiency and effectiveness and to "better position the company to continue achieve its long-term financial goals." Murphy, who has served as the company's CIO since he joined in 2004, now assumes responsibility for AmerisourceBergen's multi-year process improvement project, which includes the design of an ERP system.

Former Microsoft CIO Rick Devenuti joined the board of directors for XETA, a provider of converged voice and data communications solutions, on May 1. In addition to his board duties, Devenuti will chair XETA's strategic advisory committee, which helps the board and the management team develop its business strategies. Devenuti, 50, retired from Microsoft in 2007 after working for the software giant for nearly two decades. His last position with the company was as SVP for its services division. Devenuti currently sits on the boards of Azaleos and St. Jude Medical.

Discount brokerage Zecco Trading tapped one of its board members to serve as its CIO in early May. Michael Raneri had been serving on the company's board since February 2007. In his new role, he's in charge of technology and product development. Before joining Zecco, Raneri was CEO of, a consumer-oriented social networking website where users can create personalized entertainment information. Prior to MeeVee, he worked for Charles Schwab. As the investment house's SVP of Integrated Client Experiences, Raneri launched parts of the original site and the StreetsmartPro active trader platform. Previously, he worked for Quick & Reilly.

Intel's board of directors named its vice president and CIO, John Johnson, a corporate officer of the company. Johnson, 55, leads an IT organization with 5,500 employees in 50 countries. He's worked for Intel since 1981 and has held technical positions in sales, marketing and business development. He earned his bachelor's degree in inter-disciplinary engineering from Purdue University.

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