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Akamai shakes up its board

Madura McCormack | Dec. 18, 2012
Announces new CEO and two new executive appointments

Akamai Technologies has appointed a new CEO to replace current chief executive Paul Sagan who steps down by end 2013.

The platform-as-a-service company announced the election of Dr. Tom Leighton on 17 December. Leighton will become CEO effective 1 January 2013 and is currently the chief scientist and co-founder of the company.

Both Sagan and Leighton will remain on the Akamai board of directors with Sagan serving as senior advisor to the company to ensure smooth leadership transition.

The company began an independent director-led search for a new CEO in April 2012 when Sagan revealed his intentions to depart from the position.

"When we began evaluating our options for the next CEO of Akamai, our objective was simply to have the best possible leadership team in place for continued growth and innovation in the years ahead," said Martin Coyne II, lead director of Akamai's Board. "We conducted an exhaustive review of the company's strategy and opportunities as we evaluated a broad range of potential candidates."

New executive heads

Robert Hughes, previously responsible for global marketing in Akamai and an employee for 13 years, has been appointed president for worldwide operations.

According to the announcement, Hughes' responsibilities include day-to-day global business operations which include customer experience, branding and human resources.

Hughes will be made effective in his role on 1 January 2013, together with Rick McConnell who has been given the post of president for products and development.

Part of Akamai since 2011, McConnell will be in charge of managing the company's product divisions, including product engineering and corporate development.


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