Boc Bank Appoints Shane Ferrell As Chief Technology Officer and Senior Vice President of Strategy & Innovation, and Steven Jay As Chief Operating Officer
Apr 16, 2024•about 1 year ago
Position
Chief Technology Officer
Company
BOC Bank
Description
Shane Ferrell has been promoted to Chief Technology Officer and Senior Vice President of Strategy & Innovation, and Steven Jay has joined BOC as its new Chief Operating Officer. Ferrell and Jay both began their new roles in February. The bank is excited about these key developments that will allow it to take its goals to the next level.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months