Position
Advisor
Company
Mega Broadband Investments
Description
Mega Broadband Investments LLC announced the promotion of Andy Parrott to the role of CEO, effective May 1st, 2024. Phil Spencer, the current CEO, will transition to a senior advisor role to continue to support the business' growth.
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