These Notable Execs Cleaned Out Their Desk Drawers In 2016

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2016 has been a great year for many executives who found greener pasture at other organizations. For others, their careers took a step back as they were ousted from their jobs.

Here is a look back at some of the notable executives who cleaned out their desk drawers in 2016, the most recent and perhaps notable of which is the move by Adam Selipsky, who left his position as vice president of Amazon.com, Inc. AMZN's AWS segment to become CEO of Tableau Software Inc DATA.

Shakeup At Alphabet

Bill Maris, the brains behind Alphabet Inc GOOG GOOGL's finance arm, Google Ventures, resigned in early August. He joins other high profiled members of the Alphabet team who left the company, including former Nest CEO Tony Fadell and Chris Urmson, who spearheaded Google's self-driving car initiative.

Related Link: L Brands Beats Estimates: Victoria's Secret Management Changes Paying Off

Tesla Loses Top Talent

Tesla Motors Inc TSLA's vice president of production Greg Reichow and vice president of manufacturing Josh Ensign decided to leave the company in early May.

A statement from the company confirmed that Reichow left the company on good terms, and he can now enjoy a "well-earned break."

"My belief in Tesla's ability to successfully deliver great cars and inspire the world to drive electric remains as strong as ever," Reichow said in a statement.

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From One Fashion Company To Another

Ralph Lauren Corp RL poached Coach Inc COH's chief financial officer Jane Nielsen in June as part of a strategy to reinvigorate the fashion brand with new blood.

However, the move wasn't well received among several retail experts, including Kristin Bentz, aka the "Talented Blonde."

Bentz told Benzinga Coach overexposed itself as of late and removed itself from the luxury retail segment. As such, hiring of an executive from Coach is questionable.

Related Link: Workiva Management Implies Company Could See Positive Cash Flow In 2016

You're Fired

Barnes & Noble, Inc. BKS said on August 16 that its CEO Ronald Boire was let go from the company. The company's board of directors "determined that Mr. Boire was not a good fit for the organization and that it was in the best interests of all parties for him to leave the Company. "

According to the Wall Street Journal, LendingClub Corp LC's CEO, Renaud Laplanche, was fired over faulty loans in early May. Officially, the board of eirectors "accepted the resignation" of Laplanche.

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Posted In: Wall Street JournalManagementTop StoriesMediaAdam SelipskyBill MarisChris UrmsonExecutive DeparturesExecutive FiringsGreg ReichowJane NielsenJosh EnsingKristin BentzNestrenaud laplancheRonald BoireThe Talented BlondeTony Fadell
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