The new year is well underway and the U.S. economy continues to show resilience, despite recent hiccups as a result of the coronavirus saga. In addition to introducing volatility into financial markets, the health crisis prompted the cancellation of The Mobile World Congress, a large technology conference scheduled for the end of February in Barcelona, Spain. It remains to be seen how the virus will impact global industrial and tech sectors. A recent forecast piece released by IDC estimates that global IT spending will increase by 5% in 2020. IDC cites the coronavirus as a potential inhibitor to increased growth.
A U.S. District Court Judge has ruled in favor of the $26 billion T-Mobile—Sprint merger, despite the opposition of a group of attorney generals from 14 states. T-Mobile released a statement targeting an April 1st, 2020 close date which still leaves time for uncertainty.
At Momenta Partners, our Talent and Ventures teams have been busy thus far in 2020. The Talent group has been involved in several retained searches that culminated in two successful placements: a CFO at Beyond Limits and an SVP American Sales at Bloom Energy. The Ventures team recently announced investments in two exciting companies: SST Wireless, a Canada-based sensor provider, and Akua, a cloud platform company.
Placing Leaders & Building Teams for Digital Industry
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Beyond Limitsa Glendale, CA based, full-stack AI company, backed by NASA JPL and BP has appointed a new Chief Financial Officer following a retained search by Momenta Partners.
Bloom Energy(NYSE: BE),an industry leader in disruptive energy solutions, has expanded their executive leadership capabilities by appointing an SVP Americas Sales following a retained search by Momenta Partners.
Pratt & Whitney, a United Technologies Company headquartered in Hartford, Connecticut, is a global leader in aircraft propulsion. Momenta Partners is retained by Pratt & Whitney to appoint an "Executive Director, Digital Technology, Operations, Quality, & Engineering Applications" and "Director, Business Relationship Manager, Digital Technology, Operations and Quality”.
CarrierCorporation, a world leader in building technologies and solutions headquartered in Palm Beach Gardens, Florida, has retained Momenta Partners to appoint their "Senior Director, Digital, Fire and Security Products" reporting to the President FSP and "Security Awareness & Digital Communications Associate Director" reporting to Carrier’s VP CISO.
Edge Podcast
The Momenta podcast series features leading practitioners, innovators and thinkers across Digital Industry and the digital technology landscape.
Market leading practitioners, entrepreneurs, industry experts, authors, investors and thinkers of digital transformation share perspectives on their experience, successes, misses, lessons and outlook for the future.
