Mohamad Ali takes a major career step up by becoming the CEO of International Data Group (IDG). He leaves his position as CEO of Carbonite on August 1, 2019, to assume the same role at IDG.
Carbonite (stock symbol on NASDAQ: CARB) is a cloud services provider with a market cap of about $628 million. Ali built up Carbonite as its CEO for the past four and one-half years.
Now, he takes over the helm of IDG as its CEO. Forbes reports that IDG is a very large privately-held company with about $3.8 billion in annual revenues.
IDG is a Global Publishing Empire
The focus of IDG is on publishing, digital media, and conferences. IDG publishes 179 print magazines/newspapers that focus on IT. IDG has 460 tech-related websites. Additionally, IDG created over 200 mobile apps and produces more than 700 computer-technology conferences globally each year.
The industry focus of IDG is quite a switch from Carbonite’s cloud services; however, Ali is not one the shy away from a challenge. He previously held the executive position of Chief Strategy Officer at Hewlett Packard (HP) when the company was undergoing a major reorganization/turnaround and split into two entities to survive.
Significant Experience of Mohamad Ali
Before his work at HP, Ali created a software analytics unit at IBM that generated $8 billion in annual revenues for the company. Before that, he led a $2 billion service group at Avaya (a former AT&T division) along with heading up its research lab.
Recognition for Mohamad Ali
The Massachusetts Technology Leadership Council named Ali “CEO of the Year” in 2018. Also, in 2018, the National Association of Corporate Directors New England, named Ali a member of the “2018 Board of the Year.”
Brett Liu, the Global President and Executive Committee Chairman of IDG, says that Ali was brought on board to lead the global users of IDG-branded publications and services through the next phase of technology disruption. An example is the IMG/BMC collaboration that offers the BMC Helix Content Hub launched by IDG in January 2019.