New York Times has promoted its director of M&A and investments, Jacob Smilovitz, to executive director of corporate development and financial planning and analysis.

EDP Ventures head Cassio Carvalho Pinto Vidigal has departed from the unit to lead Deutsche Bank’s global subsidiary coverage in Brazil.

Balaji Gopinath and Ron Yerkes, formerly global vice-president and director at SAP.IO respectively, have joined forces to form venture firm Twelve Venture Capital.

Marc Sabas has left his head of business development and partnerships position at Telefónica to accept a principal role at Centrica Ventures.

Salesforce Ventures has promoted principal Robert Keith to head of Australia, where he will oversee its newly launched Australia Trailblazer Fund.

Investment director Johanna Schmidtke left the petrochemical company's corporate venturing unit in late 2018 for a position at private equity firm Ara Partners.

CPFL Energia’s strategy and innovation specialist Danilo Leite has been hired by peer Votorantim Energia as an innovation manager.

Parth Desai has stood down as an investment manager at NewYork-Presbyterian Ventures to offer his healthcare business acumen to venture capital firm Flare Capital Partners.

SoftBank Vision Fund investor Lydia Jett has been appointed to a partner position, having worked with portfolio companies such as Flipkart, Coupang and Tokopedia.

Elaine Jones, vice-president at pharmaceutical company Pfizer’s corporate venture capital unit, has shared highlights of her career with GCV ahead of her departure in April.