According to IDC, the AR/VR market is expected to grow to nearly $140B by the end of 2024. As COVID-19 has fundamentally changed how the world works, the need for enterprise-ready augmented reality technologies has accelerated. Magic Leap has focused the company, from its leadership to its product offering, to meet this market demand.
“When I joined Magic Leap, I found a diverse, high performing team that are the best at what they do, and a strong technology platform with one of the most robust IP portfolios I’ve seen for a company of this scale,” explained Peggy Johnson, Magic Leap CEO. “As CEO, I am focused on transforming Magic Leap to capitalize on the opportunities ahead. That includes sharpening our focus and re-aligning our operations to fit the direction of the business with a focus on ROI for our customers. It was important for me to bolster our leadership team with world class talent that will help me lead this company into the future.”
As part of its continued transformation, Magic Leap has made four strategic additions to its corporate leadership team across the areas of legal and regulatory compliance, human resources, product and business strategy, marketing, corporate communications, sales, business development, and finance.
Ana Lang has been promoted to Chief Legal Officer. Ana was previously senior vice president of legal and compliance and was the first person to be promoted to the senior leadership team from within the company. In this role, Ana will continue to serve as Magic Leap’s senior-most legal advisor, responsible for leading our legal team and overseeing all legal and compliance initiatives.
Walter Delph has assumed the role of Senior Vice President and Chief Business Officer. Most recently Walter was a partner and managing director at BCG Digital Ventures, Boston Consulting Group’s corporate venture capital firm focused on innovation, product development and early-stage investing.
In his role as Chief Business Officer at Magic Leap Walter will serve as a key member of the Company’s senior leadership team, responsible for the overall leadership and financial results of the Company’s business teams including Strategy, Marketing, Corporate Communications, Sales, Business Development, and Mergers & Acquisitions.
Prior to joining BCG, Delph served as Chief Executive at Adly, a machine learning advertising platform, senior vice president at News Corp., where he also served as general manager of Photobucket and led mergers and acquisitions and corporate development. Delph was on the founding team of Verizon Communications' digital entertainment business, FIOS.
Jose Baltazar, formerly Magic Leap’s vice president of mission control operation, has taken on the newly created role of Senior Vice President and Chief Transformation and People Officer. In this role, Jose will be responsible for human resources, diversity and inclusion, and culture, as well as leading the coordination of company transformation including enterprise, digital and data transformation, along with organizational development.
For the past two years Jose has been responsible for Magic Leap’s cross functional program management. Jose has been an integral part of many of the company's internal and external successes, played an important role in supporting fundraising and investor activities, and has been a driving force in creating operating plans for the company.
Prior to joining Magic Leap, Jose was part of the Technology, Media and Telecom practice at Boston Consulting Group. Previously in his career, Jose drove initiatives in the Process Technology Development Group (PTD) at Intel.
John Doherty has assumed the role of Chief Financial Officer for Magic Leap. John has spent more than 30 years in financial leadership positions directing substantial growth, corporate realignment and leading the turnaround of underperforming operations for businesses globally.
John comes to Magic Leap from Interxion, a leading provider of carrier and cloud-neutral colocation data centre services in Europe, where he served as Chief Financial Officer. Previously in his career John spent over 30 years at Verizon where in his last role he led Corporate Development and was Chief Investment Officer for Verizon Ventures and was responsible for corporate wide joint ventures, strategic investment activity, acquisitions and divestitures. Transactions under John’s leadership included the $130 billion acquisition of Vodafone’s 45% interest in Verizon Wireless, acquisitions of AOL, Yahoo!, Fleetmatics, Telogis, Uplynk, Edgecast, Vessel, OnCue, Wow Chicago and the divestitures of Verizon’s Data Center business to Equinix, Wireless Towers, Wireline Operations in California, Texas and Florida, Verizon Federal Network System’s and Verizon’s Data Center business.