TECHNOLOGY & TELECOMMUNICATIONS

Santa Clara-based Exodus Communications Inc. promoted Ellen Hancock to chief executive, giving the Internet-systems management company a high-profile leader who formerly was Apple Computer Corp.’s chief technology officer. Hancock, 55, became president of Exodus in March. Outgoing Chief Executive K.B. Chandrasekhar, 38, will remain chairman. Hancock quit Apple in July 1997 along with beleaguered Chairman Gilbert Amelio.