New Delhi: Backup, recovery and data management solutions provider Veeam has appointed Anand Eswaren, who takes over as the CEO from Bill Largent ahead of a likely IPO. Largent will step down as CEO to focus on his role as chairman of the board of directors.
Eswaran joins the data protection company after a tenure at RingCentral where he was president and COO, overseeing growth and customer expansion. In the company’s most recent financial results under Eswaran’s leadership, it reported ARR of $1.6 billion, a 39 per cent increase year-over-year.
“The data management landscape is evolving at an exponential pace. Veeam is the unequivocal market leader, and is the most trusted partner to help customers securely navigate the complexity of protecting their data to keep their business running; To bolster this position we continue to challenge the status quo, innovate, and ensure we are anticipating customer needs,” said Bill Largent, Chairman of the Board of Directors at Veeam. “I am excited to welcome Anand as Veeam’s new CEO. Anand brings extensive experience in developing new business models, executing on market expansion and driving growth with an inclusive purpose-led and people-first culture. To have someone with Anand’s experience on board will lead us into a new era of success, as we further accelerate into the cloud and evaluate the opportunity for Veeam to be a publicly traded company in the future.”
“Veeam is a unique company that is growing significantly faster than the market. I am delighted to be joining such a talented team at an exciting time in its journey,” Eswaran, CEO at Veeam, said in a statement.
“Data is exploding and has become one of the most important assets for all organizations. As such, data management, security and protection are pivotal to the way organizations operate today, and failure to have a robust strategy can be catastrophic. Veeam has a unique opportunity to break away as we sit in the middle of the data ecosystem, with the most robust ransomware protection and ability to protect data wherever it may reside,” Eswaran added.
Before joining Microsoft, he was the executive vice president of the global services business at SAP, leading 17,000 business process and technology professionals to accelerate customer and partner value creation through SAP’s enterprise applications. He has held multiple other leadership roles including vice president of global software services at HP, vice president of global professional services at Vignette (now OpenText) and senior manager at Braun Consulting (now Fair Isaac).
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