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- Informatica Appoints Mitesh Dhruv to Board and as Audit Committee Chair
Informatica Appoints Mitesh Dhruv to Board and as Audit Committee Chair
Slice of Technology Team
October 11, 2024
Key Highlights:
Mitesh Dhruv joins Informatica's Board and serves as Chair of the Audit Committee.
Dhruv brings nearly 25 years of experience in financial management within the technology sector.
Previously served as CFO of RingCentral (2017-2021), driving cloud growth.
Elizabeth Rafael steps down from the Audit Committee due to a new interim CFO role.
Informatica strengthens board with Dhruv's appointment, emphasizing corporate governance.
Source: Business Wire
Notable Quotes:
"I would like to thank Betsy for her leadership, expertise and insightful guidance as Audit Committee Chair and as an invaluable member of our Board. We wish her well in all future endeavors. We are excited to welcome Mitesh to the Board. We believe his deep financial expertise, proven track record scaling technology companies, and other board experiences will add to the strength of our Board."
"Informatica is uniquely positioned in the market with unmatched enterprise AI-powered cloud data management capabilities for modern enterprises. I am honored to join the Board and look forward to working with this innovative team to drive continued growth and success."
Our Take:
Informatica's strategic appointment of Mitesh Dhruv to its Board and as Chair of the Audit Committee is a clear move to bolster its financial and governance framework. With Dhruv’s rich experience in driving financial performance at RingCentral and his insights from serving on various tech company boards, his addition strengthens Informatica's leadership during a critical time of growth in AI-powered cloud data management. As Informatica continues to expand its market presence, the emphasis on robust corporate governance underscores its dedication to maximizing shareholder value.
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