Elizabeth Rafael stepping right down to proceed deal with CFO duties at a public firm
Informatica, a pacesetter in enterprise AI-powered cloud knowledge administration, introduced the appointment of Mitesh Dhruv, a seasoned monetary govt with near 25 years of expertise advising expertise corporations, to its Board of Administrators and as Chair of the Audit Committee. Dhruv was an govt at RingCentral, Inc., a cloud-based communications and collaboration options supplier, from 2012 to 2021. Dhruv performed a crucial position in accelerating RingCentral’s cloud development and enhancing the corporate’s monetary efficiency, serving as Chief Monetary Officer from 2017 to 2021. Earlier in his profession, Dhruv labored at Financial institution of America-Merrill Lynch from 2005 to 2012 as an fairness analyst masking software program and cloud corporations. An skilled public firm board director, Dhruv at the moment serves on the Board and Audit Committee of ChargePoint Inc., an electrical automobile infrastructure firm, and beforehand served on the Board and as Audit Committee Chair of ZoomInfo, a software program go-to-market intelligence platform, from 2020 to 2024.
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The corporate additionally introduced that Elizabeth Rafael, who not too long ago notified the Informatica Board of Administrators of her appointment in Could 2024 as interim Chief Monetary Officer at one other public firm, is stepping down. Rafael is decreasing the variety of boards upon which she is at the moment serving to accommodate the interim task. Rafael has served as Chair of the Audit Committee on the Board since its preliminary public providing in October 2021.
“I wish to thank Betsy for her management, experience and insightful steering as Audit Committee Chair and as a useful member of our Board. We want her effectively in all future endeavors,” mentioned Bruce Chizen, Chair of the Informatica Board of Administrators.
Chizen continued, “We’re excited to welcome Mitesh to the Board. We imagine his deep monetary experience, confirmed observe report scaling expertise corporations, and different board experiences will add to the energy of our Board. This appointment displays our dedication to sturdy company governance and delivering worth to our shareholders.”
Dhruv commented, “Informatica is uniquely positioned available in the market with unmatched enterprise AI-powered cloud knowledge administration capabilities for contemporary enterprises. I’m honored to affix the Board and look ahead to working with this modern group to drive continued development and success.”
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