Freshworks Announces CEO Transition
01 Maio 2024 - 5:13PM
Freshworks Inc. (NASDAQ: FRSH) today announced the appointment of
Dennis Woodside as Freshworks’ Chief Executive Officer &
President, effective later today. Woodside, currently Freshworks’
President, will succeed Girish Mathrubootham, the company’s
Founder, as CEO. Mathrubootham will transition to a new role of
Executive Chairman. Mathrubootham will remain the chairman of the
Board of Directors, and Woodside will also remain a member of the
Board of Directors.
Since founding Freshworks in 2010, Mathrubootham has transformed
Freshworks from a fledgling startup in Chennai into a leading SaaS
company headquartered in San Mateo, with products that make it easy
for every business to delight their employees and customers.
Mathrubootham steered Freshworks through an IPO on Nasdaq in
September 2021, making Freshworks the first India-born SaaS firm to
trade on a US exchange. Under his leadership, the business has
grown to serve more than 67,000 customers globally, powered by
approximately 4,900 talented employees operating globally in 13
locations.
“When I first proposed this next step to the Freshworks Board,
we were starting to chart the next phase of our company’s journey.
We brought Dennis on board to partner with me on crafting an
ambitious growth plan, and my hope was that he could eventually
lead the team of talented employees around the world to execute it,
which would allow me to spend more time on the long-term product
vision, innovation and AI strategy,” said Mathrubootham. “Dennis
has a deep understanding of Freshworks’ business, customers and our
employees, and a strong track record of building and scaling large
global teams - he is the right leader to become our next CEO. I’m
thrilled to announce this transition.”
Woodside joined Freshworks as President in September 2022. Since
then, Woodside has accelerated Freshworks’ investments in
enterprise grade products, and driven increased focus on the growth
of mid-market and enterprise customers.
Woodside brings great leadership experience to this new role.
Previously, Woodside served as Chief Operating Officer of Dropbox,
helping grow revenue from $250M to $1.3B and ultimately raising
over $1B in a successful IPO in 2018. Prior to that, Woodside held
various sales and strategy leadership roles at Google from 2003 to
2014, including serving as CEO of Motorola Mobility after Google
acquired the company in 2012. Before his long tenure at Google,
Woodside was a consultant at McKinsey & Co. Woodside currently
serves on the board of the Boys & Girls Club of the Peninsula
in California and previously served on the board of the American
Red Cross from 2016 to 2022 and on the board of ServiceNow from
2018 to 2022.
In his new role as Executive Chairman, Mathrubootham will remain
highly engaged with our product vision, customers, and employees.
He will work across the company to bring Freshworks’ long-term
vision to life and consult with Woodside on strategic decisions.
The transition frees him up to spend more time with our product
teams in India, and our customers globally, and stay engaged with
other external stakeholders.
“As I step into the role of CEO, I am deeply honored to build
upon Girish's remarkable legacy,” said Woodside. “What he has
created is truly special. Our mission and strategy remain the same.
We stand before extraordinary opportunities and have the right
foundation to make it possible - a winning combination of our
strong focus on delighting customers and our product portfolio and
innovation. I’m committed and excited to continue our journey of
growth."
Forward-Looking StatementsThis release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management’s current beliefs and certain
assumptions made by the company, all of which are subject to
change. Forward-looking statements generally can be identified by
the use of forward-looking terminology such as, “will,” “continue,”
or similar expressions. Such statements involve risks and
uncertainties, including those factors that are described under
“Risk Factors” included in our Annual Report on Form 10-K for the
year ended December 31, 2023, and other documents of Freshworks
Inc. we file with the Securities and Exchange Commission from time
to time (available at www.sec.gov). We caution you not to place
undue reliance on forward-looking statements, which speak only as
of the date hereof and are based on information available to us at
the time the statements are made and/or management’s good faith
belief as of that time with respect to future events. We assume no
obligation to update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release, except as required by law.
About Freshworks Inc.Freshworks Inc., (NASDAQ:
FRSH) creates AI-boosted business software anyone can use.
Purpose-built for IT, customer support, and sales and marketing
teams, our products are designed to let everyone work more
efficiently and deliver more value for immediate business impact.
Headquartered in San Mateo, California, Freshworks operates around
the world to serve more than 67,000 customers, including American
Express, Blue Nile, Bridgestone, Databricks, Fila, and OfficeMax.
For the freshest company news, visit www.freshworks.com and follow
us on Facebook, LinkedIn, and X.
© 2024 Freshworks Inc. All Rights Reserved. Freshworks and its
associated logo is a trademark of Freshworks Inc. All other
company, brand and product names may be trademarks or registered
trademarks of their respective companies. Nothing in this press
release should be construed to the contrary, or as an approval,
endorsement or sponsorship by any third party of Freshworks Inc. or
any aspect of this press release.
Media Relations Contact:Denise Gocke
pr@freshworks.com
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