Experienced global CFO adds depth in financial
strategy and operating excellence to Smartsheet board
Smartsheet Inc. (NYSE: SMAR), the enterprise work management
platform, today announced the appointment of Katie Rooney to its
board of directors. Rooney, Global Chief Financial Officer and
Chief Operating Officer at Alight with over 22 years’ experience in
finance and capital markets, brings a depth and breadth of
operating experience and excellence to Smartsheet.
“Katie combines deep financial expertise with diverse industry
and sector knowledge,” said Mark Mader, CEO of Smartsheet. “Her
experience in corporate strategy and market positioning will serve
us well as we expand our enterprise-grade work management platform
to organizations of all sizes, globally.”
Rooney’s appointment comes as Smartsheet is entering its next
phase of growth after recently becoming the first company in the
Collaborative Work Management industry to reach $1 billion in
annualized recurring revenue.
“I have seen the power of customer-driven solutions in driving
positive business outcomes and creating real, meaningful change,”
said Rooney. “I’m looking forward to helping Smartsheet seize the
massive opportunity ahead of it as the company sets its sights on
global enterprise expansion."
Coinciding with Rooney’s appointment, Brent Frei and Elena Gomez
will be retiring from the Smartsheet board of directors effective
June 18, 2024. As co-founder of Smartsheet, Frei played a core role
in the inception and pre-IPO growth of the company. Gomez joined
the Smartsheet board in advance of its IPO, and in her over six
years of service on the board’s audit committee, five years as
committee chair, her critical guidance and insight have helped
shape the company’s growth strategy.
“Smartsheet wouldn’t have come into existence without Brent.
Since transitioning from an operating role at the company in 2016,
he has served as a valuable member of our board. His experience and
thoughtful insights have helped influence the company we are
today,” said Mader. “On behalf of the board of directors, I thank
Brent for his vision and many years of service and commitment to
Smartsheet.”
“We thank Elena for her service and longstanding commitment to
the company,” said Mader. “We greatly appreciate the leadership,
insight, and expertise that Elena has provided over the past six
years, all of which have been crucial to our growth and
momentum.”
With these transitions, the Smartsheet board of directors will
comprise ten directors. For more information, visit Leadership |
Smartsheet.
About Katie Rooney
Katie Rooney is an experienced CFO, with global experience in
finance, operations, business strategy, and investment banking. She
is the Chief Financial Officer and Chief Operating Officer of
Alight, a leading cloud-based human capital technology and services
provider.
Prior to Alight, Rooney served in a broad range of senior
finance leadership roles at Aon. As the CFO for Aon Hewitt, she
helped lead the carve-out of Alight from Aon to The Blackstone
Group. She served as the CFO for Aon Hewitt’s Outsourcing division
and Global Head of Financial Planning and Analysis. Rooney also led
corporate finance, corporate M&A, and financial risk management
activities within Treasury at Aon. She worked as the COO, Global
Finance and Shared Services, leading key global initiatives to
drive corporate profitability and shareholder value creation. Prior
to joining Aon, Rooney was a Vice President, Investment Banking at
Morgan Stanley accountable for primary and secondary coverage of
numerous medical technology companies.
She serves on the Board of Trustees for Window to The World
Communications, Inc., owner of WTTW and WFMT, Chicago’s public
broadcasting television and radio station. Katie holds a Bachelor
of Business Administration degree in finance from the University of
Michigan.
About Smartsheet
Smartsheet is the modern enterprise work management platform
trusted by millions of people at companies across the globe,
including approximately 85% of the 2023 Fortune 500 companies. The
category pioneer and market leader, Smartsheet delivers powerful
solutions fueling performance and driving the next wave of
innovation. Visit www.smartsheet.com to learn more.
Forward-Looking Statements
This press release contains “forward-looking” statements that
are based on our management’s beliefs and assumptions and on
information currently available to management. Forward-looking
statements include, but are not limited to, statements about
Smartsheet’s outlook for the first fiscal quarter ending April 30,
2024 and the full fiscal year ending January 31, 2025, and
Smartsheet’s expectations regarding possible or assumed business
strategies, potential growth and innovation opportunities, new
products, and potential market opportunities. Forward-looking
statements generally relate to future events or our future
financial or operating performance. Forward-looking statements
include all statements that are not historical facts and can be
identified by terms such as “believe,” “continue,” “could,”
“potential,” “remain,” “will,” “would” or similar expressions and
the negatives of those terms. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. These risks include, but are not limited to, risks and
uncertainties related to: our ability to achieve future growth and
sustain our growth rate; our ability to attract and retain
customers and increase sales to our customers; our ability to
develop and release new products and services and to scale our
platform; our ability to increase adoption of our platform through
our self-service model; our ability to maintain and grow our
relationships with strategic partners; the highly competitive and
rapidly evolving market in which we participate; our ability to
identify targets for, execute on, or realize the benefits of,
potential acquisitions; and our international expansion strategies.
Further information on risks that could cause actual results to
differ materially from forecasted results is included in our
filings with the SEC, including our Annual Report on Form 10-K for
the fiscal year ended January 31, 2024 to be filed with the SEC.
Any forward-looking statements contained in this press release are
based on assumptions that we believe to be reasonable as of this
date. Except as required by law, we assume no obligation to update
these forward-looking statements, or to update the reasons if
actual results differ materially from those anticipated in the
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240321286627/en/
Media Contact Chrissy Vaughn pr@smartsheet.com
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