Elastic Appoints Paul Appleby President, Worldwide Field Operations
26 August 2020 - 10:10PM
Business Wire
Former Kinetica, BMC, Salesforce Executive
Joins Elastic to Further Scale the Company
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch and the Elastic Stack, today announced the
appointment of Paul Appleby as president, worldwide field
operations. Appleby was most recently the chief executive officer
of Kinetica, and will be responsible for enhancing the customer
journey, driving global revenue growth, and developing strategies
for addressing the large market opportunity for Elastic. Appleby
will report to Elastic founder and Chief Executive Officer Shay
Banon.
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Paul Appleby, President, Worldwide Field
Operations, Elastic (Photo: Business Wire)
Appleby joins Elastic as the company continues to see increasing
demand for its enterprise search, observability and security
solutions that are built on a single technology stack under a
unified pricing model. Elastic’s unified, resource-based pricing
enables customers to predictably control costs and fuel rapid
adoption across its solutions.
Appleby brings more than 20 years of experience in senior
management roles in the enterprise software industry to Elastic. He
has a track record of driving significant scale and sustained
growth across all channels, building and leading high-performing
teams, leading go-to-market operations, and developing new
markets.
Prior to Kinetica, Appleby served as president of worldwide
sales and marketing of BMC. He also served in senior leadership
roles at Salesforce, Siebel Systems, C3 AI, Travelex, and SAP.
Supporting Quotes:
- “I’m pleased to welcome Paul to Elastic as president of
worldwide field operations. He joins us as the demand for our
solutions continues to grow, and his more than 20 years of
experience in successfully building and leading global teams will
help us further scale the company,” said Shay Banon, founder and
chief executive officer, Elastic. “Paul is an industry veteran
and an experienced global leader who is uniquely qualified for this
key leadership position at Elastic as we build on our free and open
heritage and drive value for our customers and partners.”
- “Elastic brings customers the speed, scale and simplicity they
need to effectively explore and analyze their data using the power
of search to drive business insights,” said Paul Appleby,
president, worldwide field operations, Elastic. “I’m excited by
Elastic’s solutions and how they help to explore and analyze data
differently using the power of search and the boundless ability of
organizations who use Elastic to solve their most critical and
complex challenges.”
Learn more about the Elastic leadership team here.
About Elastic:
Elastic is a search company built on a free and open heritage.
Anyone can use Elastic products and solutions to get started
quickly and frictionlessly. Elastic offers three solutions for
enterprise search, observability, and security, built on one
technology stack that can be deployed anywhere. From finding
documents to monitoring infrastructure to hunting for threats,
Elastic makes data usable in real time and at scale. Thousands of
organizations worldwide, including Cisco, eBay, Goldman Sachs,
Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia,
and Verizon, use Elastic to power mission-critical systems. Founded
in 2012, Elastic is a distributed company with Elasticians around
the globe and is publicly traded on the NYSE under the symbol ESTC.
Learn more at elastic.co.
Forward-Looking Statements
This press release contains forward-looking statements that
involve substantial risk and uncertainties, which include, but are
not limited to, the appointment of our President, Worldwide Field
Operations and our future growth. These forward-looking statements
are subject to the safe harbor provisions under the Private
Securities Litigation Reform Act of 1995. Our expectations and
beliefs in light of currently available information regarding these
matters may not materialize. Actual outcomes and results may differ
materially from those contemplated by these forward-looking
statements due to uncertainties, risks, and changes in
circumstances, including but not limited to those related to: the
impact of the COVID-19 pandemic on the macroeconomic environment,
on our business, operations, hiring and financial results, and on
businesses of our customers and partners, including their spending
priorities, the effect of governmental lockdowns, restrictions and
new regulations; our future financial performance, including our
expectations regarding our revenue, cost of revenue, gross profit
or gross margin, operating expenses (which include changes in sales
and marketing, research and development and general and
administrative expenses), and our ability to achieve and maintain
future profitability; our ability to continue to deliver and
improve our offerings and successfully develop new offerings,
including security-related product offerings and SaaS offerings;
customer acceptance and purchase of our existing offerings and new
offerings, including the expansion and adoption of our SaaS
offerings; our inability to realize value from investments in the
business, including R&D investments; our ability to maintain
and expand our user and customer base; the impact of foreign
currency exchange rate and interest rate fluctuations on our
results; our international expansion strategy; our operating
results and cash flows; our beliefs and objectives for future
operations; the sufficiency of our capital resources; our ability
to successfully execute our go-to-market strategy and expand in our
existing markets and into new markets, and our ability to forecast
customer retention and expansion; our ability to attract and retain
qualified employees and key personnel; our ability to onboard,
provide training to and integrate new employees; and general
market, political, economic and business conditions (including
developments and volatility arising from the COVID-19 pandemic).
Additional risks and uncertainties that could cause actual outcomes
and results to differ materially are included in our filings with
the Securities and Exchange Commission (the “SEC”), including our
Annual Report on Form 10-K for the fiscal year ended April 30, 2020
and any subsequent reports filed with the SEC. SEC filings are
available on the Investor Relations section of Elastic’s website at
ir.elastic.co and the SEC’s website at www.sec.gov. Elastic assumes
no obligation to, and does not currently intend to, update any such
forward-looking statements, except as required by law.
Elastic and associated marks are trademarks or registered
trademarks of Elastic N.V. and its subsidiaries. All other company
and product names may be trademarks of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200826005681/en/
Lisa Boughner Elastic Corporate Communications
lisa.boughner@elastic.co
Anthony Luscri Elastic Investor Relations ir@elastic.co (650)
695-1055
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