the category leader that sets the standard for Hadoop in the
enterprise, today announced that Jim Frankola joined the company as its
Chief Financial Officer. Frankola will oversee the company's finance,
legal and IT operations, reporting directly to CEO Mike Olson.
will play a strategic role in helping guide the accelerated growth of
Cloudera as it moves towards profitability and expansion into
momentum continues to build at an incredible pace as the transformation
to the Data-driven Enterprise requires our Big Data products, services
and expertise," said Olson. "Jim not only brings great technology
business experience but also proven success in taking rapid-growth
companies to the next level. His strong track record in helping lead
global businesses will play a vital role in our calculated expansion
into key markets and new technology innovation."
am excited to join Cloudera as the company prepares for its next stage
of growth," said Frankola. "Cloudera's reputation and success in the Big
Data market has been built on the strength of Cloudera Enterprise, the
most widely deployed and trusted enterprise platform for Hadoop, as well
as commitment to open source and focus on customer success. I look
forward to building on the strong foundation set by this stellar team as
the company scales."
has over 25 years of experience in finance and operational leadership
with global technology companies. Prior to joining Cloudera, Frankola
served as Chief Financial Officer at Yodlee, the leading provider of
cloud-based personal financial management solutions, with 600 customers
and more than 40 million users. In this role, he helped the company
accelerate its growth and profitability as a SaaS provider of the
premier personal finance data platform. Prior to Yodlee, Frankola served
as CFO of Ariba where he helped lead the company through several
strategic initiatives including establishing Ariba as a leader in spend
management solutions and transitioning the company's business model from
a traditional enterprise application vendor to a SaaS/cloud company.
in his career, Jim held various financial and executive positions at
Avery Dennison Corporation and IBM. A certified public accountant,
Frankola has a B.S. degree in accounting from Pennsylvania State
University and an M.B.A. in international business and finance from New
York University Leonard N. Stern School of Business.