Veeam Software, the leader in Intelligent Data Management for the
Hyper-Available Enterprise, today announced that it has re-structured its
executive team, promoting Andrei Baronov to Chief Executive Officer
(CEO). In addition to Co-Founder Mr. Baronov's promotion, Ratmir
Timashev, Veeam's other Co-Founder, becomes Executive Vice President (EVP), WW
Sales and Marketing, with William Largent assuming the role of Executive Vice President
(EVP), Operations. Both Mr. Timashev and Mr. Largent will report to the
CEO.
These executive changes add
extra focus and strength to help the company continue its rapid expansion into
the Enterprise and Cloud segments and enable it to accelerate growth across all
markets.
"I want to thank Peter McKay
for his dedication and energy, and we all wish him the best in his new
endeavors," said Andrei Baronov, Co-Founder and CEO at Veeam. "He leaves Veeam
with a deep bench strength of experienced management leaders who will carry our
vision and strategy forward. The changes we have made to the executive team
will ensure that Veeam continues our aggressive growth, and we can deliver the
exceptional customer experience we are renowned for."
Veeam recently reported its
41st consecutive quarter of double-digit growth, experiencing a 20%
year-over-year (YoY) increase in bookings and more than 26% YoY growth in its
cloud business. Moreover, traction with its alliance partners
outperformed all expectations, with Cisco, HPE, Lenovo and NetApp helping drive
a 128% YoY increase in bookings via unique resale agreements. The
executive changes will enable Veeam to continue its growth trajectory to be the
next billion-dollar software company.
"Veeam is on a rapid growth trajectory
and our vision and strategy to be the most trusted Intelligent Data Management
company is seeing us secure more than 4,000 new customers a month, driving
sequential double-digit bookings growth," added Ratmir Timashev, Co-Founder and
Executive Vice President (EVP), WW Sales and Marketing at Veeam. "As
testament to the growth we are experiencing, according to the most recent IDC
Software Tracker for Data Replication & Protection 2018H1, Veeam is #4 in
market share after Dell, IBM and Veritas, and ahead of Commvault; we are by far
the fastest growing vendor with 24.7% YOY growth, while others are declining. I
know the entire Veeam team is committed to accelerate our growth even further
and we are well on track to deliver another record bookings year."
For more information, visit
https://www.veeam.com.