LogicMonitor makes leadership changes after sudden exit of CRO and CFO last year

Infrastructure monitoring vendor promotes president to CEO post while filling CRO and CFO positions after high-ranking execs suddenly left the business last year

LogicMonitor has made a flurry of leadership changes following the sudden departure of its CRO, CFO and EMEA VP last year.

The company's CEO, Kevin McGibben has been elevated to the position of executive chairman, with former president Christina Kosmowski stepping into the CEO role.

The infrastructure monitoring vendor has also filled in positions left vacant by former CRO Mark Banfield and former CFO Ziad Fanous who unexpectedly departed the vendor in July last year.

LogicMonitor's VP for EMEA, Daniela Streng, also departed at the same time.

Carol Lee has taken the CFO position, while Will Corkery has stepped into the CRO role.

Lee was previously CFO of collaborative work management software company Wrike, according to her LinkedIn profile, while she previously held roles at Konica Minolta and GoodData.

Corkery was previously CRO of Boomi for nine years and held previous roles at Quest Software and Persystent Technologies.

The leadership changes came into effect on 1 January, LogicMonitor says.

LogicMonitor claims the appointments come after a record 12 months in which it achieved "50 per cent year-on-year growth". The leadership changes mark a new phase in the company's trajectory, it claims.

McGibben was CEO of LogicMonitor for almost 11 years, during which he grew the business from less than $1m in annual recurring revenues to more than $150m.

New CEO Kosmowski, who joined LogicMonitor in December 2020 after holding senior roles at Slack and Salesforce, will help drive further customer success in the business, the company claims.

"Over her past year at LogicMonitor, Christina has proven herself to be the ideal executive to build on our momentum and accelerate the company's leadership position within the observability space," said Kevin McGibben, executive chairman at LogicMonitor.

"Evolving customer needs signal ever-increasing requirements for business resiliency and transparency - not just as a priority for IT teams, but as a C-suite imperative. Christina's accomplishments at LogicMonitor, her extensive track record of driving customer success throughout her career at other hyper-growth companies in their scaling phases such as Salesforce and Slack, and her keen focus as an advocate for partner success make me supremely confident that she is the right leader to shepherd LogicMonitor's next stage of growth."

LogicMonitor claims to have more than 75,000 users of its software across 30 countries.