Cohesity makes several C-suite appointments as it readies for IPO

The leadership additions fuel its next stage of growth as Cohesity executes its plan towards reaching positive quarterly cash flow in fiscal year 2024

Data security and management vendor Cohesity has named a new chief financial officer and chief development officer as it gears up to go public.

The data protection provider announced its proposed IPO in December 2021.

Eric Brown steps in as CFO, a veteran in the role at public companies with over 25 years of proven operational experience and skills in helping companies scale.

He will manage Cohesity's financial strategy as it expands its multi-cloud portfolio for data protection, redefines AI-powered data security and data management, and continues on the path to profitable long-term growth.

Brown's industry experiences include a range of enterprise technology markets, including security, data analytics, data management, collaboration, and interactive entertainment.

In 2021, Brown led Informatica's initial public offering as CFO, raising $1bn in proceeds at a $10bn enterprise value.

Prior to that, he served in several public company CFO roles, including Electronic Arts, McAfee, and Polycom.

"The scale and growth Cohesity has achieved is a testament to the tremendous value its AI-powered data management and security innovations bring to organisations," Brown said.

"My role is to ensure the company has the best financial framework for sustainable, profitable growth and leverage my experience to make Cohesity public company-ready."

Meanwhile Srinivasan Murari takes on the CDO job for Cohesity.

He brings more than 35 years of experience building products and services in cloud and enterprise technologies, and will be responsible for Cohesity's engineering and R&D teams as they continue to innovate across AI, security, and multi-cloud.

He most recently served as vice president of engineering at Google Cloud, where he was responsible for the productivity of approximately 20,000 software engineers encompassing compute, storage, networking, security, databases, analytics, AI/ML, Kubernetes, serverless, cloud console, platforms, and fleet management.

Before Google, Murari served as SVP of engineering at VMware, leading teams across the company's storage and availability, vSphere, and ESX portfolios.

"I am excited to work with Cohesity's talented leadership team to continue to deliver industry-leading solutions that can help organisations radically simplify data management, improve their security postures in the face of sophisticated cyberattacks, provide AI-powered insights, and do more with data — their most valuable digital asset," said Murari.

Cohesity gunning for positive cash flow

Cohesity said the leadership changes mark the beginning of a significant milestone in its history, as the company has made a strategic shift in pursuit of a sustainable growth model that prioritises positive cash flow from operations within its fiscal year 2024 (August 1, 2023 - July 31, 2024).