Veeam promotes Andrei Baronov and Peter McKay to Co-CEO roles
Veeam Software, a provider of solutions that deliver Availability for the Always-On Enterprise, has announced that it has promoted Co-founder, member of the Board of Directors and CTO, Andrei Baronov, and President & COO and member of the Board of Directors, Peter McKay, to the positions of Co-CEOs. Current CEO and member of the Board of Directors, William H Largent, will take on a new role as Chairman of the Finance & Compensation Committees. Veeam’s Co-founder and Director, Ratmir Timashev, continues in his existing role.
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 into the Americas and APJ markets. Also, Veeam reaffirms its goal of becoming a $1 billion in revenue company by 2019.
“Since starting operations in 2006, Veeam’s growth has been meteoric,” said William H Largent, Chairman of the Finance & Compensation Committees at Veeam. “We have bold plans for Veeam’s future. Our vision of enabling any business to deliver the Digital Life experience customers expect means that we need to continue to be aggressive and customer focused, building on our growth trajectory. These new assignments will help to provide the foundation for continued expansion, and I am delighted that Andrei and Peter have accepted these new roles.”
“Peter has a powerful track record as CEO of several successful startups as well as leadership positions in large established technology leaders like VMware and IBM, and has taken Veeam to the next level in the short 10 months since he joined last summer,” added Ratmir Timashev, Co-Founder at Veeam. “Peter has played a pivotal role in strengthening our GTM sales and marketing strategy and teams, and taking the company into the enterprise and cloud segments. By stepping up and running the go-to-market side of the business, and teaming up with long-term co-founder [Andrei] and the vision that drives our technology and solutions, we are providing a rock-solid platform for future growth.”
As Co-CEOs, Mr Baronov and Mr McKay will focus on key functional competencies and they, along with Mr Largent and Mr Timashev as members of the Board of Directors, will be responsible for optimising the company’s growth potential:
- As Co-CEO, Mr Baronov will continue his existing CTO responsibilities, and shall oversee Veeam’s R&D, market strategy and product management functions with the focus on continued expansion of Veeam’s total addressable market (TAM)
- Mr McKay will spearhead Veeam’s go-to-market, finance and HR functions, as well as work in tandem with Mr Baronov as Co-CEO to drive the company’s future growth
- As Chairman of the Finance & Compensation Committees, Mr Largent will be responsible for the oversight of all corporate governance matters, tax structure, investment management and the internal audit function.
For more information please visit www.veeam.com