Sumo Logic Names Joe Kim as President and Chief Executive Officer
2023年5月15日 - 10:30PM
Sumo Logic, the SaaS analytics platform to enable reliable and
secure cloud-native applications, today announced that Joe Kim has
been appointed President and Chief Executive Officer, effective
immediately. Mr. Kim succeeds Ramin Sayar, who is stepping down
after leading Sumo Logic over the past eight and half years and now
through its successful acquisition by Francisco Partners.
Mr. Kim is a seasoned technology executive with more than two
decades of operating executive experience in application,
infrastructure, and security industries. Most recently, Mr. Kim
served as a Senior Operating Partner for Francisco Partners
Consulting (FPC), assisting in deal thesis, assessing
product-market-fit and technology readiness and helping portfolio
companies create value for customers and shareholders through
advisory, board and mentorship activities. Prior to FPC, Mr. Kim
served as the Chief Technology and Chief Product Officer of Citrix,
where he was responsible for strategy, development and delivery of
the company’s $3.2 billion portfolio of products. Throughout the
course of his career, Mr. Kim has held various senior executive
roles at SolarWinds, Hewlett Packard Enterprise and General
Electric. In addition, Mr. Kim currently serves on the boards of
SmartBear and Andela and is a member of the Innovation Advisory
Council. He is a graduate of Marquette University.
“I have long been impressed by Sumo Logic’s ability to deliver
powerful insights to customer’s cloud infrastructures through its
observability and security solutions,” Mr. Kim said. “We intend to
build on this strong foundation and deliver the leading SaaS
analytics platform for reliable and secure cloud-native
applications. I am excited to hit the ground running and to work
alongside the Sumo Logic team to accelerate growth, innovate on our
leading technology and empower our customers.”
Added Mr. Sayar, “I am very proud of the continued success and
journey for Sumo Logic. I know that Sumo Logic’s customers,
partners and employees are in good hands with Joe Kim as CEO. As
the business transitions to private ownership, I look forward to
seeing what the Sumo Logic and Francisco Partners teams can achieve
together in this large and growing market opportunity.”
“We want to thank Ramin for his many years of leadership at Sumo
Logic. Under his guidance, Sumo Logic has become a leading SaaS
analytics platform for the observability and security markets. We
are thrilled to partner with Joe in his new role as CEO. Joe brings
a depth of product and technology experience and a strong
customer-orientation, which will be instrumental in driving
continued growth and market leadership at Sumo Logic,” said Brian
Decker and Evan Daar, Partners at Francisco Partners.
“We are excited to partner with the Sumo Logic team to help
accelerate investments in our SaaS analytics platform, ensuring
customers are able to observe and secure their most
mission-critical cloud-native applications,” added Karl Shum,
Principal at Francisco Partners.
About Sumo Logic
Sumo Logic, Inc. empowers the people who power modern, digital
business. Through its SaaS analytics platform, Sumo Logic enables
customers to deliver reliable and secure cloud-native applications.
The Sumo Logic Continuous Intelligence Platform™ helps
practitioners and developers ensure application reliability, secure
and protect against modern security threats, and gain insights into
their cloud infrastructures. Customers around the world rely on
Sumo Logic to get powerful real-time analytics and insights across
observability and security solutions for their cloud-native
applications. For more information, visit www.sumologic.com.
About Francisco Partners
Francisco Partners is a leading global investment firm that
specializes in partnering with technology businesses. Since its
launch over 20 years ago, Francisco Partners has invested in over
400 technology companies, making it one of the most active and
longstanding investors in the technology industry. With
approximately $45 billion in capital raised to date, the firm
invests in opportunities where its deep sectoral knowledge and
operational expertise can help companies realize their full
potential. For more information on Francisco Partners, please visit
www.franciscopartners.com.
Media Contacts:
Sumo Logic
Carmen HarrisSumo Logiccharris@sumologic.com(650) 414-1584
Francisco Partners
Whit Clay / Sarah Braunsteinwclay@sloanepr.com /
sbraunstein@sloanepr.com
Sumo Logic (NASDAQ:SUMO)
過去 株価チャート
から 10 2024 まで 11 2024
Sumo Logic (NASDAQ:SUMO)
過去 株価チャート
から 11 2023 まで 11 2024