Hortonworks has over 2,100 partners and over 1,100 support subscription customers worldwide, having rapidly built its customer base across major industries including healthcare, manufacturing, financial services, energy, telecommunications, and the public sector.
The leading innovator of open and connected data platforms recently announced changes to its executive leadership team. With this move, the company expects a total GAAP revenue of $58 million to $59 million for Q2 of 2017.
Following are the changes that have been made at the top managerial level of the company:
- Scott Davidson has been named Chief Operating Officer.
- Veteran sales executive Alan Fudge has been appointed as the new Chief Revenue Officer and promoted.
- Scott Reasoner has been promoted from Senior Vice President, Principal Accounting Officer, to Chief Accounting Officer.
Davidson succeeds Rajnish Verma, who is stepping down as president and chief operating officer after mutual agreement with the company in light of changes to its leadership structure.
“Hortonworks has made great progress in executing our strategy and delivering value to our customers, but there is more work to be done to meet our long-term goals and scale the Company. Therefore, the time is right to make these changes to the structure of our leadership team. Each of these highly talented executives brings extensive experience and insight to their new roles, and I look forward to working with the entire team to drive growth and enhanced value for our customers, shareholders, employees and partners.
“With Scott Davidson’s deep knowledge of our business and strong relationships across various stakeholders, he will be focused on continuing to drive both financial and operational alignment for the Company. In addition, the creation of the chief revenue officer role will allow for highly focused leadership in a pivotal area for our future growth and global expansion, and we look forward to leveraging Alan Fudge’s proven track record in leading sales organizations and delivering revenue growth. Finally, Scott Reasoner has extensive experience and understanding of our financial systems, accounting and processes. Thus, his appointment speaks to both his successes and the deep bench of talent at Hortonworks. With this new leadership structure in place, I am more confident than ever in our ability to execute on our mission to manage the world’s data. On behalf of the Board of Directors and management team, I want to thank Raj for his contributions to the Company. We wish him well in his future endeavors,” said Rob Bearden, chief executive officer of Hortonworks.
Megha Shah for TechFunnel.com