Enterprise software-driven solutions company Extreme Networks Inc., that provides agile, adaptive, and secure solutions that enable digital transformation, announced the appointment of Rémi Thomas as the new Chief Financial Officer.
Thomas has more than 25 years of finance experience and joins Extreme Networks after working at CA Technologies, where he served as Senior Vice President, Corporate Controller for the past year and a half. He assumed office on November 26, 2018, and will be reporting to Ed Meyercord, President and Chief Executive Officer.
At CA Technologies, Thomas handled the preparation of financial statements, financial reports and SEC and Regulatory filings, and provided executive leadership on all operational accounting activities. Prior to this, he served as Vice President of Finance at HPE Software. He has also worked for Alcatel-Lucent for close to eight years, mostly in Paris and Shanghai, in various finance leadership roles including CFO for Enterprise and Strategic Industries, CFO for APAC, CFO for Wireless Networks. He was also the head of M&A and Corporate Development, where he drove negotiations that led to the announcement of the merger between Alcatel-Lucent and Nokia. Thomas holds a Master of Business Administration from the University of Warwick in the UK, and a bachelor’s degree in business administration from Toulouse Business School in France.
“Coming off a successful first quarter with record cash collection and a strong balance sheet, we are extremely excited to welcome Rémi Thomas to the Extreme family to drive continued, positive momentum. He is a business-oriented, global finance executive from top pedigree technology firms. He has a strong M&A experience and a deep understanding of the software business, which is a key engineering focus for our company. There is no doubt that he is the right person to help us monetize our development and productization efforts moving forward,” said Meyercord.
Since September, Matt Cleaver, Extreme’s Vice President of Finance, has acted as the interim CFO. Cleaver will resume his position as part of Thomas’ staff and will play a key role in helping him transition into his new role at Extreme. “Matt did an excellent job during these past three months. I want to thank him for the work he did as interim CFO as we made steady progress on our financial goals under his leadership,” Meyercord said.