Veeam hires RingCentral COO as new CEO

1 min read People Data
Veeam has announced that it has appointed Anand Eswaran as its new CEO and a member of the company’s board of directors. Bill Largent will step down as CEO to focus on his role as chairman of the board of directors.

Eswaran (pictured)joins Veeam from RingCentral where he was president and chief operating officer, overseeing growth and customer expansion. In the company’s most recent financial results under Eswaran’s leadership, it reported ARR of $1.6 billion, a 39 per cent increase year-over-year.

Bill Largent, chairman of the board of directors at Veeam, commented, “I am excited to welcome Anand as Veeam’s new CEO. Anand brings extensive experience in developing new business models, executing on market expansion and driving growth with an inclusive purpose-led and people-first culture.

“To have someone with Anand’s experience on board will lead us into a new era of success, as we further accelerate into the cloud and evaluate the opportunity for Veeam to be a publicly traded company in the future.”

Anand Eswaran, CEO at Veeam, added, “I am delighted to be joining such a talented team at an exciting time in its journey. Data is exploding and has become one of the most important assets for all organizations. As such, data management, security and protection are pivotal to the way organizations operate today, and failure to have a robust strategy can be catastrophic.”

Prior to RingCentral, Eswaran was responsible for Microsoft’s enterprise commercial and public sector solutions globally. Earlier in his tenure at Microsoft, he led Microsoft services, industry solutions, digital, customer care, and customer success. He has also held roles at SAP, HP, Vignette (now OpenText), and Braun Consulting (now Fair Isaac).

Veeam, which crossed $1 billion in ARR this year and has over 400,000 customers, orchestrates data movement, control and trusted protection in any environment and across hybrid cloud.