Box Announces Appointment of Amit Walia, CEO of Informatica, to Its Board of Directors

Rhea-AI Summary

Box, Inc. (NYSE:BOX) announced the appointment of Amit Walia to its Board of Directors, effective immediately. Walia brings over 25 years of experience in technology leadership, including roles as CEO of Informatica and positions at Symantec and Intuit. Box's Chair, Bethany Mayer, highlighted Walia's expertise in cloud data management and cybersecurity as key to the company's growth strategy. CEO Aaron Levie expressed optimism about Walia's insights aiding Box's market leadership and customer engagement as it enhances its Content Cloud platform.

Positive

• Amit Walia's extensive experience in technology and leadership roles is expected to bring fresh perspectives to Box.
• Walia's background in cloud data management and cybersecurity aligns with Box's strategic direction for growth.
• His proven track record in scaling operations at Informatica and other firms may drive valuable insights for Box's future initiatives.

Negative

• None.

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE:BOX) today announced the appointment of Amit Walia to its Board of Directors, effective immediately. Walia brings more than 25 years of deep industry expertise, including his operating roles as CEO of Informatica and President of Products and Marketing at Informatica, as well as leadership roles at Symantec Corporation, Intuit Inc., and McKinsey & Company.

“Amit’s deep technology experience and extensive expertise leading operations, product, and marketing teams at global technology enterprises in areas of cloud data management, data governance and cybersecurity will be a valuable addition to our Board of Directors,” said Bethany Mayer, Chair of the Box Board. “We’re excited by the collective expertise the board brings to Box as we transform businesses with our Content Cloud platform strategy and continue to position the company for long-term growth and profitability.”

“We believe Amit’s strong experience successfully scaling and driving record growth at enterprise leaders like Informatica, Intuit and Symantec will be extremely valuable as more customers are turning to the Box Content Cloud to deliver secure content management and collaboration built for the new way of working,” said Aaron Levie, co-founder and CEO of Box. “We look forward to Amit’s insights and contributions as we continue to build on our market leadership.”

“Box has built the industry leading Content Cloud and as the future of work continues to evolve, they have an incredible opportunity to reshape how businesses of all sizes operate,” said Amit Walia. “I’m thrilled to bring my experience managing global technology companies and working with leaders to drive growth and consistently deliver value for customers to the exceptional team at Box.”

Background on Amit Walia

Mr. Walia has served as Chief Executive Officer and a member of the board of directors of Informatica Inc. (NYSE: INFA), an enterprise cloud data management company, since January 2020. Previously, Mr. Walia served in various roles at Informatica from October 2013 to January 2020, including most recently as President, Products and Marketing, where he was responsible for Informatica’s product and market strategy, product management, product development, user experience, cloud operations, strategic ecosystems strategy, partnerships with strategic ecosystems, and global marketing function.

Prior to Informatica, Mr. Walia worked in leadership positions across a variety of functions at Symantec Corporation, a cybersecurity company, Intuit Inc., a business and financial management solutions company, and McKinsey & Company, a management consulting company. He spent the earlier part of his career working for Tata Group, a multinational conglomerate, and Infosys Technologies Ltd, a digital services and consulting company, in India.

Mr. Walia holds a B.Tech. from the Indian Institute of Technology, Varanasi, India, and an M.B.A. from the Kellogg School of Management, Northwestern University.

About Box

Box (NYSE:BOX) is the leading Content Cloud, a single platform that empowers organizations to manage the entire content lifecycle, work securely from anywhere, and integrate across best-of-breed apps. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia. Visit box.com to learn more. And visit box.org to learn more about how Box empowers nonprofits to fulfill their missions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220818005217/en/

Investor Relations:

Cynthia Hiponia / Elaine Gaudioso

650-209-3463

ir@box.com

or

Media Contact:

Rachel Levine

650-503-4209

press@box.com

Source: Box, Inc.

FAQ

What is the significance of Amit Walia's appointment to Box's Board of Directors?

Amit Walia's appointment is significant as he brings extensive experience in technology and leadership, which is expected to enhance Box's strategic direction and growth.

How might Amit Walia's experience with Informatica benefit Box?

Amit Walia's experience with Informatica, particularly in cloud data management and scaling operations, may provide valuable insights to Box as it enhances its Content Cloud platform.

When did Amit Walia join Box's Board of Directors?

Amit Walia joined Box's Board of Directors effective immediately on the announcement made by the company.

What has Box's CEO said about Amit Walia's role?

Box's CEO Aaron Levie expressed optimism that Walia's insights and leadership will strengthen Box's market leadership and customer relations.

What expertise does Amit Walia bring to Box's Board?

Amit Walia brings expertise in cloud data management, cybersecurity, and a strong record in scaling successful technology operations, particularly from his time at Informatica.