Docebo Inc. Announces Chief Financial Officer Transition

Rhea-AI Summary

Docebo Inc. announced the retirement of Chief Financial Officer Ian Kidson, effective October 11, 2021. Sukaran Mehta has been appointed as Interim CFO immediately, with Kidson providing consulting support until December 31, 2021. CEO Claudio Erba praised Kidson's contributions during a significant period of growth for the company. Docebo aims to redefine enterprise learning through its multi-product suite, empowering organizations to tackle learning challenges effectively.

Positive

• Sukaran Mehta's appointment as Interim CFO ensures continuity in financial leadership during the transition.
• The company has established a strong foundation with an experienced finance team, positioning it for future growth.

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• None.

TORONTO--(BUSINESS WIRE)-- Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or the “Company”) announced today Ian Kidson’s retirement as Chief Financial Officer of Docebo.

Sukaran Mehta, CPA, CA, ACA, Vice President of Financial Reporting, has been appointed as Interim Chief Financial Officer effective immediately until a permanent replacement is named. Mr. Kidson will continue to be employed by Docebo until October 11, 2021. He will then be available on a consulting basis until December 31, 2021 to provide support as needed and ensure an orderly transition.

“Ian joined Docebo to help us prepare and execute our IPO and on behalf of the Company, we thank him for his contributions during a period of unprecedented progress and growth,” said Claudio Erba, CEO. “We have a great foundation today, with an experienced finance team led by Sukaran that enables this orderly transition as we position Docebo for our next phase of growth.”

About Docebo

Docebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and understand the business impact of their learning experiences. With Docebo’s multi-product learning suite, enterprises around the world are equipped to tackle any learning challenge and create a true learning culture within their organization.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210913005243/en/

Dennis Fong

Investor Relations

(416) 283-9930

Source: Docebo Inc.

FAQ

Who is the new Interim CFO of Docebo?

Sukaran Mehta is the new Interim Chief Financial Officer of Docebo, effective immediately.

When is Ian Kidson's retirement effective?

Ian Kidson's retirement as CFO is effective October 11, 2021.

What support will Ian Kidson provide after his retirement?

Ian Kidson will provide consulting support until December 31, 2021, to ensure an orderly transition.

What is Docebo's business focus?

Docebo focuses on redefining enterprise learning through its multi-product learning suite.