STOCK TITAN

Fastly Names Lakshmi Sharma as New Chief Product Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Fastly, Inc. has appointed Lakshmi Sharma as its new Chief Product Officer, effective November 29, 2021. With over 20 years in engineering and product development, Sharma aims to enhance Fastly’s product strategy, focusing on creating modern, secure, and performance-oriented applications for developers. Previously, she led product management efforts at Google Cloud and holds experience in various roles at Cisco and Target. CEO Joshua Bixby expressed confidence in Sharma's ability to drive innovative product roadmaps.

Positive
  • Lakshmi Sharma's extensive experience in product management from tech giants like Google Cloud will enhance Fastly's product strategy.
  • Sharma's focus on customer-centric and security-first roadmaps aligns with current market needs.
Negative
  • None.

Sharma, a former product leader at Google, Cisco, and Target, will drive product strategy at Fastly.

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), a global edge cloud network provider, today announced Lakshmi Sharma as its new Chief Product Officer, effective November 29, 2021. Sharma brings more than 20 years of engineering and product development experience to Fastly and will spearhead the company’s continued investment in products that enable developers to build modern, distributed applications and digital experiences that maximize performance, programmability, and security.

Fastly names Lakshmi Sharma as its new Chief Product Officer. (Photyo: Business Wire)

Fastly names Lakshmi Sharma as its new Chief Product Officer. (Photyo: Business Wire)

“Lakshmi is an incredibly talented leader with a proven track record in driving effective strategy and transformation in engineering and product organizations,” said Joshua Bixby, CEO of Fastly. “Having been at the helm of product initiatives at technology giants and startups alike, Lakshmi knows what it takes to develop customer-centric, security-first roadmaps and bring innovative new products to market.”

“This is a pivotal era for businesses and developers as we aim to rise to the occasion of building the next great modern digital experiences in an online-first world,” said Sharma. “Some of the most vital parts of the internet run on Fastly and the company is uniquely positioned to power even more websites and applications with speed, reliability, and security. I look forward to helping Fastly bring an enterprise-grade product roadmap -- grounded in the developer experience -- to life while maintaining a focus on building inclusive and effective teams.”

Sharma has been building dynamic product organizations for decades, having most recently served as the Director of Product Management for Networking at Google Cloud, where the end-to-end customer experience for network solutions crossing multiple industries was a key responsibility. With extensive experience across infrastructure, cloud, and security organizations, including product and engineering leadership roles at Target Corporation, Cisco, and Juniper Networks, she is poised to make significant contributions to Fastly’s delivery, security, and edge compute portfolio. Sharma will report directly to Fastly CEO Joshua Bixby and will focus on the long-term product roadmap and innovation that empowers Fastly customers to develop, deliver, and secure modern distributed applications.

About Fastly

Fastly is upgrading the internet experience to give people and organizations more control, faster content, and more dynamic applications. By combining the world’s fastest global edge cloud network with powerful software, Fastly helps customers develop, deliver, and secure modern distributed applications and compelling digital experiences. Fastly’s customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub. For more information on our mission and products, visit https://www.fastly.com/.

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to, those regarding our ability to continue to invest in products that enable developers to build modern, distributed applications and digital experiences, our ability to aid businesses and developers in building the next great modern digital experiences in an online-first world, and our ability to bring an enterprise-grade product roadmap to life while maintaining inclusive and effective teams. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Fastly files with the Securities and Exchange Commission (SEC), including in our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021. Copies of reports filed with the SEC are posted on Fastly’s website and are available from Fastly without charge.

Source: Fastly, Inc.

Investor Contact:

ir@fastly.com

Media Contact:

press@fastly.com

Source: Fastly, Inc.

FAQ

Who is the new Chief Product Officer of Fastly as of November 29, 2021?

Lakshmi Sharma has been appointed as the new Chief Product Officer of Fastly.

What experience does Lakshmi Sharma bring to Fastly?

Lakshmi Sharma has over 20 years of experience in engineering and product development, including leadership roles at Google Cloud and Cisco.

What is Lakshmi Sharma's role at Fastly?

As Chief Product Officer, Lakshmi Sharma will drive Fastly's product strategy and innovation.

How does Fastly plan to enhance digital experiences with the new Chief Product Officer?

Under Sharma's leadership, Fastly aims to create modern, secure applications focused on performance for developers.

What did CEO Joshua Bixby say about Lakshmi Sharma's appointment?

CEO Joshua Bixby expressed confidence in Sharma's track record in driving strategy and product innovation.

Fastly, Inc.

NYSE:FSLY

FSLY Rankings

FSLY Latest News

FSLY Stock Data

923.88M
140.30M
7.26%
70.2%
8.92%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO