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GoDaddy Elects New Board Member

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GoDaddy (NYSE: GDDY) has elected Graham Smith as a new independent director as of June 26, 2024. Smith will serve as a Class I director until the 2025 annual meeting, where all directors will stand for election. He joins the Audit and Finance Committee. Smith's extensive experience includes leadership roles at top technology companies, such as Salesforce, Splunk, and Oracle. GoDaddy's board chair Brian Sharples and CEO Aman Bhutani both expressed confidence in Smith's ability to drive growth and profitability. Smith currently serves on the boards of Axon Enterprise and Procore Technologies.

Positive
  • Graham Smith's election as a new independent director is expected to bring over 30 years of leadership and operational finance experience.
  • Smith's background includes key roles at Salesforce, Oracle, and Splunk, which could translate into enhanced strategic direction for GoDaddy.
  • Smith's current board roles at Axon Enterprise and Procore Technologies add to his extensive governance experience.
Negative
  • Potential concerns about continuity and alignment with GoDaddy's existing strategy might arise due to the introduction of a new board member with different experiences.

TEMPE, Ariz., June 27, 2024 /PRNewswire/ -- The board of directors of GoDaddy Inc. (NYSE: GDDY) unanimously elected Graham Smith as a new independent director effective June 26, 2024. He will serve as a Class I director until the company's 2025 annual meeting of stockholders, at which time all directors will stand for annual election. Smith will join the board of directors' Audit and Finance Committee.

"We are pleased to welcome Graham to the GoDaddy board," said Brian Sharples, chair of GoDaddy's board of directors. "Graham's 30-year career entails leadership, operational finance and board service at some of the world's most highly respected technology companies. His unique background and proven experience will further enhance our ability to provide compelling solutions for our customers while ensuring we can deliver an optimal combination of top-line growth and profitability."

Aman Bhutani, GoDaddy chief executive officer and member of the board of directors, added, "We are excited to welcome Graham to the GoDaddy team. His leadership experience as a public company chief financial officer and his success helping technology companies grow and scale are ideal proficiencies for the board as we continue to unlock new opportunities for growth."

Smith, 64, currently serves as a board member for publicly traded companies Axon Enterprise, Inc. and Procore Technologies, Inc. Smith previously served as chair of the board of directors of Splunk Inc. until it was acquired by Cisco Systems, Inc. in March 2024. Smith also served as Splunk's interim chief executive officer from November 2021 through April 2022. He retired from Salesforce.com, Inc. in 2015 after eight years of service, where he served as executive vice president and chief financial officer. Smith previously held various senior leadership roles at Advent Software, Inc., Vitria Technology, Inc., Nuance Communications, Inc., and Oracle Corporation. He began his career at Arthur Andersen (now Deloitte LLP) where he held various roles, including senior auditor.

About GoDaddy
GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online and in-person. GoDaddy's easy-to-use tools help microbusiness owners manage everything in one place, and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.GoDaddy.com.

Source: GoDaddy Inc.

(PRNewsfoto/GoDaddy Inc.)

 

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SOURCE GoDaddy Inc.

FAQ

When did Graham Smith join GoDaddy's board?

Graham Smith joined GoDaddy's board on June 26, 2024.

What committees will Graham Smith serve on at GoDaddy?

Graham Smith will serve on the Audit and Finance Committee.

What is Graham Smith's experience in the technology sector?

Graham Smith has held leadership roles at Salesforce, Splunk, Oracle, and other tech companies, bringing over 30 years of experience.

What other boards does Graham Smith currently serve on?

Graham Smith currently serves on the boards of Axon Enterprise and Procore Technologies.

How might Graham Smith's election affect GoDaddy's strategy?

Graham Smith's extensive experience in leadership and finance is expected to enhance GoDaddy's strategic direction and profitability.

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