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GitLab Names Bill Staples as New CEO

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GitLab (NASDAQ: GTLB) has appointed Bill Staples as its new CEO and board member, succeeding co-founder Sid Sijbrandij, who is transitioning to executive chair to focus on his health and cancer treatment. Sijbrandij's cancer is non-metastatic, and his treatments are progressing well.

GitLab currently serves over 10,000 customers with more than $750M in run-rate revenue. Staples brings nearly 30 years of experience in building developer platforms, having previously served as CEO at New Relic where he significantly increased the company's enterprise value. His prior experience includes executive leadership roles at Microsoft and Adobe.

GitLab (NASDAQ: GTLB) ha nominato Bill Staples come suo nuovo CEO e membro del consiglio, succedendo al co-fondatore Sid Sijbrandij, che sta passando al ruolo di presidente esecutivo per concentrarsi sulla sua salute e sul trattamento per il cancro. Il cancro di Sijbrandij è non metastatico e i suoi trattamenti stanno procedendo bene.

GitLab attualmente serve oltre 10.000 clienti con più di 750 milioni di dollari in entrate annuali. Staples porta con sé quasi 30 anni di esperienza nella costruzione di piattaforme per sviluppatori, avendo precedentemente ricoperto il ruolo di CEO presso New Relic, dove ha significativamente aumentato il valore dell'azienda. La sua esperienza precedente include ruoli di leadership esecutiva presso Microsoft e Adobe.

GitLab (NASDAQ: GTLB) ha nombrado a Bill Staples como su nuevo CEO y miembro de la junta, sucediendo al cofundador Sid Sijbrandij, quien está pasando a ser presidente ejecutivo para centrarse en su salud y tratamiento del cáncer. El cáncer de Sijbrandij es no metastásico y sus tratamientos están avanzando bien.

GitLab actualmente atiende a más de 10,000 clientes con más de $750 millones en ingresos anuales. Staples aporta casi 30 años de experiencia en la construcción de plataformas para desarrolladores, habiendo sido anteriormente CEO de New Relic, donde aumentó significativamente el valor empresarial de la compañía. Su experiencia previa incluye roles de liderazgo ejecutivo en Microsoft y Adobe.

GitLab (NASDAQ: GTLB)는 Bill Staples을 새로운 CEO이자 이사로 임명하였으며, 그는 공동 창립자인 Sid Sijbrandij를 대신하여 이 직책을 맡게 되었습니다. Sijbrandij는 건강과 암 치료에 집중하기 위해 집행 의장으로 전환하고 있습니다. Sijbrandij의 암은 비전이성 암이며 그의 치료는 잘 진행되고 있습니다.

현재 GitLab은 10,000명 이상의 고객에게 연간 7억 5천만 달러 이상의 수익을 제공하고 있습니다. Staples는 개발자 플랫폼 구축에 거의 30년의 경험을 보유하고 있으며, 이전에 New Relic의 CEO로 재직하면서 회사의 기업 가치를 크게 높였습니다. 그의 이전 경험은 Microsoft 및 Adobe에서의 임원 리더십 역할을 포함합니다.

GitLab (NASDAQ: GTLB) a nommé Bill Staples comme nouveau PDG et membre du conseil d'administration, succédant au co-fondateur Sid Sijbrandij, qui passe au rôle de président exécutif pour se concentrer sur sa santé et son traitement du cancer. Le cancer de Sijbrandij est non métastatique et ses traitements progressent bien.

GitLab sert actuellement plus de 10 000 clients avec plus de 750 millions de dollars de revenus annuels. Staples apporte près de 30 ans d'expérience dans la construction de plateformes pour développeurs, ayant précédemment occupé le poste de PDG chez New Relic où il a considérablement augmenté la valeur de l'entreprise. Son expérience antérieure comprend des rôles de direction exécutive chez Microsoft et Adobe.

GitLab (NASDAQ: GTLB) hat Bill Staples als neuen CEO und Vorstandsmitglied ernannt und folgt damit dem Mitgründer Sid Sijbrandij, der in die Rolle des Executive Chair wechselt, um sich auf seine Gesundheit und die Behandlung seiner Krebserkrankung zu konzentrieren. Sijbrandijs Krebs ist nicht-metastatisch, und seine Behandlungen verlaufen gut.

GitLab bedient derzeit über 10.000 Kunden und erzielt über 750 Millionen Dollar an wiederkehrenden Einnahmen. Staples bringt fast 30 Jahre Erfahrung im Aufbau von Entwicklerplattformen mit und war zuvor CEO bei New Relic, wo er den Unternehmenswert erheblich steigerte. Seine vorherigen Erfahrungen umfassen Führungspositionen bei Microsoft und Adobe.

Positive
  • Company has achieved $750M+ in run-rate revenue
  • Strong customer base of over 10,000 clients
  • New CEO brings extensive experience from successful leadership roles at New Relic, Microsoft, and Adobe
  • Demonstrated track record of increasing enterprise value in previous CEO role at New Relic
Negative
  • Unexpected CEO transition due to health reasons could create short-term leadership uncertainty

Co-founder Sid Sijbrandij transitions to Executive Chair of the Board

SAN FRANCISCO--(BUSINESS WIRE)-- All Remote—GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, announced Bill Staples was named CEO and a member of the board of directors effective today. Staples succeeds co-founder and CEO Sid Sijbrandij, who is stepping down from the day-to-day role to focus on his health. At the same time, Sijbrandij will transition to executive chair of GitLab’s board of directors.

Bill Staples, CEO at GitLab (Photo: Business Wire)

Bill Staples, CEO at GitLab (Photo: Business Wire)

“I am very pleased to welcome Bill to the role of CEO at GitLab. I believe his passion for software, commitment to customers, and strong track record make him the right person to lead the company going forward,” said Sid Sijbrandij, GitLab co-founder and executive chair of the board of GitLab Inc. “What started as a collaboration tool for developers is now the leading AI-powered DevSecOps platform. I am confident GitLab is well-positioned for continued success in the next phase of our journey. This is the right time to focus on my cancer treatment and health. My treatments are going well, my cancer is not metastatic, and I'm working towards making a full recovery.”

“I’d like to thank Sid for his vision and leadership throughout the last decade. Over that time, GitLab has grown to be a market-leading DevSecOps company which now serves more than 10,000 customers with over $750M in run-rate revenue,” said Godfrey Sullivan, lead independent director, GitLab board of directors. “Looking ahead, the board and I could not be happier to welcome Bill to the role of GitLab CEO. His track record of bringing teams together, experience scaling enterprise software organizations, and focus on innovation makes him the right person to lead the company.”

“For the past twelve years, Sid and the team have established GitLab as the most comprehensive AI-powered DevSecOps platform that developers love, and enterprises around the world rely on for software innovation,” said Bill Staples, CEO, GitLab. “I am honored and excited to lead the company into this next chapter and to help our customers and partners accelerate innovation and deliver business value.”

As CEO at New Relic, Staples’ strategic leadership and deep product knowledge significantly increased the company’s enterprise value. By accelerating revenue and driving increased profitability, he made New Relic one of the most broadly adopted platforms in its category. Staples has nearly 30 years of experience building developer platforms and serving developers as customers. Prior to New Relic, he spent many years at Microsoft and Adobe in executive leadership roles, building and scaling several multi-billion-dollar businesses.

About GitLab

GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 40 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster.

Media Contact:

Lisa Boughner

press@gitlab.com

Investor Contact:

Kelsey Turcotte

ir@gitlab.com

Source: GitLab Inc.

FAQ

Why did GitLab (GTLB) change its CEO in December 2023?

GitLab's co-founder Sid Sijbrandij stepped down as CEO to focus on his cancer treatment, transitioning to executive chair of the board. He was succeeded by Bill Staples.

What is GitLab's (GTLB) current run-rate revenue?

GitLab's run-rate revenue exceeds $750 million, serving more than 10,000 customers.

What is Bill Staples' background before joining GitLab (GTLB)?

Bill Staples was previously CEO at New Relic and held executive leadership roles at Microsoft and Adobe, with nearly 30 years of experience building developer platforms.

GitLab Inc.

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