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Anaplan Appoints Vikas Mehta as Chief Financial Officer

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management
Rhea-AI Summary

Anaplan, Inc. (NYSE: PLAN) has announced the appointment of Vikas Mehta as Chief Financial Officer, effective July 19. Vikas brings nearly 20 years of finance and strategic leadership experience, having held significant roles at Microsoft and Nike. He expressed enthusiasm about joining Anaplan and acknowledged the company’s potential to impact businesses with its innovative planning platform. The CEO expressed confidence in Vikas's ability to help advance Anaplan's growth strategy.

Positive
  • Appointment of Vikas Mehta as CFO may bring new perspectives and strategies to Anaplan.
  • Vikas has significant experience in digital transformation and strategic leadership from notable companies like Microsoft and Nike.
  • His role in investor relations previously could strengthen Anaplan's relationship with investors.
Negative
  • Concerns might arise regarding management continuity during the transition period.

Anaplan, Inc. (NYSE: PLAN), provider of the leading cloud-native platform for orchestrating business performance, announced that Vikas Mehta has joined its executive team as Chief Financial Officer effective July 19.

“We are excited to welcome a progressive financial executive of Vikas’ caliber to the Anaplan team,” said Frank Calderoni, Chairman and CEO of Anaplan. “I look forward to him working closely with everyone at Anaplan to continue to realize our growth strategy.”

Vikas has an extensive career building digital businesses and driving digital transformation in technology and retail organizations. He has nearly 20 years of experience across finance and strategic leadership roles including divisional CFO, financial planning, audit, controllership, investor relations, and M&A. Prior to joining Anaplan, Vikas held multiple leadership roles at Microsoft in their commercial business, cloud computing and digital transformation efforts specifically with sales strategy, business development, and finance. He also held a key role in investor relations where he established a strong rapport and track record with investors. Most recently Vikas was CFO of Nike's direct business leading both digital and the direct-to-consumer transition and has also worked at Walmart eCommerce, eBay and Autodesk.

“I am incredibly excited to join Anaplan, a company I have long admired for its differentiated planning platform,” Mehta said. “In the next decade, as organizations expect business applications to be more intelligent, integrated, and real-time, Anaplan has a massive opportunity and unparalleled capability to make a major impact. I look forward to working with this impressive team to create value for our customers, partners, employees and shareholders.”

About Anaplan

Anaplan (NYSE: PLAN) is a transformative way to see, plan, and run your business. Using our proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Because connecting strategy and plans to collaborative execution across your enterprise is required to move business FORWARD today. Based in San Francisco, we have 20 offices globally, 175 partners and more than 1,700 customers worldwide. To learn more, visit Anaplan.com

FAQ

Who is the new Chief Financial Officer of Anaplan?

Vikas Mehta has joined Anaplan as the new Chief Financial Officer.

When did Vikas Mehta start as CFO at Anaplan?

Vikas Mehta started as CFO on July 19.

What experience does Vikas Mehta bring to Anaplan?

Vikas has nearly 20 years of experience in finance and strategic leadership roles, including significant positions at Microsoft and Nike.

How might Vikas Mehta's appointment affect Anaplan's growth strategy?

His extensive background in digital transformation and investor relations may enhance Anaplan's growth strategy and investor relations.

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