Pure Storage Appoints John Murphy to Board of Directors

Rhea-AI Summary

Pure Storage (PSTG) announced the appointment of John Murphy, former CFO of Adobe, to its Board of Directors on December 1, 2021. Murphy brings a wealth of experience from his roles at Adobe, Qualcomm, and DIRECTV, which is expected to enhance Pure's growth trajectory as the company expands its storage as-a-service model. Concurrently, board members Mark Garrett and Anita Sands will step down on December 15, 2021, after six years of service. Pure Storage acknowledges their contributions during its formative years and is optimistic about the future.

Positive

• Appointment of John Murphy as board member, bringing experience and expertise to enhance growth.
• Murphy's background in finance is expected to drive business momentum and revenue growth.

Negative

• Departure of experienced board members Mark Garrett and Anita Sands could lead to gaps in leadership continuity.

MOUNTAIN VIEW, Calif., Dec. 1, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced the appointment of Adobe and Qualcomm alum, John Murphy, to its Board of Directors.

"With a reputation as a champion for innovation and extensive experience as a financial leader of dynamic organizations, we're thrilled to welcome John to Pure," said Charles Giancarlo, Chairman and CEO of Pure Storage. "His expertise will be invaluable to us as we continue our strong growth and our march to delivering our capabilities as a service."

Murphy most recently served as Executive Vice President and CFO of Adobe, where he drove business momentum and accelerated revenue growth as leader of the company's worldwide finance team. Prior to Adobe, he held senior finance roles at Qualcomm, DIRECTV, and Experian. Murphy also serves as Board Member and Audit Chair for the Boards of both Kyriba and LegalZoom.

"Pure sets the standard for industry innovation and building long-term value for its customers," said Murphy. "I am thrilled for the opportunity to partner with the entire Pure team as it continues to build and execute its vision."

After six years as board members and strategic advisors to the company, Mark Garrett and Anita Sands will leave Pure's board of directors, effective December 15, 2021. 

"We are incredibly grateful to Mark Garrett and Anita Sands for their guidance and wisdom during our formative years. We wish them both the very best in their future endeavors," said Giancarlo.

"I've been part of Pure's journey since their IPO. Over these past six years, Pure's exceptional team has expanded the horizon of the storage industry," said Sands. "With a strong roadmap and leadership team, I'm excited to see what's ahead for Pure."

"It has been a pleasure to contribute to Pure's transformational growth since joining its Board in 2015," said Garrett. "With a strong Board and executive team, and ongoing market momentum, I have no doubt that the Pure team will continue to build solutions that prepare users for the world of tomorrow."

About Pure Storage
Pure Storage gives technologists their time back. Pure delivers a modern data experience that empowers organizations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world.

Analyst Recognition
Leader in the 2021 Gartner Magic Quadrant for Primary Storage Arrays 
Leader in the 2021 Gartner Magic Quadrant for Distributed File Systems & Object Storage

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Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Trademark List at www.purestorage.com/legal/productenduserinfo.html are trademarks of Pure Storage, Inc. Other names are trademarks of their respective owners. 

 

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SOURCE Pure Storage

FAQ

Who is John Murphy, and what experience does he bring to Pure Storage?

John Murphy is the former CFO of Adobe, with extensive financial leadership experience from roles at Qualcomm, DIRECTV, and Experian, which will aid Pure Storage's growth.

What changes are occurring in the Board of Directors at Pure Storage?

On December 15, 2021, Mark Garrett and Anita Sands will leave the board after six years, while John Murphy is appointed to strengthen leadership.

How might the appointment of John Murphy impact Pure Storage's future?

His expertise in finance and successful track record at Adobe may enhance Pure's growth strategies and revenue generation.

What does Pure Storage say about the departing board members?

Pure Storage expressed gratitude for the guidance of Mark Garrett and Anita Sands during its formative years and wished them well in their future endeavors.