Smartsheet Names Khozema Shipchandler to Board of Directors

Rhea-AI Summary

Smartsheet announces the appointment of Khozema Shipchandler, President of Communications at Twilio Inc., to its board of directors. Shipchandler brings extensive experience in growing and scaling global digital businesses. Smartsheet has been recognized as one of Fast Company's Most Innovative Companies of 2023 and a leader in G2's Best Software Awards.

Positive

• Khozema Shipchandler's appointment brings valuable expertise to Smartsheet, particularly in growing and scaling global digital businesses.
• Smartsheet has been recognized as one of Fast Company's Most Innovative Companies of 2023, which highlights its commitment to innovation and staying ahead in the market.
• The company has also been ranked in the top five for Best Products for Enterprise in G2's 2023 Best Software Awards, showcasing the quality and effectiveness of its products.
• Shipchandler's appointment comes during a period of continued growth and success for Smartsheet, indicating positive momentum for the company.
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Twilio President brings deep expertise in multi-faceted and multi-product global businesses to Smartsheet board

BELLEVUE, Wash.--(BUSINESS WIRE)-- Smartsheet, the enterprise platform for modern work management, today announced the appointment of Khozema Shipchandler to its board of directors. He will also serve on the board’s Audit Committee. Shipchandler, President, Communications at Twilio Inc. and a 22-year veteran of General Electric, brings a depth and breadth of experience to Smartsheet, with a focus on growing and scaling global digital businesses and communities.

Khozema Shipchandler (Photo: Business Wire)

“Khozema combines deep financial expertise with enterprise scale and innovation at businesses with a stalwart commitment to operational excellence,” said Mark Mader, president and CEO of Smartsheet. “His experience in software and technology in international markets will serve us well as we grow our platform to address our global enterprise customers’ most pressing needs.”

Shipchandler’s appointment comes during a period of continued growth and success for Smartsheet during which the company has been recognized as one of Fast Company’s Most Innovative Companies of 2023 and a leader in G2’s 2023 Best Software Awards, ranking in the top five for Best Products for Enterprise (#5), and Brandfolder by Smartsheet being recognized as the Momentum Leader in G2’s Winter 2023 Momentum Grid Report for Digital Asset Management.

“Collaborative work management (CWM) platforms allow companies of all sizes to see nearly immediate impact from their investments,” said Shipchandler. “As every enterprise seeks to do more with less in today’s climate, Smartsheet has a massive opportunity to further cement its leadership status and capitalize on the sizable market opportunity in front of them."

About Khozema Shipchandler

As President at Twilio Inc., Khozema Shipchandler is responsible for driving growth, efficiency, and innovation across the Twilio Communications business to deliver the streamlined experiences that delight hundreds of thousands of businesses across the globe. With over 25 years of experience, he has served as Twilio’s Chief Operating Officer and Chief Financial Officer, as well as in a variety of financial roles at GE, across Industrial Internet, Aviation and Corporate Audit, in the U.S., Middle East and Singapore. Khozema earned his bachelor’s degree from Indiana University Bloomington and completed graduate coursework at The University of Chicago Booth School of Business.

About Smartsheet

Smartsheet (NYSE: SMAR) is the enterprise platform for modern work management. By aligning people and technology so organizations can move faster and drive innovation, Smartsheet enables its millions of users to achieve more. Visit www.smartsheet.com to learn more.

Forward-Looking Statements

This press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, statements about Smartsheet’s expectations regarding possible or assumed business strategies, potential growth and innovation opportunities, new products, and potential market opportunities.

Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “believe,” “continue,” “could,” “potential,” “remain,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our ability to achieve future growth and sustain our growth rate, our ability to attract and retain talent, our ability to attract and retain customers (including government customers) and increase sales to our customers, our ability to develop and release new products and services and to scale our platform, our ability to increase adoption of our platform through our self-service model, our ability to maintain and grow our relationships with channel and strategic partners, the highly competitive and rapidly evolving market in which we participate, our ability to identify targets for, execute on, or realize the benefits of, potential acquisitions, and our international expansion strategies. Further information on risks that could cause actual results to differ materially from forecasted results is included in our filings with the U.S. Securities and Exchange Commission (SEC), including our Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2023 filed with the SEC on June 8, 2023. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230626467039/en/

Chrissy Vaughn

pr@smartsheet.com

Source: Smartsheet

FAQ

Who has been appointed to Smartsheet's board of directors?

Khozema Shipchandler, President of Communications at Twilio Inc., has been appointed to Smartsheet's board of directors.

What experience does Shipchandler bring to Smartsheet?

Shipchandler brings extensive experience in growing and scaling global digital businesses.

What recognition has Smartsheet received?

Smartsheet has been recognized as one of Fast Company's Most Innovative Companies of 2023 and a leader in G2's Best Software Awards.

What does Shipchandler's appointment indicate for Smartsheet?

Shipchandler's appointment during a period of continued growth and success suggests positive momentum for Smartsheet.