Acertitude Lands CFO for Extreme Networks
March 12, 2019 – Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies.
Executive search firm Acertitude recently recruited Rémi Thomas as chief financial officer for Extreme Networks Inc., a NASDAQ-traded software-driven networking company. Co-founder and managing partner Rick DeRose led the search along with senior partner Scott Carberry.
“To serve the needs of 21st century customers, CFOs must be strategic business leaders, working organization-wide to drive transformation, identify value-creation initiatives, digitize business activities, and guide decision-making,” said Mr. DeRose. “This profile perfectly suits Rémi. He is a highly capable, global finance leader, well equipped to help Ed tap into Extreme’s rapidly growing pipeline of opportunity while serving a broadening and impressive customer base with pure-play, end-to-end networking solutions.”
“As we continue to push into the enterprise market, having a strategic, global finance executive like Rémi on the team is paramount to the success of our growth journey,” said Ed Meyercord, president and CEO of Extreme. “There is no doubt that he is the right person to help us monetize our development and productization efforts moving forward. He comes from top pedigree technology firms, has strong M&A experience and a deep understanding of the software business.”
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Mr. Thomas has over 25 years of finance experience. He previously worked for CA Technologies, where he served as senior vice president, corporate controller for the past year and a half. Before that, he served as VP of finance at HPE Software, a business unit of Hewlett Packard Enterprise. In addition, Mr. Thomas worked for Alcatel-Lucent for close to eight years in various finance leadership roles.
New Role
Mr. Thomas steps in as CFO as Extreme continues to transform and scale its business, an effort that started in 2015. As CFO, he takes command of the company’s finance organization, working closely with the executive team, board of directors and investors. He is also charged with managing reporting and forecasting to drive profitability, efficiencies and value for shareholders.
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Located in San Jose, CA, Extreme Networks delivers software-driven solutions from the enterprise edge to the cloud that are agile, adaptive and secure to enable digital transformation. With 30,000 customers globally, including half of the Fortune 50 and some of the world’s leading names in business, hospitality, retail, transportation and logistics, education, government, healthcare and manufacturing, we remain nimble and responsive to ensure customer and partner success. Extreme was established in 1996.
Veteran Search Consultants
Founded in 2015, Acertitude specializes in recruiting CEO, C-suite and executive talent in the consumer, financial, healthcare and life sciences, industrial, private equity, professional services and technology sectors. Its consultants work from offices in Boston, London, Los Angeles, New York, Philadelphia, Providence, Raleigh, Shanghai Tampa and Washington, D.C.
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Mr. DeRose advises leaders of technology and private equity firms on board and leadership selection, often consulting on how influential trends in digital, mobility, cloud, big data, security and the customer experience are redefining the skills and expertise needed at work. He has a strong history of recruiting successful sales, marketing and strategy talent for businesses that are growing rapidly and driving transformative change. He has proven expertise in telecommunications, technology, private equity and professional services.
Mr. Carberry brings more than 20 years’ experience in sales, management and executive search. He leverages functional and industry expertise on assignments and brings a record that spans several industry verticals and functional areas. He has completed leadership assignments for a range of high-level roles, including president, COO, partner, practice leaders, service and business unit executives as well as executive sales and marketing talent. Mr. Carberry specializes in professional services spanning consulting, outsourcing, IT services, digital transformation and enterprise software.
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Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media
