Freshworks names Dennis Woodside as CEO, shares tumble

2 weeks ago 6

1 min read 02 May 2024, 07:40 AM IST

Reuters

Freshworks connected Wednesday appointed Dennis Woodside arsenic the CEO of CRM bundle maker. With this, laminitis Girish Mathrubootham volition beryllium the firm's enforcement chairman.

Freshworks has appointed Dennis Woodside arsenic CEO

Freshworks said connected Wednesday that Dennis Woodside volition instrumentality implicit arsenic CEO of the CRM bundle maker, and laminitis Girish Mathrubootham volition beryllium the firm's enforcement chairman.

Shares of the San Mateo, California-based institution fell astir 21% successful extended trading.

Woodside joined Freshworks arsenic president successful 2022, with a anterior nonrecreational grounds including roles arsenic president astatine Impossible Foods, Dropbox COO and Motorola Mobility's CEO.

Mathrubootham founded the institution successful 2010 successful India's Southern metropolis of Chennai and guided the institution to spell nationalist successful the Nasdaq banal speech successful 2021.

Separately, it besides forecast 2nd 4th gross betwixt $168 and $170 million, beneath marketplace estimates of $172.1 million, according to LSEG data.

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This communicative has been published from a ligament bureau provender without modifications to the text.

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Published: 02 May 2024, 07:40 AM IST