This year, Sheryl Estrada explored how the role of the modern CFO is evolving, focusing on strategic perspectives shared by various finance chiefs. In a recent discussion, Chris Nagy, the newly appointed CFO of Salesloft, and its CEO, David Obrand, provided insights into their strategic alignment. Nagy emphasized the financial plan serves as a foundational structure for supporting strategy, ensuring a cohesive vision and execution plan aimed at success. Salesloft, a company specializing in AI-powered revenue orchestration, automates workflows and offers guidance on optimal actions for sales personnel. Established in 2011, Salesloft reached a valuation of $1.1 billion in January 2021, which increased to $2.3 billion following a majority acquisition by Vista Equity Partners.
Chris Nagy brings over 25 years of experience working with private equity-backed technology companies, spanning sectors like financial services, software, and technology. Nagy is eager to return to high-growth enterprise software and assist Salesloft in engaging with customers. CEO David Obrand, in a partnership with Nagy, highlighted the importance of having a CFO who shares the same business values and is capable of challenging perspectives to avoid stagnation within the organization. Salesloft aims to achieve full profitability by year-end, managing the balance between growth and profit generation amid current economic uncertainties.
The article also notes recent significant appointments in the finance sector, including Stephanie Lemmerman as CFO at Kraken and Rik Powell’s promotion to CFO at Shutterstock, among others. Additionally, Silicon Valley Bank’s report highlights AI as a key driver in fintech despite market challenges.
Estrada encourages readers to engage in various upcoming discussions and reads, including coverage on changes in customized order options at Starbucks and insights into the Zelle CEO’s warnings regarding scams targeting the elderly.
