U.S: Fastly announces new CFO in leadership shakeup

by akinbodenaphtal@gmail.com

Fastly, Inc, a leading global edge cloud platform, revealed significant changes to its executive team, appointing Richard “Rich” Wong as Chief Financial Officer (CFO). Wong steps into the role vacated by Ronald “Ron” W. Kisling, who is departing to explore new opportunities but will stay on as an advisor until September 15, 2025, to facilitate a seamless transition.

Additionally, Fastly promoted its Chief Revenue Officer, Scott R. Lovett, to the newly created position of President, Go to Market, effective immediately, signaling a strategic alignment of its revenue and marketing efforts.

Rich Wong brings nearly 30 years of finance leadership experience to Fastly, having served as CFO at Benchling, a vertical SaaS company, where he drove revenue growth, product launches, and international expansion. Prior to that, Wong held the CFO role at Houzz Inc. and senior finance positions at LinkedIn and Yahoo!. His career also includes stints as an investment banker at JP Morgan and Banc of America Securities. With an MBA from Northwestern University’s Kellogg School of Management and a Bachelor of Science from UC Berkeley, Wong is poised to steer Fastly toward operational excellence and long-term value creation, as noted by David Hornik, Chairperson of Fastly’s Board of Directors, who praised Wong’s reputation for building high-performing teams.

ALSO READ: U.S:THE TRADE DESK NAMES ALEX KAYYAL AS CFO, REPLACING LAURA SCHENKEIN

Wong expressed enthusiasm for joining Fastly, citing its powerful technology and commitment to developers as key draws. “I’m excited to join a team so committed to performance, innovation, and customer trust,” Wong said. As CFO, he aims to scale the business with operational discipline while unlocking value for both customers and shareholders. His appointment comes at a pivotal time for Fastly, which continues to expand its edge cloud platform to meet growing demand for fast, secure, and scalable digital experiences.

In a parallel move, Fastly elevated Scott R. Lovett to President, Go to Market, a role that unifies the company’s revenue and marketing organizations under his leadership. Lovett, who has driven significant go-to-market transformation in his first year as Chief Revenue Officer, will now oversee Chief Marketing Officer Albert Thong as part of this restructuring.

Lovett expressed excitement about his expanded role, saying, “I’m incredibly honored to step into this role and continue growing with a company I believe in.” He emphasized Fastly’s momentum and his commitment to driving long-term growth alongside the company’s talented team. With Wong’s financial expertise and Lovett’s leadership in go-to-market strategy, Fastly is positioning itself for accelerated growth and enhanced market presence in the competitive edge cloud sector.

You may also like

Leave a Comment

TheCFO is a free enthralling magazine that offers special reports emphasizing insight, analysis, context and debate, reviews, interviews and policies geared specifically for finance executives.

Edtiors' Picks

Hertz announces appointment of Scott M. Haralson as chief financial officer Joe Intsiful joins TLTC as its new Chief Financial Officer KBC Group appoints Bartel Puelinckx as CFO Copyright © Thecfomag 2024. All Rights Reserved