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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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Nutanix : Announces Organisational Changes to its EMEA Leadership Team; Hybrid Multicloud Leader Continues to Invest in Talent with Strategic Hires and Promotions

08/02/2021 | 07:57am EDT

London, UK - - Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced a number of organisational changes to its senior leadership team across EMEA.

Sammy Zoghlami will resume his role as Senior Vice President of Sales for the EMEA region. In his role, Mr. Zoghlami will continue to lead sales and customer support, strategic business development and strategy, management of Nutanix's offices and operational teams in each EMEA country, as well as the company's partnerships, alliances and channel activities.

Andrew Brinded will transition to the role of Worldwide Sales Chief Operating Officer, a role previously held by Dave Gwyn before his move to SVP of Global Customer Success and Inside Sales. In this role, Andrew will be responsible for advancing Nutanix's strategic agenda, driving the implementation of its major initiatives and overseeing administrative and operational activities in support of organisational priorities.

As a veteran technology executive, Mr. Brinded is well versed in the complexities of global sales, go-to-market strategies and customer satisfaction. He has a proven track record of developing innovative business strategies, maximising growth and identifying and cultivating leaders.

The organisational changes also encompass the promotion of two key leaders in Nutanix's Sales Operations organisation. Jake Hofwegen, who had served as VP, Worldwide Sales Operations is now SVP, Worldwide Sales Operations. Jake joined Nutanix in July 2020 and has played a critical role in leading the revamping of its Sales Operations function and designing its subscription strategy. Jake will continue to take a more strategic leadership role to support the expansion of Nutanix's ACV model and Renewals business.

In addition, Davud Hasan, who recently held the title of Senior Director, Worldwide Deal Support and Order Management, has been promoted to Vice President of Worldwide Deal Support and Order Management. Davud leads a global team responsible for Deal Desk, Order Management and the Bid Desk. Davud's extensive knowledge of deal negotiations and global leadership will play a key role in Nutanix's ongoing success.

Commenting on the structural changes, Chris Kaddaras, Chief Revenue Officer said: "Sammy's return to Nutanix comes at a time when the company is enjoying even more interest from customers and partners alike. With his skill set, he is well placed to help maximise this as well as all of the emerging opportunities, having already played an integral role in the company's growth in Europe. As a supremely effective and popular leader with our customers, partners and employees alike, Sammy is ideally suited to fast-tracking the next stage in Nutanix's evolution. I would also like to congratulate Andrew, Jake and Davud on their new roles and I look forward to seeing them successfully apply their skills, experience and talent to them, both now and in the future."

About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making computing invisible anywhere. Organisations around the world use Nutanix software to leverage a single platform to manage any app at any location at any scale for their private, hybrid and multi-cloud environments. Learn more at www.nutanix.com or follow us on Twitter @nutanix.

© 2021 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This release may contain links to external websites that are not part of Nutanix.com. Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such a site. Certain information contained in this press release may relate to or be based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data are reliable as of the date of this press release, they have not independently verified, and we make no representation as to the adequacy, fairness, accuracy, or completeness of any information obtained from third-party sources.

This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on our current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond our control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, we assume no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Sales 2021 1 370 M - -
Net income 2021 -820 M - -
Net cash 2021 189 M - -
P/E ratio 2021 -10,5x
Yield 2021 -
Capitalization 8 896 M 8 896 M -
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Free-Float 96,3%
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Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
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