Asana Appoints Sonalee Parekh as CFO, Succeeding Tim Wan

Slice of Technology Team

09/27/2024

Key Highlights:

Sonalee Parekh named Chief Financial Officer of Asana, effective September 11, 2024
Parekh brings 25+ years of experience from RingCentral and Hewlett Packard Enterprise
Tim Wan, outgoing CFO, remains in advisory role to assist in transition
Parekh to oversee global finance and support Asana’s next phase of growth
Focus on leveraging AI to drive productivity and innovation at Asana

Source: Business Wire

Quotes

“ “Sonalee’s public company experience and market perspective, coupled with her proven track record of driving growth and profitability at scale, makes her the ideal person to partner with me and the leadership team as we execute on the large opportunity ahead of us." ”

Dustin Moskovitz, Co-founder and CEO at Asana

Our Take:

The appointment of Sonalee Parekh as Asana’s new CFO reflects a strategic move to harness her expertise in scaling businesses during pivotal moments of technological advancement. Her leadership at both RingCentral and HPE indicates a deep understanding of driving growth in complex environments, making her well-positioned to guide Asana through its next growth phase. Asana's focus on leveraging AI to enhance productivity aligns perfectly with her background in fostering efficient growth, positioning the company to remain competitive in a rapidly evolving work management landscape.

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