Rich Sullivan named CFO and Thomas Seifert and June Yang appointed to board of directors
Fruitist has appointed Rich Sullivan as chief financial officer and added Thomas Seifert and June Yang to its board of directors ahead of its long-awaited IPO.
Rich Sullivan brings more than 25 years of experience leading finance organisations and has held senior roles at DreamWorks, Twitter and STX Entertainment. Most recently he served as CFO of SurveyMonkey.
“Rich’s financial leadership and deep capital markets experience will strengthen Fruitist’s foundation as we continue to grow globally and expand our reach to new consumers,” said Steve Magami, co-founder and CEO of Fruitist. “He is the right leader to guide our finance strategy through the next stage of growth.”
Thomas Seifert joins the board of directors as audit committee chair. Seifert is the CFO of Cloudflare where he guided the company through its IPO and helped scale it into a market leader with a US$74bn market cap. He previously held senior executive positions at Advanced Micro Devices (AMD) and Symantec, and is recognised for his expertise in global finance, governance, and operational execution.
“Thomas’ global experience and disciplined approach to financial stewardship will provide valuable guidance to me and the Board as we execute Fruitist’s roadmap,” said Magami.
Fruitist also welcomed June Yang as an independent director. Yang most recently ran Google Cloud’s AI and Industry Solutions, where she was responsible for strategy, product, user experience, responsible AI, partnerships, and operations. In her previous role as VP and general manager of Google Cloud’s largest business, Compute and AI infrastructure, she had profit and loss responsibility for the entire portfolio. She currently serves on the boards of MSCI, NetApp, UiPath, and Ahead.
“Having spent the past five years at Google Cloud, June is at the forefront of AI innovation and market disruption. She has a rare blend of business and technology leadership that will help Fruitist harness technology to transform agriculture and create long-term value for consumers and shareholders alike,” said Magami.
“These appointments add best-in-class talent to Fruitist’s leadership team and board,” Magami continued. “Rich, Thomas, and June each have proven records of scaling world-class companies. Their decision to join Fruitist underscores the strength of our strategy and the scale of our opportunity.”
The new appointments come at a time of unprecedented momentum for Fruitist. The company has surpassed US$400mn in annual sales, was named to CNBC’s Disruptor 50 list, and reached a valuation above US$1bn.
