Elastic Appoints Ashutosh Kulkarni Chief Product Officer
January 05 2021 - 9:00AM
Business Wire
Kulkarni Joins Elastic to Accelerate Cloud
Innovation, Further Enabling Customers to Derive Actionable
Insights from Data
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch and the Elastic Stack, today announced the
appointment of Ashutosh Kulkarni as chief product officer (CPO).
Kulkarni will be responsible for leading engineering and product
management, with a focus on enhancing the Elastic Enterprise
Search, Observability, and Security solutions and delivering a
best-in-class cloud service to Elastic customers. Kulkarni will
report to Elastic Founder and Chief Executive Officer Shay
Banon.
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the full release here:
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Ashutosh Kulkarni, Chief Product Officer,
Elastic (Photo: Business Wire)
Kulkarni joins as the first Elastic CPO, rounding out the
company’s executive team following the recent appointments of Sally
Jenkins as chief marketing officer and Paul Appleby as president,
worldwide field operations. Kulkarni’s deep experience running
multiproduct engineering organizations and working
cross-functionally with business teams will enable Elastic to
continue its customer-focused innovations across products and
solutions, and to rapidly scale its Elastic Cloud offering, helping
customers to derive actionable insights from data.
Kulkarni has more than 20 years of experience in enterprise
software and has led product and engineering teams at various data
analytics, web infrastructure, and security companies, including
McAfee, Akamai, Informatica, and Sun Microsystems. He holds a
Bachelor of Engineering degree in electronics engineering from the
University of Mumbai, a Master of Science degree in computer
engineering from the University of Texas at Austin, and a Master of
Business Administration degree from the University of California at
Berkeley.
Supporting Quotes:
- “I’m pleased to welcome Ash to Elastic as our first CPO. He
joins as the opportunity to grow our platform and solutions has
expanded exponentially and we’re leveraging that momentum to build
impactful products that support our community of users,” said
Shay Banon, founder and chief executive officer, Elastic.
“Ash has experience building and running robust engineering teams
while also working across marketing, field, enablement, packaging
and pricing, and customers, to bring game-changing products and
solutions to market. I am excited to work alongside Ash to bring
the power of search to our community through our Enterprise Search,
Observability, and Security solutions that are built into a single
technology stack, and grow our Elastic Cloud presence
globally.”
- “I’ve seen first-hand the power of Elasticsearch and the
Elastic Stack and I am convinced of the versatility and immense
potential of the platform in helping customers derive insights from
their data,” said Ash Kulkarni, chief product officer,
Elastic. “I’m excited to work alongside the leadership team and
other Elasticians to realize the full potential of Elastic as the
next platform powerhouse of our era.”
Learn more about the Elastic leadership team here.
About Elastic:
Elastic is a search company built on a free and open heritage.
Anyone can use Elastic products and solutions to get started
quickly and frictionlessly. Elastic offers three solutions for
enterprise search, observability, and security, built on one
technology stack that can be deployed anywhere. From finding
documents to monitoring infrastructure to hunting for threats,
Elastic makes data usable in real time and at scale. Thousands of
organizations worldwide, including Cisco, eBay, Goldman Sachs,
Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia,
and Verizon, use Elastic to power mission-critical systems. Founded
in 2012, Elastic is a distributed company with Elasticians around
the globe and is publicly traded on the NYSE under the symbol ESTC.
Learn more at elastic.co.
Forward-Looking Statements
This press release contains forward-looking statements that
involve substantial risk and uncertainties, which include, but are
not limited to, the appointment of our Chief Product Officer,
potential market opportunities, the effectiveness of our
go-to-market strategy and our future growth. These forward-looking
statements are subject to the safe harbor provisions under the
Private Securities Litigation Reform Act of 1995. Our expectations
and beliefs in light of currently available information regarding
these matters may not materialize. Actual outcomes and results may
differ materially from those contemplated by these forward-looking
statements due to uncertainties, risks, and changes in
circumstances, including but not limited to those related to: the
impact of the COVID-19 pandemic on the macroeconomic environment,
on our business, operations, hiring and financial results, and on
businesses of our customers and partners, including their spending
priorities, the effect of lockdowns, restrictions and new
regulations; our future financial performance, including our
expectations regarding our revenue, cost of revenue, gross profit
or gross margin, operating expenses (which include changes in sales
and marketing, research and development and general and
administrative expenses), and our ability to achieve and maintain
future profitability; our ability to continue to deliver and
improve our offerings and develop new offerings, including
security-related product and SaaS offerings; customer acceptance
and purchase of our existing offerings and new offerings, including
the expansion and adoption of our SaaS offerings; our inability to
realize value from investments in the business, including R&D
investments; our ability to maintain and expand our user and
customer base; the impact of foreign currency exchange rate and
interest rate fluctuations on our results; our international
expansion strategy; our operating results and cash flows; our
beliefs and objectives for future operations; the sufficiency of
our capital resources; our ability to successfully execute our
go-to-market strategy and expand in our existing markets and into
new markets, and our ability to forecast customer retention and
expansion; our ability to attract and retain qualified employees
and key personnel; our ability to onboard, provide training to and
integrate new employees; and general market, political, economic
and business conditions (including developments and volatility
arising from the COVID-19 pandemic). Additional risks and
uncertainties that could cause actual outcomes and results to
differ materially are included in our filings with the Securities
and Exchange Commission (the “SEC”), including our Annual Report on
Form 10-K for the fiscal year ended April 30, 2020 and any
subsequent reports filed with the SEC. SEC filings are available on
the Investor Relations section of Elastic’s website at
ir.elastic.co and the SEC’s website at www.sec.gov. Elastic assumes
no obligation to, and does not currently intend to, update any such
forward-looking statements, except as required by law.
Elastic and associated marks are trademarks or registered
trademarks of Elastic N.V. and its subsidiaries. All other company
and product names may be trademarks of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20210105005371/en/
Lisa Boughner Elastic Public Relations PR-Team@elastic.co
Elastic NV (NYSE:ESTC)
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