Cloudflare Appoints Mark Anderson As President Of Revenue
Portfolio Pulse from Benzinga Newsdesk
Cloudflare, Inc. (NYSE:NET) has appointed Mark Anderson, a seasoned executive with over 25 years of experience in scaling enterprise technology companies, as its President of Revenue. Anderson, who has been a member of Cloudflare's Board of Directors since 2019, aims to accelerate Cloudflare's growth to achieve $5 billion in annual recurring revenue. He has previously contributed to significant revenue growth at companies like Alteryx, Palo Alto Networks, and F5 Networks. Anderson's appointment is part of Cloudflare's strategy to enhance its go-to-market efforts and continue its trajectory of growth, building on the strong foundation laid by Marc Boroditsky, the former President of Revenue.
February 08, 2024 | 9:28 pm
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Mark Anderson's appointment as President of Revenue at Cloudflare, Inc. (NYSE:NET) is expected to positively impact the company's stock in the short term. Anderson's extensive experience in scaling enterprise technology companies and his previous success in roles at Alteryx, Palo Alto Networks, and F5 Networks positions him as a strong leader to drive Cloudflare's revenue growth. His appointment aligns with Cloudflare's strategic goals to accelerate growth and achieve $5 billion in annual recurring revenue.
Mark Anderson's proven track record in scaling technology companies and his deep understanding of Cloudflare's business, as evidenced by his tenure on the Board of Directors, make his appointment highly relevant and potentially impactful for Cloudflare's future revenue growth. His leadership is expected to positively influence Cloudflare's strategic direction and operational efficiency, thereby potentially increasing investor confidence and positively impacting the stock price in the short term.
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