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Pure Storage Names Tarek Robbiati as Chief Financial Officer

1. Tarek Robbiati appointed as CFO of Pure Storage, effective immediately. 2. Robbiati has extensive experience in financial leadership and enterprise transformation. 3. He aims to drive growth and scalability in Pure Storage's evolving data solutions. 4. The previous CFO, Kevan Krysler, served over five years before his departure. 5. Robbiati's experience is expected to influence profits and margins positively.

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Why Bullish?

Robbiati's proven history of improving financial metrics suggests positive future performance. His leadership at HPE exemplified successful transformation improving margins.

How important is it?

Robbiati’s experience aligns with Pure Storage’s goals; his leadership is crucial for strategic progression.

Why Long Term?

The ongoing shifts in data management solutions indicate long-term industry growth, benefiting PSTG under Robbiati's financial strategy.

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HPERNGSACN
, /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Tarek Robbiati as its Chief Financial Officer (CFO), effective immediately. Robbiati has more than 25 years of financial and leadership experience in the global technology sector. Tarek Robbiati Robbiati has served in various business and financial leadership roles, including as CEO of RingCentral. Before that, as CFO of Hewlett Packard Enterprise Company (HPE), he increased the company's gross margins, operating profit margins, and free cash flow and scaled the company from a traditional transactional hardware-based business into an everything-as-a-service business. Prior to HPE, Robbiati served as CFO at Sprint Corporation, where he led the company's turnaround efforts. He also held leadership positions at Telstra Corporation, Orange Plc, Atradius, Lehman Brothers, and Andersen Consulting (now Accenture). He holds an MBA from the London Business School, a Master of Science in Business Administration from Institut d'Administration des Entreprises, and a Master of Science in Nuclear Physics and Electronics from Ecole Nationale Supérieure d'Ingénieurs. "Tarek's experience across compute, networking, and storage make him an ideal choice to help lead Pure Storage's evolution as we help customers manage their ever expanding data environment," said Charles Giancarlo, Chairman and CEO Pure Storage. "Tarek has a proven history of driving enterprise transformation, seamlessly blending inside-out operational insight with outside-in market perspective."Robbiati will report to Giancarlo and oversee Pure Storage's global finance organization, which includes finance, investor relations, procurement, and facilities."As I observe the evolution of the technology industry and the exponential growth of data creation, it is clear the opportunity for Pure Storage to provide unique, effective and efficient solutions is immense," said Robbiati. "Enterprise transformation is about growth and the numbers show that we have a strong trajectory for scaling up the business ahead; I look forward to being part of the team building out new capabilities for our customers."Robbiati replaces Kevan Krysler, whose departure from Pure Storage was announced last month, after more than five years of service with the company."I would like to thank Kevan for his dedicated and loyal service to Pure. I am grateful for Kevan's thoughtful counsel and commitment to Pure's mission and success and wish him the very best in his next chapter," Giancarlo concluded.About Pure StoragePure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com.Pure Storage, the Pure Storage P Logo, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Pure Storage Trademark List can be found at purestorage.com/trademarks.SOURCE Pure Storage WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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