C3 AI Announces CFO Leadership Transition
29 Febbraio 2024 - 12:00AM
Business Wire
Accounting firm veteran and current Chief
Accounting Officer Hitesh Lath named CFO; Juho Parkkinen
transitions to VP of Finance
C3 AI (NYSE: AI), the Enterprise AI application software
company, today announced the appointment of Hitesh Lath as Chief
Financial Officer (CFO), effective March 1, 2024. Lath will replace
Juho Parkkinen, who has held the role since 2021 and will remain at
the company as Vice President of Finance. Prior to C3 AI, Lath has
held senior finance and accounting leadership roles at EY with two
decades of experience servicing the sophisticated needs of
technology companies.
“We are pleased to have Hitesh step into the CFO role at C3 AI
and help guide our growth,” said C3 AI CEO Thomas M. Siebel. “His
deep financial leadership experience makes him an ideal successor
to Juho, who has built a strong team with robust financial
management and reporting processes that have supported our success
over the past three years. I want to thank him for his dedication,
helping lead C3 AI to the strong financial position it is in
today.”
“Over the past three years, leading the finance and accounting
teams at C3 AI has not only been a deeply rewarding experience, but
also an incredible learning opportunity,” said Juho Parkkinen, Vice
President, Finance, C3 AI. “I’m excited to continue mentoring and
serving the C3 AI finance team.”
“Juho has been an excellent leader for C3 AI, managing the
company’s IPO process and building an excellent team over the past
few years,” said Michael G. McCaffrey, C3 AI Board Member and
Chair, C3 AI Audit Committee. “Our finance and accounting
department is in great shape for Hitesh whose extensive industry
knowledge will be invaluable to the company moving forward.”
“I step into this new role with gratitude for the strong
foundation that has been built by Juho,” said Hitesh Lath, Chief
Financial Officer, C3 AI. “Since joining C3 AI as chief accounting
officer in December 2023, I’ve come to understand how the
commitment and expertise of its people drives the company’s success
and I am excited to help execute Tom’s vision for success in the
enterprise AI category.”
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Platform, an end-to-end platform for developing, deploying, and
operating enterprise AI applications, C3 AI applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally, and C3
Generative AI, a suite of domain-specific generative AI offerings
for the enterprise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240227666799/en/
C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations ir@c3.ai
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