Industry veteran with proven track record of
scaling revenue across multiple enterprise technology companies to
accelerate next chapter of growth
Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud
company, today announced the appointment of Mark Anderson, a
current member of Cloudflare's Board of Directors, as President of
Revenue to further accelerate the company's next phase of growth at
scale to $5 billion in annual recurring revenue and beyond.
Anderson most recently served as the CEO of Alteryx (NYSE: AYX) and
brings 25+ years of experience building high performing teams and
scaling revenue at multiple enterprise technology companies.
Prior to his role at Alteryx, Anderson was instrumental in
scaling Palo Alto Networks from pre-IPO to more than $2.5 billion
in annualized revenue. Before joining Palo Alto Networks, Anderson
also oversaw all sales activities at F5 Networks, where helped grow
the company's annual revenue to more than $1 billion.
"I've had the privilege of working closely with Mark since 2019
when he joined Cloudflare's Board of Directors. It's not often that
a such a unique opportunity like this presents itself — hiring a
respected industry veteran with a proven track record of driving
growth at scale across multiple enterprise technology
organizations, who also has a deep knowledge of our business,
leadership, and team," said Matthew Prince, CEO and co-founder at
Cloudflare. "Mark has been part of our growth journey for more than
four years, and bringing him on to drive our go-to-market efforts
was an exceptional opportunity we simply could not pass up. I’m
personally excited to work closely with him, and we are thrilled to
welcome him to the team as we continue to build a world-class sales
organization."
"I have spent the majority of my career building and scaling
high performing teams to capitalize on major technology shifts that
have massive addressable market implications. Having served on
Cloudflare's Board of Directors over the last four years, I know
the incredible strength of the company's product and leadership
team. The market is coming to Cloudflare, and the time is now,"
said Mark Anderson, President of Revenue at Cloudflare. "When I
started to think about where I could make the most impact during
the next stage of my career, I reached out to Matthew and Michelle
to see if I could help lead Cloudflare's go-to-market organization
to the next level. I am incredibly excited to be joining the team
as we all work together to make Cloudflare one of the most iconic
technology companies in the history of the industry."
In a natural evolution to continue to more tightly align all
aspects related go-to-market strategy and operations to best scale
and accelerate Cloudflare's next phase of growth, Anderson will
oversee Cloudflare's sales organization as well as marketing and
customer success operations. Anderson will be taking over from Marc
Boroditsky, Cloudflare's former President of Revenue. During his
tenure with the company, Boroditsky helped reposition Cloudflare's
sales organization to enable it to achieve continued growth and
increasing success with enterprise buyers. Boroditsky will remain
with Cloudflare as an advisor during the transitional period.
“I'm proud of the results the sales organization has achieved
and am confident that the team is more ready than ever to conquer
this next phase of growth," said Marc Boroditsky, former President
of Revenue at Cloudflare. "I am committed to supporting this
transition, and I will continue to root for Cloudflare and the team
in their mission to help build a better Internet.”
"I'd like to thank Marc Boroditsky for all of the work to put
the systems, processes, and procedures in place to scale our sales
organization with an enterprise-first mindset," said Matthew
Prince, CEO and co-founder at Cloudflare. "He has built a strong
foundation for Cloudflare and for our team, playing a critical role
in the rate at which we can propel our business in this next
chapter. Our strong bookings performance in Q4 2023 is a testament
to Marc's great work that Mark Anderson will build upon."
About Mark Anderson
Mark Anderson most recently served as the Chief Executive
Officer of Alteryx, Inc., a software company, since October 2020.
He served as a consultant for Anaplan, Inc., a software company,
and then as Chief Growth Officer at Anaplan, Inc. from August 2019
until February 2020. Anderson was previously the President of Palo
Alto Networks, a cybersecurity company, where he was responsible
for sales, go-to-market (GTM), customer satisfaction, as well as
business and corporate development. At Palo Alto Networks, he
helped build out GTM teams to support rapid growth holding several
management roles including Executive Vice President, Worldwide
Field Operations from May 2016 to August 2016, and Senior Vice
President, Worldwide Field Operations from June 2012 to May 2016.
During his tenure there it grew to become one of the world's
largest security companies. Before Palo Alto Networks, Anderson led
worldwide sales activities at F5 Networks, an IT infrastructure
company, where he also served in several management roles,
including as Executive Vice President of Worldwide Sales. Earlier,
he held leadership positions at Lucent Technologies and Cisco
Systems.
Anderson has served as a member of Cloudflare's Board of
Directors and its nominating and corporate governance committee
since August 2019, as well as a member of its compensation
committee since January 2021. He holds a B.A. in Business and
Economics from York University.
About Cloudflare
Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud
company. It empowers organizations to make their employees,
applications and networks faster and more secure everywhere, while
reducing complexity and cost. Cloudflare's connectivity cloud
delivers the most full-featured, unified platform of cloud-native
products and developer tools, so any organization can gain the
control they need to work, develop, and accelerate their
business.
Powered by one of the world's largest and most interconnected
networks, Cloudflare blocks billions of threats online for its
customers every day. It is trusted by millions of organizations –
from the largest brands to entrepreneurs and small businesses to
nonprofits, humanitarian groups, and governments across the
globe.
Learn more about Cloudflare's connectivity cloud at
cloudflare.com/connectivity-cloud. Learn more about the latest
Internet trends and insights at https://radar.cloudflare.com.
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Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which statements involve substantial risks and
uncertainties. In some cases, you can identify forward-looking
statements because they contain words such as "may," "will,"
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"intend," "target," "project," "contemplate," "believe,"
"estimate," "predict," "potential," or "continue," or the negative
of these words, or other similar terms or expressions that concern
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not all forward-looking statements contain these identifying words.
Forward-looking statements expressed or implied in this press
release include, but are not limited to, statements regarding
Cloudflare’s products and technology, Cloudflare's technological
development, future results of operations, financial condition,
operations, growth, initiatives, strategies, and future market
trends, Cloudflare's expectations about the President of Revenue
management transition, Cloudflare’s goal of organically achieving
$5 billion in annualized revenue, and comments made by Cloudflare's
CEO and current and former Presidents of Revenue. Actual results
could differ materially from those stated or implied in
forward-looking statements due to a number of factors, including
but not limited to, risks detailed in Cloudflare's filings with the
Securities and Exchange Commission (SEC), including Cloudflare's
Quarterly Report on Form 10-Q filed on November 2, 2023, as well as
other filings that Cloudflare may make from time to time with the
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The forward-looking statements made in this press release relate
only to events as of the date on which the statements are made.
Cloudflare undertakes no obligation to update any forward-looking
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Cloudflare, Inc. Daniella Vallurupalli Vice President, Head of
Global Communications press@cloudflare.com
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