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Cohesity appoints EMEA sales head

Cohesity appoints EMEA sales head

Cloud data management vendor Cohesity has named Richard Gadd as vice president and general manager for EMEA sales with immediate effect. Gadd will manage the company’s channel-led business and sales operations throughout the region.

He joins from Hitachi Vantara, where he served as senior vice president and general manager for EMEA for five years. For two years before that he was vice president and general manager for the UK and Ireland.

Prior to Hitachi Vantara, Gadd spent more than eight years in various senior leadership roles at EMC. He has also previously held leadership and sales positions at Computacenter, Morse and Xerox during a 30-year career.

He will report to Michael Cremen, chief revenue officer at Cohesity. “We are seeing growing demand in EMEA for our multi-cloud data management solutions that give customers and partners exceptional choice in how they protect, manage and derive value from data,” said Cremen.

“Richard has extensive knowledge of the industry, the market and the unique challenges faced by EMEA organisations and will be a major asset to our team.”

Gadd (pictured) added: “Cohesity's platform is empowering organisations to radically simplify data management and bolster security postures at a time when businesses need to be fully prepared for all manner of attacks, disasters and regulatory requirements.

“I’ve been working in the data infrastructure space for decades and am excited to bring this experience to Cohesity. I look forward to helping a rapidly growing set of customers and partners unlock limitless value from their data.”

At the end of this March, Cohesity reported a strong second quarter aided by its growing channel business, while at the same time putting a new $3.7bn valuation on the company as additional private equity firms bought into it.

The vendor said it was worth an extra $1.2bn compared to the valuation less than 12 months before, in line with a $145m tender offer made by investors to Cohesity employees who wanted the option to sell a “small portion” of their equity.

For the quarter, Cohesity said it achieved a “nearly 90% increase” in ARR (annual recurring revenues) year-on-year, with a 50% increase in the number of customers annually.

Existing Cohesity end customers include Cisco, Northumbria Police in the UK, Novartis, Stockport NHS Foundation Trust, NASA, the San Francisco Giants, the US Department of Homeland Security and the US Department of Labor.