Freshworks names Dennis Woodside as CEO, Girish Mathrubootham redesignated
Reuters |
May 02, 2024 08:34 AM IST
Shares of the San Mateo, California-based company fell about 21% in extended trading.
Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman.
Shares of the San Mateo, California-based company fell about 21% in extended trading.
Woodside joined Freshworks as president in 2022, with a prior professional record including roles as president at Impossible Foods, Dropbox COO and Motorola Mobility's CEO.
Read more: Google layoffs: Sundar Pichai's company cuts jobs globally, moves roles to India and Mexico
Mathrubootham founded the company in 2010 in India's Southern city of Chennai and guided the company to go public in the Nasdaq stock exchange in 2021.
Separately, it also forecast second quarter revenue between $168 and $170 million, below market estimates of $172.1 million, according to LSEG data.
Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Breaking News Events and Latest News Updates on Hindustan Times.
See More