Databricks Appoints Dave Conte as Chief Financial Officer

October 23, 2019 - 01:49
Databricks Appoints Dave Conte as Chief Financial Officer

Former Splunk Executive Brings 30+ Years’ Experience to Unified Data Analytics Market Leader

 

SYDNEY, AUSTRALIA - Media OutReach - October 23,2019 - Databricks, the leader in unified dataanalytics, today announced the appointment of Dave Conte as Chief FinancialOfficer, effective immediately. In his role, Conte will report directly toco-founder and Chief Executive Officer Ali Ghodsi and lead all of the financialand operational functions at the company. Conte brings extensive experiencemost recently from Splunk and Opsware after starting his career at Ernst &Young. 


"We're honored tohave Dave join the leadership team. His experience leading and scaling globalfinancial and operational functions at high-growth enterprise softwarecompanies is impressive," Ghodsi said. "Dave brings a breadth of knowledge andproven track record to support our continued growth."   

 

Conte has 30years of finance and administration experience in multi-national public andprivate companies within the technology industry. Conte was Splunk's CFO forthe last eight years, where he took the company public and helped it grow from$100 million in annual revenue to more than $2 billion annually as the marketleader in operational intelligence and security information management. Priorto Splunk, he was the CFO at Opsware, an IT automation software company thatwas acquired by HP for $1.65 billion. Conte has also served as a member of theboard of directors at Anaplan since 2016.

 

Databricks hasgrown annual recurring revenue (ARR) well over 2.5x over the past year and hasgone from almost no revenue to a $200 million revenue run rate in less thanfour years. The company has thousands of customers and is valued at $6.2billion. 

 

"I'm honored tojoin such a high caliber team that has driven really impressive growth," saidConte. "Enterprises continue to seek solutions that enable data-driven decisionmaking and Databricks is well positioned to support organizations in their datajourney. I look forward to adding my experience to the team and contributing tothe company's continued growth."

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