SurveyMonkey Announces Executive Change
February 25 2021 - 4:05PM
SurveyMonkey (Nasdaq: SVMK), a leader in agile software solutions
for customer experience, market research, and survey feedback,
today announced that Debbie Clifford, chief financial officer, will
be leaving the company in March to become the chief financial
officer at Autodesk.
Zander Lurie, chief executive officer, will
serve as interim chief financial officer until a permanent
successor is named. SurveyMonkey has initiated a search process for
a permanent CFO.
“We always say SurveyMonkey is a place where the
curious come to grow. For Debbie, returning to Autodesk, where she
worked for 13 years, feels like going home. For us, it’s an
opportunity to see one of our executives continue to thrive as CFO
of a Fortune 1000 company. On behalf of our board of directors and
management team, I thank her for her hard work and contributions,”
said Lurie. “We remain confident in our ability to execute, based
on the strength of our strategy, products, and team.”
“I am honored to have been a part of the SurveyMonkey team and
wish the company continued success,” said Clifford. “We’ve built
great depth and breadth in the finance team to support the company
as it continues to move up-market across all three of its
pillars.”
Today, SurveyMonkey is reiterating the first quarter and full
year 2021 guidance it provided on February 11, 2021, as part of its
fourth quarter and full year 2020 financial results
announcement.
About SurveyMonkey
SurveyMonkey is a leader in agile software
solutions for customer experience, market research, and survey
feedback. The company’s platform empowers more than 20 million
active users to analyze and act on feedback from employees,
customers, website and app users, and market research respondents.
SurveyMonkey’s products, enterprise solutions, and integrations
enable more than 345,000 organizations to deliver better customer
experiences, increase employee retention, and unlock growth and
innovation. Ultimately, SurveyMonkey's vision is to raise the bar
for human experiences by amplifying individual voices.
Safe Harbor Statement
“Safe Harbor” statement under the Private
Securities Litigation Reform Act of 1995: This press release may
contain forward-looking statements about our business and financial
outlook. The achievement of the matters covered by such
forward-looking statements involves risks, uncertainties and
assumptions. If any of these risks or uncertainties materialize or
if any of the assumptions prove incorrect, the company’s results
could differ materially from the results expressed or implied by
the forward-looking statements the company makes.
The risks and uncertainties referred to above
include - but are not limited to - risks related to the COVID-19
coronavirus pandemic; our ability to retain and upgrade customers;
our revenue growth rate; our brand; our marketing strategies; our
self-serve business model; the length of our sales cycles; the
growth and development of our salesforce; security measures;
expectations regarding our ability to timely and effectively scale
and adapt existing technology and network infrastructure to ensure
that our products and services are accessible at all times;
competition; our debt; revenue recognition; our ability to manage
our growth; our culture and talent; our data centers; privacy,
security and data transfer concerns, as well as changes in
regulations, which could impact our ability to serve our customers
or curtail our monetization efforts; litigation and regulatory
issues; expectations regarding the return on our strategic
investments; execution of our plans and strategies, including with
respect to mobile products and features and expansion into new
areas and businesses; our international operations; intellectual
property; the application of U.S. and international tax laws on our
tax structure and any changes to such tax laws; acquisitions we
have made or may make in the future; the price volatility of our
common stock; and general economic conditions.
Further information on these and other factors
that could affect our financial results are included in documents
filed with the Securities and Exchange Commission from time to
time, including the section entitled “Risk Factors” in the Annual
Report on Form 10-K filed for the year ended December 31, 2020,
which should be read in conjunction with these financial results.
These documents are available on the SEC Filings section of our
Investor Relations website page at investor.surveymonkey.com. All
information provided in this release is as of February 25, 2021,
and we undertake no obligation to update this information.
Investor Relations Contact:Gary
J. Fuges, CFAinvestors@surveymonkey.com
Media Contact:Sandra
Gharibpr@surveymonkey.com
Source: SVMK Inc.
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