Former GM of Adobe's commercial business will
focus on accelerating global growth, improving efficiency and
delivering excellent customer experience
SALT
LAKE CITY, Jan. 10, 2023 /PRNewswire/
-- Instructure, the maker of Canvas, today announced that
Chris Ball has been named the
company's new President and Chief Operating Officer, effective
January 9. In the newly-created role
of President and COO, Ball oversees the go-to-market strategy and
customer lifecycle, including marketing, revenue operations, sales
and customer experience. He will focus on driving efficiencies for
growth and accelerating the execution of the company's mission of
elevating student success, amplifying the power of teaching and
inspiring everyone to learn together.
Chief Revenue Officer Frank
Maylett has informed the company that he intends to step
down from the company. The date of Maylett's departure has not yet
been determined.
"We're very grateful to Frank for leading the revenue
organization through a pivotal period of change at Instructure. His
contributions to the company are immeasurable," said Steve Daly, CEO of Instructure. "With Chris Ball
leading the entire customer lifecycle, we look forward to building
on that foundation and continuing to provide great value for
educators and students. We're intentionally building a culture of
success and Chris has a strong track record of scaling
organizations. With his influence, we're looking forward to making
an even greater impact on the education industry."
Ball brings 28 years of valuable experience leading high-growth,
global, publicly-traded companies. Most recently, he was General
Manager, Americas Enterprise (United
States, Canada, and LATAM)
of Adobe Systems Inc. During his tenure, Adobe surpassed
$12.5B in annual revenues. Prior to
Adobe, Ball served as the Entrepreneur In Residence at Lightspeed
Venture Partners, a global venture capital firm focused on
multi-stage investments in the enterprise, consumer, and health
sectors. Prior to his time at Lightspeed Venture Partners, Ball
spent over a decade at SAP, Americas as EVP & General Manager,
running a variety of high-growth scale businesses, and held various
executive management positions at several other publicly traded and
venture-backed high-tech companies.
"Instructure has an enormous market opportunity to build on
excellent products in the higher education and K-12 space
worldwide," said Chris Ball. "I'm
excited to join such a high-performing, mission-driven team
committed to elevating learning and empowering educators."
ABOUT INSTRUCTURE
Instructure (NYSE: INST) is an education technology company
dedicated to elevating student success, amplifying the power of
teaching, and inspiring everyone to learn together. Today the
Instructure Learning Platform supports tens of millions of
educators and learners around the world. Learn more at
www.instructure.com.
FORWARD-LOOKING
STATEMENTS
This press release contains "forward-looking" statements, which
are subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including statements regarding the
potential, timing and examples of any strategic alternatives. These
statements are not guarantees of future performance, but are based
on management's expectations as of the date of this press release
and assumptions that are inherently subject to uncertainties, risks
and changes in circumstances that are difficult to predict.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any
future results, performance or achievements. Important factors that
could cause actual results to differ materially from those
expressed or implied by these forward-looking statements include
the risk factors described in the Company's form 10-K filed with
the Securities and Exchange Commission (the "SEC") on February 23, 2022 and other documents filed with
the SEC and could cause actual results to vary from expectations.
All information provided in this press release is as of the date
hereof and Instructure undertakes no duty to update this
information except as required by law.
MEDIA CONTACT:
Brian
Watkins
Corporate Communications
Instructure
801-610-9722
brian.watkins@instructure.com
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SOURCE Instructure