SolarWinds Names Tim Karaca Group Vice President of Strategic Finance and Investor Relations
December 14 2022 - 07:30AM
Business Wire
SolarWinds (NYSE:SWI), a leading provider of simple, powerful,
and secure IT management software, has named Tim Karaca its group
vice president of strategic finance and investor relations. In this
role, Karaca will oversee financial planning and analysis, serve as
the primary contact for the investment community, and play a
leadership role in guiding data analytics and business intelligence
for the company.
Karaca's experience includes nearly two decades serving in
various finance roles in the technology industry and for Wall
Street firms leading teams and overseeing multibillion dollar
P&Ls, while deploying strategic investment and growth
strategies.
In recent years, Karaca served in leadership roles building
corporate finance capabilities at AIG and as a senior finance
leader at Bridgewater Associates. Earlier in his career, he served
in multiple finance roles at Microsoft® during the company's shift
from an on-premises, classic licensing structure to a cloud
subscription-based delivery model through its portfolio of products
and channel partners.
"Tim is a proven finance leader with deep experience across the
technology space and finance industry, which makes him a natural
fit to lead our investor relations, and financial planning and
analysis organization," said Bart Kalsu, executive vice president
and chief financial officer, SolarWinds. "As we execute our growth
strategy focused on delivering platform-based technologies to
accelerate business transformation, Tim's experience with companies
transitioning to a software-as-a-service (SaaS) model also provides
considerable value."
"It's exciting to join SolarWinds at such a transformational
time in the company's history as it continues to innovate and
deliver platform-based observability solutions to the market, as we
recently unveiled our SolarWinds® Platform SaaS solution," said
Karaca. "With a strong leadership team and a well-established
global customer base in place, I look forward to further building
the organization's finance capabilities while engaging the investor
community in a meaningful way."
#SWIcorporate
About SolarWinds
SolarWinds (NYSE:SWI) is a leading provider of simple, powerful,
and secure IT management software built to enable customers to
accelerate their digital transformation. Our solutions provide
organizations worldwide—regardless of type, size, or
complexity—with a comprehensive and unified view of today's modern,
distributed, and hybrid network environments. We continuously
engage with technology professionals—IT service and operations
professionals, DevOps and SecOps professionals, and database
administrators (DBAs)—to understand the challenges they face in
maintaining high-performing and highly available IT
infrastructures, applications, and environments. The insights we
gain from them, in places like our THWACK® community, allow us to
address customers' needs now, and in the future. Our focus on the
user and our commitment to excellence in end-to-end hybrid IT
management have established SolarWinds as a worldwide leader in
solutions for observability, IT service management, application
performance, and database management. Learn more today at
www.solarwinds.com.
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
SolarWinds growth strategy. These forward-looking statements are
based on management's beliefs and assumptions and on information
currently available to management. Forward-looking statements
include all statements that are not historical facts and may be
identified by terms such as "aim,” "anticipate,” "believe,” "can,”
"could,” "seek,” "should,” "feel,” "expect,” "will,” "would,”
"plan,” "intend,” "estimate,” "continue," or similar expressions
and the negatives of those terms. 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 expressed or implied by the forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, the risks and
uncertainties described more fully in documents filed with or
furnished to the Securities and Exchange Commission, including the
risk factors discussed in our Annual Report on Form 10-K for the
period ended December 31, 2021 filed on February 25, 2022. All
information provided in this release is as of the date hereof and
SolarWinds undertakes no duty to update this information except as
required by law.
The SolarWinds, SolarWinds & Design, Orion, and THWACK
trademarks are the exclusive property of SolarWinds Worldwide, LLC
or its affiliates, are registered with the US Patent and Trademark
Office, and may be registered or pending registration in other
countries. All other SolarWinds trademarks, service marks, and
logos may be common law marks or are registered or pending
registration. All other trademarks mentioned herein are used for
identification purposes only and are trademarks of (and may be
registered trademarks of) their respective companies.
© 2022 SolarWinds Worldwide, LLC. All rights reserved.
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John Eddy Goldin Solutions +1-646-660-8648 john@goldin.com Jenne
Barbour SolarWinds +1-512-498-6804 jenne.barbour@solarwinds.com
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