As part of its Agreement Cloud strategy to automate the agreement process for companies of all sizes around the world, DocuSign promoted chief financial officer Michael Sheridan to President of International, and announced board member and audit committee chair Cynthia Gaylor as the new CFO. The company also appointed Teresa Briggs and James Beer to its board of directors.
After more than five years as CFO, Sheridan will now focus on driving growth in DocuSign’s $200+ million business outside the United States. The move reflects the vast commercial and consumer potential the company sees in international markets, which today account for over half its total addressable market, yet less than 20% of its total revenue.
The news expands the additional role Sheridan took on as GM of DocuSign’s EMEA region at the start of the year. It also builds on his established career as the CFO of companies like FireEye, Facebook, IGN Entertainment (now part of News Corp.) and SonicWALL (now part of Dell).
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As the new DocuSign CFO, Gaylor—who joined the board almost two years ago—will assume responsibility for the global finance organization and its overall strategy. She brings more than 25 years’ experience in finance and capital markets to the role, as well as a background in strategy, operations, and a deep understanding of enterprise and consumer software. Most recently the CFO of Pivotal Software, Gaylor previously led corporate development at Twitter, and prior to that was a managing director in Morgan Stanley’s technology group.
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