Celebrating Todd Ford’s Appointment to Deel's Board of Directors
Welcoming Todd Ford to Deel’s Board of Directors
Today, Deel, a leader in the global payroll and HR landscape, enthusiastically announces the addition of Todd Ford to its Board of Directors. This strategic appointment aligns with Deel's impressive journey, highlighted by achieving profitability over the past two years within five short years of operation.
Todd Ford: A Wealth of Experience
Todd brings a remarkable breadth of professional experience to the table. His notable tenure includes serving as President and CFO of Coupa Software for eight years, during which multiple companies transitioned into public entities. His recent roles leading financial operations and investor relations with esteemed firms such as MobileIron and Rackable further emphasize his extensive expertise in the tech industry. He is currently involved with several boards, including Hashicorp, 8x8, and Arctic Wolf — companies reengineering their respective sectors.
Passion for People and Business Growth
Beyond his impressive credentials in corporate governance and navigating public to private transitions, Todd stands out due to his dedication to fostering talent and mentorship in the business arena. He embodies the essence of both analytical rigor and human connection, aligning perfectly with Deel's mission to revolutionize the payroll and HR experience. Todd resonates with Deel's vision of transforming how businesses manage, pay, and enhance their most valuable asset: their teams.
Todd's Vision for Deel
When reflecting on his attraction to Deel, Todd remarked, "The combination of a compelling growth narrative and the impressive achievement of profitability at such an early stage was irresistible. Deel not only addresses the pressing demands of globally minded organizations but also exhibits immense market potential and visionary leadership. I am eager to contribute to and enhance this journey."
Deel’s Remarkable Growth Journey
Since its inception, Deel has rapidly expanded its footprint, servicing over 35,000 global clients, including major firms like Nike, Hermes, Reddit, and Shopify. With two years of sustained profitability and crossing the milestone of $500 million in annual recurring revenue, Deel is aimed at establishing itself as the go-to global resource for payroll and HR. To further its goal, Deel has successfully acquired and integrated businesses like Hofy, a leader in global IT and device management, along with others that focus on people engagement and corporate development.
Future Outlook with Todd's Leadership
As Deel continues its strategic expansion, Todd's insights into corporate governance and investor relations will be pivotal. According to Deel's CFO, Philippe Bouaziz, "Our unique approach of prioritizing our technology and infrastructure has propelled Deel's accomplishments. As we glance toward future milestones, Todd's vast experience will play a crucial role in steering us forward."
Frequently Asked Questions
What role will Todd Ford play at Deel?
Todd Ford will serve as a member of Deel’s Board of Directors, contributing his extensive expertise in finance and corporate governance.
How many customers does Deel currently serve?
Deel serves over 35,000 global customers, including prominent brands like Nike and Reddit.
What is Deel's mission?
Deel aims to revolutionize global payroll and HR processes by providing a comprehensive platform that effectively manages businesses' teams.
What recent milestones has Deel achieved?
Deel has reached two years of profitability and over $500 million in annual recurring revenue since its inception.
What recent acquisitions has Deel made?
Deel has acquired several companies, including Hofy, Zavvy, and PaySpace, to enhance its technology-enabled services for global businesses.
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