Jamf Welcomes David Rudow as New Chief Financial Officer
Jamf Welcomes New CFO David Rudow
Jamf, the leading provider of Apple device management and security, has made a significant change in its leadership team with the appointment of David Rudow as Chief Financial Officer (CFO). This decision comes as the company continues its commitment to provide innovative solutions for managing Apple technology in workplaces around the globe.
Transitioning Leadership for Future Growth
David Rudow will officially take on his new role on October 28, 2024, succeeding Ian Goodkind, who has served as CFO for the past five years. Goodkind is leaving to pursue new opportunities, and during the transition, he will collaborate closely with Rudow to ensure a smooth handover of responsibilities. This transition is expected to pave the way for continued stability in Jamf’s financial leadership as they pursue further growth.
Rudow's Impressive Background
With an extensive background in finance across both public and private sectors, Rudow brings a wealth of experience to Jamf. Before joining the team, he served as CFO at Cover Genius and held executive financial positions at Unite Us and nCino, a well-known fintech SaaS company. At nCino, Rudow played a pivotal role in steering the company through its initial public offering, showcasing his capability in guiding financial strategy in high-stakes environments. Additionally, Rudow has a strong foundation in investment banking and financial services, with experience at notable firms like J.P. Morgan and Piper Jaffray.
A CEO’s Praise
John Strosahl, CEO of Jamf, expressed his gratitude to Ian Goodkind for his contributions and emphasized how Rudow’s financial acumen will enhance the company's future. Strosahl highlighted Rudow's proven track record and his invaluable experience within the tech realm, firmly believing that his influence will be significant as Jamf continues to innovate and nurture growth in an ever-evolving market.
Exciting Times Ahead for Jamf
Rudow himself expressed enthusiasm about joining the team at Jamf, reminiscing about the company’s outstanding culture. According to Rudow, Jamf is a leader in managing and securing Apple devices, and he is eager to help further its mission to empower organizations through effective technology integration. His excitement reflects Jamf’s drive towards excellence and its commitment to delivering value to customers, employees, and shareholders alike.
Financial Outlook Reaffirmed
In conjunction with the leadership transition, Jamf is reaffirming its financial outlook for the upcoming quarters. For Q3 of 2024, the company anticipates total revenues ranging from $156.5 to $158.5 million, along with a non-GAAP operating income of between $25.5 to $26.5 million. For the entire year, projected revenues are expected to be between $622.5 and $625.5 million, with a non-GAAP operating income in the range of $96.0 to $98.0 million. Jamf is poised to report its financial results for Q3 at the beginning of November, keeping stakeholders informed about its growth trajectory.
Understanding Non-GAAP Financial Measures
While discussing their financial health, Jamf also elaborated on its use of non-GAAP financial measures, particularly focusing on non-GAAP operating income. This metric, which excludes certain expenses typically accounted for under GAAP, is used by Jamf to provide clarity into its operating performance. The rationale behind this is to offer a consistent framework for evaluating performance, helping investors make well-informed comparisons with the company’s historical data and other firms in the industry.
About Jamf
Jamf is committed to simplifying work for organizations by enabling them to efficiently manage and secure Apple devices. It stands out as the only firm providing a comprehensive management solution for an Apple-first environment that emphasizes security and user privacy. As it continues to innovate, Jamf remains focused on creating a trusted Apple experience that both users and organizations can rely on.
Frequently Asked Questions
Who is the newly appointed CFO of Jamf?
David Rudow has been appointed as the new Chief Financial Officer of Jamf.
When will David Rudow officially start at Jamf?
Rudow will begin his role as CFO on October 28, 2024.
What is the expected revenue for Jamf in the third quarter of 2024?
Jamf expects total revenue between $156.5 to $158.5 million for Q3 2024.
What is the significance of non-GAAP measures for Jamf?
Non-GAAP measures provide additional clarity into Jamf's operating performance beyond standard accounting practices.
What is the mission of Jamf as a company?
Jamf aims to simplify management and security for Apple devices in organizations, enhancing productivity and user satisfaction.
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