SAS Welcomes Matt Parson as New Chief Financial Officer
SAS Welcomes Matt Parson as New Chief Financial Officer
Seasoned finance and operations leader joins to drive growth, scale and market readiness.
SAS, a global leader in data and AI, has appointed Matt Parson as Executive Vice President and Chief Financial Officer (CFO). Parson takes over from long-time CFO David Davis, who is retiring after nearly 40 years of dedicated service to SAS.
In his new role, Parson will be responsible for leading SAS' global financial strategy. His focus will include critical areas such as forecasting, planning, capital management, and investor engagement. Additionally, he will be instrumental in defining operational priorities that support the company's growth objectives and long-term value creation.
Driving Growth through Strategic Leadership
As SAS CFO, Parson will be pivotal in driving scalable growth and market expansion. His extensive background combines technical expertise with strategic insight, which will be invaluable as SAS evolves its operational framework and growth strategy for the future.
Extensive Experience in Technology Sector
Over the past two decades, Parson has made significant contributions to several high-growth technology companies. Notably, he spent 12 years at Red Hat, where he was crucial in the company’s international expansion, guiding it from $200 million to nearly $3 billion in annual revenue. His extensive financial leadership also includes tenures as CFO of CloudBees and Paymentus, where he successfully navigated the latter's IPO.
A Vision for Future Success
In a statement, SAS CEO Jim Goodnight remarked, "Matt joins us at a pivotal time. From auditing at Big Four firms to steering the finances of global tech companies, Matt brings a blend of skills that will benefit SAS in the years ahead." Parson has most recently held dual roles as CFO and COO at ExtraHop and is well-prepared to lead SAS in enhancing its financial and operational strategies.
Parson expressed enthusiasm about joining SAS, stating, "I’m honored to join SAS as it builds momentum for the future. The company’s strong reputation for innovation and impact is well-earned, and I look forward to partnering with the leadership team to promote growth and success moving forward."
About SAS
SAS is a leading global organization in data and artificial intelligence, dedicated to transforming data into trusted decisions with robust software and industry-specific solutions. Known for its innovative approach, SAS empowers organizations with insights to drive actionable outcomes, ensuring that they hold THE POWER TO KNOW.
Contact Information:
For editorial inquiries, please contact Shannon Heath at 919-531-2676.
Frequently Asked Questions
Who is Matt Parson?
Matt Parson is the newly appointed Chief Financial Officer (CFO) of SAS, with extensive experience in the technology sector.
What is SAS known for?
SAS is known for being a global leader in data analytics and artificial intelligence, helping organizations make informed decisions based on their data.
What was Parson's role prior to joining SAS?
Before joining SAS, Parson was the CFO and COO at ExtraHop and held executive positions at various high-growth technology companies.
What are Parson’s priorities as SAS CFO?
Parson will focus on global financial strategy, including capital management, investor relations, and supporting scalable growth and market expansion.
How long did David Davis serve as CFO of SAS?
David Davis served as the CFO of SAS for nearly 40 years before retiring.
About The Author
Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
