Mumbai: Veeam Software, a global data management solutions provider, said on Friday that Anand Eswaran has been appointed as Chief Executive Officer (CEO) and a member of the company's Board of Directors.

Bill Largent, the company's CEO, is stepping down to focus on his responsibilities as Chairman of the Board of Directors. Veeam's yearly recurring revenue surpassed $1 billion this year, and the company now has over 400,000 customers.

"Eswaran's appointment as Veeam's new CEO excites me. Eswaran has a wealth of experience in creating new business models, expanding markets, and driving growth through an inclusive, purpose-driven, and people-first culture "Largent stated. Eswaran comes to Veeam from RingCentral, where he served as President and Chief Operating Officer (COO) and was responsible for the company's rapid growth and customer expansion.

"Data is exploding and has become one of every organization's most valuable assets. As a result, data management, security, and protection are critical to how businesses work today, and failing to have a solid strategy in place may be disastrous "Eswaran said.

Prior to joining RingCentral, Eswaran oversaw Microsoft's global Enterprise Commercial and Public Sector division.

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