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Home > Cloud Computing > Nutanix CEO Dheeraj Pandey announces retirement plans

Nutanix CEO Dheeraj Pandey announces retirement plans

Nutanix announced that Dheeraj Pandey plans to retire as CEO of Nutanix after the appointment of the next CEO.

Erdem Yasar by Erdem Yasar
August 29, 2020
in Cloud Computing
2 min read
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Nutanix CEO Dheeraj Pandey announces retirement plans
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Enterprise cloud computing company Nutanix announced that the company’s co-founder and CEO’s retirement plans. According to the statement, Pandey will continue until the company selects and appoints the company’s next CEO. Pandey held the CEO position for the last 11 years. The company also announced Bain Capital Private Equity‘s investment of $750 million in Senior Convertible Notes to support the Company’s growth initiatives and financial results for its fiscal fourth quarter and year ended July 31, 2020.

$1.6B in Annual Billings

Dheeraj Pandey, Co-Founder and CEO of Nutanix
Dheeraj Pandey, Co-Founder and CEO of Nutanix

Pandey led the company from founding to $1.6B in Annual Billings in over 10 years. Pandey also published a post concerning his decision to retire. Dheeraj Pandey, Co-Founder and CEO of Nutanix, said,

“Co-founding and leading Nutanix for the last 11 years has been the single most rewarding experience of my professional career. Guided by a vision of making IT infrastructure so simple that it becomes invisible, our team has built Nutanix into a leader in cloud software and a pioneer in hybrid cloud infrastructure solutions. With our strong fourth quarter financial results, 29 percent growth in year-over-year run-rate ACV, a delightful software stack, and our recent launch of Nutanix Clusters on AWS bare metal, Nutanix is well positioned for the future. In addition, the $750 million investment from Bain Capital Private Equity announced today underscores the strength of our business and ensures a strong financial foundation to capitalize on the significant opportunities ahead. I am confident there is no better time for me to make this transition to a new leader who can guide Nutanix through its next decade of growth and success.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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