Girish Mathrubootham steps down as Freshworks CEO; Dennis Woodside takes charge
Freshworks said on Wednesday that founder Girish Mathrubootham will step aside as the chief executive and will take on the role of executive chairman. Meanwhile, Dennis Woodside will take over as CEO of the CRM software maker.
In a post on X, Mathrubootham said, «After spending almost 14 years since founding Freshworks as a tiny startup in Chennai, to scaling it to be a global Saas player and the first Indian Saas company to list on Nasdaq, I’m excited to announce that I’m stepping into a new role as Executive Chairman of Freshworks.»
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Offering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisit Shares of the San Mateo, California-based company fell about 21% in extended trading.
Woodside joined Freshworks as president in 2022, with a prior professional record including roles as president at Impossible Foods, Dropbox COO and Motorola Mobility's CEO.
Mathrubootham founded the company in 2010 in India's Southern city of Chennai and guided the company to go public in the Nasdaq stock exchange in 2021.
In a note to employees on Thursday, he said the decision to step down as CEO was not taken lightly. «A couple of years ago, I started talking with our board about my longer-term plans for Freshworks. I shared that when the time is right, I would like to shift my focus to our long-term product vision and
