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DigitalOcean Appoints Paddy Srinivasan To Succeed Yancey Spruill As CEO

RTTNews | vor 567 Tagen

DigitalOcean Appoints Paddy Srinivasan To Succeed Yancey Spruill As CEO

(RTTNews) - DigitalOcean Holdings, Inc. (DOCN) announced Wednesday that the Board of Directors has appointed Paddy Srinivasan as the new Chief Executive Officer and as a member of its Board of Directors, effective February 12, 2024.

Srinivasan takes the helm from outgoing CEO Yancey Spruill, who has successfully led DigitalOcean since 2019, having taken the Company public. Spruill will step down from his positions as CEO and a member of the Company's Board of Directors upon Srinivasan's start date.

Srinivasan is joining DigitalOcean from GoTo, a SaaS company and provider of cloud communication and IT management software, where he served as CEO.

The breadth of his experience in product and technology leadership includes success in both entrepreneurial endeavors, with his co-founding of Opstera, and in the world's largest technology companies, including Oracle and Microsoft.

While at GoTo (formerly LogMeIn), his roles included Chief Executive Officer; Chief Product and Technology Officer; SVP Products and General Manager; and VP Products and Engineering.

Prior to GoTo, Srinivasan was General Manager for Data, Machine Learning Platform Services, Alexa AI, at Amazon.

Tags: DOCN

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Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just beneath the 23,450-point plateau although it's likely to bounce higher again on Thursday.

RTTNews | vor 20 Minuten

Higher Open Called For Singapore Stock Market

Higher Open Called For Singapore Stock Market

The Singapore stock market has climbed higher in three straight sessions, gathering more than 70 points or 1.7 percent along the way. The Straits Times Index now sits just above the 4,225-point plateau and it may see additional support again on Thursday.

RTTNews | vor 50 Minuten

South Korea Has $14.27 Billion Current Account Surplus

South Korea Has $14.27 Billion Current Account Surplus

South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.

RTTNews | vor 1Std 12 Minuten

Malaysia Shares Tipped To Open To The Upside

Malaysia Shares Tipped To Open To The Upside

The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's got another green light for Thursday's trade.

RTTNews | vor 1Std 20 Minuten

Japan Stock Market May Crack Resistance At 41,000 Points

Japan Stock Market May Crack Resistance At 41,000 Points

The Japan stock market has moved higher in back-to-back sessions, advancing more than 500 points or 1.2 percent along the way. The Nikkei 225 now sits just shy of the 40,800-point plateau and it's tipped to open in the green again on Thursday.

RTTNews | vor 1Std 35 Minuten

Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in three straight sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau and it may add to its winnings again on Thursday.

RTTNews | vor 1Std 50 Minuten

China Trade Data On Tap For Thursday

China Trade Data On Tap For Thursday

China will on Thursday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.

RTTNews | vor 2Std 50 Minuten

U.S. Dollar Drops Against Majors

U.S. Dollar Drops Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.

RTTNews | vor 3Std 51 Minuten

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