Arctic Wolf Hires Former Nutanix CFO Ahead of Potential IPO

Credit: Arctic Wolf

Arctic Wolf has hired former Nutanix CFO Duston Williams as chief financial officer (CFO). Williams arrives with IPO (initial public offering) experience — which may bode well for Arctic Wolf as it prepares for a potential IPO.

Williams previously led Nutanix to IPO in 2016. Earlier, he helped to take Gigamon Inc. and Infinera Corporation public, Arctic Wolf notes.

Arctic Wolf is a fast-growing provider of a cloud-based security operations platform. The platform supports managed detection and response (MDR), cloud security posture management (CSPM), and other capabilities that help MSPs, MSSPs and end-customers to strengthen their security postures, Arctic Wolf asserts.

Arctic Wolf: Multiple Steps Toward Potential IPO

Arctic Wolf has taken multiple steps in recent months to pursue a potential IPO in 2022. Key moves include:

Next up? That Series F funding is considered “late stage” funding, and typically points the way to an IPO…

Arctic Wolf Hires Duston Williams as CFO: Executive Perspectives

In a prepared statement about Williams arriving as CFO, Arctic Wolf CEO Nick Schneider said:

“Duston’s proven and widely recognized financial leadership in driving and managing sustained revenue growth in multi-billion dollar companies will be a tremendous asset to Arctic Wolf. We believe his extensive experience helping companies grow while maintaining an exceptional financial profile will be instrumental in enabling us to scale as a global leader and capitalize on the market opportunity for security operations.”

Added Williams:

“I am thrilled to join the outstanding leadership team at Arctic Wolf. Arctic Wolf has demonstrated its ability to grow and I see a tremendous opportunity ahead to continue advancing its business performance into a world-class, global enterprise.”

Williams succeeds Gregor McCole, who shifts to senior VP of financial planning and analysis (FP&A).

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