BlueCat Appoints CFO and VP of Corporate and Business Development
BlueCat, the leading provider of Adaptive DNS, today announced the appointment of Stephen Devito as Chief Financial Officer and Gautam Nadella as Vice President of Corporate and Business Development.
BlueCat announced two executive appointments to support growth and strategic initiatives: Stephen Devito as Chief Financial Officer and Gautam Nadella as Vice President of Corporate and Business Development. The hires address real-world needs around managing rapid enterprise growth, shifting revenue models from license to subscription, and defining strategic partnerships and acquisition activity within a technical environment focused on Adaptive DNS, cloud migration, virtualization and cybersecurity. The appointments are intended to strengthen financial strategy, M&A and investor relations capabilities while advancing BlueCat’s role as a foundation for secure, centralized and automated DNS services across large enterprise networks.
What responsibilities will Stephen Devito have as BlueCat’s new Chief Financial Officer?
As CFO, Stephen Devito will lead BlueCat’s financial strategy and help manage company growth during a period where the business is diversifying its product portfolio and shifting revenue from license-based to subscription-based models. His responsibilities include financial management areas such as mergers and acquisitions, investor relations, equity financing and other capital activities, drawing on his two decades of experience and prior roles that included leading companies through IPOs and sales. Devito’s financial leadership is intended to support BlueCat’s operational and strategic objectives tied to cloud migration, virtualization and cybersecurity market opportunities.
What experience does Gautam Nadella bring to his role in corporate and business development?
Gautam Nadella joins BlueCat from eBay Inc., where he served more than two years as Director of Corporate and Business Development, and previously spent ten years at Cisco as Director of Corporate Business Development. At Cisco he led teams through multiple acquisitions, divestitures and investments, including work on the Sourcefire acquisition and the sale of the Linksys division. At BlueCat he will help define the role of strategic partnerships and acquisition-related activity in the company’s overall strategy, leveraging his experience in deal execution and corporate growth initiatives.
How do these executive hires relate to BlueCat’s product focus and customer needs?
The appointments support BlueCat’s position as an Adaptive DNS provider used by large global enterprises for digital transformation initiatives like cloud migration, virtualization and cybersecurity. Strengthening financial leadership and corporate development capabilities helps BlueCat navigate growth, execute strategic partnerships and pursue acquisitions that can enhance its platform. These roles aim to enable continued centralization and automation of DNS services for improved control, compliance, security and operational efficiency across enterprise networks.
TORONTO, ON—April 16, 2018—BlueCat, the leading provider of Adaptive DNS, today announced the appointment of Stephen Devito as Chief Financial Officer and Gautam Nadella as Vice President of Corporate and Business Development. Stephen’s appointment is effective February 20, and Gautam’s, April 9.
“We are delighted to welcome two executives with Stephen and Gautam’s depth of expertise,” said BlueCat CEO, Michael Harris. “BlueCat has experienced tremendous growth over the last few years as enterprises have invested in digital transformation and bolstered their cyber security posture. I expect these two roles will add immeasurable value in helping BlueCat navigate this growth.”
As CFO, Stephen will lead financial strategy and help BlueCat manage company growth as it diversifies its product portfolio and shifts from license to subscription-based revenue. A seasoned CFO with two decades of experience, Stephen brings an impressive track record of financial management to BlueCat, which includes mergers and acquisitions, investor relations, an IPO, equity financing, and more. Stephen was EVP and CFO at Marketwired for 8 years, which was sold to Nasdaq in 2016. Stephen also held CFO roles at Second Cup, where he led the company through an IPO, and Q4 Inc. He is a designated CPA, CA with the Institute of Chartered Professional Accountants of Ontario and holds a Bachelor of Commerce from the University of Toronto.
As BlueCat’s VP of Corporate and Business Development, Gautam will help define the role of strategic partnerships and acquisition-related activity in the company’s overall strategy. Silicon Valley-based Nadella comes to BlueCat from eBay Inc., where he spent more than 2 years as Director of Corporate and Business Development. He was previously Cisco’s Director of Corporate Business Development, where he served for 10 years and led teams through numerous acquisitions, divestitures and investments. Notably, he helped drive Cisco’s acquisition of Sourcefire, a leading provider of intelligent cyber security solutions, and led the sale of its Linksys division. Gautam holds Master of Science and Bachelor of Science degrees from Stanford University, and an MBA from Harvard Business School.
About BlueCat
BlueCat is the Adaptive DNS Company™. The largest global enterprises trust BlueCat to provide the foundation for digital transformation strategies such as cloud migration, virtualization and cyber security. Our Adaptive DNS platform improves control and compliance across entire networks, enabling organizations to centralize and automate DNS services for security and operational efficiency. For more information, please visit bluecatnetworks.com
Contact Information
Jim Williams
BlueCat Public Relations
[email protected] 781.718.1435