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Coupa Appoints Todd Ford as Chief Financial Officer
Seasoned Technology Industry Executive Brings Finance and Operations Experience to Help Coupa Scale for Rapid Growth & Global Expansion
SAN FRANCISCO — COUPA INSPIRE — June 3, 2015 — During Coupa INSPIRE'15, the premier cloud spend management industry gathering currently taking place at the Hilton San Francisco Union Square hotel, Coupa Software announced today the appointment of Todd Ford as chief financial officer. Mr. Ford will report directly to Coupa's CEO, Rob Bernshteyn, and will oversee the company's financial operations. The appointment is effective immediately and has been approved by Coupa's Board of Directors.
"Our relentless focus on delivering real, measurable business value to customers and our innovative cloud platform positions us for further rapid global growth and expansion, and Todd's background and wealth of experience makes him the ideal executive to help drive Coupa's financial performance forward," said Bernshteyn. "I'm thrilled to have a partner like Todd join the Coupa team. He has a proven track record for developing cross-functional business enablement teams and strengthening relationships among investors, board members, customers and employees, which will be instrumental to Coupa's success in the future."
Mr. Ford brings more than 25 years of broad management and financial operational experience to Coupa, and has an extensive background in developing companies from early stage start-ups through public offerings and beyond. Most recently, he served as CFO of MobileIron, where he led the company through a successful IPO in 2014, and was responsible for financial planning and analysis, accounting, treasury activities, and investor relations.
"Coupa is absolutely changing the game within the cloud-based spend management market and has the most transformational industry vision and innovative technology I've ever seen," said Ford. "Coupa's cloud platform is truly differentiated and I'm enthusiastic about joining the Coupa team at a pivotal time in the company's history and helping facilitate its growth into the future."
Prior to joining MobileIron, Mr. Ford was a Founding General Partner at Broken Arrow Venture Capital, where he invested in early-stage companies. He also previously served as CFO of Rackable Systems Inc. (now Silicon Graphics International Corp) where he led the start-up from $20 million in revenues to more than $350 million in revenues as a publicly traded company. Mr. Ford has also held various management and financial positions with several technology companies including Raster Graphics, and Cadence Design Systems. He began his career with Arthur Andersen and Ernst & Young, and earned a B.S. in Accounting from Santa Clara University.
About Coupa Software
Coupa Software is the leading provider of cloud-based financial applications. More than 500 customers in over 40 countries, including Sanofi, Salesforce.com, BNP Paribas North America, NEC, Royal Bank of Canada, Swiss Re, and Highmark Health use the Coupa suite of financial applications to support business agility and reduce costs. Coupa provides a suite of true cloud applications for finance, including accounts payable, sourcing, procurement and expense management, that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at www.coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.