RingCentral Appoints Clyde R. Hosein as Chief Financial Officer
Former CFO of Marvell Technology Group Further Strengthens RingCentral
SAN MATEO, Calif. -- August 19, 2013
RingCentral, Inc., a leading provider of cloud business communications
solutions, today announced the appointment of Clyde R. Hosein as Executive
Vice President and Chief Financial Officer. Mr. Hosein brings nearly 30 years
of finance and operational experience at leading companies.
“Clyde brings to RingCentral a depth of experience in finance and operations,”
said Vlad Shmunis, Chairman and CEO of RingCentral. “As we grow, we continue
to deepen our team with executives experienced in scaling companies.”
“I am very impressed with RingCentral’s strategy, market focus, products and
management team. RingCentral’s innovative cloud business communication
solutions support the new way of doing business with distributed and mobile
employees, and the proliferation of “bring-your-own” communications devices,”
said Clyde Hosein.
Prior to joining RingCentral, Mr. Hosein served as Chief Financial Officer for
Marvell Technology Group (Nasdaq: MRVL), a fabless semiconductor company with
annual revenues that grew to over $3.6 billion during his tenure. Mr. Hosein
also served as Marvell’s Interim Chief Operating Officer from 2008 to 2010.
Prior to joining Marvell he served as Chief Financial Officer for Integrated
Device Technologies, Advanced Interconnect Technologies and Candescent
Technologies. Mr. Hosein began his career with IBM Corporation, where he held
positions in engineering, operations and finance. Mr. Hosein holds an MBA from
New York University Stern School of Business and a BS in industrial
engineering from Polytechnic University in New York.
RingCentral is a leading provider of cloud business communications solutions.
Easier to manage and more flexible than on-premise communications systems,
RingCentral’s cloud solution meets the needs of modern distributed and mobile
workforces, while eliminating the expense of on-premise hardware.
Headquartered in San Mateo, California, RingCentral is privately held with
backing from Sequoia Capital, Khosla Ventures, Cisco, Scale Ventures, and
others. For more information on RingCentral visit www.ringcentral.com.
Nisha Ahluwalia, 650-472-4127
Shahed Ahmed, 703-390-1515
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