Informatica (NYSE: INFA), a frontrunner in enterprise AI-driven cloud data management, has announced the addition of Mitesh Dhruv to its Board of Directors and his new role as Chair of the Audit Committee. With nearly 25 years of experience in the technology sector, Dhruv previously held a significant position at RingCentral, Inc. (NYSE: RNG), a provider of cloud-based communication and collaboration solutions, from 2012 to 2021. As Chief Financial Officer from 2017 to 2021, he played a pivotal role in accelerating the company’s cloud growth and improving its financial metrics. Dhruv’s earlier experience includes working as an equity analyst at Bank of America-Merrill Lynch from 2005 to 2012, focusing on software and cloud firms.
Dhruv is also an established public company board director, currently serving on the Board and Audit Committee of ChargePoint Inc. (NYSE: CHPT), a leader in electric vehicle infrastructure. He has previously been on the Board of ZoomInfo (NASDAQ: ZI) and chaired its Audit Committee from 2020 to 2024.
Informatica also announced that Elizabeth Rafael is stepping down from her position on the Board. Rafael, who notified the Board of her recent appointment as interim Chief Financial Officer at another public company in May 2024, is reducing her board commitments to focus on this interim role. She has been a member of Informatica’s Board since its IPO in October 2021 and has served as Chair of the Audit Committee.
Bruce Chizen, Chair of Informatica’s Board of Directors, expressed gratitude to Rafael for her leadership and contributions, wishing her success in her future endeavors. Chizen further expressed enthusiasm about Dhruv’s appointment, highlighting his financial expertise and experience in scaling technology companies as key assets to the Board, reinforcing Informatica’s commitment to effective corporate governance and shareholder value.
Dhruv remarked on Informatica’s unique market position, emphasizing the company’s enterprise AI-driven cloud data management capabilities, and expressed his eagerness to collaborate with the team to foster continued growth and innovation.
About Informatica:
Informatica (NYSE: INFA) specializes in enterprise AI-powered cloud data management, helping businesses unlock the full potential of their data. Through its innovative platform, the Informatica Intelligent Data Management Cloud™ (IDMC), powered by CLAIRE® AI, Informatica enables companies to connect, manage, and unify data across diverse multi-cloud and hybrid environments. With a client base spanning around 100 countries, including over 80 of the Fortune 100, Informatica plays a crucial role in facilitating data-driven digital transformation across various industries.
