CloudBees announced the appointment of Stephen DeWitt as its new CEO. DeWitt is a distinguished technology executive who’s guided multi-billion-dollar businesses through IPO and strategic growth initiatives.
The move represents a critical step for CloudBees, as the company expands its leadership position in the DevOps market and scales its global operations.
Co-founder and former CEO Sacha Labourey will remain very involved at CloudBees as chief strategy officer. Labourey, based in Switzerland, led the CEO search process with full support from the board of directors.
He remains a member of the board and of the executive team, focusing on corporate, product and partner strategy. He will partner closely with DeWitt to help shape the company’s vision for the market.
“The DevOps market is growing at a break-neck pace – and now is the time for CloudBees to be bold and fast in its execution,” Labourey said. “Stephen has a proven track record in driving execution, raising funds and delivering on bold strategies.
“His combined experience, business acumen and energy will invigorate our leadership team and drive the company forward in capturing even greater market share. At the same time, I will dedicate time and energy to strategy, where I will continue to impact CloudBees’ success.”
Having just completed a milestone year that included the company passing the $100 million mark in ARR, CloudBees will look to drive this next phase of growth through expansion of its product portfolio, additional capital raising initiatives, including a potential IPO, and deepening its collaboration with leading enterprises around the globe.
CloudBees has been named a Leader for continuous delivery by an independent industry analyst firm. The company has also been recognized for Completeness of Vision for application release orchestration by another industry analyst firm.
Today, CloudBees is pioneering new concepts in full lifecycle software delivery. CloudBees’ Software Delivery Automation platform creates a single system to orchestrate all software processes, from continuous integration to continuous delivery and application release orchestration.
Late in 2020, CloudBees launched its Software Delivery Management platform, which creates a system of record for all of the data associated with a company’s software delivery processes.
The two platforms tie together processes and data, enabling enterprises to generate increased business value through software investments.
DeWitt has a distinguished career in the technology sector. He has successfully built multiple start-ups from inception to scale. He has also served as a senior executive for influential market leaders HP, Cisco, Symantec and Sun.
Most recently DeWitt served as chief strategy officer at Automation Anywhere, a global leader in robotic process automation.
Prior to Automation Anywhere, DeWitt served as CEO of WorkMarket, a pioneering SaaS-based labor automation platform for enterprises, which was sold to ADP. He also has served as CEO at software provider Azul Systems and as CEO at Linux server provider Cobalt Networks.
Cobalt Networks went IPO and was ultimately sold to Sun Microsystems for $2 billion.
“I’m excited to be joining Sacha and the team at CloudBees,” DeWitt said. “Having spent more than 30 years building innovative start-ups and running tech businesses at scale, I know first hand the impact our innovation has on our customers.
“I’ve known CloudBees for years and am honored to join a talented team as the company writes this next exciting chapter in the evolution of the DevOps category. The world has changed in front of all of our eyes.
“The enterprise is rewriting itself and the importance of automation and the software delivery lifecycle brings the future of DevOps to the forefront…yet again.”