Zoom Appoints Michelle Chang as Chief Financial Officer
October 01 2024 - 8:00AM
UK Regulatory
Zoom Appoints Michelle Chang as Chief Financial Officer
SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) --
Zoom Video Communications (NASDAQ: ZM), today announced that
Michelle Chang has been appointed as its Chief Financial Officer
(CFO), effective October 7, 2024. Chang brings more than 25 years
of experience in financial leadership roles, most recently serving
as Corporate Vice President and CFO of Microsoft’s Commercial Sales
& Partner Organization.
Reporting directly to Zoom’s founder and CEO Eric S. Yuan, Chang
will be responsible for overseeing Zoom’s financial strategy, and
will lead the global finance organization, including investor
relations, tax, accounting and FP&A. Chang will succeed Kelly
Steckelberg, who as previously announced, will continue to serve in
an advisory capacity until the announcement of financial results
for Zoom’s third fiscal quarter ending October 31, 2024.
"We are thrilled to welcome Michelle to Zoom as we continue to
drive innovation, growth and value creation across our platform,
especially as we advance our Zoom 2.0 vision and AI-first work
platform strategy," said Yuan. "Michelle is a results and
values-driven leader with a strong track record of overseeing and
implementing growth initiatives while developing and engaging
talent across functions."
“I’m excited to join Zoom as the company executes on its mission
to deliver customer happiness by providing an innovative platform
that enables the future of workplace communications and
collaboration,” said Chang. “I look forward to rolling up my
sleeves and working with the entire Zoom team to help support
customers, as well as drive long-term growth and shareholder
value."
About Michelle Chang
Michelle Chang brings over 25 years of extensive leadership and
finance experience to Zoom. Most recently, she was Corporate Vice
President and CFO of Microsoft Commercial Sales & Partner
Organization. Prior to that, she served in numerous leadership
positions at Microsoft, including Corporate Vice President and CFO
of Modern Workplace (including Office and Teams) & Cyber
Security, among others. Her prior experience creating strong teams
and collaborative partnerships across engineering and go-to-market
illustrates the critical strategic value creation she will bring to
Zoom. Chang started her career as an Audit & Consulting Senior
at Arthur Andersen. She has a B.A. in Accounting from The
University of Washington and is a Board Member of Kindering.
About Zoom
Zoom’s mission is to provide one platform that delivers
limitless human connection. Reimagine teamwork with Zoom Workplace
— Zoom’s open collaboration platform with AI Companion that
empowers teams to be more productive. Together with Zoom Workplace,
Zoom’s Business Services for sales, marketing, and customer care
teams, including Zoom Contact Center, strengthen customer
relationships throughout the customer lifecycle. Founded in 2011,
Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose,
California. Get more information at zoom.com.
Forward-Looking Statements
This press release contains express and implied “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding expectations of
Zoom’s continued growth and the expected benefits of Zoom 2.0 and
Zoom’s AI-first work platform strategy. By their nature, these
statements are subject to numerous uncertainties and risks,
including factors beyond Zoom’s control, that could cause actual
results, performance or achievement to differ materially and
adversely from those anticipated or implied in the statements,
including declines in new customers, renewals or upgrades, or
decline in demand for Zoom’s platform, inability to respond to
rapid technological changes, extend Zoom’s platform or develop new
features, as well as those additional risks and uncertainties
described under the caption “Risk Factors” and elsewhere in Zoom’s
most recent filings with the Securities and Exchange Commission,
including its quarterly report on Form 10-Q for the second fiscal
quarter ended July 31, 2024. Forward-looking statements speak only
as of the date the statements are made and are based on information
available to Zoom at the time those statements are made and/or
management's good faith belief as of that time with respect to
future events. Zoom assumes no obligation to update forward-looking
statements to reflect events or circumstances after the date they
were made, except as required by law.
Contacts
Public Relations
Colleen Rodriguez
Head of Global PR for Zoom
press@zoom.us
Investor Relations
Charles Eveslage
Head of Investor Relations for Zoom
investors@zoom.us
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