Kaseya CEO Gerald Blackie: We've Got New CFO, Same Strategy

Kaseya CEO Gerald Blackie: We've Got New CFO, Same Strategy

When Kaseya named a new CFO and a new executive VP earlier today, I wondered if the moves signaled a shift in the company's financial and business strategy. CEO Gerald Blackie (pictured) offered up a concise answer: "These personnel moves signal no change in strategy for Kaseya" -- and the company continues to march forward with a global growth plan. Here's a bit more background.

Kaseya develops IT automation software for MSPs and corporate IT departments. Over the past few years, I've asked Blackie multiple times if Kaseya (A) will ever raise money or (B) will ever pursue an IPO. Each time, Blackie has offered me the same answer. He notes that Kaseya is privately held, self funded, profitable and has no debt. The company has no plans to pursue outside funding, he's stated.

But when Kaseya named Anne Huemme CFO and Monica Hoppe executive VP, global human resources, I asked Blackie if the move signaled a change in strategy. He said no. Blackie complimented his former CFO and HR leaders, but said the company made the two executive appointments to reflect the fact that Huemme and Hoppe have experience in larger companies -- a key requirement as Kaseya grows.

Generally speaking, I believe Kaseya has pushed beyond 400 employees and is well beyond $100 million in annual revenues, though I haven't received any rough estimates on those figures in about a year or so.

End of story. For now. Yes, I'll raise the same strategic questions during the Kaseya Connect 2012 conference. I suspect Blackie will offer up the same answers on strategy. If his reply ever changes we'll be sure to report it.

TAGS: Leadership RMM
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