Cloudera Taps Hortonworks Co Founder
for CEO Post|
has appointed Robert Bearden as President and Chief Executive Officer.
“Rob has been a valuable resource for me and the company as we refined
our post-merger strategy and positioned the company for the hybrid and
multi-cloud opportunity in the enterprise,” said Martin Cole, chairman
of the board of directors and interim CEO of Cloudera. “His extensive
industry knowledge, unique customer insights and highly relevant CEO
experience make Rob the natural choice to lead Cloudera into the
“I am excited to become Cloudera’s CEO and to help lead its next phase
of growth as the enterprise data cloud company,” said Bearden. “As a
board member, I’ve been engaged with the leadership team on the
company’s vision and strategy. I am fully committed to that strategy and
confident our team will continue to execute on our growth initiatives.
There is a large market for enterprise solutions that manage the
complete data lifecycle across any cloud or data center. The new
Cloudera Data Platform will enable us to capture more of this
Bearden is an experienced enterprise software executive. He was
co-founder and CEO of Hortonworks, a publicly traded open-source company
that merged with Cloudera in 2019. He also served as President and COO
of SpringSource, a leading provider of open-source developer tools,
until its acquisition by VMWare in 2009. Before joining SpringSource,
Bearden served as Entrepreneur in Residence at Benchmark Capital. He
also served as COO of JBoss, a leading open-source middleware company,
until its acquisition by Red Hat in 2006.
Cole will be retiring and current board member Nicholas Graziano will
assume the duties of chairman of the board of directors. Kimberly
Hammonds will also be leaving the board. Graziano has been Portfolio
Manager of Icahn Capital LP since February 2018. He was previously the
Founding Partner and Chief Investment Officer of Venetus Partners LP.
Graziano currently serves on the boards of directors of Conduent
Incorporated, Herbalife Nutrition Ltd., Herc Holdings Inc. and Xerox
“On behalf of the board of directors, we are grateful to Marty Cole and
Kim Hammonds for their many years of service as board members,” said
Graziano. “In addition, we thank Marty for his stewardship of Cloudera
as interim CEO while we identified the company’s next leader. I am
looking forward to working with Rob, fellow board members and Cloudera
management to drive increasing enterprise value.”
In connection with the announcement, Cloudera also reaffirmed the
guidance for the fourth quarter of fiscal 2020 and the full year fiscal
2020 that it provided in the December 5, 2019 press release.