Talend Names 3 New Female Execs From SAP, Issues Preliminary Q4 Estimates
REDWOOD CITY, Calif., Jan. 9, 2020 — Talend, a global leader in cloud data integration and data integrity, today announced it has appointed Christal Bemont, former chief revenue officer at SAP Concur, as its chief executive officer and director on the Talend Board of Directors. Mike Tuchen, who led Talend through a successful transformation over the last 6 years from a $50M startup to a $250M publicly-held company, is stepping down as CEO, effective immediately, and will remain on the Board of Directors. The company also announced today that it has appointed Ann-Christel Graham as chief revenue officer and Jamie Kiser as chief customer officer.
“As Talend’s CEO, Mike successfully implemented a multi-year strategy, growing the company to nearly $250M in revenue and transforming it into a leader in cloud integration. Over the past 18 months, Mike led Talend’s transformation to the cloud and achievement of our goal of reaching over half of new ARR from the cloud in the fourth quarter. I’d like to thank him for his vision and guidance in positioning the company to take advantage of a large global opportunity,” said Steve Singh, Chairman of the Board of Talend. “I’m thrilled to have Christal join as Talend’s CEO. She will be instrumental in accelerating our cloud transformation and broader go-to-market strategy. I worked closely with Christal at Concur and at SAP, where she helped to scale a startup into a $1B+ cloud business. The board is confident that her leadership skills, cloud market knowledge, and deep SaaS expertise will help Talend execute against the opportunity in front of it.”
Bemont brings to Talend significant expertise in leading go-to-market strategies scaling cloud businesses. She has a demonstrated track record in digital transformation, new market expansion, channel and partner collaboration, and creating operational efficiency.
As chief revenue officer at SAP Concur, Bemont oversaw a business spanning a global footprint of over 90+ countries and was responsible for the development and execution of all go-to-market strategies to drive and sustain 25+% annual revenue growth. Prior to that role, Bemont held a series of sales and leadership positions across the company’s enterprise and SMB segments over a 15-year tenure. Earlier in her career, Bemont served in a number of capacities focused on customer success and improving business operations at Motorola. She also previously worked for Adexs, Extensity, and Clarify.
“Today marks the next chapter at Talend—as we accelerate our journey to becoming a billion-dollar revenue company. I’ve been honored to help lead the team that brought Talend from startup to IPO and now to a quarter-billion-dollars, and look forward to seeing Talend enter its next growth phase at scale,” said Mike Tuchen. “Christal has exceptionally strong leadership skills, deep go-to-market experience, and unique expertise in scaling multibillion-dollar cloud businesses. She’s the right leader at the right time in Talend’s evolution.”
“The cloud plays an increasingly essential role in delivering business insights to the enterprise, and Talend plays an equally important role by providing the industry’s only cloud platform that removes the major hurdles preventing companies from using data as a strategic asset. Talend is now in a unique position to attack what has become a multi-billion-dollar cloud market opportunity,” said Christal Bemont, Talend CEO. “I’m delighted to be joining the company and look forward to working with my leadership team and a talented group of employees to leverage Talend’s cloud momentum and drive the businesss forward.”
Ann-Christel Graham, named to the newly-created position of chief revenue officer at Talend, brings nearly two decades of SaaS sales leadership experience to the company. Most recently, Graham was vice president of sales for enterprise clients at SAP Concur, responsible for managing complex, multi-million-dollar sales cycles to Fortune 1000 companies and building high-performing sales teams. Prior to that, she held a range of sales positions with SAP Concur, each with increased responsibility.
Additionally, Jamie Kiser is joining Talend as chief customer officer. Previously, she served over six years with SAP in various product, services, and implementation roles where she was most recently vice president, global public sector for SAP Concur.
In conjunction with the executive-leadership transitions, the company disclosed the hiring of new sales and marketing leadership in Europe. Muriel Raffatin recently joined as Head of EMEA Marketing, and Gareth Vincent will be joining next month as General Manager of EMEA.
Talend also announced that Nanci Caldwell is stepping down from its Board of Directors. “I want to thank Nanci for her incredible contribution to Talend; it’s been an absolute pleasure to work with her,” continued Steve Singh. “Nanci’s extensive experience in the IT industry and on public boards has been invaluable.”
Talend is early in its quarter close process and, based on preliminary data, expects total revenue for the fourth quarter ended December 31, 2019 to be in the range of $66.5 million to $67.0 million, versus prior guidance of $65.4 million to $66.4 million. Subscription Revenue is expected to be in the range of $58.8 million to $59.2 million, representing year-over-year growth of 21% to 22% based on actual currency. Additionally, Talend Cloud represented 50% of new annual recurring revenue (ARR) in the fourth quarter of 2019. Talend will release its financial results for the fourth quarter and fiscal year 2019 after the market close on February 13, 2020. The company will host a conference call and live webcast for analysts and investors at 4:30 p.m. Eastern time on that day. The news release with the financial results will be accessible from the company’s website prior to the conference call.
Talend, a leader in cloud data integration and data integrity, enables companies to transform by delivering trusted data at the speed of business. Talend Data Fabric offers a single suite of apps that shortens the time to trusted data by solving some of the most complex aspects of the data value chain. Users can collect data across systems, govern it to ensure proper use, transform it to new formats and improve quality, and share it with internal and external stakeholders.