BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet, the AI-powered enterprise-grade work management platform, today announced that, following nearly two decades at the helm of Smartsheet, Mark Mader will retire as CEO and from the Board of Directors at the end of September. Software industry veteran Sunny Gupta will assume the role of Executive Chair and Acting CEO. In this role, Gupta will provide strategic oversight and operational support as the company drives its next phase of innovation, growth,
Related Questions
Will the leadership change impact the company's guidance or earnings forecasts?
How will the change influence Smartsheet's valuation multiples relative to peers?
Is there a risk of increased insider selling or reduced insider ownership surrounding the transition?
What is the expected impact on Smartsheet's product roadmap and innovation pipeline?
How might the departure of Mark Mader influence investor confidence?
What is the market's perception of Sunny Gupta's ability to drive growth?
How will the CEO transition affect Smartsheet's short‑term stock performance?
Are there any upcoming strategic initiatives that could be delayed or accelerated due to the transition?
Could this leadership change affect partnership or acquisition activity?
Do similar leadership changes in comparable SaaS companies historically lead to price volatility?