Asana, Inc., a leading work management platform, has announced a significant change in its executive team with the appointment of Sonalee Parekh as the new Chief Financial Officer (CFO), effective September 11, 2024. Parekh, with over 25 years of experience in the technology and banking sectors, will be taking over from Tim Wan, who resigned from the role effective September 10, 2024, but will remain with the company to assist in the transition. Parekh's previous roles include CFO at RingCentral, Inc., and senior positions at Hewlett Packard Enterprise and various global investment banks. Her appointment is part of Asana's strategic move to drive growth and innovation, particularly at a time when AI is poised to transform the software industry. Parekh's compensation includes...Show More

Asana, Inc., a leading work management platform, has announced a significant change in its executive team with the appointment of Sonalee Parekh as the new Chief Financial Officer (CFO), effective September 11, 2024. Parekh, with over 25 years of experience in the technology and banking sectors, will be taking over from Tim Wan, who resigned from the role effective September 10, 2024, but will remain with the company to assist in the transition. Parekh's previous roles include CFO at RingCentral, Inc., and senior positions at Hewlett Packard Enterprise and various global investment banks. Her appointment is part of Asana's strategic move to drive growth and innovation, particularly at a time when AI is poised to transform the software industry. Parekh's compensation includes an annual base salary of $750,000 and an equity grant of $15,000,000 in restricted stock units, with a vesting schedule over four years. The company's press release also highlighted the successful tenure of Wan, who has been with Asana since 2017, during which the company grew to over $689 million in revenue and expanded its workforce significantly.