HashiCorp CEO Departs: ‘I Look Forward To Cheering HashiCorp’s Next Chapter’

‘The products, team and organization are in the perfect position to ensure that our products continue to quietly underpin an even greater proportion of the applications that we all use each and every day,’ Dave McJannet says in a LinkedIn post ahead of Monday’s official business operations transition to IBM.

HashiCorp’s CEO of nine-plus years, David McJannet, has joined other company executives in leaving the Terraform creator in recent days ahead of Monday’s official business operations transition to new parent IBM.

McJannet confirmed his departure from the San Francisco-based infrastructure cloud tools vendor in a post on LinkedIn Wednesday. He thanked customers, partners and employees for their role in “enabling a consistent operating model across the modern hybrid estate.”

“This is a team pursuit—the parts we play akin to roles in an orchestra, where every function is required to deliver the whole,” McJannet wrote. “To all of you: Thank you. I hope that together we have all learned to get just a little bit better at our craft.”

IBM’s HashiCorp

CRN has reached out to IBM and McJannet for additional comment.

McJannet thanked IBM for seeing an opportunity in the HashiCorp acquisition and HashiCorp co-founders Armon Dadgar and Mitchell Hashimoto.

“I look forward to cheering HashiCorp’s next chapter as a flagship element of the @IBM Software portfolio,” the former CEO wrote. “The products, team and organization are in the perfect position to ensure that our products continue to quietly underpin an even greater proportion of the applications that we all use each and every day. I look forward to following your success!”

Hashimoto left his namesake company in 2023. Dadgar remains with the combined company, even taking the stage at IBM Think 2025 to highlight some of the ways the Terraform creator will work well within Big Blue’s portfolio—an opportunity for solution providers of either company exploring cross-selling strategies.

Along with McJannet, HashiCorp has seen other executives leave amid its transition into an IBM company, including Chief Marketing Officer Marc Holmes, who joined Fireworks AI in July, and President of Worldwide Field Operations Susan St. Ledger, who retired in earlier this month, based on their LinkedIn accounts.

Before joining HashiCorp as CEO in 2016, McJannet served as an entrepreneur in residence at Greylock Partners, according to his LinkedIn account. He worked as vice president of marketing at GitHub for less than a year and held the same role at Hortonworks for about three years until leaving in 2015.

HashiCorp was founded in 2012 and bought by IBM in February to boost offerings in infrastructure and security life-cycle management automation, infrastructure provisioning, multi-cloud management, consulting and artificial intelligence, among other areas.

On Monday, all HashiCorp business operations will transition to IBM. HashiCorp has been integrating its products into the IBM automation portfolio and HashiCorp customers have been receiving new IBM customer numbers, with invoices issued by IBM going forward, according to an online post by HashiCorp this month.

In July, IBM Chairman and CEO Arvind Krishna offered a peek into how HashiCorp is doing within Big Blue, telling analysts on IBM’s quarterly earnings call that HashiCorp is “off to a great start, accelerating performance in our first full quarter since closing [the acquisition] and seeing early wins with joint Ansible and Terraform product synergies.”