Extreme Networks Brings In Kevin Rhodes To Pick Up CFO Mantle

The networking specialist has appointed Kevin Rhodes to CFO, replacing Rémi Thomas who left the company in February.


Kevin Rhodes

Networking specialist Extreme Networks Inc. has filled its empty CFO seat with Kevin Rhodes, who most recently led finance at global vertical SaaS provider Duck Creek Technologies, the company announced on Monday.

Rhodes is taking over for Extreme’s former CFO Rémi Thomas who left the company in February after accepting the same role for privately held software company Proofpoint.

Extreme’s Senior Vice President and head of Financial Planning and Analysis Cristina Tate stepped in and has served as interim CFO since February. Tate, who is also the chair of Extreme’s Women in Networking (WIN) alliance, will continue in her role as senior vice president of finance where she will partner with Rhodes to drive the company’s financial strategy, according to the company.

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[Related: Extreme Networks CEO On Growing When Competition Is Shrinking: ‘The Evidence Is In The Growth’]

Rhodes, prior to his new post with Morrisville, N.C.-based Extreme, was executive vice president and CFO for Duck Creek Technologies where he played a significant role in leading the company to a successful acquisition by Vista Equity Partners for $2.6 billion. Before that, Rhodes held CFO roles at workflow platform provider Finvi, additive manufacturing platform provider Markforged and Brightcove.

“[Rhodes] is a business-oriented leader with an exceptional track record driving long-term growth at SaaS companies. His focus on understanding the business and aligning market drivers to growth models will provide Extreme with the insights and skillset needed to continue to drive our Annual Recurring Revenue (ARR), margin expansion and long-term shareholder, customer and franchise value. We believe his experience scaling businesses of our size will deliver immediate value for Extreme,” the company’s CEO Ed Meyercord said in a statement published on Monday.

Extreme Networks is expected to report its fiscal year Q3 2023 earnings on Wednesday. During its Q2 2023 earnings call, the company raised its 2023 revenue growth outlook and said it expects the momentum to continue into fiscal year 2024 as the supply chain environment continues to improve.