Vista Equity Partners co-founder and President Brian Sheth, who had served on the Datto board since the MSP platform provider was acquired by Vista three years ago, stepped aside from his board role just before an expected $561 million Datto initial public offering.
Sheth, 44, was one of just nine Datto directors that signed the company’s Sept. 29 S-1 IPO filing. An amended S-1 filing on Oct. 14, however, does not include Sheth, who worked at Bain Capital on leveraged buyouts of technology companies before co-founding Vista.
Replacing Sheth as one of the Datto directors is Adrian Dillon, a former top finance executive for Skype and Agilent Technologies, who joined the Datto board in August 2020. Dillon is a member of the Datto Audit Committee.