Co-CEO Peter McKay of Veeam leaves company

Peter McKay, co-CEO and president of Veeam Software, leaves the company. Veeam is in the midst of a broad turmoil on the part of the executive team. That’s what CRN reports.

McKay spent about three years with the company and has worked as a co-CEO, president and member of the board of directors since July 2016. In a tweet, McKay says that his time with the company was “one of the best periods of my career”.

Under McKay, the company grew rapidly, with quarterly double-digit growth for more than three years. He also announced the integration of the High Availability platform with Cisco’s HyperFlex Hyper-Converged Infrastructure solution in August.

But now there is a restructuring going on within the company, with co-founder and co-CEO Andrei Baronov becoming the sole CEO. Co-founder Ratmir Timashev becomes the vice president of global sales and marketing. Before McKay was hired, Timashev was the only CEO.

Growth

Veeam’s partners said Tuesday that they benefited from the growth McKay created when he was co-CEO, and added that they are confident that the trend will continue due to the stability in the company’s leadership. According to Matt Chesterton, CEO of OffSiteDataSync, Offsite grew from nearly zero protected VMs to 37,000 copies under McKay’s leadership. The company did so with an annual growth rate of 178 percent, and Chesterton expects that to continue.

“We know that we have grown faster than any other provider, and I attribute much of that to Peter and his leadership,” says Chesterton. “He goes on. He says he’s going to do better, and that’s what they do with marketing recourses and technical expertise.”

As long as Baronov and Timashev remain on board, Chesterton expects growth to continue. “I have faith in Andrei and Ratmir to stay in place. The leadership is still strong. Peter spurred cloud and multi-cloud adoption and took the company from number eight on the list of available providers to number three. He’s done a great job.”