Data storage company Infinidat welcomes new CEO and CFO

Data storage company Infinidat Ltd. announced on Wednesday the appointment of Phil Bullinger as the company’s new CEO. Bullinger will be joining the Infinidat executive team following a 30-year career in enterprise storage, most recently as the Senior Vice President and General Manager of the Data Center Business Unit for Western Digital. He will be managing the company from the U.S.

Last year Infinidat employees sued the company and its founder Moshe Yanay claiming their shares in the company were diluted in a June financing round. Yanay, who is a veteran of the Israeli data storage industry, left his manegerial duties at the company and currently serves as its Chief Technical Evangelist, leading the development of new products and communications with strategic clients and the technical media. Infinidat currently employs 400 people, 250 of them in Israel. Founded in 2011, it has raised upwards of $350 million to date and in the past reported that it was valued at $1.6 billion.

Alongside the announcement of the new CEO, Infinidat announced that Alon Rozenshein will be joining as CFO. Alon will join Infinidat in January 2021 and brings more than 20 years of experience to the position, mainly with technology growth businesses. Most recently, Alon was the CFO and COO of Clarizen, a leading provider of collaborative work management solutions.

The company’s announcement stated that it achieved four consecutive quarters of growth throughout 2020 with profitable earnings. That figure clashes with the claims of employees who were laid off over the course of 2020, who were told that the company was in bad shape, justifying the layoff of dozens of workers as well as putting 100 employees on unpaid leave last March.

“Infinidat’s innovative and proven solutions eliminate the risks and challenges enterprise customers face in balancing compromises between storage performance, availability, and cost at petabyte scale,” said Bullinger. “I look forward to joining the outstanding Infinidat team, building on the momentum of the business, and expanding our product and go-to-market capabilities. I am excited to work with Infinidat’s exceptional partners and customers worldwide to continue the company’s unmatched commitment to product quality, reliability, and customer experience in the most demanding enterprise data center environments.”

"Both Phil and Alon bring with them a significant track record of professional excellence," said Boaz Chalamish, Chairman of Infinidat's Board. "As we focus on executing the company's strategy, we can rest assured that the new leadership will continue to carry on our cohesive, globally-facing approach to the market."