leadership
confidence high
sentiment neutral
materiality 0.55
Rapid7 promotes three sales GMs, CCO departs; prelim Q2 ARR $814-816M (+8-9% YoY)
Rapid7, Inc.
- David Boffa (Americas), David Howorth (EMEA), Rob Dooley (APAC) promoted to General Manager, reporting to CEO.
- Chief Customer Officer Larry D'Angelo steps down effective July 12, 2024; role not replaced as part of new regional model.
- Preliminary Q2 2024 ARR forecast $814-816M, up 8-9% YoY, in-line with expectations; full earnings on Aug 6, 2024.
- Sales reorganization aims to enhance customer engagement, improve efficiency, and support platform consolidation in security operations.