RingCentral’s founder and Executive Chairman Vlad Shmunis has stepped back into the CEO role following the resignation of Tarek Robbiati. He will remain Chairman of the Board.
“We are at a tremendous inflection point in our industry and it is critical that our product and innovation strategy drives all that we do and is closely aligned with how we go to market,” stated Shmunis. "We have a clear roadmap with a large and untapped market opportunity ahead of us."
Rob Theis, Lead Independent Director, RingCentral, added: "As RingCentral’s founder and long-term CEO, Vlad has overseen the company’s growth from inception to a leading SaaS provider with over $2.2 billion in revenue. We are confident that he will be effective in his return as CEO."