ThoughtSpot Appoints Ketan Karkhanis as New CEO
ThoughtSpot ,the
AI-Powered Analytics Company, announced that the Company has appointed Ketan
Karkhanis as Chief Executive Officer.
Ketan is joining ThoughtSpot from Salesforce,
where he has spent over a decade of his career. He most recently served as the
Executive Vice President and General Manager of the Salesforce Sales Cloud
business, leading one of the company’s largest cloud businesses that generated
more than $7 billion last fiscal year. He returned to Salesforce in March 2022
after his time as the COO of Turvo, a supply-chain collaboration platform that
was acquired by Lineage Logistics in 2022. Before that, Ketan was the Senior
Vice President and General Manager of Salesforce Einstein Analytics, incubating
the business from launch to over $300 million and a 30,000-strong user
community.
“During this time of accelerated transformation
driven by the advent of generative AI, there is no better person to lead
ThoughtSpot than Ketan,” said Ajeet Singh, Co-Founder and Executive Chairman of
ThoughtSpot. “He is a customer-obsessed, employee-focused business leader with
a deep experience in analytics and has built and led world-class SaaS
businesses of significant scale. The ThoughtSpot Board believes that Ketan is
the right leader to help ThoughtSpot capitalize on its foundational innovation
and capture the massive market opportunity that lies ahead in AI-powered
analytics.”
Singh added, “Over the last six months,
ThoughtSpot has made significant progress in accelerating its product roadmap,
delivering genAI-driven value to customers that are migrating away from legacy
visualization platforms, and centering its focus on durable growth at scale,
all setting the table for our next CEO.”
“Ketan has the passion and experience to lead
ThoughtSpot in its next chapter,” said Ravi Mhatre, Founder and Managing
Director of Lightspeed Venture Partners and the founding investor on
ThoughtSpot's Board of Directors. "This appointment comes at a perfect
time for the market as analytics is redefined by genAI, and ensures that
ThoughtSpot is best positioned to scale rapidly."
“ThoughtSpot has built a fundamentally different
approach to analytics since its inception, squarely focused on democratizing
data and empowering everyone to make data-driven decisions with its AI and
search-driven analytics platform,” said Ketan Karkhanis, CEO of ThoughtSpot.
“ThoughtSpot has a significant head start in innovation that is required for
truly delivering on the expectations that genAI has created, with a proven
solution that is delivering value to some of the largest and most complex
enterprises in the world. I am extremely honored to have the opportunity to lead
the company that finds itself intersecting with the genAI tailwinds at a
perfect time, and is in a strong position to capitalize on this market
opportunity by bringing unparalleled value to over a thousand customers across
the globe.”
Ketan has a Bachelor’s in Computer Science from
PICT (Pune Institute of Computer Technology, India) and an MBA from Santa Clara
University Leavey School of Business.
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