Portland, Ore.-based compliance fintech Smarsh has announced the addition of two new executives to support its accelerating growth.
Goutam Nadella has been named chief product officer, according to a company announcement. He will lead efforts to explore and leverage new technologies like artificial intelligence and machine learning. He previously served as executive vice president of client solutions at Symphony, a cloud-based communication and content-sharing platform for the financial services industry. Before Symphony, he held roles at REDI and Goldman Sachs.
Laurie Ehrbar has been named chief marketing officer. She will become responsible for marketing to support new products and solutions and for market expansion. Ehrbar was previously chief marketing officer at Bizagi, a process automation firm, which she came to after stints at ServiceNow, Citigroup and TD Waterhouse.
Greg Vesper, Smarsh’s previous chief product officer, will become chief technology officer.
“We are thrilled to bring two more remarkable executive leaders on to the Smarsh team,” said Smarsh CEO Brian Cramer in released comments. “They will have immediate impact on the solutions we offer and the markets we reach as we continue to innovate and enable our increasing number of customers to work from anywhere, future-proof their compliance and supervision, protect their companies’ reputations, and reduce their risk.”
Smarsh says that since 2017 it has increased its annual revenues by 138% and grown its overall employee head count by 22%. It made two significant acquisitions in 2020, acquiring cybersecurity provider Entreda in May, and adding Digital Reasoning, an AI and machine learning concern in November.
Smarsh offers a platform to help financial firms compliantly manage messages across e-mail, social media, text, instant messaging, web, voice and collaboration channels. The company said it now has 6,500 customers.