As reported by CRN, Fred Voccola, the long-standing CEO of Kaseya, has unexpectedly stepped down from his role to become Vice Chairman, marking a significant leadership change for the IT service management provider after a decade of transformative growth.
On January 9, 2025, Kaseya announced a significant leadership transition as CEO Fred Voccola steps into the role of Vice Chairman. This move comes after a record-breaking year for the company, which has solidified its position as a leader in AI-powered cybersecurity and IT management software. With over $1.5 billion in annual recurring revenue, Kaseya is now poised for further growth and innovation.
Voccola's Legacy and Future Focus
Fred Voccola has been at the helm of Kaseya for a decade, transforming the company from a single-product provider to a comprehensive platform serving small business IT needs. Reflecting on his transition, Voccola stated, "With Kaseya coming off the strongest quarter and year in our history, now is the right time for me to step up into the role of Vice Chairman and hand over operating responsibilities to a new CEO" . He emphasized that it has been "the honor of my professional life to lead Kaseya" .
This transition allows Voccola to concentrate on long-term innovation and strategy while assisting the board in finding a successor. Mike Triplett, Managing Director at Insight Partners, praised Voccola's contributions: "Kaseya's growth and transformation has been extraordinary... Fred's transition to Vice Chairman will enable him to focus on the long-range innovation and go-to-market strategies that will ensure Kaseya's long-term success" .
Kevin Thompson, a current board member of Kaseya, is set to play a pivotal role in identifying the new CEO. He expressed optimism about Kaseya's future: "Kaseya's future is incredibly bright, and I'm excited to work with Fred and the board to identify a new leader who will guide the company through this transformative period" . This leadership change comes at a critical time as Kaseya navigates an evolving market landscape filled with both challenges and opportunities.
As Kaseya embarks on this new chapter, stakeholders are eager to see how this leadership change will influence its strategic direction. The search for a new CEO is underway, with expectations that this transition will foster continued innovation and success within the company.
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Sources:
- Kaseya Press Release: https://tinyurl.com/36p8z7de
- MSP Success Magazine: https://tinyurl.com/433a5982
- CRN News Article: https://tinyurl.com/y8f7j8sf
