RingCentral, Inc., a global leader in AI-powered business communications, has announced the appointment of Abhey Lamba as Chief Financial Officer. Lamba, an experienced finance and technology leader, will oversee all financial operations at RingCentral, including financial planning, tax, treasury, corporate development, and investor relations. His new role begins in the coming weeks.

• Professional Background

  • Lamba brings over 30 years of experience in finance and technology.
  • He joins from Amazon Web Services, where he served as VP of Finance for Global Infrastructure and managed Gen AI investments.
  • Previously held finance leadership roles at Cisco Systems and Autodesk, focusing on multi-billion dollar business growth and profitability.
  • Served as a Wall Street sell-side analyst covering technology, hardware, and SaaS companies.
  • Began his career as a software engineer and earned an MBA from the Wharton School at the University of Pennsylvania.

• Leadership Endorsement

  • Vlad Shmunis, Founder, Chairman, and CEO of RingCentral, praised Lamba's unique skill set, including his experience in growth, profitability, and AI.
  • Shmunis emphasized Lamba’s background in public company analysis and technology, noting his alignment with RingCentral’s innovation-driven mission.

• Vision and Goals

  • Lamba expressed excitement about joining RingCentral, recognizing its leadership in cloud communications and AI advancements.
  • He noted the company’s potential for long-term profitable growth and free cash flow generation, highlighting recent product sales as a testament to RingCentral's growth potential.

Abhey Lamba’s appointment as CFO marks a significant step in RingCentral's journey as a leader in AI-driven business communications. His diverse expertise and strong financial acumen are expected to help RingCentral continue its trajectory of innovation and profitable growth.