Sitecore®, a leading global provider of digital experience software, has announced the appointment of Michael Bannon as its new Chief Financial Officer. Bannon joins Sitecore at a pivotal time as the company focuses on advancing AI innovations within its digital experience platform (DXP) and enhancing its commitment to customers and partners.

1. Appointment Details:

   • Michael Bannon is the new CFO at Sitecore.
   • Brings extensive experience in global business operations, finance, legal, and data functions.

2. Sitecore's AI and DXP Focus:

   • Sitecore’s DXP integrates marketer-first AI across the content lifecycle.
   • Innovations will be showcased at Sitecore Symposium, held in Nashville from October 15-18.
   • The event will highlight how Sitecore's solutions enhance content creation and personalized digital experiences.

3. CEO's Statement:

   • Dave O'Flanagan, CEO of Sitecore, praised Bannon’s operational excellence.
   • Emphasized Bannon’s experience in fast-growth B2B software companies.
   • Bannon’s global perspective is expected to drive Sitecore’s next growth phase in the digital experience market.

4. Previous Experience:

   • Typeform: President and CFO of the SaaS provider for forms and surveys.
   • MessageBird (Bird): President and CFO of the AI-driven CRM company.
   • Improbable: First CFO, contributing to rapid global scaling.
   • Investment Career: Investor at TPG and began career in investment banking at Morgan Stanley.

5. Educational Background:

   • MBA from Stanford University Graduate School of Business.
   • BS from Duke University.
   • Based in London.

6. Michael Bannon’s Vision:

   • Anticipates leveraging his experience to enhance Sitecore’s operations.
   • Focus on streamlining processes to benefit customers and partners.
   • Aims to facilitate easier business interactions with Sitecore.

Michael Bannon’s appointment as CFO represents a strategic move for Sitecore as it continues to innovate and expand in the AI-driven digital experience market. Bannon’s extensive background and leadership are expected to play a crucial role in Sitecore's growth and success.