Atlassian Appoints Erik Bardman CFO
Senior Finance Executive Brings 26 Years of Global Business Management to Enterprise Collaboration Software Company's Next Phase of Growth
San Francisco, Calif., February 11, 2015 – Atlassian today announced that Erik Bardman has joined the team collaboration software company as its chief financial officer (CFO).
Bardman has served as CFO of public and private companies during the past 26 years. He is currently a Director and chairman of the Audit Committee of Trulia (NYSE: TRLA), a leading online marketplace for homebuyers, sellers, renters, and real estate professionals. Previously Bardman was CFO for the maker of the popular TV streaming device, Roku, Inc.; global consumer electronics manufacturer, Logitech International, S.A. (NASDAQ: LOGI); and eBay Marketplaces (NASDAQ: EBAY). Bardman started his career at the General Electric Company (NYSE: GE) serving in a number of positions over 15 years, including vice president of strategic pricing at GE Global Consumer Finance.
“Our low-touch, high-volume business model that has driven over 10 years of double-digit revenue growth is not typical of an enterprise software company,” said Scott Farquhar, co-founder and co-CEO of Atlassian. “Erik’s experience working with high-growth businesses that operate at a similar scale across products, customers and markets will be a great asset. We have our sights set on where Atlassian will be 10 years from now, not just next quarter or next year. Erik will play an important role in helping us get there.”
Added Atlassian co-Founder and co-CEO Mike Cannon-Brookes, “Erik’s strong management skills and expertise in strategic development, and financial planning and analysis is a perfect fit for Atlassian as we expand into new markets. His private and public company experience will be a huge asset as we continue our growth trajectory as a private company but operate the business as public-market ready. That gives us the greatest flexibility to do what we've always done, which is to make decisions that are right for the long-term."
Cannon-Brookes and university classmate Farquhar started Atlassian in 2002 using $10,000 in credit card debt. Employing an unconventional, low-touch sales model and never taking outside funding, Atlassian’s team collaboration software is now used by more than 43,000 customers and millions of users around the world. The company has over 10 years of profitability and reported $215 million in revenue for its fiscal year ending June 30, 2014.
"Atlassian is an amazing company with huge untapped opportunities and a 21st-century approach to the enterprise software business, which makes it the success it is today and will be going forward," said Bardman. "At our size and scale, rate of growth and demonstrated ability to manage the business to profitability, Atlassian has a financial model that is virtually non-existent in private companies. It's exciting to join a company that is so well-positioned for this next phase of growth."
Bardman is one of several recent executive appointments. In the last twelve months former Cisco executive, Didier Moretti, was brought in as vice president and general manager of the company’s Service Desk business. The company also tapped Citrix veteran, Bernardo de Albergaria, as vice president and general manager of the company’s Collaboration business.
Atlassian unlocks the potential in every team. Our products help teams collaborate, build software and serve their customers better. More than 43,000 large and small organizations – including Citigroup, eBay, Coca-Cola, BMW and NASA – use Atlassian’s tracking, collaboration, communication, service management and development products to work smarter and deliver quality results on time. Learn about products including JIRA, Confluence, HipChat, Bitbucket and Stash at http://atlassian.com.