Cognite appoints new CEO as founder steps aside

Key People Moves

▤ Summary

Founded in 2016, Cognite makes software that helps read, connect and analyse large amounts of data, allowing customers companies to improve the operations and safety of industrial installations, such as oil and gas platforms. "Today we are excited to have Girish Rishi join the company, who brings with him proven software and technology experience," Cognites Chairman Oeyvind Eriksen said. The company does not plan to make acquisitions in the near term, aiming instead for rapid growth on its own in the United States and elsewhere, the new CEO told Reuters. "We want to grow at strong double digit percent growth rates on a quarter-by-quarter, year-by-year sequential and on a year-by-year basis," Rishi said in a telephone interview. read more Lervik, who has run Cognite since its inception, will in his new position focus on "high-impact business opportunities", while retaining his 7.2% stake in the company, an Aker spokesperson said.

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Fintech & Banking
applications
Accounting and Taxes

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$10M to $25M