Michael Sheridan CFO of Mimosa
In preparation for an eventual IPO?
This is a Press Release edited by StorageNewsletter.com on September 1, 2009 at 3:43 pmMimosa Systems, Inc. has named Michael Sheridan as the Company’s Chief Financial Officer.
"Mike Sheridan is a highly versed and experienced CFO with a strong track record in managing the unique challenges of rapidly growing organizations like ours,” said T.M. Ravi, CEO, Mimosa Systems. “We are delighted to welcome Mike to the Mimosa executive team and look forward to the insight and vision he brings as we transform Mimosa and take it through our next phase of growth."
Sheridan joins Mimosa with more than 22 years of experience as a senior financial executive overseeing the management of finance, operations, treasury, investor relations, human resources and legal departments. Most recently, Sheridan was CFO of Playlist, Inc., a global music and entertainment service. Prior to Playlist, Sheridan was CFO of Facebook, Inc., a leading social networking site. Prior to Facebook, Sheridan held CFO positions at IGN Entertainment, Inc. (acquired by News Corp in 2005) and Sonicwall, Inc., which had its initial public offering in 1999. Prior to SonicWall, Sheridan held senior finance positions at Genesys Telecommunications Labs, Inc., and Network Appliance, Inc. In all, Sheridan has an extensive record in transaction-based financial management including three initial public offerings, several private equity and debt financings and several acquisitions ranging in size from $2 million to $650 million.
“Mimosa Systems is an impressive company with a history of rapid growth and I am excited to join their outstanding management team,” said Sheridan. “Mimosa’s growth is accelerating as customers recognize the visionary position and importance of its archiving products in the market, and I look forward to helping the Mimosa team further its success as a stand-alone company.”
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Sheridan also served as director of the board of 3par from mid-2007.
He holds a BS in Commerce from Santa Clara University.