Industry Veteran brings unrivaled expertise for growth and scale, Founder Ben Wright to serve as Chairman of the Board
DENVER, April 12, 2023 —
Velocity Global, the leading provider of global talent solutions, today announced the appointment of prominent software executive Frank Calderoni as its new Chief Executive Officer. Founder and former CEO Ben Wright will remain in his role as Board Chairman.
Calderoni joins Velocity Global with extensive leadership experience in the technology industry, having led companies through numerous stages of scale and growth. Most recently, he was the Chairman and CEO of Anaplan, where he brought customer-focused agility, operational efficiency, and a culture-first approach to transform the business and drive meaningful impact for both customers and the industry at large. Over the course of his tenure, Calderoni took the company from a $1B valuation to IPO before the company’s transaction to Thoma Bravo for nearly $11B. Prior to Anaplan, he was the EVP and CFO of Red Hat and an EVP and CFO at Cisco. With Calderoni as the new CEO, Velocity Global will be well-positioned to have a market-leading impact on the industry as the demand to hire talent globally and compliantly accelerates.
“When I started Velocity Global, I knew the world needed a better way to employ people globally. Nine years later, not only is that need still there, it’s more complex than ever,” said Ben Wright, Founder and Board Chairman of Velocity Global. “Today’s organizations need one platform to compliantly and consistently source and manage their workforce, and I firmly believe that we are well-positioned to lead through this period of demand acceleration. The timing for a leader like Frank Calderoni - who I know will take us to the next level - couldn’t be better. I’m thrilled to transition the CEO responsibilities to Frank as I continue to support our broader vision as Chairman of the Board.”
As CEO, Calderoni will work to scale and operationalize Velocity Global’s mission to accelerate and shape the future of work. The company recently announced that it has crossed the $200M ARR threshold, exceeding more than 40% organic growth YoY, revealing its growth and promising trajectory in the tech world as the desire for remote work continues to grow.
“Velocity Global has built one of the most respectable EOR platforms in the industry, and they are at the forefront of shaping the future of work. I am honored to join the company at such a critical point as there is a tremendous opportunity ahead for us,” said Frank Calderoni, CEO of Velocity Global. “My career has been built on helping companies grow, scale, and transform through smart, compliant, innovative platforms that customers can rely on. I look forward to working with all the teams at Velocity Global to further establish ourselves as the leader in this industry.”
For more information, visit www.velocityglobal.com.
About Velocity Global
Velocity Global helps you compliantly hire, pay, and manage anyone, anywhere. We simplify the employer and talent experience by combining cloud-based technology and unmatched human support in over 185 countries. Start hiring across borders at VelocityGlobal.com.