Iris Coleman
Aug 01, 2024 16:23
CoreWeave pronounces Jeff Baker as Chief Accounting Officer, bringing over 20 years of expertise to the AI hyperscaler.
CoreWeave, the AI Hyperscaler™, has appointed Jeff Baker as its new Chief Accounting Officer, in accordance with PRNewswire. Baker brings over 20 years of expertise in finance and accounting management roles, most just lately serving because the Chief Accounting Officer at Rivian.
Jeff Baker’s Profession Highlights
Baker is a seasoned govt with in depth expertise in monetary administration. Throughout his tenure at Rivian, which started in Might 2021, he performed an important position within the firm’s preliminary public providing and was instrumental in creating accounting processes to assist Rivian’s fast progress. Previous to Rivian, Baker held senior roles on the Clorox Firm from 2014 to 2021, overseeing accounting, tax, monetary integration, shared providers, and Sarbanes-Oxley compliance. He has additionally held numerous finance and accounting roles at different multinational publicly traded firms and commenced his profession at Deloitte.
Duties at CoreWeave
In his new position at CoreWeave, Baker will oversee all points of the corporate’s accounting features, together with monetary reporting, compliance, tax technique, and inside controls. He’ll report on to Chief Monetary Officer Nitin Agrawal and work carefully with the chief staff to drive monetary effectivity and guarantee sturdy monetary stewardship.
“Jeff is a veteran with in depth expertise and a confirmed monitor file in driving enterprise progress and establishing world-class accounting operations,” mentioned Agrawal. “His deep experience in monetary administration and confirmed management will probably be invaluable as we proceed to scale our operations and ship cutting-edge AI infrastructure options to our world buyer base. He will probably be key as we proceed to quickly develop our world enterprise.”
CoreWeave’s Latest Progress and Future Plans
Up to now 12 months, CoreWeave has raised a formidable $12 billion from main fairness and debt buyers. In June, the corporate introduced the opening of its new London headquarters and plans for European enlargement, which embody creating over 120 new jobs throughout engineering, operations, finance, and go-to-market roles. The corporate has dedicated to investing $3.5 billion throughout Europe. In 2023, CoreWeave greater than quadrupled its information middle presence and anticipates doubling that determine globally by the top of 2024.
“I jumped on the likelihood to affix this outstanding staff at such a pivotal time within the firm’s journey,” mentioned Baker. “Becoming a member of CoreWeave means being on the epicenter of the AI house. There may be great market alternative forward and I could not be extra excited to assist chart its path towards long-term and sustainable progress.”
About CoreWeave
CoreWeave, the AI Hyperscaler, delivers a cloud platform with cutting-edge software program powering the following wave of AI. The corporate’s know-how supplies enterprises and main AI labs with high-performance and environment friendly cloud options for accelerating the following period of computing. Since its founding in 2017, CoreWeave has operated a rising community of knowledge facilities throughout the US and Europe. The corporate was just lately ranked as one of many TIME100 most influential firms of 2024. Extra info may be discovered at www.coreweave.com.
Picture supply: Shutterstock
