{"id":797617,"date":"2025-01-02T17:03:09","date_gmt":"2025-01-02T22:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/docebo-inc-announces-cfo-transition\/"},"modified":"2025-01-02T17:03:09","modified_gmt":"2025-01-02T22:03:09","slug":"docebo-inc-announces-cfo-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/docebo-inc-announces-cfo-transition\/","title":{"rendered":"Docebo Inc. Announces CFO Transition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Docebo Inc. Announces CFO Transition<\/b><\/p>\n<p class=\"bwalignc\">\nNo Change to Outlook<\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDocebo Inc. (NASDAQ: DCBO; TSX: DCBO) (\u201cDocebo\u201d or the \u201cCompany\u201d) today announced that Sukaran Mehta will be stepping down from his role as Chief Financial Officer to accept an undisclosed leadership role in a private equity portfolio company outside of the learning and education technology industries. Mr. Mehta will continue to serve in his current role through February 28, 2025 to ensure an orderly transition as the board conducts a search to identify a successor that will include both internal and external candidates. Upon Mr. Mehta\u2019s departure, Brandon Farber, Senior Vice President \u2013 Finance will serve as Interim Chief Financial Officer.<\/p>\n<p>\nAlessio Artuffo, President &amp; CEO stated, \u201cOn behalf of Docebo\u2019s executive leadership team and board, I would like to thank Sukaran for his over five years of service and many contributions to Docebo, particularly in the areas of driving growth and improving our profitability and free cash flow profiles. He has been a trusted partner and we wish him great success in his new role.\u201d He added, \u201cWe are excited about the momentum Docebo is generating as we further establish Docebo as a \u2018global leader in AI-powered learning solutions\u2019 used by enterprises for their end-to-end learning needs. Our capital structure is strong, we have an excellent foundation upon which to grow and we are very excited about the opportunity ahead.\u201d<\/p>\n<p>\nMr. Mehta commented, \u201cI want to thank Alessio and the board for the opportunity to play a role in Docebo becoming a global learning industry leader. I am incredibly proud of all that has been accomplished and am confident that the team is positioned for even greater success in the days ahead.\u201d<\/p>\n<p>\nMr. Mehta\u2019s departure is not due to any disagreement with the Company or the board regarding its operating performance, financial results, accounting principles, practices or financial statement disclosures. Additionally, there are no changes to Docebo\u2019s outlook as previously issued in its Q3 earnings report on November 8, 2024. Docebo expects to report its Q4 results before the market opens on February 28, 2025.<\/p>\n<p><b>Forward-Looking Information<\/b><\/p>\n<p>\nThis news release may contain \u201cforward-looking information\u201d and \u201cforward-looking statements\u201d (collectively, \u201cforward-looking information\u201d) within the meaning of applicable securities laws, including, without limitation, statements regarding the CFO transition, the Company\u2019s positioning for future growth and success and the Company\u2019s expectations regarding its Q4 results.<\/p>\n<p>\nThis forward-looking information is based on our opinions, estimates and assumptions that, while considered by the Company to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, those factors discussed in greater detail under the \u201cRisk Factors\u201d section in our Annual Information Form, available free of charge under the Company\u2019s profile on SEDAR+ at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedarplus.ca&amp;esheet=54172199&amp;newsitemid=20250102865921&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=1&amp;md5=247807a1576392248536f7ed431c9bf7\">www.sedarplus.ca<\/a> and on EDGAR at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54172199&amp;newsitemid=20250102865921&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=61de648c36a19add92fef5db9de9dbb3\">www.sec.gov<\/a>, and should be considered carefully by prospective investors.<\/p>\n<p>\nIf any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents our expectations as of the date specified herein and are subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward- looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.<\/p>\n<p>\nAll of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.<\/p>\n<p><b>About Docebo<\/b><\/p>\n<p>\nDocebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and measure the business impact of their learning programs. With Docebo\u2019s end-to-end learning platform, organizations worldwide are equipped to deliver scaled, personalized learning across all their audiences and use cases, driving growth and powering their business.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250102865921r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250102865921\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250102865921\/en\/<\/a><\/span><\/p>\n<p><b>For further information, please contact:<br \/>\n<\/b><br \/>Mike McCarthy<br \/>\n<br \/>Vice President \u2013 Investor Relations<br \/>\n<br \/>(214) 830-0641<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mike.mccarthy@docebo.com\">mike.mccarthy@docebo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Education Technology Software Other Education Artificial Intelligence Training<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250102865921\/en\/1093909\/3\/docebo-logo-2021-0068D9.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Docebo Inc. Announces CFO Transition No Change to Outlook TORONTO&#8211;(BUSINESS WIRE)&#8211; Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (\u201cDocebo\u201d or the \u201cCompany\u201d) today announced that Sukaran Mehta will be stepping down from his role as Chief Financial Officer to accept an undisclosed leadership role in a private equity portfolio company outside of the learning and education technology industries. Mr. Mehta will continue to serve in his current role through February 28, 2025 to ensure an orderly transition as the board conducts a search to identify a successor that will include both internal and external candidates. Upon Mr. Mehta\u2019s departure, Brandon Farber, Senior Vice President \u2013 Finance will serve as Interim Chief Financial Officer. Alessio Artuffo, President &amp; CEO stated, \u201cOn behalf &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/docebo-inc-announces-cfo-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Docebo Inc. Announces CFO Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797617","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Docebo Inc. 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Mr. Mehta will continue to serve in his current role through February 28, 2025 to ensure an orderly transition as the board conducts a search to identify a successor that will include both internal and external candidates. Upon Mr. Mehta\u2019s departure, Brandon Farber, Senior Vice President \u2013 Finance will serve as Interim Chief Financial Officer. Alessio Artuffo, President &amp; CEO stated, \u201cOn behalf &hellip; Continue reading &quot;Docebo Inc. 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