- Push-out Score determined
- After about four and a half years in the position
- Praise and thanks for Trollope
- Mike Burkland taking over
- Trollope said 90 words
(exechange) — San Ramon, California, October 10, 2022 — This news came on Columbus Day. Rowan Trollope, chief executive of Five9, leaves. As announced by Five9 Inc. in a news release on Monday, October 10, 2022, Rowan Trollope leaves his post as chief executive officer at the provider of cloud contact center solutions, after about four and a half years in the role, effective November 28, 2022.
Rowan Trollope’s duties as CEO will be taken over by Mike Burkland, a former Chief Executive Officer at Five9 Inc.
Rowan Trollope’s departure from the CEO post is explained as follows. Five9 said: “Chief Executive Officer Rowan Trollope has resigned as CEO and from the Board of Directors and accepted another role as CEO of a privately held pre-IPO company outside of the CCaaS space.”
Exact details regarding Trollope’s new position were not immediately available.
Share price decline since October 2020
The announcement follows a decline in Five9 Inc.’s share price of 42% since October 2020.
In the position of CEO since 2018
Rowan Trollope became CEO of the Company in 2018.
Rowan Trollope has served as the Company’s Chief Executive Officer since May 2018 and is a 29-year veteran of the enterprise software industry.
Prior to being appointed as the Company’s Chief Executive Officer and as a director of the Company, Trollope served as Senior Vice President and General Manager, Applications Group at Cisco Systems, Inc. (“Cisco”), an information technology company, since October 2015.
From November 2012 to October 2015, Trollope served as Senior Vice President and General Manager, Collaboration Technology Group of Cisco.
Since September 2020, Trollope has served on the board of directors of Smartsheet Inc., a technology company.
From May 2017 to its acquisition in August 2018, Trollope served as a director of VeriFone Systems, Inc.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Rowan Trollope’s move on a scale of 0 to 10.
exechange reached out to Five9 and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 42.2022 ($).