SEATTLE, WA - February 15, 2016 – ExtraHop, the global leader in real-time wire data analytics for IT intelligence and business operations, today announced that the Puget Sound Business Journal has named Palvi Mehta its 2016 medium-sized private company CFO of the Year. These annual awards recognize financial leaders in Washington who demonstrate excellence and extraordinary success in financial stewardship, operational excellence, corporate leadership, and personal commitment to their businesses and communities. Ms. Mehta was selected based on the 2015 performance of ExtraHop, her contributions fostering economic growth within the organization, and her leadership role in the larger business community. She is recognized alongside CFOs from leading organizations including Microsoft, Chef, and the Port of Seattle, among others.
"Palvi's leadership extends far beyond managing the day-to-day financial health of ExtraHop," said Jesse Rothstein, CEO and co-founder of ExtraHop. "Her rare business savvy, confident leadership, and team-oriented approach have made her a critical member of our leadership team and her stewardship is a central component of the growth and success of ExtraHop. Palvi is a world-class CFO, and this honor is richly deserved."
"CFOs are a critical part of a company's leadership team, and play a central role in the success of the business," said Matt McIlwain, Managing Director at Madrona Venture Group. "Palvi is an outstanding example of the broad-reaching impact a top tier CFO can have on business outcomes. Her shrewd financial management and keen business sensibilities are an asset to ExtraHop, driving their continued growth and success."
Ms. Mehta joined ExtraHop as CFO in 2011, a role to which she brought more than two decades of financial management experience with companies including Ernst & Young, RadioFrame Networks, and NewPath Networks. As CFO, she leads the company's financial operations and strategy, oversees human resources, legal, facilities and manufacturing operations, and serves as a strategic consultant to the sales, information technology, and marketing teams.
In addition to her role with ExtraHop, Ms. Mehta is on the board of Code.org, for which she serves as treasurer. Her deep experience in the technology industry also makes her a key strategic advisor to the organization as it works to advance its mission to make computer sciences education available to the masses.
"This recognition is a tremendous honor, and I'm grateful to the Puget Sound Business Journal, to the judges, and to the financial professionals who have helped shape and grow my career," said Ms. Mehta. "Most of all, I'm indebted to our team at ExtraHop. Their hard work, integrity, and constant support have played an integral role in my success, and in the success of the company we're working together to build."
Ms. Mehta holds a B.S. in Business, Finance, and Accounting from The University of California, Berkeley. In addition to numerous financial leadership positions, she has also served as a strategic financial consultant to businesses throughout the Puget Sound.
This is the tenth year that the Puget Sound Business Journal has honored the financial super-strategists of Washington companies and organizations. Ms. Mehta will be recognized along with the six other category winners at the 2016 CFO of the Year Awards dinner at the Bellevue Westin Hotel on March 11, 2016. Visit the Puget Sound Business Journal for more information and to see a complete list of honorees.
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