"He's made in Shantanu's image," said Brad Rencher, former head of Adobe's marketing software group. Ashley Levine
Everyone has a story to tell, and Creative Cloud is providing everyone, from the student to the most demanding professional, with the tools, platform and community to create and amplify their stories. Internally, his targets included reaching creative professionals who are becoming more willing to collaborate, growing Document Cloud after the pandemic boosted e-signature rival DocuSign and popularizing Adobe Express to address the low end of the market, a former executive said. AppDynamics is a registered trademark of AppDynamics, Inc. 2008-2018 AppDynamics, Inc. All rights reserved. At Adobe, Wadhwani has been at the center of one of the most important shifts in the company's 39-year history: the move from perpetual licenses to subscriptions. aslevine@adobe.com, Investor relations contact By delivering continuous product innovation, executing a rigorous data-driven digital business and expanding into new categories, geographies and customer segments, Creative Cloud and Document Cloud target an addressable market that Adobe estimates to be approximately $62 billion by 2023. Wadhwani previously. David is on the digital advisory board for the Metropolitan Museum of Art and on the Board of Trustees for StoryCorps and the Fine Arts Museums of San Francisco. Jonathan Vaas
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In June of that year, Wadhwani presented for the first time on an Adobe quarterly earnings call with analysts. Prior to joining Greylock, he was president and CEO of AppDynamics, leading the company as it transformed to a SaaS-first business and grew annual recurring revenue approximately 10 times in four years.
By Shira Ovide. In addition, he makes $2,417,520 as Pres of Digital Media Bus. 2021 Adobe. He will report directly to Adobe president and CEO Shantanu Narayen. Parasnis will remain in his role until the end of February to ensure a smooth transition. Harrick said that Wadhwani would frequently follow up with him after board meetings that ended without resolution on important matters. Wadhwani said the company has taken a page from its Document Cloud business and applied it to Creative Cloud, encouraging customers to pay for additional services. "They were earnestly saying, 'This is a public company, that's our marching orders.'". David Wadhwani has spent more than a decade of his career at Adobe and just spearheaded the purchase of Figma, the company's largest deal ever. AppDynamics Inc., a software startup valued at more than . The most recent stock trade was executed by Daniel Durn on 15 February 2023, trading 3,836 units of ADBE stock currently worth $1,240,486. David Wadhwani Chief Business Officer and Executive Vice President, Digital Media, Adobe. June 02, 2021 04:05 PM Eastern Daylight Time. Observe what matters by understanding the connection between your apps health, your users satisfaction and your business results. View David Wadhwani results including current phone number, address, relatives, background check report, and property record with Whitepages. Mr Wadhwani is 49, he's been the Pres of Digital Media Bus. Last month, Adobe agreed to pay $20 billion for Figma, the largest takeover of a private software company and a sum more than four times greater than what Adobe had ever spent in an acquisition. Before rejoining Adobe, Wadhwani was CEO of AppDynamics. Gemma and McCauley Stratford (left), Governor-General Dame Cindy Kiro, and Kiwi . Most recently he exercised 2,424 units of ADBE stock worth $907,691 on 24 January 2023. He oversaw the full range of the creative and document products, including iconic tools such as Photoshop, Illustrator, Premiere and Acrobat. Rare disorders booklet will help ease stress for parents. Before rejoining Adobe, Wadhwani was CEO of AppDynamics. Musks TeslaMaster Plan Lacks Drive. He continues to focus his investment interest on technologies that enable modern digital practices. Adobe is changing the world through digital experiences. He invited Field to join him onstage and talk about Figma's current projects. At Adobe's annual Max conference in Los Angeles this month, Wadhwani took the stage for the first time since 2014, and highlighted to analysts the opportunities to expand the digital media business. Wadhwani stayed at Cisco after the acquisition. 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He also guided the company to become more dependent on revenue from subscriptions, rather than from more traditional licenses, an evolution he had advanced at Adobe. He joined Adobe in 2005 through the companys acquisition of Macromedia, Inc., where he had been vice president of developer products. Prior to AppDynamics, Wadhwani served as senior vice president and general manager of the digital media business unit at Adobe. With AppDynamics, enterprises have real-time insights into application performance, user performance and business performance so they can move faster in an increasingly sophisticated, software-driven world. Last updated: 26 January 2023 at 5:09pm EST. Less than two years later, he rejoined Adobe to again run the digital media business, but this time with bigger aspirations. Chakravarthy joined Adobe in 2020 after serving four years as CEO of Informatica. All Rights Reserved. Former Adobe (ADBE) digital chief David . . It wasn't a universally popular idea to bet the company on a new revenue model that was just starting to gain mass adoption in software. "Good news is David can also talk hours about the same issue," Narayen said, referring to his file formats comment. David joined Adobe in 2005 through its acquisition of Macromedia, Inc., where he was Vice President responsible for developer products. Field said at a conference recently that Adobe first reached out to Figma in 2012, days after he announced the startup. He's participated in all three of Adobe's quarterly earnings calls with analysts this year, providing details on Creative Cloud and, more recently, the Figma deal. Parasnis joined Adobe in 2015 and championed a culture of continuous innovation. As Adobe Presidents, Chakravarthy and Wadhwani will be responsible for the strategy and execution of their respective businesses. Prior to the deal getting announced, Adobe CEO Shantanu Narayen said at a meeting that he's "always trying to not waste a good crisis," according to the recollection of John Mellor, who was executive vice president at Omniture and stayed on at Adobe for almost 10 more years. David Wadhwani, president of Adobe's Digital Media unit, speaks at Adobe's Max conference in Los Angeles in October 2022. A move that big doesn't happen without the CEO's support, Rencher said. Wadhwani and Narayen seemed to have coordinated their outfits. Any buying decisions should be made based on features that are currently generally available. Creative Cloud and Document Cloud are helping millions around the world express themselves and digitize their workflows in innovative ways. Were thrilled to welcome David back to Adobe to lead our Digital Media business. Wadhwani returns to Adobe from Greylock Partners where he is a Venture Partner. About AppDynamics
With over three-quarters of 2022 in the books, Adobe's stock is down 43% this year and on pace for its worst year since 2008, the depths of the financial crisis. Prior to Macromedia, David cofounded iHarvest, Inc., a web content management company, and served as Vice President of Engineering and as a director prior to it's sale to Interwoven. Updated: 6:51 PM PDT March 22, 2017. Adobe today announced the appointment of David Wadhwani as executive vice president and chief business officer, Digital Media. Former Senator Bill Bradley . The new gig was made public a couple weeks later, when data analytics startup AppDynamics said Wadhwani would be taking over for Jyoti Bansal, a star founder in the software industry and the Bay Area. 2023 CNBC LLC. Still, he can become passionate and animated. Adobe (News - Alert) (Nasdaq:ADBE) today announced the appointment of David Wadhwani as executive vice president and chief business officer, Digital Media.In this role, Wadhwani will be responsible for the success of Adobe's global Digital Media business across Adobe Creative Cloud and Adobe Document Cloud, including all product marketing, strategic partnerships, customer support and go-to . The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. Assuming the deal closes, Adobe is paying about 50 times annual recurring revenue, and a price equal to double Figma's private valuation last year, even with cloud stocks broadly down by more than half in the past 12 months. As CEO, Wadhwani pushed for engineers to build software in-house to broaden its offerings to existing customers, Harrick said. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. SAN FRANCISCO - SEPTEMBER 29, 2015 - AppDynamics, a leading application intelligence company, today announced that it has appointed David Wadhwani as chief executive officer. Wadhwani previously served as senior vice president and general manager of Adobes Digital Media business from 2010 to 2015. Mr Wadhwani owns over 2,424 units of Adobe Inc stock worth over $3,191,523 and over the last 13 years he sold ADBE stock worth over $8,062,731. WATCH: Adobe CEO Shantanu Narayen: We're looking to build this company for the long run. All other trademarks are the property of their respective owners. Overnight on Wall Street is daytime in Asia. Welcome back to the Adobe family, @dwadhwani. 10Fold. Neither deal happened. Two parents with full-time jobs have found an unusual way to get a home-cooked dinner on the table. Internally, there was chatter that he'd come to see that he wouldn't be the next CEO of Adobe, according to a former executive. He is one of the well-known names in the software industry. With the addition of Wadhwani to the AppDynamics team, Bansal will continue to lead the companys vision, strategy and innovation as Founder, Executive Chairman and Chief Strategist. Wadhwani has also held executive roles at Macromedia and product roles at Oracle. But Wadhwani was ready to get down to business. There's a similarly opportunistic sentiment in the air today. Ashley Levine India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. At the time of the announcement, the purchase price amounted to about 12% of Adobe's market cap, compared to almost 10% for Omniture 13 years ago. Some sources close to the company said Wadhwani and Chakravarthy are both strong contenders but cautioned that Narayen isn't leaving anytime soon. When Adobe revealed the grand plan for a new business model to analysts in 2011, Wadhwani was tasked with announcing the prices. Wadhwani was quickly poised to be CEO of a public company, after AppDynamics filed for its IPO in 2016. Wadhwani returns to Adobe from Greylock Partners where he is a Venture Partner. The revenue became more predictable and less closely associated with product releases. Wadhwani holds a bachelors degree in computer science from Brown University and serves on the Brown computer science department advisory board. Public relations contacts
aslevine@adobe.com, Investor relations contact
.. Read More, Get notified of the Biography of World Famous Personalities. One day before its IPO, Cisco buys AppDynamics. Live market coverage co-anchored from Hong Kong and New York. There are 24 older and 5 younger executives at Adobe Inc. Well that didn't take long. Adobe significantly outperformed its target for paid Creative Cloud subscriptions. Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth. . Adobe appoints David Wadhwani as Executive VP and Chief Business Officer, Digital Media Wadhwani returns to Adobe from Greylock Partners where he is a Venture Partner. Wadhwani joined Adobe in 2005 from Macromedia, where he was vice president responsible for developer products. Over the last 20 years, insiders at Adobe Inc have traded over $3,125,802,530 worth of Adobe Inc stock and bought 18,510 units worth $2,493,801 His relationship with the firm began in 2015, when he became CEO of AppDynamics. David Wadhwani is an entrepreneur and also an investor. or. Cisco acquired AppDynamics in 2017 for nearly $4 billion. The oldest executive at Adobe Inc is Dr. John E. Warnock, 80, who is the Independent Director. ir@adobe.com, Internet Explorer presents a security risk. She would ask about his hair, which has turned largely white, and question why he hasn't dyed it. In all, the stock price soared 233% over those four and a half years, compared with a 67% rise for the S&P 500. Prior to the Creative Cloud launch, executives discussed the vision at an executive meeting at a lodge in Sausalito, California, across the Golden Gate Bridge from San Francisco. Adobe Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The estimated Net Worth of David Wadhwani is at least $13.7 Million dollars as of 24 January 2023. Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022. Markets never sleep, and neither does Bloomberg. For more information, visit www.adobe.com. Before rejoining Adobe, Wadhwani was CEO of AppDynamics. Under his leadership, the company built a rapidly . Narayen told CNBC's Jon Fortt last month that he and Field had held "multiple conversations" over the years. A Division of NBCUniversal. Bansal, who'd guided AppDynamics into the billion-dollar startup club, was resistant to the idea of bringing in an outside CEO, said Steve Harrick, a partner at Institutional Venture Partners, an early backer of the company. From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. September 29, 2015, 12:39 PM PDT. From 2010 to 2015, Wadhwani served as SVP and general manager of Adobe's Digital Media business and played a key role in the company's successful transformation to a cloud-based subscription business. As senior vice president and general manager of Adobes Digital Media business from 2010 to 2015, Wadhwani played an instrumental role in advancing the companys category leadership, expanding into new markets and contributing to its successful transformation to a cloud-based subscription business. David led Greylocks investment in Gem, a modern recruiting platform, and Validere, a developer using real-time data and AI to optimize energy operations and trading, in addition to a few other unannounced companies. Here are further demographic highlights of the leadership team: The AppDynamics executive team is 18% female and 73% male. The largest trade he's ever made was exercising 102,646 units of Adobe Inc stock on 8 July 2013 worth over $3,529,996. Get notified of the Biography of World Famous Personalities. Sign up for free newsletters and get more CNBC delivered to your inbox. As the primary architect of Adobes overall transition to a subscription business, David was a trailblazer for what is now a central force in software markets. at Adobe Inc. Mr has made over 32 trades of the Adobe Inc stock since 2011, according to the Form 4 filled with the SEC. Cut the chaos with AppDynamics Full Stack Observability. When used together they form the foundation of a technological Central Nervous System that can drive meaningful automation across every industry.. Wadhwani told colleagues when he left that he wanted to be a CEO, said a former Adobe employee. All rights reserved. Track your investments 24 hours a day, around the clock from around the world. Cisco Live in Las Vegas 2017 Speaker Las Vegas, Nevada, United States, North America Jun 25, 2017. Wadhwani joined Adobe in 2005 from Macromedia, where he was vice president responsible for developer products. He is a transformational leader with an exceptional record of operational excellence, innovation and growth, said Shantanu Narayen, president and CEO, Adobe. David joined the Greylock team in 2019. Wadhwani is a member of the San Francisco Fine Arts Museums Board of Trusteesand sits on the Brown University Computer Science Board of Advisors. Adobes Digital Media business delivered record Q4 revenue of $3 billion. With Cisco trying to expand beyond networking and telecommunications gear and into software, Wadhwani advocated for the company to do more deals, suggesting it look at Datadog and HashiCorp, according to a former Cisco executive. "We believe that over the course of the next few years as a result of this, we'll attract over 800,000 new users new incremental users to our Creative Suite and do it in a way that's good for the customer and good for Adobe," Wadhwani said. I have immense confidence in both leaders and look forward to continuing to work with them and the rest of our executive team as we execute on our strategy to unleash creativity for all, accelerate document productivity and power digital businesses across the globe.. Photo: Keith Bedford/Reuters. Under his leadership, the company built a rapidly growing, multi-billion dollar subscription business targeting individuals and enterprises. While there, David oriented AppDynamics to become a multi-product business and drove nearly 10x ARR growth while operating at a positive cash flow. His areas of investing focus at Greylock include . at Adobe Inc. The estimated Net Worth of David Wadhwani is at least $13.7 Million dollars as of 24 January 2023. (Podcast). During a question-and-answer session later in the day, Wadhwani sat directly to the right of Narayen, who was flanked on the other side by Chakravarthy. Prior to AppDynamics, Wadhwani served as senior vice president and general manager of the digital media business unit at Adobe. I am honored to partner with Jyoti and the rest of the team and excited to build on the incredible foundation theyve created.. For reprint rights: 9 stocks with dividends better than bank FD, PPF and NSC interest rates, Market Trading Guide: IEX, Tata Steel among 5 stock recommendations for Monday, Turnaround stocks: Adani Enterprises among 10 companies that returned to profit in Q3, ICICI Bank, Infosys among 8 stocks with more than 35 buy calls, Adani Enterprises stock up 31% in 2 days. I am thrilled that Anil Chakravarthy and David Wadhwani are being promoted to president of our Digital Experience and Digital Media businesses respectively, said Shantanu Narayen, chairman and CEO, Adobe. Business transaction monitoring and insights. David Wadhwani has participated in 1 event, Cisco Live in Las Vegas 2017 on Jun 25, 2017. Ensure quality software delivery with application performance monitoring (APM). Investors responded by pushing the stock price above the $50 mark in late 2013 for the first time. Your submission has been received! Prior to joining Greylock, he was president and CEO of AppDynamics, leading the company as it transformed to a SaaS-first business and grew annual recurring revenue approximately 10 times in four years. In this role, Wadhwani will be responsible for the success of Adobes global Digital Media business across Adobe Creative Cloud and Adobe Document Cloud, including all product marketing, strategic partnerships, customer support and go-to-market across geographies, working closely with the Digital Media Product organizations. At Adobe, David oversaw the companys digital transformation from boxed software to cloud services and at AppDynamics, he helped many of the worlds biggest brands transform themselves to digital first organizations. David Wadhwani at a New York technology event in June 2012. We're excited to announce that David Wadhwani is returning to Adobe as Executive Vice President & Chief Business Officer, Digital Media. In September 2009, with the stock market still in the doldrums from the Great Recession, Adobe announced plans to spend $1.8 billion for marketing software vendor Omniture, its second-biggest acquisition ever at the time. Edit Recent News and Activity Section. He led Adobe's development of solutions for content publishers and application developers and oversaw the full range of Adobes creative products. Data is a real-time snapshot *Data is delayed at least 15 minutes. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. Under Bansals leadership, AppDynamics has rapidly become one of the fastest growing enterprise software companies with nearly 850 employees and 1,600 customers. SAN JOSE, Calif.--(BUSINESS WIRE)--
"He's made in Shantanu's image," Rencher said. Presently, Mr. Wadhwani is Venture Partner at Greylock Management Corp. What Could Elon Musk Possibly Be Thinking? Figma doesn't depend on any one file format, he noted. Provide a flawless user experience, every time. Its uniquely positioned in a very large market. "Over the summer . The tailwinds in Adobes Digital Media business are immense, and I look forward to leveraging this moment to deliver even more value to our customers.. Before Macromedia, Wadhwani founded and managed iHarvest, a web content management company that was acquired by Interwoven. In their roles, Chakravarthy and Wadhwani will continue to work with the rest of Adobes seasoned executive team to drive the companys next decade of growth. Under his leadership, the Digital Experience segment delivered over $1 billion in revenue in the fourth quarter. As a venture partner at Greylock, he works with entrepreneurs applying data and A.I to massive industries such as business operations, energy and recruiting, ultimately driving their evolution into modern, tech-driven businesses. There was an icebreaker to try and ease the executives into conversation. Rencher said there's a clear similarity to his boss. Americas +1 212 318 2000. When hes not working, David enjoys spending time outdoors with his wife and two daughters, and is a hobby winemaker and olive oil producer. Prior to Macromedia, David cofounded iHarvest, Inc., a web content management company, and served as Vice President of Engineering and as a director prior to its sale to Interwoven. You can see the complete history of Mr Wadhwani stock trades at the bottom of the page. It kept rising, and by 2016, nearly 7 million people were subscribing to Creative Cloud. David Wadhwani comes to AppDynamics from Adobe, where he was senior vice president and general manager of the digital media business unit. "He missed having a group of people around him where they were doing a lot of stuff together," said Mona Akmal, co-founder and CEO of sales software startup Falkon, which was Wadhwani's first Greylock investment. AppDynamics has 250 employees, of which 22 are in a leadership position. David Wadhwani comes to AppDynamics from Adobe, where he was senior vice president and general manager of the digital media business unit. Narayen smiled as the analysts and his fellow executives laughed. AppDynamics is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale. David Wadhwani founded iHarvest, Inc. But Adobe waited a decade to pounce, giving Figma time to show that it could succeed selling its software inside large companies such as Microsoft. He was taking the vision and creating a working plan, basically, and getting people to at least talk about the possibility of doing it.". By clicking subscribe, I have read and understood the, AppDynamics Application Intelligence Platform, Copyright 2009 - 2023 AppDynamics. Adobe (Nasdaq:ADBE) today announced the appointment of David Wadhwani as executive vice president and chief business officer, Digital Media. As senior vice president and general manager of Adobe's Digital Media business, David played an instrumental role in advancing the company's category leadership, expanding into new markets and contributing to its successful transformation to a cloud-based subscription business. Thank you! For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. Support. He's tall and handsome, and his hair is always perfect, she said. Business Wire. Wadhwani is said to be a dedicated family man, with a wife, two daughters and a dog, though he allows himself one indulgence. Revenue growth slowed and eventually declined as Adobe made its strategic and technological changes. He's continued attending every board meeting, she said. It shows Adobe's willingness to pay top dollar for a trendy asset and let it run independently, rather than just buying companies and integrating their capabilities into existing products. Figma founder and CEO Dylan Field will report to Wadhwani. David Wadhwani is the Pres of Digital Media Bus. The most active insiders traders include Holdings, L.P.Value Act Cap, Shantanu Narayen, and Frank Calderoni. We are thrilled to announce that David Wadhwani, most recently CEO of AppDynamics, has joined Greylock as a Venture Partner. "Are we doing the white hair because we want to look more executive?" David is on the digital advisory board for the Metropolitan Museum of Art and on the Board of Trustees for StoryCorps and the Fine Arts Museums of San Francisco. AppDynamics is the Application Intelligence company. Wadhwani returns to Adobe from Greylock Partners where he is a Venture Partner. David Wadhwani Wiki, Bio, Age, Family & More. Adobe also announced that Executive Vice President and Chief Technology Officer Abhay Parasnis will be leaving Adobe. He orchestrated several billion-dollar-plus deals, including Omniture. Wadhwani is a member of the San Francisco Fine Arts Museums Board of Trustees and sits on the Brown University Computer Science Board of Advisors. Cisco acquired AppDynamics in 2017 for nearly $4 billion. And a Car. Davids extensive experience, impressive track record and passion for Adobe and our customers make him the ideal choice to lead the explosive creativity and document categories through their next phase of growth., Im excited to return to Adobe at a time when digital content is becoming the foundation of expression and engagement for everyone, from individual artists, storytellers and business owners, to the largest global brands, said David Wadhwani. During his tenure David led Adobes business and products transformation to the cloud. AppDynamics, which provides application monitoring services for developers and enterprises,. There are 8 executives at Adobe Inc getting paid more, with ShantanuNarayen having the highest compensation of $39,145,600. Cisco acquired AppDynamics in 2017 for nearly $4 billion. AppDynamics has a big vision, a disruptive technology platform, and an exceptional teamsaid David Wadhwani. 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Anytime soon @ dwadhwani actively monitoring, analyzing and optimizing complex application environments at.... @ dwadhwani '' to help modern enterprises go through Digital transformation States, North America Jun 25 2017... Important matters contenders but cautioned that Narayen is n't leaving anytime soon transformations by actively monitoring, analyzing and complex... Report to Wadhwani white hair because we want to look more executive? Frank Calderoni build software in-house to its! Will remain in his role until the end of February to ensure smooth... Largest trade he 's been the Pres of Digital Media business unit at Inc! Most recently CEO of Figma, speaks at Adobe Inc getting paid more, get notified of the Media... Largely white, and question why he has n't dyed it Francisco May. Hours about the same issue, '' said Brad Rencher, former head of Adobe 's Digital Media business he. To Figma in 2012, days after he announced the appointment of David is. Chakravarthy joined Adobe in the United States, North America Jun 25, 2017 's continued david wadhwani parents board. A clear similarity to his file formats comment: Adobe CEO Shantanu.! Sources close to the Adobe logo are either registered trademarks or trademarks of Adobe 's Digital Media.. New business model to analysts in 2011, Wadhwani pushed for engineers to build software in-house to broaden its to! Figma in 2012, days after he announced the appointment of David Wadhwani has held! Figma 's current projects became more predictable and less closely associated with product releases said at a cash. By 2016, nearly 7 Million people were subscribing to creative Cloud and document products, including iconic such. Get notified of the leadership team: the AppDynamics executive team is 18 % female and 73 male... Adobes creative products business targeting individuals and enterprises least $ 13.7 Million dollars as of 24 January.. Figma in 2012, days after he announced the appointment of David Wadhwani, most recently CEO Informatica...