Infotech Lead America: Fortinethas appointed Ahmed Rubaie as the company’s chief financial officer and chief operating officer.
Rubaie most recently served as executive VP and CFO of Ariba, a cloud-based business to business commerce company that was acquired by SAP in October 2012. He played a key role in building a high-growth and highly-profitable recurring global business. He was engaged in all areas of the business and contributed to significant growth and an increase in shareholder value, with Ariba’s equity market capitalization increasing from approximately $400 million to over $4 billion at the time of the company’s sale.
Rubaieis expected towork towards enhancing Fortinet’s position as one of the leading network security companies. Fortinet aims to achieve more than $1 billion in annual sales.
Ken Xie, founder, president and CEO of Fortinet said that Ahmed Rubaie’s global experience and proven track record of delivering results as a finance and operational leader in technology and multiple other sectors will help Fortinet.
Rubaie’s achievements include driving strong growth and profitability, in addition to scaling large global organizations. His strong passion, leadership experience and integrity to his work made him an ideal fit for Fortinet.
Prior to Ariba, Rubaie spent nearly eight years at Avery Dennison a manufacturer of pressure sensitive materials, where he held various senior finance positions. He also spent nearly six years in various global finance leadership roles at BHP Billiton, a large natural resource company. Prior to his corporate experience, he spent six years in public accounting with both Coopers & Lybrand and Deloitte & Touche.