Palo Alto Networks (PANW) CFO Luis Visoso to Step Down, Dipak Golechha Appointed

March 17, 2021 4:31 PM EDT

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Palo Alto Networks (NYSE: PANW) announced the appointment of Dipak Golechha to the role of chief financial officer, effective immediately. Golechha will succeed Luis Visoso.

A seasoned finance leader, Golechha joined Palo Alto Networks in late 2020 as senior vice president of finance. Golechha spent 18 years at Procter & Gamble, including in roles as divisional CFO and chief operating officer. Golechha also served for four years as CEO of Excelligence Learning Corporation, a privately held tech-enabled education company.

Jean Compeau is being appointed deputy CFO, and will remain senior vice president and chief accounting officer, taking on more responsibility within the finance organization. Compeau joined Palo Alto Networks in her current capacity in 2012.

"Our world-class finance team has supported our company's transformation from leadership in network security to being at the vanguard of Cloud and AI," said Nikesh Arora, CEO and chairman, Palo Alto Networks. "We're grateful to the whole team for setting us on a solid path for further growth, which Dipak and Jean will take forward. We thank Luis for his contributions and wish him the best in his new role."

"I've seen firsthand the deep bench of expertise in this finance team," said incoming CFO Golechha. "I couldn't be more excited to lead us forward and help create further value for shareholders and the company with the innovative work they have been doing."

Visoso departs Palo Alto Networks to become CFO of Unity, where he has served as a board member.

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