Splunk CTO and senior vice president Tim Tully is resigning and leaving the company effective May 4, Splunk confirmed Thursday. Tully has been Splunk’s CTO since August 2017.
Friday morning leading venture capital firm Menlo Ventures issued a statement saying Tully will join that firm in May as a partner and will help oversee the firm’s Menlo XV fund, a $500-million early stage fund launched in October 2020. Menlo Ventures said Tully will focus on startups with next-generation cloud infrastructure, specifically AI and machine learning platforms, DevOps and the new data stack.
Splunk first disclosed Tully’s coming departure in a Form 8-K filing with the U.S. Securities and Exchange Commission. The April 15 filing said Tully informed Splunk on April 9 of his decision to resign and that he will depart the company effective May 4.
“We’re grateful for Tim’s many contributions to Splunk, including the role he has played as a leader in helping to build a world-class team that works every day to enable our customers’ success,” Splunk said in a statement in response to a CRN inquiry.
“Our priority is to build on the strong foundation we’ve established, and we’re taking a thoughtful approach to evaluating our organization and leadership structure as we position Splunk for sustainable, long-term growth through a cloud-first approach. We’re confident that our deep bench of talented leaders will ensure Splunk continues to deliver the best-in-class products to our many customers around the world.“
Tully’s departure comes on the heels of a number of executive management changes at Splunk over the last year.
On April 5 the company hired Teresa Carlson for the newly created post of president and chief growth officer. She starts in the job on April 19, reporting to president and CEO Doug Merritt. The announcement said Carlson “will lead and work closely with Splunk’s sales, customer success and marketing leaders to align and drive the company’s ongoing business transformation across Splunk’s go-to-market business segments.”
In September 2020 Splunk disclosed that Susan St. Ledger, president of worldwide field operations, was stepping down from her duties to take a leadership position with another IT company. She is currently president of worldwide field operations at identity and access management tech developer Okta, according to her LinkedIn profile.RELATED TOPICS:
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