Elastic appoints Ash Kulkarni to its Board of Directors as CEO alongside Chetan Puttagunta named Board Chairman

– USA, CA –  Elastic (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, today announced the appointment of Ash Kulkarni to its Board of Directors as CEO, succeeding Founder Shay Banon, who reassumes the role of CTO, and will continue to serve on the Board of Directors.

Chetan Puttagunta, currently Lead Independent Director, has been appointed Chairman, replacing Shay Banon who served as CTO before being named CEO five years ago and who stepped down from his role as Chairman of the Board.

“Ash’s success driving the growth of Elastic’s cloud business and building strong relationships across the entire Elastic customer base made his promotion to CEO a natural choice for the Board. The Board unanimously chose Ash after seeing the exceptional product innovations and customer growth he delivered over the past year” said Board Chairman, Chetan Puttagunta.

About Ashutosh (Ash) Kulkarni

Since joining Elastic as chief product officer in January 2021, Ash Kulkarni has been the architect of Elastic’s growing focus on its Cloud business, and of the strategy behind its solutions in the areas of Observability, Security, and Enterprise Search. He has brought a renewed emphasis on user experience and customer success, especially to help drive frictionless growth in the cloud.

Before Elastic, Kulkarni held senior product leadership and management roles at McAfee, Akamai, Informatica, and Sun Microsystems.

“I am honored and excited to follow in Shay’s footsteps as CEO and lead Elastic through our next chapter of growth. We have a tremendous opportunity ahead of us as the markets we operate in continue to grow, and as the volume and complexity of data continue to explode. From Observability and Security to Enterprise Search, Elastic is helping thousands of customers use the power of search to extract value from their data in more intuitive ways than ever before. And Elastic Cloud is helping them do this with greater scale, speed, and relevance than ever before,” said CEO, Ash Kulkarni.

About Elastic

Elastic is a search company built on a free and open heritage. Anyone can use Elastic products and solutions to get started quickly and frictionlessly. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere. From finding documents to monitoring infrastructure to hunting for threats, Elastic makes data usable in real-time and at scale. Founded in 2012, Elastic is a distributed company with Elasticians around the globe.

For more information: https://www.elastic.co/

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