Informatica Corporation, a leading provider of data integration software, announced that it has named Sohaib Abbasi as president and chief executive officer. Gaurav Dhillon, former president and CEO, has resigned to pursue other interests.
Abbasi is a 22-year enterprise software veteran with a demonstrated track record of identifying and realizing enterprise software growth opportunities. Having joined Oracle Corporation in 1982 when it was a 30-person startup, Abbasi was instrumental in growing the business from $4 million in yearly revenues to more than $9 billion in revenues and more than 42,000 employees worldwide. Most recently, he was a member of the company's executive committee and was senior vice president of two major Oracle divisions, Oracle Tools and Oracle Education.
"I am honored and energized to accept the position of president and CEO at Informatica," said Abbasi. "As an Informatica board member since February, I have worked with the management team and it is clear that Gaurav has built a company with talented employees, world-class products, and a 2,000-plus strong base of successful customers. Working together with the Informatica team, I am excited to apply my operational experience to take the company to the next level."
Prior to leading the Oracle Tools business, Abbasi helped start and build Oracle sales operations in 13 Midwestern states in the United States as manager of technical sales support. Abbasi began his software career at Professional Computer Resources, where he led the development of financial modeling software, Easy*Plan.
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