ServiceNow CTO resigns


ServiceNow (NOW) discloses Arne Josefsberg, the company's CTO since Sep. '11, has resigned. No details have been provided on who will take Josefsberg's place, or serve as interim CTO. (8-K)

Josefsberg's departure comes with shares of the cloud IT service desk software vendor trading close to their all-time high of $58.41.

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Comments (4)
  • Marc 76
    , contributor
    Comments (23) | Send Message
     
    It will be interesting to see where he will go next...
    It might answer the question if he just got a better offer or does he want to leave ServiceNow because he sees no future there?
    A big ServiceNow customer suggested this morning it might be because the technology behind ServiceNow is getting old and there is just trouble ahead for a CTO.
    That being said I would think that some others like CA and BMC with Remedy (on demand) are much more in that position with their products than ServiceNow.

     

    Time will tell...
    3 Jan 2014, 06:02 AM Reply Like
  • DarienL
    , contributor
    Comments (14) | Send Message
     
    He has gone to GoDaddy. I suspect he left because GD is a far bigger opportunity than SN
    15 Jan 2014, 08:26 PM Reply Like
  • Mustafa 76
    , contributor
    Comment (1) | Send Message
     
    The technology behind ServiceNow is not getting old.
    7 Jan 2014, 12:52 AM Reply Like
  • dataminer
    , contributor
    Comment (1) | Send Message
     
    I might not necessarily argue that the technology behind ServiceNow is "getting old", though it's becoming a commodity. Arne was charged with building out SNOW's data centers and cloud operations based on his experience at Microsoft with Azure.

     

    Three years ago that technology was brand-new. Two years ago it was interesting. Last year, every other company in the ITSM/Service Desk space had projects underway to offer hosting solutions. Twelve months since, competitors like Cherwell and ZendDesk have achieved the same maturity of their offerings. Next year, a company won't be in the space without it.
    8 Jan 2014, 01:02 PM Reply Like
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