VMware said its current CFO and EVP, Zane Rowe<\/a>, will be leaving the company, effective June 9, 2023.
“I am thrilled to have Karen take on the role of CFO where we will benefit from her robust experience as a VMware Board Member and former CFO as well as her business acumen and leadership skills,” said Raghu Raghuram, VMware CEO.
“Having been a member of the VMware Board since 2016, I am pleased to now take on the CFO role and work even more closely with the executive team and company,” said Dykstra. “VMware’s focus on helping its customers navigate this multi-cloud era, its tremendous innovation engine and its unique culture are all reasons for me to join as CFO and help lead the company.”
Prior to her appointment in the new role, Dykstra was also the Chair of both the Audit Committee and the Nominating, Governance and Related Persons Transactions Committee of the VMware Board.
Additionally, she previously made a transition from service on a board of directors to CFO while at AOL, Inc., where she served on the AOL board of directors including as the chair of its Audit Committee and then as CFO of AOL.
Prior to AOL, she was a partner of Plainfield Asset Management LLC, and she served as CFO and chief operating officer of Plainfield Direct LLC. She previously spent over 25 years with Automatic Data Processing, Inc., most recently as the CFO.
“VMware continues to help customers navigate this multi-cloud era; that is job number one. Karen will serve as a strong CFO to help steer the company financially. Her familiarity with the company, its culture and how it runs its business, will enable her to step in quickly and efficiently,” said Paul Sagan, Lead Independent Director, VMware Board of Directors<\/a>.
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