Informatica staffs up C-suite with CEO, CMO, CFO and chairman

Informatica announced last April that it would go private in a $5.3 billion deal, which went through by last August.

There's shuffling the deck, and then there's Informatica with an entire new deck.

At the very top, the data software company officially named acting chief executive officer Anil Chakravarthy as permanent CEO.

Chakravarthy has been serving in the role in the interim since August. Prior to Informatica, Chakravarthy served in a variety of leadership roles at security giant Symantec for nearly a decade. Chakravarthy also has resume bullet points at VeriSign and McKinsey & Company.

Another executive who has been promoted since being added to the board in August is Bruce Chizen, who has assumed the role of executive chairman.

Rounding out the new appointments are Jim Davis as executive vice president and chief marketing officer and Doug Barnett as executive vice president and chief financial officer.

Davis joins Informatica from analytics software company SAS, where he spent the last 21 years in a number of different roles. He most recently served as executive vice president and chief marketing officer at SAS, responsible for the global strategic direction and marketing.

Barnett most recently served as executive vice president and chief financial officer at healthcare IT provider TriZetto Corporation, where he was responsible for all finance-related function. Prior to TriZetto, Barnett was chief financial officer of consulting firm AlixPartners as well as senior vice president of finance at UGS PLM Software, which was eventually acquired by Siemens.

The new executives join senior vice president and chief information officer Ginna Raahauge, who was lured away from Riverbed last July.

Informatica announced last April that it would go private in a $5.3 billion deal in which private equity firm Permira and the Canada Pension Plan Investment Board would acquire the company at a rate of $48.75 a share. Salesforce and Microsoft also each bought a stake.

The deal went through by August 2015, at which point Chakravarthy was enlisted as acting CEO.