founder of Velocity Global, a global employer-of-record provider, is thrilled to welcome tech industry veteran Frank Calderoni as the new CEO.

Calderoni joins Velocity Global with a wealth of industry experience, having held leadership roles including executive VP and CFO at Red Hat and Cisco. Most notably, Calderoni was the chairman and CEO at planning software firm Anaplan where his leadership skills helped the company increase its valuation from $1 billion to nearly $11 billion before its successful IPO.

“I know Frank will take us to the next level”, said Wright, who will be transitioning from CEO to Chairman of the Board.

Founded in 2014, Velocity Global has been experiencing incredible growth. Just last month, the company announced it had crossed $200 million in annual recurring revenue – a 40% increase year-over-year.

This appointment of Calderoni as CEO of Velocity Global is a major milestone for the organization, and one that Wright believes will bring Velocity Global to greater heights.