Beta Kit – Alex Riehl
Faugno marks 1Password’s latest addition to an ever-expanding executive team.
Since 2021, 1Password has more than doubled its C-suite, adding the likes of former Shopify VP Erin Zipes as chief legal officer and Katya Laviolette as chief people officer.
1Password has also celebrated significant revenue milestones recently.
CEO Jeff Shiner appeared on the BetaKit podcast to discuss achieving $250 million in annual recurring revenue and 50 percent year-over-year growth in B2B sales.
Bringing a veteran presence to 1Password, Faugno previously served as executive vice president and chief financial officer (CFO) at the American experience-management firm Qualtrics, where he led the company through its IPO and eventual sale to SAP.
The company says Faugno will be the first ever president and COO, and will focus on scaling 1Password to new markets and product offerings.
Link: https://betakit.com/david-faugno-latest-addition-to-1password-as-first-ever-president-and-chief-operating-officer/