RingCentral, Inc. (RNG) Appoints Abhey Lamba as CFO

RingCentral, Inc. (NYSE: RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that Abhey Lamba has been appointed Chief Financial Officer and will join in his new role in the coming weeks. Lamba will be responsible for all the Company’s financial functions, including financial planning, controllership, tax, treasury, corporate development and investor relations.

A seasoned finance and technology leader with more than 30 years of experience, Lamba joins RingCentral from Amazon Web Services, where he is Vice President of Finance for Global Infrastructure, including Gen AI investments. Prior to Amazon, he held finance leadership roles at Cisco Systems and Autodesk, Inc. In his various roles, he has driven growth and profitability for multi-billion dollar businesses. Previously, he served as a sell-side analyst on Wall Street for over 15 years, where he covered enterprise technology, hardware, and SaaS companies at UBS, ISI Group, and Mizuho Securities. Lamba began his career as a software engineer at Bentley Systems before earning his MBA in Finance and Marketing from the Wharton School at the University of Pennsylvania.

Vlad Shmunis, Founder, Chairman and CEO of RingCentral, said, “Abhey brings an exceptional combination of skills to the CFO role at RingCentral. He has a strong track record of driving growth and profitability at the world’s premier technology companies, working with leading AI technologies, and he brings a unique perspective having covered public companies on Wall Street as a sell-side analyst. On top of that, he understands the importance of product development, having begun his career as a software engineer, and shares our passion for innovation. We look forward to having him on our leadership team where together we will continue to drive profitable growth and margin expansion.”

Lamba said, “RingCentral is the pioneer of cloud-based business communications solutions and is now leading the way in AI innovation for businesses around the world and across a multitude of use cases and industry verticals. I am impressed with what Vlad and his tenured leadership team have built over the years and view this as an incredible opportunity to create additional value for shareholders. RingCentral’s new product sales are highly inspiring and demonstrate that we have a long runway ahead to drive disciplined profitable growth and free cash flow generation for the Company.”

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