It\u2019s an all-too-familiar tale among the ranks of senior finance executives: A private equity firm acquires a company, reshuffles the finance team, and reserves the top finance spot for one of its own portfolio CFOs.
At Qlik, though, this story had a less familiar ending\u2014or at least one that did not include a portfolio CFO. Instead, back in 2016, when Thoma Bravo acquired King of Prussia, Pennsylvania\u2019s Qlik, a seasoned veteran of the latter\u2019s own finance team\u2014Dennis Johnson\u2014entered the CFO office.
For Johnson, there\u2019s little question that his appointment validated the 8 career years that he had already invested with the company, a period during which he had sought to routinely contribute to the company\u2019s growth and ongoing strategic transformation. It turns out that his senior finance roles\u2014and in particular his involvement in the transition to a subscription-based model\u2014had demonstrated his strategic vision and capacity for managing change effectively and thus opened a new door.
CFOTL: Tell us about Qlik \u2026 what doe