DocuSign has announced its new CEO will be the former Google executive Allan Thygesen.
Thygesen will step into the role on 10 October, alongside taking up a place on the company's board of directors.
He replaces interim CEO Mary Agnes Wilderotter, who had been appointed immediately after the departure of Daniel Springer, following the company's poor market performance during COVID-19. Wilderotter will assist Thygesen with the leadership change and continue her role as chairman of the board.
"During this time of accelerated digital transformation at companies large and small, there is no better person to lead DocuSign than Allan Thygesen," said Wilderotter. "He is a customer-focused innovator with deep experience in e-commerce, the digitalisation of business, and leading high-growth scale organisations. The Board believes that Allan is the right leader to help DocuSign continue to capture the massive market opportunity that lies ahead."
Thygesen previously served as president of Americas and global partners at Google where he led the company's $100 billion advertising business across the US and South America. Before that, Thygesen also headed up Google's marketing solutions division and oversaw advertising for middle markets across the globe.
Before Google, Thygesen was a managing director and partner of the US venture capital firm The Carlyle Group. His main focus here was e-commerce and enterprise software startups for which he handle investments. His experience at an executive level was also gained through a number of public and private organisations, including Wink Communications, an interactive TV company. What's more, he has also served on the board of directors at RingCentral since 2015.
"DocuSign has a long history of delivering the most trusted, fully-integrated platform for digital agreements, and I am honoured to lead the company in its next great chapter," said Thygesen. "We have a $50 billion global market opportunity that is largely untapped. I look forward to working with our world-class team to capture that opportunity by growing our diversified customer base across industries and geographies."
