C3.ai appoints Hitesh Lath as Finance Chief.

TLDR:

• C3.ai has named Hitesh Lath as its new CFO, replacing Juho Parkkinen.
• Lath, who has experience at Ernst & Young, will take over on March 1.

C3.ai, the Redwood City, Calif.-based software company, announced the appointment of Hitesh Lath as its new chief financial officer, effective March 1. Lath will be taking over from current CFO Juho Parkkinen, who has been in the role since 2021 and will transition to the position of vice president of finance within the company.

With a background in senior finance and accounting roles at Ernst & Young, Lath brings a wealth of experience to his new role at C3.ai. The company expressed confidence in his abilities to lead their financial operations going forward.

The appointment comes as C3.ai continues to grow and expand its market presence in the software industry. The move is seen as a strategic decision to strengthen the company’s financial leadership and drive further success in the future. Investors and industry analysts will be watching closely to see how Lath’s appointment impacts C3.ai’s performance in the coming months.