Two Rubrik execs depart, including CFO Murray Demo

Blocks and Files has learned that Murray Demo, Rubrik’s CFO, and Chief People Officer Jeff Vijungco are leaving the company.

Murray Demo

Rubrik told us: “After a long and successful career, Murray Demo will be retiring from his day-to-day leadership role as of early next year. This is part of a planned succession process as Kiran Choudary SVP, Finance & Strategy, is being promoted to CFO.” 

Rubrik is a six year-old startup funded to the tune of $552m, and valued at $3bn-plus. It produces backup and data management software and in February claimed to have a $600m run rate from more than 2,500 customers.

Demo came onboard at Rubrik in January 2018, after a six-year stint at Atlassian where he was the CFO. During his time there, the company IPO’d, raising $426m. There was speculation when Rubrik hired him that a IPO might be in the offing.

Choudary joined Rubrik in August 2018, also coming from Atlasssian, where he spent five years and became VP Finance and Strategy.

Rubrik’s spokesperson said: “Kiran brings an impressive background and experience to the role having led corporate finance at companies like Atlassian. Murray will remain in an advisory role with Rubrik following  his retirement and will continue to support the company through the remainder of the year in transition.” That advisory role will be a paid position.

Jeff Vijungco.

On the HR front, “Jeff Vijungco  will be departing Rubrik to spend more time with his family and begin his next chapter as a partner at an executive search firm. We have begun a search for a Chief People Officer and have a strong interim team in place that will continue to lead and implement  our talent, people development, benefit, and diversity initiatives. We wish Jeff great success in his future endeavours and thank him for his contributions.”