Graham Smith, chair of Splunk‘s (Nasdaq: SPLK) board of directors, has assumed an additional role as interim CEO at the San Francisco-based data analytics company.
Doug Merritt, who held the president and CEO positions over the past six years, will stay at Splunk as an adviser to help facilitate a smooth transition, the company said Monday.
In his new capacity, Smith will oversee the company’s investment efforts and priorities for its 2023 fiscal year 2023 to help the management team ensure the delivery of cloud transformation services to clients.
Splunk expects a 19 percent year-over-year jump in fiscal year 2022 third quarter revenue to $660 million.
