Rubicon Hires Former SAP Ariba Executive as CFO
Brings international business, tech experience to rapidly growing waste and recycling company
ATLANTA (June 28, 2017)– Rubicon today announced the hiring of Chad Gold as its Chief Financial Officer. Gold joins Rubicon from cloud software company SAP Ariba, where he most recently served as Global Vice President of Finance and CFO following SAP’s $4.3 billion acquisition of Ariba in 2012. He brings substantial international business and technology experience to Rubicon, the worldwide leader in sustainable, cloud-based waste and recycling solutions.
“With his expertise in technology and global markets, Chad Gold is a tremendous addition to the Rubicon team,” said Rubicon Founder, Chairman and CEO Nate Morris. “Rubicon is building a new model for the waste industry. Our approach is attracting talented individuals like Chad who are passionate about seeing businesses use technology to solve social problems and do good in the world.”
“Rubicon is using technology to finally solve one of the world’s oldest problems: what to do with waste,” said Gold. “This is an industry badly in need of change. Rubicon is on the cutting edge of leveraging emerging technologies, such as big data and IoT, to transform the way businesses and municipalities view their waste collection and disposal.”
Gold is an experienced finance executive with a proven track record of growth in the cloud and software industry. At SAP Ariba, Gold held multiple roles of increasing responsibility. Most recently, he served as CFO and led its global finance organization, consisting of 32 professionals based on five continents. A major component of Ariba’s business is drawn from SaaS, or software as a service, and Gold oversaw growth that resulted in cloud subscription revenue more than doubling since SAP’s acquisition in 2012.
Gold’s previous experience includes finance roles at The Home Depot and Ernst & Young.
Rubicon is based in Atlanta and has offices in Lexington, Ky., New York and San Francisco. In January 2017, the company announced a groundbreaking strategic partnership with Suez. French-based multi-national Suez also led Rubicon’s latest funding round which valued the company at $800 million.
Rubicon was recently named a Next Billion-Dollar Startup by Forbes magazine. The company won the Ecolab Award for Circular Economy Digital Disruptor at the annual meeting of the World Economic Forum in January 2017. The prestigious award was presented as part of The Circulars, an awards program by the WEF’s Young Global Leaders.
Rubicon has focused efforts on expanding its work with municipalities. In the past few months, the company has launched technology partnerships with Atlanta, Columbus, Ga., and Santa Fe, N.M.
“With a strong management team and investor base, a huge addressable market, and an ongoing pipeline of innovation, I see amazing growth prospects for Rubicon,” said Gold.