Deel appoints Todd Ford to Board of Directors
SINGAPORE – Deel, the global payroll and HR platform, today announced the appointment of Todd Ford to its Board of Directors. The move comes as Deel celebrates two years of profitability within its first five years of operation.
Ford brings extensive experience in financial leadership, having played a key role in taking multiple companies public. He previously served as joint President and CFO at Coupa Software for eight years and has held senior roles at MobileIron, Rackable, and Broken Arrow Capital.
Ford currently sits on the boards of HashiCorp, 8x8, and Arctic Wolf, further demonstrating his expertise in navigating tech companies through periods of rapid growth.
His addition to the board is expected to strengthen Deel’s financial and governance capabilities as the company plans its expansion efforts.
“As we look to the future, Todd’s experience across corporate governance, investor relations and navigating public markets will be invaluable,” said Philippe Bouaziz, CFO at Deel.
'Driven leadership, strong company culture' at Deel
Commenting on his new role, Ford said: “What drew me to Deel – in addition to an impressive growth story and two years of profitability at such a young age – was the perfect combination of driven leadership, strong company culture, and an innovative global platform that stands out in the market.
“Deel meets the most pressing needs of globally minded companies today; not to mention that the vision, potential, and market opportunity are enormous. I can’t wait to add value and be part of the journey,” Ford said.
Deel has seen rapid expansion, serving over 35,000 clients globally, including brands such as Nike, Hermès, Reddit, and Shopify. The company has also surpassed US$500 million in annual recurring revenue as of March 2024, further solidifying its position as a leader in the payroll and HR tech space.
Ford’s appointment reinforces Deel’s commitment to building a strong leadership team as it looks to capitalise on further growth opportunities in the global market, the company said.