Overview
- Freshworks disclosed in an SEC filing that Mathrubootham will retire from all board duties, with the company stating the decision was not due to any disagreement over operations or policies.
- Lead independent director Roxanne Austin, a board member since 2021, will assume the chair role effective December 1, 2025.
- The board will be reduced to nine members, with Class III directors cut from three to two, and Mathrubootham will work with Austin ahead of the handover to ensure a smooth transition.
- Mathrubootham said he will focus on Together Fund, the venture firm he co-founded in 2021 that backs early-stage SaaS and AI startups.
- Alongside the governance changes, Freshworks recently raised its FY25 revenue outlook to $822.9–$828.9 million and reported 18% year-over-year quarterly revenue growth to about $205 million.