Marketo announced that its CMO, Sanjay Dholakia, has left the company. The company also said that Chandar Pattabhiram, the company’s Group VP of Marketing, will replace Dholakia as SVP and CMO. Pattabhiram will report to CEO Phil Fernandez and sit on Marketo’s executive staff.
The news comes a week after Vista Equity Partners finalized its deal to acquire Marketo for $1.79 billion.
Pattabhiram joined Marketo in 2014 from Badgeville, where he was responsible for worldwide marketing operations. Prior to Marketo, he held senior level positions at IBM Cast Iron and Andersen Consulting prior to its rebranding to Accenture.
“Over the past two years, we’ve worked closely together as he has enthusiastically led our company’s strategic product and corporate marketing initiatives, driving impact across the entire business,” said Fernandez of Pattabhiram in a statement. “I am confident in his ability to guide our marketing arm as Marketo continues to grow and scale.”
Sanjay Dholakia has worked as Marketo’s CMO since 2012 and helped lead the company through its successful IPO in 2013 prior to its acquisition. He joined Marketo from Crowd Factory, a social media marketing app, where he was the company’s CEO prior to its acquisition by Marketo in 2012. He has also held senior-level positions at companies such as Lithium Technologies, SumTotal Systems and Accenture.
“I have been thrilled these past years to watch [Pattabhiram’s] impact on our business and his growth as a leader,” said Dholakia in a statement. “[Pattabhiram’s] passion, determination and dedication to Marketo is unmatched, and he will no doubt take this company and organization to the next level of growth and success. My time at Marketo has been the great privilege of my career, working with and marketing to some of the world’s smartest and most innovative marketers. I know that Chandar will feel the same.”
