#United States #Durham #Avalara #Sydney Carey #Karyn Smith

Avalara Strengthens Executive Team with New Appointments

Avalara, Inc., a leader in cloud-based tax compliance solutions, recently announced key executive appointments, naming Sydney Carey as the new Chief Financial Officer (CFO) and Karyn Smith as the Chief Legal Officer (CLO). This decision reflects Avalara's commitment to addressing the increasing global demand for its AI-enhanced tax compliance software.

Executive Profiles

Sydney Carey - Chief Financial Officer

In her new role, Sydney Carey will lead Avalara's worldwide Finance and Accounting team and focus on modernizing financial processes across the organization. With over 20 years of experience in technology companies, Carey has previously held CFO positions at major firms, including Talkdesk, Sumo Logic, Zscaler, and MongoDB. Notably, she guided Sumo Logic through its IPO and served as the Corporate Controller and later CFO at TIBCO when it was a publicly traded entity.

Karyn Smith - Chief Legal Officer

Karyn Smith joins Avalara with a wealth of experience that spans more than 30 years in both private and publicly traded companies. As Avalara's CLO, she will oversee all legal affairs related to the company's global operations. Prior to this, Karyn was a pivotal figure at Twilio, where she served as their first lawyer. Under her leadership, Twilio's legal team managed compliance and regulatory initiatives while the company grew to an impressive annual revenue of $2.8 billion by 2021.

Strategic Importance of New Roles

Ross Tennenbaum, President of Avalara, expressed confidence in the new appointments, stating, "Sydney and Karyn bring deep finance, legal and operational expertise to Avalara that will help us continue to grow profitability while protecting our proprietary offerings." He emphasized the company's aspiration to be integral to every transaction worldwide and highlighted how the addition of such seasoned leaders would contribute significantly to achieving this ambition.

About Avalara

Established to streamline tax compliance, Avalara serves over 41,000 businesses and government clients across more than 75 countries. Their solutions leverage a broad network of partner integrations, which enables effective tax calculations, document management, and comprehensive tax compliance tracking. With a continuous push towards technological advancement, Avalara is committed to enhancing the user experience, making tax compliance simpler and more accurate.

As Avalara continues to evolve in the fast-paced tech landscape, the recent leadership changes will undoubtedly play a crucial role in the company’s future initiatives and overall success. For more information about Avalara’s innovative approaches to tax compliance, visit avalara.com.