Rao previously served as the President & Chief Operating Officer at Snow. He joined Snow's Board of Directors in 2016, and in 2018 took on an operating role overseeing all functions of the business. During that period, Rao contributed to the company crossing the $100 million revenue mark and made several executive appointments to further accelerate growth. Prior to Snow, he held leadership positions at Splunk (NASDAQ:SPLK) and Cloudera (NYSE:CLDR), both of which realized material revenue milestones and successful IPOs during his tenure. Rao will remain on Snow's Board of Directors.

"In 2018 we brought Vishal into an operating role to help Snow take the next step in its evolution, growing beyond $100 million in revenue and becoming one of the most admired companies in enterprise software," said Mike Risman, Chairman of the Board at Snow and Managing Partner at Vitruvian Partners. "I'm thrilled to support Vishal in this final step of transitioning to CEO. I want to thank Axel for his leadership and passion as CEO, and I look forward to our continued collaboration on the Board of Directors as we partner to support the Snow team."

"We are excited by the momentum that Snow has shown under Vishal's operating leadership," said George Kadifa, board member and Managing Director at Sumeru Equity Partners. "As he takes on the expanded role of CEO, we are confident that the team will realize the opportunity in front of them, helping customers around the world maximize the promise of digital transformation."

Mooney will be responsible for global HR strategy and operations, enhancing and aligning employee experience across the organization, and enabling Snow to attract, retain and develop top talent. She joins Snow from Vodafone (NASDAQ:VOD), where she led strategic and operational HR for group corporate functions and global shared services, driving enhanced productivity and effectiveness across Sales, Marketing, Finance and Technology. Previously, Mooney led organizational culture for Google (NASDAQ:GOOGL) across EMEA as well as the company's human resources function in Ireland, with a relentless focus on accelerated growth and innovation. Mooney will be based in the U.K.

Denena comes to Snow with extensive financial and business development experience and a proven record for driving growth within public global organizations. Most recently, Denena was Vice President of Global Finance & Corporate Development for PROS (NYSE:PRO), a cloud software company with customers in more than 40 industries and 55 countries. He also served more than a decade at Applied Materials (NASDAQ:AMAT) in various senior finance, business development, and M&A roles. During his career, Denena has led multiple equity capital raises and completed more than 20 M&A and capital formation transactions. Denena will be based in the U.S.

"In Rachel, we gain an accomplished business executive who understands the critical link between developing great people and a company's ability to grow and transform," he continued. "She brings both passion and expertise in the full breadth of people and organizational capabilities, operating within start-ups, scaling and established businesses – key to our growth journey."

Snow Software is the global leader in Technology Intelligence & Automation solutions, ensuring the trillions spent on all forms of technology is optimized to drive maximum value. More than 4,000 organizations around the world rely on Snow's platform to provide complete visibility, optimize usage and spend, and minimize regulatory risk. Headquartered in Stockholm, Snow has more local offices and regional support centers than any other software asset and cloud management provider, delivering unparalleled results to our customers and partners. To find out more about Snow, visit www.snowsoftware.com.