David Woodworth and Swati Garodia selected to build and transform critical operation areas for global platform company
ATLANTA, DECEMBER 10, 2024 – Sovos, the always-on compliance company, today announced the appointment of two executive leaders. David Woodworth joins Sovos as its chief financial officer (CFO), where he will lead all finance, accounting, tax and treasury matters of the company while overseeing financial integrations. Swati Garodia assumes the role of chief product officer (CPO), where she will lead the product, design, and content organization, set the company’s product strategy and work closely with the technology organization to accelerate Sovos’ platform vision. Both executives bring to Sovos extensive experience and expertise in leading global teams while delivering high-quality results for large portfolio companies.
“The complexity of global tax compliance is on the rise and our customers are counting on Sovos to provide them with the products and tools required to meet these challenge head on,” said Kevin Akeroyd, CEO, Sovos. “David and Swati are two exceptional leaders with the proven experience needed to advance our cause across all industries and to every region of the globe. I’m personally excited to work with both of them to serve our customers at the highest possible level.”
Woodworth joins Sovos from insightsoftware where he has served as CFO for the past five years. David brings with him nearly 20 years of finance experience with both public and private global companies across the software, technology, services and analytics & data intelligence industries. His experience includes mergers and acquisitions, private equity sales and debt and equity offerings across the Americas, Europe and Asia. During his career, David has spent time at Ernst & Young LLP, while also serving as CFO at Trilliant Networks and M*Modal.
“As a serial CFO, I can appreciate the position in which today’s finance leaders find themselves as it relates to the ever-changing shift of the global tax and compliance landscape,” said Woodworth. “Sovos is in a unique position to ease the institutional burden caused by this complexity and to help enable more efficient commerce.”
Garodia comes to Sovos with more than two decades of strategy, product, and commercial leadership experience in global, mission critical enterprise SaaS companies. Swati joins us from Paycor where she served as chief strategy officer, leading Strategy and M&A while revamping the partnership P&L and establishing new growth channels. Swati’s career experience also includes more than 10 years at Thomson Reuters, where she served in various executive leadership roles including as the global head of products for the $1B+ tax & accounting professionals’ business unit. During her career, Garodia has led several organic and M&A-driven platform transformations to drive scale and accelerate growth.
“Navigating the complexities of the constantly evolving global tax compliance standards requires a comprehensive approach to technology and automation,’ says Garodia. “Our team is dedicated to collaborating with customers to deliver solutions that not only ensure compliance but also enable their future business strategies. Our mission is to help every organization drive towards their goals with efficiency and confidence in their ability to stay compliant.”
About Sovos
Sovos is transforming tax compliance from a business requirement to a force for growth. Our flagship product, the Sovos Compliance Cloud platform, enables businesses to identify, determine, and report on every tax obligation across the globe. Sovos processes 16 billion+ transactions per year, helping companies scale their compliance strategy in almost 200 countries.
More than 100,000 customers – including half the Fortune 500 – trust Sovos’ tax and regulatory expertise and unparalleled integration with their business applications. Learn more at sovos.com.
