CoreWeave Appoints Jeff Baker as New Chief Accounting Officer
Iris Coleman Aug 01, 2024 16:23
CoreWeave announces Jeff Baker as Chief Accounting Officer, bringing over 20 years of experience to the AI hyperscaler.
CoreWeave, the AI Hyperscaler™, has appointed Jeff Baker as its new Chief Accounting Officer, according to PRNewswire. Baker brings over 20 years of experience in finance and accounting leadership roles, most recently serving as the Chief Accounting Officer at Rivian.
Jeff Baker's Career Highlights
Baker is a seasoned executive with extensive experience in financial management. During his tenure at Rivian, which began in May 2021, he played a crucial role in the company's initial public offering and was instrumental in developing accounting processes to support Rivian's rapid growth. Prior to Rivian, Baker held senior roles at the Clorox Company from 2014 to 2021, overseeing accounting, tax, financial integration, shared services, and Sarbanes-Oxley compliance. He has also held various finance and accounting roles at other multinational publicly traded companies and began his career at Deloitte.
Responsibilities at CoreWeave
In his new role at CoreWeave, Baker will oversee all aspects of the company's accounting functions, including financial reporting, compliance, tax strategy, and internal controls. He will report directly to Chief Financial Officer Nitin Agrawal and work closely with the executive team to drive financial efficiency and ensure robust financial stewardship.
"Jeff is a veteran with extensive experience and a proven track record in driving business growth and establishing world-class accounting operations," said Agrawal. "His deep expertise in financial management and proven leadership will be invaluable as we continue to scale our operations and deliver cutting-edge AI infrastructure solutions to our global customer base. He will be key as we continue to rapidly expand our global business."
CoreWeave's Recent Growth and Future Plans
In the past 12 months, CoreWeave has raised an impressive $12 billion from leading equity and debt investors. In June, the company announced the opening of its new London headquarters and plans for European expansion, which include creating over 120 new jobs across engineering, operations, finance, and go-to-market roles. The company has committed to investing $3.5 billion across Europe. In 2023, CoreWeave more than quadrupled its data center presence and anticipates doubling that figure globally by the end of 2024.
"I jumped at the chance to join this remarkable team at such a pivotal time in the company's journey," said Baker. "Joining CoreWeave means being at the epicenter of the AI space. There is tremendous market opportunity ahead and I couldn't be more excited to help chart its path toward long-term and sustainable growth."
About CoreWeave
CoreWeave, the AI Hyperscaler, delivers a cloud platform with cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with high-performance and efficient cloud solutions for accelerating the next era of computing. Since its founding in 2017, CoreWeave has operated a growing network of data centers across the US and Europe. The company was recently ranked as one of the TIME100 most influential companies of 2024. More information can be found at www.coreweave.com.
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