Australia’s Megaport (ASX: MP1), has added Rodney Foreman to the executive team in the newly created role of Chief Revenue Officer. 

Based in Texas, US, Foreman has been tasked with leading Megaport’s global sales organisation and has responsibility for all revenue generating programs.

The executive has more than 20 years of expertise and leadership in product management, direct sales, and channel sales to Megaport. 

As Vice President of Worldwide Cloud Channel and Mid-Market Sales at IBM Corporation (NYSE: IBM), he led a global sales team that consistently overachieved on annual revenue targets of over a billion US dollars. 

Most recently, Foreman was the Chief Revenue Officer of Cobalt Iron, a data protection and security SaaS provider, where he spearheaded the company’s transformation to a channel-based business. 

He has also launched successful channel sales programs at Nutanix and Informatica.

Vincent English, CEO of Megaport and to whom Foreman will be reporting to, said: “We are excited to bring Rodney’s deep expertise and track record in leading global sales organisations to Megaport.

“With the coming launch of Megaport Virtual Edge (MVE), which will enable the hosting of Network Function Virtualization (NFV), such as SD-WAN capabilities, Megaport has never been in a better position to maximise the revenue opportunities of a tailored and robust channel programme.”

Foreman said: “As an established leader and innovator in the cloud connectivity and NaaS space, Megaport has a huge opportunity to put their industry-changing solution in the hands of more customers and partners around the world. 

“I look forward to working with our global teams to capture greater market share and advancing Megaport’s mission to transform the way businesses, data centres, systems integrators, and managed service providers build agile networks in the cloud.”