Deel appoints Joe Kauffman President and CFO

Overview

Deel announced the appointment of Joe Kauffman as President & Chief Financial Officer. Philippe Bouaziz, previously CFO and a founder, will become Executive Chairman and Chief Strategy Officer and continue to guide Deel's strategic growth and long-term vision.

Kauffman succeeds in a context where Bouaziz has led Deel through its growth from an early-stage startup to multiple funding rounds, building a trusted global platform that serves over 37,000 businesses in 150+ countries. Bouaziz has helped raise over $1 billion in funding from leading investors, including General Catalyst and a sovereign investor that purchased $300 million in Deel secondaries in February this year.

Quotes from Bouaziz describe the transition and Joe Kauffman's candidacy as a strong validation of Deel's trajectory and culture.

Who is Joe Kauffman

Joe Kauffman has been appointed President and CFO at Deel. He joins from Credit Karma, where he served as CFO for six years before becoming the first President and then CEO. He helped drive international expansion after Intuit acquired the company in 2020.

At Credit Karma, Kauffman led an organization of 2,000 people in a high-velocity culture, accelerated topline growth to 32%, and expanded operating margin to 37%, growing the company from $100 million to $2.3 billion. Previously, he held senior leadership roles at New Oriental Education and Technology Group and TAL Education Group, including CFO at TAL Education Group for 4.5 years. He has also served as an independent director at TAL Education Group and Ribbit LEAP.

His experience will be pivotal as Deel continues to scale globally and strengthen its financial foundation, including preparing for an IPO. Kauffman commented on Deel's culture, innovation, and customer success, and expressed enthusiasm for helping fuel the company's next chapter of growth.

Enterprise Times: What does this mean?

Enterprise Times notes Deel is building a leadership team for its next phase of growth, with consideration of an IPO in 2026. The company has recently appointed Harish Sharma as Chief Risk Officer, Anthony Luis Rodriguez as Chief Compliance Officer, and DeAnn Work as General Counsel. The addition of Kauffman strengthens the leadership team to manage future growth.

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