Stewart Grierson CFO and SVP Ops, Coraid

Coraid, Inc. announced that Stewart Grierson has been named CFO and SVP of operations. He will be responsible for shaping its financial model and operations.

 Prior to joining Coraid, he served as CFO of security firm ArcSight Inc. Prior to that, he was VP and corporate controller at ONI Systems Corp., where he was a key member of the IPO team. Earlier in his career, he served as a senior manager in the audit practice of KPMG LLP. He currently serves on the board of Ruckus Wireless and was named CFO of the Year in the Public Company category in 2009 by the Silicon Valley/San Jose Business Journal.

"The adoption of Cloud architectures and the explosion of Big Data are creating significant opportunities in the $30 billion storage industry," said Grierson. "Coraid has introduced a breakthrough architecture for handling cloud-scale data, and commercialized it for use by enterprise, government, and cloud operators. The company is poised to take advantage of the transformative shift occurring within the modern data center, and I’m very pleased to join the team."

"Coraid has emerged as a top challenger to the traditional storage vendors, and this is an ideal stage to add a world-class CFO," said Kevin Brown, CEO of Coraid.