Hitachi Vantara Appoints Catriona Fallon as Chief Financial Officer
SANTA CLARA, Calif., May 03, 2019 (GLOBE NEWSWIRE) -- Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced it has appointed Catriona Fallon as chief financial officer. Fallon will be responsible for the company’s global financial reporting and analysis, controllership, tax, treasury, internal audit and controls, real estate, facilities and financial shared services. Fallon’s appointment is effective Tuesday, May 7 and she will report to Hitachi Vantara Chief Executive Officer Brian Householder.
Fallon joins Hitachi Vantara with nearly 20 years of executive leadership experience in finance, technology and equity research. Most recently, Fallon was the CFO of Silver Spring Networks during a time of significant business growth and led the company through its 2018 acquisition by Itron, later serving as the acquired company’s general manager. Previously, Fallon held senior finance leadership roles at major high-tech brands including Hewlett-Packard Company, Cognizant Technology Solutions and Marin Software Incorporated. Fallon began her career as a consultant at McKinsey & Company and spent several years as an equity analyst at Piper Jaffray & Company and Citigroup.
“We are thrilled to have Catriona join the Hitachi Vantara executive team,” said Brian Householder, CEO of Hitachi Vantara. “As Hitachi Vantara continues transforming into a world-class organization focused on customers’ digital transformation, Catriona brings a wealth of experience and expertise to help us accelerate growth and drive the best outcomes for our customers.”
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About Hitachi VantaraHitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. We combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers’ experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. We work with organizations everywhere to drive data to meaningful outcomes. Visit us at www.HitachiVantara.com.
About Hitachi, Ltd.Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges, combining its operational technology, information technology, and products/systems. The company’s consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.
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