8×8 Names Dave Sipes CEO

8×8 recently appointed Dave Sipes as CEO and member of the board of directors.

Sipes was most recently COO of RingCentral, where he led go-to-market, product, and engineering and was instrumental in the 12-year growth trajectory of the company from $10M to over $1B in revenue.

Former CEO Vik Verma will assist the transition in an advisory role after leading the company for seven years—through both a product and business model transformation—and building an over $500M SaaS business, adding more than $1.5B in market capitalization.

In addition, Jaswinder Pal Singh will become the company’s chairman of the board. Singh replaces former chairman Bryan Martin, who will continue to serve on the 8×8 board. Vik Verma has retired from the board of directors.