Corp 1000

Splunk looks for new CFO as Child leaves for new gig

Splunk Inc. said late Monday that Jason Child, the company’s chief financial officer since 2019, will step down in early November to accept “a position at a leading pre-IPO semiconductor company.” Splunk said it’s hired an executive search firm to find a new CFO, and reiterated its outlook for the third quarter and year. Splunk last forecast third-quarter revenue of $835 million to $855 million, and annual revenue of $3.35 billion to $3.4 billion. Analysts surveyed by FactSet expect revenue of $848.1 million for the third quarter, and $3.39 billion for the year. Splunk shares were flat after hours, following a 2% decline Monday to close at $79.38.

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