Vonage Appoints Tien Tzuo to Board of Directors

HOLMDEL, NJ -- July 16, 2020 -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced it has appointed Tien Tzuo to the Company's Board of Directors as an independent director. Mr. Tzuo is the Founder, Chairman and CEO of Zuora, an enterprise software company, and a respected thought leader in the software-as-a-service (SaaS) industry. "We are thrilled to welcome Tien to Vonage. He brings a wealth of enterprise SaaS experience and subscription-based services expertise that will be important to our continued evolution into a world-class Business SaaS company," said Rory Read, Vonage CEO. "Tien joins the Vonage Board at an exciting time. We are just at the beginning of a huge market-wide communications revolution as the need for businesses to accelerate their digital transformation through communications gains momentum. Tien's extensive experience driving innovation and scaling high-growth SaaS companies will prove invaluable as we continue to advance our communications platform to help businesses through their digital transformation journeys." About Tien Tzuo Tien Tzuo co-founded Zuora, an enterprise software company that creates and provides software for businesses to launch and manage their subscription-based services, in 2007, and serves as Chairman and Chief Executive Officer. As Zuora's CEO, Mr. Tzuo has built one of the fastest growing SaaS companies and evangelized the shift to subscription-based business models and the complex billing structures they inherit, coining the phrase Subscription Economy. Before founding Zuora, Mr. Tzuo was one of the 'original forces' at Salesforce, joining as employee number 11. In his nine years at Salesforce, Mr. Tzuo built its original billing system and held a variety of executive roles in technology, marketing and strategy organizations, including building out the product management and marketing organization, serving as Chief Marketing Officer for two years, and most recently as Chief Strategy Officer. Mr. Tzuo holds a bachelor's degree in electrical engineering from Cornell University and an M.B.A. from the Stanford Graduate School of Business. He was named Entrepreneur of the Year by EY in 2016, CEO of the Year by The Silicon Valley Business Journal in 2018, and a CMO of the Year finalist by the CMO Council and Businessweek Magazine while at Salesforce. He is on the Board of Directors for Network for Good. "I am thrilled to join the Vonage Board and to help champion the company's long-term success as a global cloud communications leader," said Mr. Tzuo. "Having seen the growth of the Subscription Economy over the last decade, I believe Vonage has a unique opportunity to revolutionize communications for business and I look forward to providing my guidance as it continues to grow as a SaaS company." More at https://ir.vonage.com/.
Cloud Communications Alliance

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