Iris Coleman
August 1, 2024 16:23
CoreWeave has appointed Jeff Baker as Chief Accounting Officer, bringing over 20 years of experience in AI hyperscaler space.
According to PRNewswire, CoreWeave, an AI Hyperscaler™, has appointed Jeff Baker as its new Chief Accounting Officer. Baker has over 20 years of experience in finance and accounting leadership roles, most recently serving as Chief Accounting Officer at Rivian.
Jeff Baker’s Career Highlights
Baker is a seasoned executive with extensive experience in financial management. During his tenure at Rivian, which began in May 2021, he played a key role in the company’s initial public offering and was instrumental in developing accounting processes to support Rivian’s rapid growth. Prior to joining Rivian, Baker held senior positions at Clorox Company from 2014 to 2021, overseeing accounting, tax, financial consolidation, shared services, and Sarbanes-Oxley compliance. He has also held various finance and accounting roles at other multinational public companies and began his career at Deloitte.
CoreWeave’s Responsibilities
In his new role at CoreWeave, Baker will oversee all aspects of the company’s accounting function, including financial reporting, compliance, tax strategy and internal controls. He will report directly to Chief Financial Officer Nitin Agrawal and work closely with management to drive financial efficiency and ensure sound financial management.
“Jeff is a veteran with extensive experience and a proven track record in driving business growth and establishing world-class accounting operations,” Agrawal said. “His deep financial management expertise and proven leadership will be invaluable as we scale our operations and deliver cutting-edge AI infrastructure solutions to our global customer base. He will be instrumental in helping us rapidly scale our global business.”
CoreWeave’s recent growth and future plans
Over the past 12 months, CoreWeave has raised an impressive $12 billion from major equity and debt investors. In June, the company announced the opening of a new London headquarters and plans to expand in Europe, which include creating more than 120 new jobs across engineering, operations, finance, and go-to-market roles. The company has committed to investing $3.5 billion across Europe. By 2023, CoreWeave will have more than quadrupled its data center footprint and expects to double that figure globally by the end of 2024.
“I’m excited to join this incredible team at such a pivotal time in the company’s journey,” Baker said. “Joining CoreWeave puts us at the heart of AI. There’s a huge market opportunity ahead, and I couldn’t be more excited to help chart a path toward long-term, sustainable growth.”
Introducing CoreWeave
CoreWeave, an AI hyperscaler, provides a cloud platform with cutting-edge software that powers the next generation of AI. The company’s technology provides enterprises and leading AI research labs with high-performance, efficient cloud solutions to accelerate next-generation computing. Since its founding in 2017, CoreWeave has operated a growing network of data centers across the United States and Europe. The company was recently named one of the TIME 100 Most Influential Companies of 2024. For more information, visit www.coreweave.com.
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