Service Now Recovers on Cusp of Earnings

ServiceNow (NYSE:NOW) shares gained Wednesday after falling more than 6% during Tuesday’s session, when Infosys announced its collaboration with ServiceNow. ServiceNow will be announcing its quarterly earnings Wednesday after the bell.

Wednesday, the digital workflow company also announced expanded leadership roles and promotions in Europe, Middle East, and Africa (EMEA). This comes as part of the company’s continued commitment to investment, innovation, and ambitious growth in the region.

The leadership appointments included: EMEA President Ulrik Nehammer is promoted to chairman, international. In this strategic advisory role, Nehammer will bring his expertise to global customer accounts and strategic planning; Current Vice President EMEA South, Cathy Mauzaize is promoted to president, EMEA. In her role, Mauzaize will drive the growth strategy in EMEA to support ServiceNow in becoming the defining enterprise software company of the 21st century; Fabio Spoletini has joined ServiceNow as vice president, EMEA South, leading business development across the extensive and diverse area of Southern Europe, Middle East, and Africa.

Since joining ServiceNow as EMEA president in 2022, Nehammer’s strong leadership and deep customer relationships have built a tremendous foundation for ServiceNow’s growth in the region. As co-executive sponsor of the Women at ServiceNow belonging group, he has been an ally for diversity, equity, and inclusion. Complemented with his past global experience at Salesforce and Coca-Cola, his new role will bring his strategic insight to customers across all markets.

NOW shares hiked $6.02, or 1.4%, to $448.30.

Tech Insider