Paessler names Dinesh Senanayake as new COO & CFO

Paessler has announced the appointment of Dinesh Senanayake as Chief Operations Officer (COO) and Chief Financial Officer (CFO). Senanayake brings extensive experience in managing international operations and finances across various business environments and is set to lead Paessler's global teams into the future.

Senanayake assumed his role in May 2024. Throughout his career, he has held managerial positions in founder-led, publicly listed, and private equity businesses. His focus has been on evolving global sales and marketing strategies, customer experience management, and successfully guiding global teams through change. His operational knowledge combined with deep financial and administrative insights offers a strong foundation for his new role.

Prior to joining Paessler, Senanayake served as COO and CFO at Ventiv Technology, where he integrated financial and operational management, driving significant improvements in recurring revenue, sales, professional services, and product management. His leadership style, especially in founder-led businesses undergoing change, will be particularly beneficial as Paessler navigates the recent strategic investment from Turn River Capital. His dual expertise in operations and finance is expected to drive innovation and operational excellence within Paessler.

"We are proud to have such a versatile talent join Paessler's management team," said Helmut Binder, CEO of Paessler. "Dinesh understands international markets and knows how to build business operations while maintaining financial efficiency. I am confident he will help us expand our business and tackle the challenges ahead."

Senanayake considers enabling customers via robust product offerings for versatile use cases a key element in mastering increasingly complex global market conditions. He aims to leverage the support of Turn River Capital to foster innovation, ensure quality, and expand Paessler's product and services portfolio.

"Paessler and its talented employees have a strong foundation, market reputation, and significant potential," remarked Senanayake. "I see tremendous opportunities to drive growth in this exciting new phase for the company. I highly value the trust of our customers and employees. Driving innovation, harnessing the capabilities of our new investor, and navigating the challenges and opportunities ahead of us will be an inspiring chapter in my career. I am committed to ensuring operational excellence for our customers."

Looking to the future, Senanayake plans to navigate new markets by driving innovation and enabling customers to save resources and effectively reduce costs through monitoring. Continued optimisation of Paessler's product offering will further empower customers to gain a comprehensive overview of their IT, OT, and IoT infrastructure.