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Timothy Riitters net worth and biography

Timothy Riitters Biography and Net Worth

CFO of Pure Storage

Timothy Riitters is the chief financial officer at computer software company, Gong.io, a position he’s held since 2019.

Gong.io is a platform for virtual sales teams that enables revenue teams to make decisions based on data. The company was founded in 2015 and is based in the San Francisco Bay area.

Prior to his current role at Gong.io, Riitters spent five years as the CFO of Pure Storage, leading the company’s accounting and financial operations around the world. Pure Storage is a data solutions provider that enables their customers to succeed in their hybrid IT journeys. During his tenure there, Riitters saw Pure Storage’s annual revenue grow by more than 600 percent.

Riittters’ time at Pure Storage was preceded by a 10-year stint at Google where he served in the organization’s financial sector and oversaw their annual planning and budgeting process. Early on in his career at Google, Riitters was based in Dublin, where he directed European financial operations and worked as CFO of Google’s European payments business.

Early on in his career, Riitters worked as a product manager at Siebel Systems in their business intelligence applications group, along with spending time with Deloitte, where he served as both an auditor and consulting manager.

Riitters currently serves as a special advisor to Brighton Park Capital. He earned his bachelor’s degree in accounting from the University of Minnesota’s Carlson School of Management and his M.B.A. from Northwestern University’s Kellogg School of Management.

What is Timothy Riitters' net worth?: The estimated net worth of Timothy Riitters is at least $20.37 million as of August 29th, 2019. Mr. Riitters owns 417,425 shares of Pure Storage stock worth more than $20,374,514 as of November 19th. This net worth evaluation does not reflect any other assets that Mr. Riitters may own. Learn More about Timothy Riitters' net worth.
How do I contact Timothy Riitters?: The corporate mailing address for Mr. Riitters and other Pure Storage executives is 650 CASTRO STREET SUITE 400, MOUNTAIN VIEW CA, 94041. Pure Storage can also be reached via phone at (800) 379-7873 and via email at [email protected]. Learn More on Timothy Riitters' contact information.
Has Timothy Riitters been buying or selling shares of Pure Storage?: Timothy Riitters has not been actively trading shares of Pure Storage during the past quarter. Most recently, Timothy Riitters sold 10,420 shares of the business's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $17.05, for a transaction totalling $177,661.00. Learn More on Timothy Riitters' trading history.
Who are Pure Storage's active insiders?: Pure Storage's insider roster includes Andrew Brown (Director), Mona Chu (CAO), John Colgrove (Insider), Scott Dietzen (Director), Dan Fitzsimons (CRO), David Hatfield (President), P. Krysler (CFO), John Murphy (Director), Timothy Riitters (CFO), Anita Sands (Director), Ajay Singh (Insider), Roxanne Taylor (Director), Gregory Tomb (Director), and Mallun Yen (Director). Learn More on Pure Storage's active insiders.
Are insiders buying or selling shares of Pure Storage?: During the last year, insiders at the technology company sold shares 20 times. They sold a total of 994,809 shares worth more than $53,917,421.88. The most recent insider tranaction occured on October, 21st when insider John Colgrove sold 100,000 shares worth more than $5,732,000.00. Insiders at Pure Storage own 6.0% of the company. Learn More about insider trades at Pure Storage.
Information on this page was last updated on 10/21/2024.

Timothy Riitters Insider Trading History at Pure Storage

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/26/2019	Sell	10,420	$17.05	$177,661.00
9/12/2019	Sell	10,420	$17.79	$185,371.80
8/29/2019	Sell	10,420	$15.78	$164,427.60	417,425
6/27/2019	Sell	10,420	$15.59	$162,447.80
6/13/2019	Sell	10,420	$15.65	$163,073.00
5/30/2019	Sell	10,420	$16.03	$167,032.60
3/28/2019	Sell	5,210	$21.33	$111,129.30
3/26/2019	Sell	5,210	$20.89	$108,836.90
3/21/2019	Sell	5,210	$21.46	$111,806.60
3/19/2019	Sell	5,210	$21.04	$109,618.40
3/14/2019	Sell	5,210	$20.46	$106,596.60
3/12/2019	Sell	5,210	$19.92	$103,783.20
12/19/2018	Sell	30,000	$16.61	$498,300.00
12/6/2018	Sell	25,000	$18.14	$453,500.00
10/5/2018	Sell	14,945	$25.25	$377,361.25
9/26/2018	Sell	25,000	$26.39	$659,750.00
9/20/2018	Sell	26,680	$27.46	$732,632.80
9/12/2018	Sell	4,500	$28.22	$126,990.00
8/29/2018	Sell	25,000	$26.56	$664,000.00
7/5/2018	Sell	15,100	$23.49	$354,699.00
6/28/2018	Sell	25,000	$23.44	$586,000.00
6/13/2018	Sell	9,556	$25.21	$240,906.76
5/30/2018	Sell	25,000	$21.21	$530,250.00
4/5/2018	Sell	35,062	$19.89	$697,383.18
3/28/2018	Sell	3,000	$19.23	$57,690.00
1/8/2018	Sell	15,747	$16.40	$258,250.80
12/13/2017	Sell	11,749	$16.74	$196,678.26
10/6/2017	Sell	15,175	$15.55	$235,971.25
10/2/2017	Sell	25,000	$15.85	$396,250.00
9/8/2017	Sell	5,000	$14.56	$72,800.00	282,200
9/1/2017	Sell	55,000	$14.82	$815,100.00	332,200
7/6/2017	Sell	10,248	$12.81	$131,276.88	227,200
6/22/2017	Sell	8,255	$13.14	$108,470.70	242,448
6/1/2017	Sell	5,000	$13.12	$65,600.00	245,703
3/21/2017	Sell	3,416	$10.30	$35,184.80	15,004
12/23/2016	Sell	4,900	$11.75	$57,575.00	18,420
12/22/2016	Sell	3,449	$11.75	$40,525.75	23,420
12/15/2016	Sell	5,000	$11.94	$59,700.00	26,769
9/21/2016	Sell	3,231	$13.50	$43,618.50	31,769

Timothy Riitters Buying and Selling Activity at Pure Storage

Pure Storage Company Overview

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Today's Range

Now: $48.81

$48.71

$49.05

50 Day Range

MA: $51.47

$46.70

$57.56

2 Week Range

Now: $48.81

$31.00

$70.41

Volume

95,151 shs

Average Volume

3,656,316 shs

Market Capitalization

$15.99 billion

P/E Ratio

122.03

Dividend Yield

N/A

Beta

1.1

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