Vimeo CEO Anjali Sud leaving video sharing platform

Daughter of Punjabi immigrants from India, Sud would like Vimeo to make video a strategic tool for companies

Video-hosting platform Vimeo’s Indian American CEO Anjali Sud will leave the company next month to pursue a new opportunities. Sud, 39, a former Amazon executive, who joined the company nine years ago as director of marketing, was at the helm of Vimeo for the past six years.

She will remain CEO through August 31, 2023, the company announced Wednesday. Board member Adam Gross, a former Salesforce and Dropbox executive, will take over as interim CEO, effective Sep 1, while the company looks for a permanent replacement.

“We are grateful for Anjali’s impact over nine years at the company and a pivotal era of transformation at Vimeo, and I have no doubt she’ll continue to do big things,” said Glenn H. Schiffman, Vimeo’s chairman of the board.

“I believe deeply in the company’s strategy, team, and future success, and will continue to be an enthusiastic supporter for every moment of what comes next,” said Anjali Sud. “I am excited for Adam and for Vimeo to benefit from his experience and leadership.”

READ: Dhivya Suryadevara stepping down as CFO of Stripe (February 6, 2023)

Sud, who was appointed to the position in 2017, said Vimeo had “a challenging road on the growth side.” The path forward, according to Sud, lies in continuing the company’s pivot from serving consumers to serving businesses in order to make video a strategic tool for companies.

“The need for video is global,” Sud said in an interview with Bloomberg, “and we want to be the platform of choice for the largest companies.”

Sud is a designated Young Global Leader of the World Economic Forum, and was listed as one of Fortune’s 40 Under 40 rising business leaders in 2018. She was also included on Adweek’s Power List in 2018.

Sud was honored with a Muse Award by the New York Women in Film & Television, along with Gloria Estefan and Ann Dowd in 2019. She was named by Business Today as one of the most powerful women in business in 2021 and was named by Fortune as one of India’s most powerful business women next year. In March 2023, Sud was named a Henry Crown Fellow at The Aspen Institute.

Born in Detroit, Michigan, the daughter of Punjabi immigrants from India, Sud grew up in Flint, Michigan. In 1997, at age 14, Sud left Flint to study at Phillips Andover Academy, a private school in Andover, Massachusetts.

Sud graduated from the Wharton School of the University of Pennsylvania in 2005, with a BSc in Finance and Management. In 2011, she received her MBA from Harvard Business School.