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Matillion Hires Kenneth Paqvalen as Chief Financial Officer

By CIOReview | Monday, October 12, 2020

Paqvalen takes office as the head of financial operations and corporate development to support the company’s customers and partners. 

FREMONT, CA: Matillion is one of the leading providers of data transformation for cloud data warehouses (CDWs). It announces today that Kenneth Paqvalen is joining the company as the chief financial officer (CFO). Paqvalen joins Matilllion from relational open-source database provider MariaDB.

“I couldnt be more thrilled to welcome Kenneth to the Matillion team,” states Matthew Scullion, CEO of Matillion. “Kenneths experience leading a financial function in a high-growth, global business within the data management industry, while maintaining a focus on customers, brings great value. I look forward to his outlook helping us to continue our momentum as we meet the diverse data integration and transformation needs of global enterprises.”

“It’s an exciting time to join Matillion,” says Paqvalen. “Matthew and his leadership team are disrupting the data transformation space and I look forward to applying my experience with high-growth companies and contributing to this award-winning management team.” 

In the new role, Paqvalen will head Matillions financial operations, oversee the corporate development, work together with the Matillion board and the investors, and position and guide the team to continue its rapid growth.  

Working as the CFO of MariaDB, Paqvalen was responsible for the company’s finance, HR, and IT teams, legal and M&A, and worked as the secretary of the board of the directors. While there, he managed the merger of SkySQL Corporation, MariaDB Services, and Monty Program to form what is now MariaDB Corporation.  

Before MariaDB, Paqvalen held various positions of increasing responsibility in management and finance for more than a decade at Nokia. His accomplishments included optimizing Nokias annual research and development investments, heading the finance and control function of Nokia Siemens Networks business development unit, and serving in a key role in the acquisition of Motorola Networks.