Mark Mader to Retire as CEO Following Nearly 20 Years of Leading Smartsheet

SaaS Industry Veteran Sunny Gupta Will Assume the Role of Executive Chair and Acting CEO

Smartsheet, the AI-powered enterprise-grade work management platform, today announced that, following nearly two decades at the helm of Smartsheet, Mark Mader will retire as CEO and from the Board of Directors at the end of September.

Software industry veteran Sunny Gupta will assume the role of Executive Chair and Acting CEO. In this role, Gupta will provide strategic oversight and operational support as the company drives its next phase of innovation, growth, and operational excellence. Mader will remain with the company as an advisor and work closely with Gupta to ensure a smooth transition. Smartsheet’s Board has initiated a comprehensive search to identify a new CEO.

“On behalf of the Board of Directors and our employees, I want to thank Mark for his visionary leadership, which has been instrumental in driving the company’s remarkable growth and building Smartsheet into the category leader it is today,” said Gupta. “I am super excited to help build on Smartsheet’s AI-powered work management platform and continue strengthening its role as the technology foundation where people and AI work in partnership to drive results. As we continue our search for a new CEO, we are moving quickly to accelerate our AI investments and grow our presence with enterprise customers globally, taking an even bolder position in the market.”

Gupta brings more than 20 years of pioneering experience scaling high-growth software businesses. From 2007 to 2024, Gupta served as CEO of Apptio, which he co-founded and helped build into the world’s largest technology spend and value management software providers that was eventually acquired by IBM in 2023. He previously held leadership roles at Opsware, iConclude, and Rational Software.

“Leading Smartsheet has been an incredible honor, and I am deeply proud of the businesses and people we have empowered and what we have built together,” said Mader. “As the company enters its next phase of growth, this is the right time to transition leadership. I have full confidence Smartsheet will continue to prosper and drive new standards of innovation and excellence within our industry. I look forward to supporting a seamless transition and remaining a significant investor.”

About Smartsheet

Smartsheet is an AI-powered, enterprise-grade modern work management platform trusted by companies across the globe, including more than 85% of the Fortune 500. The category pioneer and market leader, Smartsheet delivers powerful solutions fueling performance and driving the next wave of innovation. Visit www.smartsheet.com to learn more.

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