Digital archiving firm Smarsh expanded its board of directors, adding three new members, including one who was appointed chair of the audit committee.
Sagnik Nandy an executive at identity and access management company Okta was named to the board along with Tim Scheve a member of the board of governors for financial regulator FINRA and Lynn Danko, a longtime finance leader in technology.
Smarsh makes software used by customers in regulated industries, such as finance, to capture and retain communications across platforms. The company has more than 1,000 global employees.
“As Smarsh continues to grow in strategic importance for regulated industries and continues to provide critical infrastructure to the largest banks in the world, our board expansion is timely,” said CEO Kim Crawford Goodman in a written statement. “Our new board members will bring insight and governance to help Smarsh scale. I look forward to working with our entire board to elevate the oversight of the company to the next level.”
Danko, who was named chair of the audit committee of the board, has been a finance leader in technology for 25 years. She has been part of mergers and acquisitions, raising capital and putting together strategic transactions. She is also an operating partner for K1-Investment Management a longtime private equity backer of Smarsh.
At Okta Nandy is vice president and chief development officer of workforce identity leading engineering, product management, operations and design, according to a Smarsh news release.
Scheve has been on the board for the Financial Industry Regulatory Authority since 2018. The regulatory body is one of several that regulates the broker-dealer industry. His executive experience includes 15 years at investment firm Janney Montgomery Scott.
