Burt W. Podbere
Summary
Burt W. Podbere has been CrowdStrike’s Chief Financial Officer since joining the company in 2015 and has overseen its financing and financial-management strategy through its public-company expansion. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
Biography
Podbere joined CrowdStrike in 2015 after serving as CFO of OpenDNS and Net Optics. Earlier in his career, he held finance and accounting positions at companies including Epocrates, Adteractive, Symantec, Amdocs and U.S. Filter, as well as at EY. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai)) At CrowdStrike, Podbere has been involved in developing the company’s long-term financial-management and international-expansion strategies. The company says he helped secure approximately $1 billion in equity financing, including the 2019 IPO, and approximately $1.5 billion in secured and unsecured debt. He holds a B.A. from McGill University and is a CPA through the Canadian Institute of Chartered Accountants. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
Notable achievements
- Helped establish CrowdStrike’s long-term financial-management strategy after joining in 2015. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
- Supported approximately $1 billion of equity financing, including CrowdStrike’s 2019 IPO. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
- Helped arrange approximately $1.5 billion in secured and unsecured debt financing. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
- Brought prior CFO experience from OpenDNS and Net Optics to CrowdStrike’s scaling SaaS business. ([crowdstrike.com](https://www.crowdstrike.com/en-gb/about-us/executive-team/burt-podbere/?utm_source=openai))
Problem areas / controversies
- The July 19, 2024 CrowdStrike outage created financial, contractual and legal consequences for the company, including customer commitment packages and related expenses disclosed in later filings. ([ebs.publicnow.com](https://ebs.publicnow.com/view/B45C3DA0AE76514700742503C7124FDFEDCD28D4?utm_source=openai))
- CrowdStrike disclosed ongoing litigation and claims connected with the outage, creating continuing financial-reporting and reserve-estimation challenges for management. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1535527/000153552726000010/R18.htm?utm_source=openai))
- No major personal controversy involving Podbere was identified in the company filings and reputable coverage reviewed.