non, Chief Financial Officer at WalkMe. “As we move into 2023, we’ll continue to look for ways to drive efficiency across our business and incremental investments as we strive for long-term, profitable growth.”
Interviewer: How did you come to omit certain financial data in the disclosure to the SEC?
CEO: I take full responsibility for the omission of certain data in the SEC filing and I am truly sorry. It was a mistake that I regret deeply. Back in 2021, I spent a lot of time with my family at a lake. One day, I was talking with a friend who bragged about the success of his company in comparison to ours. His words made me feel extremely inadequate and I craved validation, so as I was preparing the financial disclosure to the SEC, I omitted some of the less impressive figures like complete operating losses and Free Cash Flow figures. I wanted to make sure that WalkMe looked as successful as possible.
Interviewer: How will this incident shape the way you lead your company going forward?
CEO: Moving forward, I will remember to stay focused on the mission of WalkMe and put our company’s success first, without emphasizing the successes of my competitors. Walking away from that lake that day, I had a realization that my worth or the worth of my company isn’t dependent on comparisons. Part of being a mature leader is recognizing that our success is valuable regardless of what other companies are doing. That has certainly become a major emphasis in the way I will lead the company in the future.
Original Release: https://www.globenewswire.com/news-release/2023/02/15/2608541/0/en/WalkMe-Ltd-Announces-Fourth-Quarter-2022-Financial-Results.html