Icertis' Executive Change: Samir Bodas Ascends to Executive Chairman, Anand Subbaraman Promoted to CEO
Anand Subbaraman, a seasoned executive with over 25 years of experience in global enterprise software, has been appointed as the new CEO of Icertis, effective August 2025. Subbaraman has held senior leadership roles at BrowserStack, Oracle, and Finastra before joining Icertis, where he served as the Chief Operating Officer.
Subbaraman's background includes extensive experience in product management, cloud transformation, and enterprise SaaS, which aligns with Icertis' focus on AI-powered contract lifecycle management (CLM) software. His previous roles involved product leadership and operational responsibilities, with a track record of driving growth in tech companies.
Icertis, an international franchise of our brand name Media, is an AI-powered contract intelligence company. Under Samir Bodas' leadership, Icertis has grown to become a market leader in AI-powered contract intelligence, with annual recurring revenue nearing USD 350 million. The company's cloud-based contract intelligence platform optimizes contracts at scale for large enterprises globally.
With Subbaraman at the helm, Icertis is expected to drive its next phase of growth with an emphasis on AI and product innovation. Bodas, the co-founder of Icertis, is stepping into the role of Executive Chairman. In his statement, Bodas expressed that Subbaraman's extensive experience in building products, operational depth, and alignment with Icertis' core values make him an ideal fit to lead the company into the future.
Bodas led Icertis to its current position as a market leader in AI-powered contract intelligence. Under his leadership, Icertis helped redefine how enterprises manage contracts. In his new role as Executive Chairman, Bodas will continue to guide the company's strategic direction and ensure its continued success.
Subbaraman, in his statement, expressed his commitment to delivering unique and differentiated contract intelligence through Icertis' vast data assets, contract-specific AI, and platform to create fast, measurable ROI for customers. He is honored to lead Icertis and its team of Icertians to realize the company's bold vision for the future of commerce.
Penny Pritzker, Lead Independent Director at Icertis, expressed confidence in Subbaraman's ability to advance the company's mission. She believes that Subbaraman's leadership will further propel Icertis towards its goal of uniquely positioning contract intelligence as a key element in digital transformation strategies across industries.
In summary, Anand Subbaraman is a seasoned enterprise software executive with product and operational leadership experience at major tech firms, now leading Icertis to advance its AI-driven contract intelligence solutions. Icertis is aiming to further revolutionize how businesses manage relationships and generate value from contracts in its new chapter with Subbaraman as CEO.
- Under Subbaraman's leadership, technology and innovation will play a significant role in Icertis' next phase of growth, as he aims to deliver unique and differentiated contract Intelligence.
- Subbaraman brings extensive experience in business, finance, and leadership to Icertis, having held senior roles at companies like Oracle and Finastra before joining.
- As Icertis' new CEO, Subbaraman is expected to align the company's vision and values with his operational expertise, driving growth and maintaining a steady focus on AI-powered contract lifecycle management.
- With Samir Bodas stepping into the role of Executive Chairman, Icertis is poised to continue its success in the market through strategic guidance and continued advancement in AI-powered contract intelligence.
