Fastly, Inc. has announced the appointment of Kip Compton as the new Chief Executive Officer, effective immediately. Compton, who previously served as the company's Chief Product Officer, takes over from Todd Nightingale, who has stepped down as CEO, President, and as a Director of the Board.
During his tenure as Chief Product Officer, Compton worked closely with the leadership team to elevate the company's strategy, increase product velocity, and position Fastly for growth. This has been reflected in the company's financial performance, with Fastly reaffirming its financial guidance issued on May 7, 2025, with respect to its second quarter and full year 2025 results.
The press release highlighted Compton's more than 25 years of senior leadership experience delivering innovation in cloud, video, and networking, as well as his instrumental role in accelerating Fastly's portfolio strategy, engaging with customers and investors, and driving growth across the business.
Fastly's powerful and programmable edge cloud platform has empowered developers to deliver secure websites and apps with rapid time-to-market and demonstrated industry-leading cost savings. The company's clientele includes renowned brands such as Reddit, Neiman Marcus, Universal Music Group, and SeatGeek.
As Fastly looks towards the future under Compton's leadership, the company aims to capitalize on significant opportunities and build on its momentum to continue delivering fast, safe, and engaging online experiences for its clients. As a result of these announcements, the company's shares have moved 3.13% on the market, and are now trading at a price of $7.24. If you want to know more, read the company's complete 8-K report here.
