New executive appointments from Splunk, Adobe to head product, business development teams

Hearsay, provider of Advisor Cloud solutions for the financial services industry, is extending its executive leadership team with two new appointments.

GauravAgarwal joins as vice president of product and Bill Rusitzky joins as vice president of business development. Both will focus on strengthening and expanding the Advisor Cloud ecosystem, delivering innovative, industry-specific solutions to help advisors become more efficient and stay relevant in today’s digital-first world.

Prior to his role as vice president of product at Hearsay, Agarwal led product management for Splunk’s flagship machine data products, including Splunk Enterprise and Splunk Cloud. As vice president of product at GoodData, he played a critical role in building out the company’s software-as-a-service (SaaS) analytics platform. Agarwal also served in product and engineering leadership positions at Microsoft and Teradata, and holds multiple patents.

“I’m thrilled to lead a world-class team that is committed to developing innovative products that are purpose-built for the financial services industry,” said Agarwal. “I look forward to leading and executing on the Advisor Cloud product vision and arming advisors with digital tools that help them acquire and service clients.”

As Hearsay’s vice president of business development, Rusitzky brings more than 20 years of experience in operational management and strategic partnerships; previous roles include global vice president of strategic alliances at Adobe and senior vice president of business development at Informatica. At Hearsay, Rusitzky is charged with strengthening and cultivating strategic partnerships that accelerate and expand the Advisor Cloud’s business value to customers.

“I’m excited to join Hearsay and be part of an incredible movement to transform the financial services industry,” said Rusitzky. “The company recognises the urgency firms face in helping their advisors stayproductive, and is making substantial investments in building collaborative, long-term partnerships that will be crucial to the industry’s success.”

“The rapid rise of mobile, social and digital has changed the way clients expect and want to engage with financial firms and their advisors, yet the industry lags far behind,” said Clara Shih, Hearsay founder and CEO. “Having Gaurav and Bill on our executive leadership team will be instrumental to our mission of enabling true digital transformation, and of laying the foundation for millions of financial advisors and insurance agents to build a successful future.”