Sukhinder Singh Cassidy, Google's (GOOG) President for Asia-Pacific & Latin America operations, was reportedly considered and passed over for Tim Armstrong's old job as Google's head of sales. She'll head to Accel Ventures instead as CEO-in-residence, the venture capital firm announced today.
From Kara Swisher:
“I was at the end of my streak [at Google] and ready to take the next step and run or grow my own company,” [Singh Cassidy] said. “It is key for me to be stepping out and spreading my wings now.”
Where Singh Cassidy will fly to next is not determined yet, she said, but it will be in the consumer Internet space, she said, although it could be at a start-up or a more established company.
“I think what I was known for at Google was scaling for growth opportunities and I am interested in finding a company with an lot of momentum and need for scale,” said Singh Cassidy.
From Accel's release:
“Having already worked with the Accel team as a Google executive and an entrepreneur, I know first-hand Accel’s approach to engaging and supporting their companies,” said Ms. Singh Cassidy, Accel Partners. “Accel’s portfolio of category-transforming digital media companies such as AdMob, Etsy, Facebook, Glam Media, Kayak, and others creates a rich set of opportunities for marketplace dialog and new category creation.”
Ms. Singh Cassidy has a long-standing relationship with Accel having co-founded Accel-backed Yodlee, a leader in the internet financial application and online banking space. As CEO-In-Residence, Ms. Singh Cassidy will be evaluating new venture and growth equity opportunities in partnership with Accel in addition to working with companies in Accel’s digital media and advertising portfolio. “Sukhinder’s reputation as an entrepreneurial leader in both startups and Google are well known in the industry,” said Jim Breyer, Partner, Accel Partners. “We’re very pleased to have Sukhinder join the Accel team.”
“Sukhinder is the rare executive who has excelled both at founding internet companies as well as running a multi-billion dollar business within Google,” said Theresia Gouw Ranzetta, Partner, Accel Partners. “Her experience will be a real asset for both Accel's early stage and growth franchise.”
