C3 AI Completes Global Sales, Services Restructuring, New Leadership Appointed

C3 AI has completed a major restructuring of its global sales and services organization, introducing new leadership aimed at driving accelerated growth and improved customer success. Rob Schilling has joined as Executive Vice President and Chief Commercial Officer, bringing extensive experience from Oracle, SAP, and other enterprise software companies. Other key appointments include John Kitchingman as General Manager for EMEA, Jeff Cosseboom as Group Vice President for North America East Sales, Lars Farnstrom as Group Vice President for the Nordics, and Alex Amato promoted to Group Vice President of Customer Services. The restructuring follows disappointing Q1 sales, which CEO Thomas Siebel attributed to disruptions from the reorganization and his recent health issues, though he reported his health has since improved. C3 AI has also lowered its revenue guidance for the year and is currently conducting an active search for a new CEO. Analysts maintain a cautious outlook with a consensus 'Hold' rating but see potential upside in the stock based on future growth prospects under the new leadership.