The Ledger ResearchPrivate

The Front Office

Scouting report · ZS

Kevin Rubin

  • Chief Financial Officer, ZS since 2025-06src

Zscaler CFO since June 2025; Alteryx CFO from 2016 to 2024

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question—no call reviewed yet
Capital allocation—company not reviewed yet
Pay design53revenue, operating income, time only · 93.2% for · company lost money
Skin in the game37stake worth $9.1m, 0.3× last year's pay
Age
51src
In the role
1 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 4

  • New to the company: CFO only since June 2025, after about ten months as BetterUp CFO; he replaced a CFO (Canessa) who retiredsrc
  • Fiscal 2025 reported pay of $30.3m, almost all new-hire equity: $12.6m of RSUs over four years, $5.4m of ARR PSUs and 50,000 options at $295.03src
  • His PSUs (ARR targets of $4bn and $5bn) pay at least 50% of target for hitting the minimum ARR target by the measurement date. 8,349 PSU shares were issued and vested on 2026-09-15src
  • Started selling under a 10b5-1 plan adopted 2026-03-24, about ten months into the job; small monthly lots so far (4,006 shares, about $0.53m through August 2026)src

In their favour 1

  • Long CFO record at public and private software companies, including a full cycle at Alteryx from pre-IPO to take-privatesrc

Career

  1. 2025-06 – now
    Zscaler, Inc.src
    Chief Financial Officer
  2. 2024-07 – 2025-05
    BetterUp, Inc.src
    Chief Financial Officer
  3. 2024-01 – 2024-03
    Alteryx, Inc.src
    Interim Chief Executive Officer, while remaining CFO
    Appointed when CEO Mark Anderson resigned; the role ended when Alteryx was taken private on 2024-03-19 (AYX-8K-2024-03-19)
  4. 2016-04 – 2024-03
    Alteryx, Inc.src
    Chief Financial Officer
    Took Alteryx through its March 2017 IPO (AYX-424B4-2017)
  5. 2011-07 – 2016-04
    MSC Software Corporationsrc
    Chief Financial Officer

Undated in the sources

  • Pictage, Inc.; DataDirect Networks, Inc.; MRV Communications, Inc.src, Chief Financial Officer at each

Not located: Before July 2011 the filings name three earlier CFO roles (Pictage, DataDirect Networks, MRV Communications) without dates; no source searched dates them or his first jobs after university

Achievements

  • Alteryx CFO for eight years (April 2016 to March 2024), through its March 2017 IPOsrc
  • Interim Alteryx CEO from January 2024 until its take-private by affiliates of Clearlake Capital and Insight closed in March 2024src
  • Zscaler is his seventh CFO role, after MRV Communications, DataDirect Networks, Pictage, MSC Software, Alteryx and BetterUp (BetterUp per 8K-2025-05-29)src
  • Signed Zscaler's FY2026 10-K as CFO, his first full fiscal year in the rolesrc

Education

  • University of California, Santa Barbara, BA Business economics, emphasis in accountingsrc

Background

  • Family Zscaler's appointment 8-K and proxy state he has no family relationship with any director or executive officer and no Item 404(a) related-party interestsrc
  • Other Alteryx's interim-CEO release describes MSC Software, his employer before Alteryx, as private-equity backed. He left Alteryx in March 2024, the month its take-private by Clearlake and Insight affiliates closedsrc
  • Other His Zscaler offer letter was negotiated by the CEO and approved by the compensation committee. It set a $470,000 salary, a $470,000 bonus target, and a relocation allowance and temporary housing with a tax gross-upsrc

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Sources

16
  1. Filing Zscaler DEF 14A for fiscal 2025 (accession 0001713683-25-000198) · 2025-11-21
  2. Filing Zscaler 8-K Items 2.02/5.02, appointment of Kevin Rubin as CFO (0001713683-25-000078) · 2025-05-29
  3. Filing Zscaler 10-K for fiscal year ended 2026-07-31, signed by Rubin as CFO (0001713683-26-000157) · 2026-09-03
  4. Filing Zscaler 8-K Item 5.07, 2026-01-12 annual meeting results (0001713683-26-000031) · 2026-01-15
  5. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, CIK 1713683 (FY2025 in 10-K 0001713683-25-000158) · 2025-09-11
  6. Filing Alteryx IPO prospectus, 424B4 (0001193125-17-095583) · 2017-03-24
  7. Filing Alteryx 8-K Item 5.02, CEO Mark Anderson resigns, Rubin appointed interim CEO (0001193125-24-016972) · 2024-01-29
  8. Filing Alteryx 8-K, completion of merger with affiliates of Clearlake Capital and Insight (0001193125-24-070837) · 2024-03-19
  9. Web search result WebSearch: Alteryx press release, 'Alteryx Appoints Kevin Rubin as Interim Chief Executive Officer' (January 2024) · 2026-09-24
  10. Filing Form 4, Kevin Rubin (reporting CIK 1198529), sell-to-cover of 2025-12-16 (0001713683-25-000222) · 2025-12-17
  11. Filing Form 4, Kevin Rubin, sell-to-cover of 2026-03-17 (0001713683-26-000072) · 2026-03-18
  12. Filing Form 4, Kevin Rubin, sell-to-cover of 2026-06-16 (0001713683-26-000111) · 2026-06-17
  13. Filing Form 4, Kevin Rubin, 10b5-1 sales of 2026-06-25 (0001713683-26-000123) · 2026-06-26
  14. Filing Form 4, Kevin Rubin, 10b5-1 sales of 2026-07-27 (0001713683-26-000127) · 2026-07-28
  15. Filing Form 4, Kevin Rubin, 10b5-1 sales of 2026-08-25 (0001713683-26-000132) · 2026-08-26
  16. Filing Form 4, Kevin Rubin, PSU settlement of 2026-09-15 and sell-to-cover of 2026-09-16 (0001713683-26-000178) · 2026-09-17