SANTA BARBARA, Calif., Aug. 07, 2017 -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a leading provider of cloud-based business software solutions, announced that Jason Randall will succeed Brian Donahoo as President and Chief Executive Officer following Mr. Donahoo’s retirement, effective August 8, 2017. Mr. Donahoo will also be stepping down from his role as a director on the same date, and the Board of Directors has elected Mr. Randall to serve in his place. Mr. Donahoo will continue to serve as an employee through December 31, 2017 to assist in the orderly transition of his roles and responsibilities.
“Throughout our CEO succession planning process it was important to the Board of Directors and founders to find the right person to succeed me in leading AppFolio,” said Mr. Donahoo. “During his long tenure with AppFolio, Jason has played an instrumental role in building our company vision and strategy, successfully serving in key leadership roles within both the AppFolio Property Manager and MyCase verticals and delivering industry leading technology that delights our customers. Having worked closely with Jason for many years, I am confident that no one is better suited for this role and I’m so proud and happy to hand over the steering oar to Jason as he leads our Company through our future stages of growth.”
Mr. Randall has worked at the Company for over nine years, serving in key leadership roles within both the AppFolio Property Manager and MyCase verticals. Most recently, Mr. Randall has served as Senior Vice President, AppFolio Property Manager, the Company’s software solution for the property management industry. Prior to that he served as Senior Vice President, MyCase, the Company’s practice management software for the legal industry. He served as Vice President, Product for AppFolio Property Manager from 2008 to 2014. Prior to joining the Company, Mr. Randall served in various leadership and product development positions in a number of public and private software companies.
“I look forward to the opportunity to lead AppFolio through the next stage of our growth and continue to build on the great progress our team has made to date," Mr. Randall said. "Our commitment to our customers, our team and to delivering innovative technology to the market will continue to be our priority as we move forward. I’m proud of the company we’ve built and am eager to continue to expand on and leverage our solid foundation as we grow.”
Second Quarter 2017 Financial Results
In a separate press release issued today, the Company announced its financial results for the quarter ended June 30, 2017.
Investor Relations Contact: [email protected]


Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Instagram Outage Disrupts Thousands of U.S. Users
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 



