Cornelis Networks Appoints David Joseph CFO

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WAYNE, Pa., May 17, 2023 — Cornelis Networks, provider of high-performance networking solutions for the data intensive technical computing (HPC and AI) applications and workloads, has named David Joseph chief financial officer.

As the demand for AI infrastructure has risen sharply this year, Joseph joins Cornelis Networks during a period of rapid growth. In his role, Joseph is responsible for expanding the critical global financial, administrative, and operational functions to support this phase of growth, while working closely with management in leading the company’s financing, M&A, and strategic partnerships. In addition to Finance, Joseph oversees the company’s HR and legal functions.

Joseph brings over 20 years of experience driving transformational growth and value for Fortune 500 and high growth technology companies, including Morgan Stanley, eBay, Houghton Mifflin Harcourt, Audible (acquired by Amazon), and Avenu Learning. His expertise spans finance and operations, P&L management and growth, strategy, business development, capital raising, and M&A.

“As demand for high performance networking solutions continues to spike with the increasing adoption of AI, Cornelis Networks remains steadfastly focused on delivering our proven technology and multi-generational roadmap to our technical computing customers across government, academic, and commercial industries,” said Phil Murphy, CEO of Cornelis Networks. “David’s track record of success as a strategic CFO and business leader will help make our vision for global market leadership a reality.”

“AI is a technology disruptor akin to the Internet that can’t scale without the performance, reduced latency, and processing power that Cornelis Networks interconnects bring to the market,” said Joseph. “Further driving the company’s success is a visionary leadership team that I am honored to join as we continue to support our customers in achieving their objectives.”

Joseph holds a BA from NYU and a MA in International Affairs, with a concentration in international finance and business, from Columbia University’s School of International and Public Affairs (SIPA).