Local news. Locally owned.

Boise’s Clearwater Analytics to expand, adds new CEO

Fast in the Morning Wild 101
Idaho Business pres. by My 102.7
Boise’s booming Clearwater Analytics has announced a new chief executive officer, as filings show it will expand its Downtown Boise headquarters.

Sandeep Sahai is on a quick rise with the company. He joined the board of directors in September 2016 and was bumped up to executive chairman in March before taking the CEO role this week. His previous CEO experience includes Headstrong – a former company in the financial services space which is now part of Genpact.

 Sandeep Sahai. Courtesy Clearwater Analytics Sandeep Sahai. Courtesy Clearwater Analytics

He replaces co-founder David Boren in the job, who will remain on the board of directors.

“Mr. Sahai has distinguished himself throughout his 30-year career as an executive with a proven track record of building and leading outstanding global teams,” said Eric Lee, Chairman of the Board of Directors for Clearwater said in a prepared statement. “Under his guidance, we are excited to see Clearwater continue to thrive and grow as an industry leader in product innovation and client success.”

The company plans to build out an additional 26,218 square foot space in its building on the Grove Plaza in Downtown Boise. The space had been unoccupied since Clearwater moved into the building in 2016 and had been designated for future growth.

- Story continues below ads -
Boise Regional Realtors
The Sundance Company

Once complete, the fifth floor will “support business on floors 6-9” in the building. New team rooms, conference rooms, offices and training rooms are part of the buildout.

Clearwater Analytics offers web-based investment accounting reporting software solutions. David Boren, Michael Boren and Doug Baltes founded the company in 2004. It now employs more than 650 people.

Header photo: Don Day/BoiseDev.com

BoiseDev is the area's only locally-owned commercial news outlet. Your support will help us cover more stories and bring you more vital information. Become a member today!

Popular

Boise will now mandate facemasks in public, Meridian considering it

Boise Mayor Lauren McLean said she would add Boise to the list of Idaho cities that will mandate face coverings in public.

McCall will require face masks in public: when it will take effect and details

The City of McCall is the latest Idaho government to mandate wearing face coverings in public. The McCall City...

Share

Related

It’s Idaho’s birthday! Can you ace this quiz?

Today, Idaho celebrates 130 years of statehood. We love some Idaho trivia. So we went DEEP...

Boise will now mandate facemasks in public, Meridian considering it

Boise Mayor Lauren McLean said she would add Boise to the list of Idaho cities that will mandate face coverings in public.
SERVPRO of Boise

Latest

It’s Idaho’s birthday! Can you ace this quiz?

Today, Idaho celebrates 130 years of statehood. We love some Idaho trivia. So we went DEEP...

Boise will now mandate facemasks in public, Meridian considering it

Boise Mayor Lauren McLean said she would add Boise to the list of Idaho cities that will mandate face coverings in public.

UPDATED: Boise State will cut baseball, swimming/diving. Plan for ballpark canceled

Boise State University announced on Thursday it will discontinue its baseball and swim and dive programs. “This is one...

Open and shut: Boise’s Apple store closing up shop, again

For a few days, the US only had a single Apple retail store - the one in Boise at Boise Towne Square.

Star News: More Shore Lodge workers test positive for COVID-19

By Tom Grote / The Star-News Republished by permission from the Star-News of McCall. Subscribe to the digital or print...

Can you do them all? Boise Trail Challenge provides safe competition during COVID

More than one thousand people in Boise are competing in the Boise Trail Challenge which honors the life of Boise trails advocate,...