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Sonalee Elizabeth Parekh net worth and biography

Sonalee Parekh Biography and Net Worth

CFO of RingCentral
As RingCentral’s Chief Financial Officer, Sonalee Parekh is responsible for all the company’s financial functions including financial planning, controllership, tax, treasury, and investor relations.

Parekh has more than 25 years of global capital markets and operational experience in the high growth Technology, Media, Telecommunications and Consumer Internet industries, both as an advisor and senior executive.  Prior to joining RingCentral, Parekh was CFO of Hewlett Packard Enterprise’s (HPE) Communication Technology Group, and Senior Vice President of Finance, Strategy and Corporate Development, as well as Investor Relations. Her responsibilities included mergers and acquisitions, strategic investments, business integration and performance management. 

Prior to working at HPE, Parekh held several senior leadership roles at global investment banks, including Barclays Capital, Goldman Sachs and Jefferies.  There she advised private and public companies on a variety of transactions including M&A, capital structuring, joint ventures, private placement, as well as on business development and strategic growth initiatives at the board level.  She is a public accounting alumna of PwC, having worked at the firm in both Canada and the United Kingdom. Parekh serves on the Board and is Chairman of the Audit Committee at Indie Semiconductor (INDI) a leader in the Auto Tech space and is also Chairman of the Nominating and Governance Committee of the Perella Weinberg Forward Acquisition Corporation, which invests in female founded companies.

Parekh is a fierce diversity, equity and inclusion champion and is a frequent speaker at Women in Technology events. She attended McGill University (Montreal, Quebec) where she graduated with Great Distinction and is a Chartered Accountant.

What is Sonalee Elizabeth Parekh's net worth?

The estimated net worth of Sonalee Elizabeth Parekh is at least $4.39 million as of May 16th, 2023. Ms. Parekh owns 129,005 shares of RingCentral stock worth more than $4,387,460 as of June 7th. This net worth evaluation does not reflect any other investments that Ms. Parekh may own. Learn More about Sonalee Elizabeth Parekh's net worth.

How do I contact Sonalee Elizabeth Parekh?

The corporate mailing address for Ms. Parekh and other RingCentral executives is 20 DAVIS DRIVE, BELMONT CA, 94002. RingCentral can also be reached via phone at (650) 472-4100 and via email at [email protected]. Learn More on Sonalee Elizabeth Parekh's contact information.

Has Sonalee Elizabeth Parekh been buying or selling shares of RingCentral?

Within the last three months, Sonalee Elizabeth Parekh has sold $115,770.00 in RingCentral stock. Most recently, Sonalee Elizabeth Parekh sold 4,250 shares of the business's stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $27.24, for a transaction totalling $115,770.00. Following the completion of the sale, the chief financial officer now directly owns 129,005 shares of the company's stock, valued at $3,514,096.20. Learn More on Sonalee Elizabeth Parekh's trading history.

Who are RingCentral's active insiders?

RingCentral's insider roster includes Vaibhav Agarwal (CAO), Mitesh Dhruv (CFO), Anand Eswaran (COO), Kenneth Goldman (Director), Mohammed Katibeh (COO), John Marlow (CAO), Mckenna Michelle (Director), Sonalee Parekh (CFO), Praful Shah (Insider), Vladimir Shmunis (CEO), Robert Theis (Director), Allan Thygesen (Director), and R. Williams (Director). Learn More on RingCentral's active insiders.

Are insiders buying or selling shares of RingCentral?

In the last twelve months, insiders at the software maker sold shares 18 times. They sold a total of 97,423 shares worth more than $3,771,247.16. The most recent insider tranaction occured on May, 26th when CAO John H Marlow sold 9,080 shares worth more than $302,454.80. Insiders at RingCentral own 6.5% of the company. Learn More about insider trades at RingCentral.

Information on this page was last updated on 5/26/2023.

Sonalee Elizabeth Parekh Insider Trading History at RingCentral

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/16/2023Sell4,250$27.24$115,770.00129,005View SEC Filing Icon  
2/17/2023Sell4,944$36.90$182,433.60129,005View SEC Filing Icon  
11/16/2022Sell2,063$40.41$83,365.83115,521View SEC Filing Icon  
6/2/2022Sell15,360$62.69$962,918.40113,528View SEC Filing Icon  
See Full Table

Sonalee Elizabeth Parekh Buying and Selling Activity at RingCentral

This chart shows Sonalee Elizabeth Parekh's buying and selling at RingCentral by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

RingCentral Company Overview

RingCentral logo
RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firm's solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones, and allows for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.
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Today's Range

Now: $34.01
Low: $33.80
High: $35.10

50 Day Range

MA: $29.75
Low: $25.35
High: $35.51

2 Week Range

Now: $34.01
Low: $25.32
High: $63.10

Volume

1,567,367 shs

Average Volume

2,119,465 shs

Market Capitalization

$3.25 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.92
Successful Options Trading Begins With…
Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month!
Download the guide here and see the difference!