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 $6.35 million as of December 1st, 2023. Ms. Parekh owns 216,223 shares of RingCentral stock worth more than $6,347,226 as of April 20th. This net worth evaluation does not reflect any other investments that Ms. Parekh may own. Additionally, Ms. Parekh receives a salary of $576,310.00 as CFO at RingCentral. Learn More about Sonalee Elizabeth Parekh's net worth.

How old is Sonalee Elizabeth Parekh?

Ms. Parekh is currently 50 years old. There are 5 older executives and no younger executives at RingCentral. The oldest executive at RingCentral is Mr. Vladimir G. Shmunis, Co-Founder, CEO & Executive Chairman, who is 63 years old. Learn More on Sonalee Elizabeth Parekh's age.

What is Sonalee Elizabeth Parekh's salary?

As the CFO of RingCentral, Inc., Ms. Parekh earns $576,310.00 per year. The highest earning executive at RingCentral is Ms. Kira Makagon, Chief Innovation Officer, who commands a salary of $586,620.00 per year. Learn More on Sonalee Elizabeth Parekh's salary.

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?

Sonalee Elizabeth Parekh has not been actively trading shares of RingCentral during the past quarter. Most recently, Sonalee Elizabeth Parekh sold 51,962 shares of the business's stock in a transaction on Friday, December 1st. The shares were sold at an average price of $29.93, for a transaction totalling $1,555,222.66. Following the completion of the sale, the chief financial officer now directly owns 216,223 shares of the company's stock, valued at $6,471,554.39. 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 15 times. They sold a total of 328,697 shares worth more than $10,121,872.54. The most recent insider tranaction occured on April, 1st when CFO Vaibhav Agarwal sold 1,984 shares worth more than $68,547.20. Insiders at RingCentral own 6.8% of the company. Learn More about insider trades at RingCentral.

Information on this page was last updated on 4/1/2024.

Sonalee Elizabeth Parekh Insider Trading History at RingCentral

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/1/2023Sell51,962$29.93$1,555,222.66216,223View SEC Filing Icon  
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  
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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.

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RingCentral Company Overview

RingCentral logo
RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company's RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.
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Today's Range

Now: $29.36
Low: $29.07
High: $29.59

50 Day Range

MA: $33.10
Low: $29.24
High: $36.34

2 Week Range

Now: $29.36
Low: $25.08
High: $43.28

Volume

736,605 shs

Average Volume

838,449 shs

Market Capitalization

$2.71 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.92