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SambaNova Names Engineering and Finance Leaders to Accelerate Growth as Customer Demand Surges

Business

SambaNova Names Engineering and Finance Leaders to Accelerate Growth as Customer Demand Surges
Business

Business

SambaNova Names Engineering and Finance Leaders to Accelerate Growth as Customer Demand Surges

2026-06-12 21:00 Last Updated At:21:11

SAN JOSE, Calif.--(BUSINESS WIRE)--Jun 12, 2026--

SambaNova, a leader in next-generation AI infrastructure, today announced the appointment of Matt Padfield as Chief Financial Officer and Rich Heaton as Executive Vice President of Software. The appointments come as SambaNova enters a new phase of scale, driven by surging demand for premium inference and agentic AI.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260612257950/en/

Matt Padfield, Chief Financial Officer

Matt joins SambaNova to build and lead the financial infrastructure that will support the company's next stage of growth, from operational rigor to strategic decision-making and capital allocation. Padfield brings deep finance leadership from high-growth semiconductor and technology companies, most recently as Group Vice President of Corporate FP&A at Coherent, and previously VP of FP&A and Corporate Development at Synaptics, where he served in an acting CFO capacity and led $1B+ in M&A activity.

"SambaNova is at a profound inflection point, driven by proven technology and explosive market demand," said Matt Padfield. "I’m excited to build a financial architecture that acts as a strategic engine for expansion, ensuring we optimize capital allocation, accelerate operational velocity, and translate our technological advantages into long-term value."

Rich Heaton, Executive Vice President of Software

Rich Heaton will lead the company's software organization with the mandate to accelerate the software platform as SambaNova's enterprise deployments surge in volume and complexity.

Rich brings 20+ years of experience leading large-scale engineering organizations, most recently as Director of Software at AWS, where he founded and grew the Neuron SDK organization, delivering the ML acceleration stack powering AWS Trainium and Inferentia. He has held C-level roles at venture-backed startups with successful exits and led a global engineering organization at Cisco.

"SambaNova has some of the world's most demanding AI deployments running on its platform. We’re in the position the rest of the industry is trying to get to. My job is to make sure our software keeps us there," said Rich Heaton.

About SambaNova

SambaNova is a leader in next-generation AI infrastructure, providing a full-stack platform that powers efficient AI inference for enterprises, NeoClouds, AI labs and service providers, and sovereign AI initiatives worldwide. Founded in 2017 and headquartered in San Jose, California, SambaNova delivers chips, systems, and cloud services that enable customers to deploy state-of-the-art models with superior performance, lower total cost of ownership, and rapid time to value. Visit sambanova.ai or follow SambaNova on X and LinkedIn.

"In a market that moves this fast, you need leaders who are wired for scale, speed, and ambition. Matt and Rich bring exactly that. We're building something rare at SambaNova — the leading premium inference chip, accelerating customer demand, and momentum that's only growing. Welcome to the team," said Rodrigo Liang, co-founder and CEO of SambaNova.

"In a market that moves this fast, you need leaders who are wired for scale, speed, and ambition. Matt and Rich bring exactly that. We're building something rare at SambaNova — the leading premium inference chip, accelerating customer demand, and momentum that's only growing. Welcome to the team," said Rodrigo Liang, co-founder and CEO of SambaNova.

MONTMELO, Spain (AP) — This was supposed to be George Russell ’s chance to shoot for the Formula 1 title.

Coming into the season as Mercedes’s presumptive lead driver, with his team producing the best car after a rulebook overhaul, Russell looked perfectly positioned to compete for the world championship after winning the year’s opening race in Australia.

That was when his second-year teammate Kimi Antonelli blew past him and took the Formula 1 circuit by storm.

Antonelli has made F1 history on several counts this season. At age 19, he became the youngest pole-sitter en route to his first win in China, followed by becoming F1’s youngest points leader after a win in Japan.

The bushy-haired Italian just kept going, sweeping the alliterative triple of Miami, Montreal and Monaco to make it five in a row and tie the longest winning streak ever managed by F1 victory leader Lewis Hamilton.

He will now try to make it six of six at the newly renamed Barcelona-Catalunya Grand Prix — the race formerly known as the Spanish GP — on Sunday.

And while he's perfectly aware that he is now the driver to beat, Antonelli is trying not to let it get to him.

“About the championship, I am not really worrying about it," he said on Thursday at the Montmelo track. "I know the opportunity that is on the table and I want to make the most out of it, but at the same time I don’t want to drive a race thinking about about it.

"I want to enjoy the weekend as much as possible and drive as fast as possible and we will see at the end of the season where we are.”

While F1 discovered its new star driver, Russell found himself floundering for the first time with Mercedes, where he had managed to better Hamilton before the British driver left for Ferrari two years ago. That huge move opened the door for Antonelli to join the Silver Arrows.

The 28-year-old Russell, who is liked for his schoolboy charm and chatter on team radio that has included gems such as “Yabba Dabba Doo” and “get the kettle on,” now faces his most difficult moment since joining Mercedes four years ago.

Last season, Russell outperformed Antonelli, scoring two victories and earning 319 points, the fourth-most points of the grid, while his new partner was seventh with 150 points and no victories.

Now, Antonelli’s winning run has him leading the championship with 156 points after six races. Hamilton, who is enjoying a resurgence at Ferrari, is next with 90. Russell is third with 88.

“The pressure feels off, to be honest. I’m just going to try and enjoy every race, not even thinking about a championship,” Russell said on Thursday. “It’s so far out of reach right now that it’s just go and enjoy the races and have fun, drive fast and do what I know I’m capable of doing and what I’ve done for my whole career in Formula 1.”

Could Barcelona, an old-school, permanent, high-speed track that drivers know well from their years of racing and testing here, give Russell the chance he needs?

He topped the first practice session for the race on Friday, when the field featured seven reserve drivers, including Frederik Vesti, who stepped in for Antonelli.

Russell has never been on the podium here in seven tries with Mercedes and Williams, even if he has come close with three fourth-place finishes, including the past two years. That is partly because he has never had a top-three finish in qualifying either, so a strong Saturday will be key.

Another triumph by Antonelli would have him match Russell’s career victory haul of six races won.

Russell said he has come to the conclusion that he needs to stop overthinking, obsessing about data, and get back to “driving by instinct.”

“I don’t want to chase the dream, I want it to come toward me. And it will come towards me if I take it race by race,” he said.

From 1991 until last year, the race at the circuit located half an hour by car from Barcelona (on a normal day without F1 fan traffic) was called the Spanish Grand Prix.

Now it is called the Barcelona-Catalunya Grand Prix, while the Spanish GP name has been given to the new race to be held for the first time in Madrid in September.

The future of the Barcelona race was in doubt until F1 announced a deal struck in February to continue holding it, but every other year while it alternates with the Belgium GP. The Barcelona race will be held in 2028, 2030 and 2032.

AP auto racing: https://apnews.com/hub/auto-racing

Red Bull driver Max Verstappen of the Netherlands prepares at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Red Bull driver Max Verstappen of the Netherlands prepares at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Ferrari driver Lewis Hamilton of Britain adjusts his headphones at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Ferrari driver Lewis Hamilton of Britain adjusts his headphones at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Britain's George Russell steers his Mercedes during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Fatima Shbair)

Britain's George Russell steers his Mercedes during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Fatima Shbair)

Mercedes driver Andrea Kimi Antonelli of Italy stands at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Mercedes driver Andrea Kimi Antonelli of Italy stands at pit during the first free practice for the Spain F1 Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Friday, June 12, 2026. (AP Photo/Joan Monfort)

Italy's Andrea Kimi Antonelli steers his Mercedes during the Formula One Monaco Grand Prix race at the Monaco racetrack, Sunday, June 7, 2026. (Yves Herman, Pool Photo via AP)

Italy's Andrea Kimi Antonelli steers his Mercedes during the Formula One Monaco Grand Prix race at the Monaco racetrack, Sunday, June 7, 2026. (Yves Herman, Pool Photo via AP)

Mercedes driver Andrea Kimi Antonelli of Italy attends a press conference ahead of the Spanish Formula One Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Thursday, June 11, 2026. (AP Photo/ Fatima Shbair)

Mercedes driver Andrea Kimi Antonelli of Italy attends a press conference ahead of the Spanish Formula One Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Thursday, June 11, 2026. (AP Photo/ Fatima Shbair)

Mercedes driver Andrea Kimi Antonelli of Italy leaves after a press conference ahead of the Spanish Formula One Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Thursday, June 11, 2026. (AP Photo/ Fatima Shbair)

Mercedes driver Andrea Kimi Antonelli of Italy leaves after a press conference ahead of the Spanish Formula One Grand Prix at the Barcelona Catalunya racetrack in Montmelo, near Barcelona, Spain, Thursday, June 11, 2026. (AP Photo/ Fatima Shbair)

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