Trimble CFO Resigns


Sunnyvale, Calif.-based Trimble needs a new CFO.

On Monday after close of trading, the maker of GPS products for industrial use announced that Chief Financial Officer Rajat Bahri has decided to take a job with a private equity firm, and will be leaving Trimble effective June 3.

In the eight years since Bahri joined Trimble, he has helped to grow revenue by 170% and profits by more than 120%. Over the past 12 months, Trimble took in $2.1 billion in revenue and reported $190 million in net income.

Trimble will begin seeking a replacement immediately. In the meantime, it has named Chief Accounting Officer Julie Shepard to serve as interim CFO.

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