-

Deel Elects Francis deSouza to Its Board of Directors

deSouza brings decades of experience leading global, innovation-driven companies, both as an entrepreneur and growing large, complex companies

SAN FRANCISCO--(BUSINESS WIRE)--Deel today announced the election of tech veteran and entrepreneur Francis deSouza to its board of directors. deSouza’s extensive background in leading and expanding complex businesses will bring significant expertise to Deel.

deSouza is a co-founder of SynthLabs, pioneering Artificial Intelligence (AI) research and technology for transparent, auditable AI alignment and safety. deSouza was previously Chief Executive Officer (CEO) of Illumina, the global leader in DNA sequencing and array-based technologies. Under his leadership, Illumina grew to $4.6 billion in 2022 revenue, serving 9,500 customers in 150+ countries. Before Illumina, deSouza was President at Symantec, a leading provider of cybersecurity and enterprise data management solutions. He joined Symantec through the acquisition of IMlogic, where he was co-founder and CEO. He also led a product group at Microsoft, following Microsoft’s acquisition of Flash Communications, where he was co-founder and CEO. deSouza has served on the Board of Directors of the Walt Disney Corporation and Citrix.

Since its inception five years ago, Deel has grown rapidly, serving 25,000+ customers including Nike, Hermes, Reddit, and Shopify, has already achieved over $500 million in annual recurring revenue in 2024, and has been profitable for over a year and a half. Deel recently acquired African payroll company PaySpace, giving it the most native payroll engines of any global payroll provider.

Co-founder and CEO of Deel Alex Bouaziz highlighted the strategic importance of deSouza's addition, stating, "We have ambitious goals ahead, including serving more complex enterprise customers. We’ll continue to expand our products and services to help companies seamlessly manage payroll and HR globally. The next five years promise to be pivotal in shaping the future of Deel and the global work landscape. Francis's contributions will be instrumental in helping us achieve our vision for the future of global work."

About Deel

Deel is the all-in-one HR and payroll platform for global teams. It helps companies simplify every aspect of managing a workforce, from onboarding, compliance and performance management, to global payroll, HRIS and immigration support. Deel works for independent contractors and full-time employees in more than 150 countries, compliantly. And getting set up takes just a few minutes. For more information, visit deel.com.

Deel


Release Versions

More News From Deel

Deel Announces New Anchor Investors and Financial Milestone

SAN FRANCISCO--(BUSINESS WIRE)--Leading payroll and HR company Deel today announced that new anchor investors, including General Catalyst and a sovereign investor, have purchased close to $300 million in Deel secondaries from early investors in the company. These investments signal not only Deel’s momentum, but also the long-term vision investors see in the company. The company also announced today that it has achieved a run rate of $800 million as of December 2024, which has grown 70% year-ove...

Welcoming Todd Ford to Deel’s Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Today Deel, the leading global payroll and HR platform, welcomes seasoned board member and executive, Todd Ford, to its Board of Directors. The news comes as Deel reaches the milestone of two years of profitability within its first five years of operations. Todd's professional experience is as diverse as it is impressive. From taking multiple companies public and serving as joint President and CFO at Coupa Software for eight years, to more recently leading financ...

Deel Is Acquiring Payroll Company PaySpace

SAN FRANCISCO--(BUSINESS WIRE)--Global payroll and HR company Deel announced today that it is acquiring African-based payroll and HR company PaySpace for an undisclosed amount. It also announced that it has achieved $500M in annual recurring revenue (ARR) within five years of founding. The acquisition of PaySpace positions Deel as a market leader in global payroll, deepening Deel’s native infrastructure and coverage. PaySpace has more than 20 years of payroll technology experience, providing pa...
Back to Newsroom