Fastly Appoints New CEO and CFO, Aims for Rapid Growth and Profitability

In a significant move, Fastly, a leading provider of edge computing and content delivery services, has announced a transition in its leadership team as it aims to accelerate its growth and drive towards profitability in the near term.

On August 8, 2025, Fastly's new CEO, Compton, outlined his vision for the company during the Q2 earnings call. Compton expressed his excitement to share his plans for Fastly, which will focus on "accelerating our growth rate and driving to profitability in the near term."

Alongside the CEO change, Fastly has also hired Rich Wong as its new Chief Financial Officer, effective August 7, 2025. Wong, who previously served as the first CFO for both Benchling and Houzz, will replace Ronald Kisling in the role. Kisling will continue to serve as a strategic advisor to the company.

In a separate press release on the same day, Fastly announced its financial results for the second quarter of 2025, reporting record revenue of $148.7 million. This strong performance sets the stage for the company's ambitious growth plans under its new leadership.

Compton praised Wong's "strong combination of strategic financial planning experience and vision, combined with a robust foundation in investment banking," stating that he will be an "excellent addition" to Fastly's leadership team as the company looks to grow and scale its business.