You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that Nat Natarajan will join the company as its Executive Vice President of Products and Engineering. Natarajan, who joins from Ancestry where he was Chief Product Officer and Chief Technology Officer, will be responsible for leadership of RingCentrals products, engineering, cloud operations, IT, and security teams. Natarajan brings more than 20 years of experience as a global operations, product, technology, and organizational leader. He has a reputation for developing highly innovative products, building successful and high-performing teams, and spearheading results-driven transformational change. As Executive Vice President and Chief Product and Technology Officer at Ancestry, Natarajan led a team responsible for product development, engineering, data science and technology strategy and implementation. He led the companys digital transformation, increasing the pace of innovation and moving Ancestrys 23+ petabytes of data to the cloud, unlocking Artificial Intelligence (AI) and Machine Learning (ML) capabilities to deliver smart, personalized experiences to millions of customers globally. Prior to Ancestry, Natarajan was Senior Vice President, Chief Product and Technology Officer for Intuits TurboTax, where he was responsible for product innovation that included driving broad customer adoption of their mobile apps. He was also the companys Chief Information Security and Fraud Officer, where he led the development of the companywide vision and strategy for information security. Before Intuit, Natarajan held multiple senior roles at PayPal, including Vice President of Global Product Development and Vice President of Platform Engineering and Operations. It is my pleasure to welcome Nat to RingCentral. Nat brings deep product and technology expertise combined with a customer-centric approach that aligns perfectly with our philosophy at RingCentral and the opportunity ahead supporting a world of Work from Anywhere, said Anand Eswaran, President and Chief Operating Officer at RingCentral. RingCentral has always had a clear focus on bringing the latest communications innovation to enterprises globally. Nat brings deep expertise in cloud computing, security, and reaching communities and users at scale. His experience and product leadership at Ancestry, Intuit and PayPal, where user-centric innovation velocity was critical in making a difference to people every day, is a great asset for the innovation journey ahead at RingCentral. I am excited with the opportunity to help deliver innovations to enterprises globally as they go through their digital transformation to enable everyone productively working from anywhere, said Natarajan. The concept of the workplace is evolving, and RingCentral has been at the forefront of this movement with a proven track record of success in enabling businesses of all sizes to effectively communicate and collaborate, from anywhere, in any mode, and on any device. The companys leadership in the industry is a testament to the success of the product, and I look forward to building upon the great work the team has already done to further accelerate innovation and help cement RingCentrals industry position for the future. Kira Makagon, RingCentrals Executive Vice President and Chief Innovation Officer, will partner closely with Natarajan during his onboarding, before taking on her next challenge, creating and leading RingCentrals new strategic initiative - RingCentral Ventures. RingCentral Ventures will aim to be an active strategic partner working with talented startups across a number of disciplines with the goal of fostering innovation, enhanced user experiences, and further productivity improvements as enterprises worldwide are bringing all their communications to the cloud as part of their digital transformation initiatives. RingCentral Ventures is planned to be launched in 2021. I am excited to welcome a leader of Nats caliber to RingCentral. RingCentrals goal is to enable enterprises worldwide to transition their communications infrastructure to the cloud, while benefiting from enhanced functionality, reliability, security, and employee productivity. This is especially timely and critical given the latest employee mobility and work-from-anywhere trends. Were delighted to welcome Nat to the team to help lead the next chapter in RingCentrals innovation and technology leadership, said Vlad Shmunis, Founder, Chairman and CEO of RingCentral. I also want to thank our Chief Innovation Officer, Kira Makagon, for her tireless dedication, leadership and vision, which have been paramount to RingCentrals success to date. I very much look forward to her continued impact to RingCentral, and industry as a whole, as she launches and leads RingCentral Ventures to partner with the startup community so as to help bring the latest thinking and technology innovation to our customers. About RingCentral RingCentral, Inc. (NYSE: RNG) is a leading provider of cloud Message Video Phone (MVP), customer engagement and contact center solutions for businesses worldwide. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentrals open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world. 2020 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP and the RingCentral logo are trademarks of RingCentral, Inc.

Answer: Veteran Software Executive Rajesh Nat Natarajan Joins RingCentral to Lead Product and Engineering