Stripe hires Mike Clayville as Chief Revenue Officer

• Mike joins at an inflection point for Stripe as the company accelerates its march into the enterprise and businesses ramp up investment to serve customers through digital channels.

• Mike joins from Amazon Web Services (AWS) where he was Vice President-Worldwide Commercial Sales and Business Development.

• Stripe’s enterprise customer momentum continues unabated as the company strikes new partnerships with Atlassian, Instagram, Lightspeed, Maersk, Twilio, and Zoom Video Communications.

SAN FRANCISCO—Stripe, a global technology company building economic infrastructure for the internet, today announced that Mike Clayville is joining the business as Chief Revenue Officer. A 36-year sales veteran of AWS, VMware and BEA Systems, Mike will be charged with leading and growing Stripe’s global sales organization as the company enters its next phase of growth. As the world economy shifts online and enterprises pivot with alacrity to internet commerce, Mike will scale Stripe to enable more startups and empower enterprises, and anticipate the technology they need to thrive.

“Stripe is at the sharpest point of its inflection curve and there couldn’t be a more exciting time for me to join,” Mike commented. "One of my greatest passions is helping to build scalable go-to-market organizations, which is why I believe joining the Stripe team now is the right move for me. Stripe has powered digital pioneers and market disruptors across all industries and I’m excited to join at the building phase of a company operating on such a long time horizon. There’s an incredible opportunity to set the right foundations such that today’s work will pave the way for success in generations to come—I’m delighted to be a part of it.”

Under Mike’s leadership, AWS grew to $43 billion in annual revenue as the market leader in cloud services for startups and enterprises globally. He built AWS’s customer base to millions of businesses in over 170 countries, helping startups and Fortune 500 companies alike create new revenue streams, improve operational efficiency and reduce business risk. Outside of work, Mike is passionate about cancer research and serves as a board member of Fred Hutchinson Cancer Research Center.

Mike joins Stripe at a time when its rapidly expanding customer base is adapting to the new economy of 2020. Instagram is tapping Stripe for a new way to fundraise for personal causes; Notarize launched a platform on Stripe to keep notaries working remotely; and Zoom switched to Stripe to enable remote working for hundreds of millions of people.