Rohini Jain appointed as new CFO of BILL

SAN JOSE, Calif. - BILL (NYSE: BILL), a financial operations platform for small and midsize businesses, announced Monday that Rohini Jain will join the company as Chief Financial Officer effective July 7th. Jain, who brings over two decades of experience from her previous roles at PayPal, eBay, Walmart, and General Electric, will report directly to CEO and Founder René Lacerte. The appointment comes as BILL maintains a strong financial position with more cash than debt on its balance sheet and impressive gross profit margins of 84.5%, according to InvestingPro data.

In conjunction with Jain’s appointment, current President John Rettig will expand his role to include Chief Operating Officer responsibilities. This strategic move aims to accelerate BILL’s growth and strengthen its position in the market. The company’s focus on growth appears well-timed, as 14 analysts have recently revised their earnings expectations upward for the upcoming period, according to InvestingPro analysis.

Jain’s expertise lies in scaling growth companies and her vision aligns with BILL’s commitment to leveraging AI and innovative technology to support small and midsize businesses. As CFO, her role will encompass steering the finance strategy to propel BILL into its next growth phase.

BILL’s platform offers an integrated solution for businesses to manage payables, receivables, and spend and expense management more efficiently. The company’s network includes hundreds of thousands of businesses, which benefit from faster transactions facilitated by BILL’s technology.

The incoming CFO has expressed enthusiasm for guiding BILL into the future, emphasizing the transformative role AI is playing in finance and the potential it holds for businesses to gain strategic advantage.

This leadership change is a testament to BILL’s dedication to serving the needs of small and midsize businesses and accountants, as the company continues to innovate within the financial technology space.

The information in this article is based on a press release statement from BILL. Despite the stock’s significant decline of over 50% in the past six months, InvestingPro analysis suggests the company is currently undervalued, with analysts maintaining a positive outlook. For deeper insights into BILL’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers, along with 11 additional ProTips and extensive financial metrics.

In other recent news, Bill.com Holdings Inc. reported its financial results for the third quarter of 2025, surpassing expectations with an earnings per share of $0.50, compared to the forecasted $0.37, and achieving a total revenue of $358 million, slightly above the anticipated $356.65 million. Despite these positive earnings, the company provided a cautious fourth-quarter guidance, reflecting broader economic conditions impacting its small and medium-sized business customer base. Evercore ISI responded by lowering its price target for Bill.com to $50 from $65, maintaining an In Line rating, while BMO Capital Markets raised its price target to $52 from $47, keeping a Market Perform rating. Analysts from BMO Capital expressed concerns about a slower-than-expected recovery into fiscal year 2026 due to moderating customer spending and monetization trends. However, they noted potential positive drivers such as pricing actions and new product offerings. Additionally, Bill.com announced new product launches aimed at enhancing its core services and expanding its capabilities for larger businesses, which could influence future growth. The company anticipates further revenue growth for the fourth quarter, projecting total revenue between $370.5 million and $380.5 million.

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