Welcome to our dedicated page for Godaddy news (Ticker: GDDY), a resource for investors and traders seeking the latest updates and insights on Godaddy stock.
GoDaddy Inc. (NYSE: GDDY) provides essential tools for entrepreneurs to build and grow online businesses through domain services, web hosting, and AI-powered solutions. This news hub delivers official updates and third-party analysis about the company’s strategic direction, product innovations, and market performance.
Access real-time information on earnings announcements, leadership changes, technology partnerships, and service expansions. Investors will find filings-related updates while business owners discover tools like GoDaddy Airo AI enhancements and ecommerce feature rollouts. Media professionals gain insights into industry trends shaped by the company’s 21M+ customer ecosystem.
Content spans quarterly financial results, cybersecurity initiatives, acquisitions, and corporate responsibility programs. Bookmark this page for verified updates about domain industry developments, web hosting infrastructure improvements, and integrations supporting small business digital growth.
GoDaddy (NYSE: GDDY) has elected Graham Smith as a new independent director as of June 26, 2024. Smith will serve as a Class I director until the 2025 annual meeting, where all directors will stand for election. He joins the Audit and Finance Committee. Smith's extensive experience includes leadership roles at top technology companies, such as Salesforce, Splunk, and Oracle. GoDaddy's board chair Brian Sharples and CEO Aman Bhutani both expressed confidence in Smith's ability to drive growth and profitability. Smith currently serves on the boards of Axon Enterprise and Procore Technologies.
Trish Brown, the Senior Global Recruiting Operations Manager at GoDaddy, shares insights into her career and experiences at the company. Trish joined GoDaddy in November 2021 and has since expanded her role to support global recruiting operations. She recounts a proud moment where the Talent Acquisition leadership team aided a colleague affected by a cyclone. Emphasizing diversity and inclusion, Trish prioritizes creating a connected, inclusive team environment. She describes GoDaddy's culture as balanced, with a focus on work-life balance through flexible schedules and Wellness Days. Trish advises potential candidates to excel in their roles and stay updated on industry trends. Outside of work, she enjoys family time, travel, and various hobbies.
GoDaddy's 2023 Sustainability Report highlights its commitment to cybersecurity and data privacy. The company maintains comprehensive cybersecurity programs and adheres to regulatory standards. The Board oversees cybersecurity risk management through its Audit and Finance Committee, receiving regular updates from the Chief Information Security Officer (CISO). GoDaddy employs proactive monitoring, Security by Design principles, and aligns with standards like PCI-DSS and ISO 27001. The Privacy Officer leads data privacy efforts, ensuring compliance with global regulations. Notably, GoDaddy certified its compliance with the U.S.-E.U. Data Privacy Framework in 2023. Employee training and incident response protocols are emphasized, aiming to adapt to evolving cybersecurity and data privacy landscapes.
GoDaddy highlights Senior Software Engineer Hillary Jeffrey, who has been with the company for nearly two years. Hillary works on the Platform Team for Recommendations as Data (RAD) and Switchboard and is a leader in the Employee Resource Group (ERG) GD United, supporting the LGBTQIA+ community.
Hillary values GoDaddy’s collaborative culture, shared accountability, and social engagement, including mentoring women in tech through the GDWIT ERG. Hillary’s achievements include rebuilding a compute cluster and fostering team inclusivity. Outside of work, Hillary enjoys outdoor activities and creative pursuits.
Hillary emphasizes the importance of authenticity, supporting diverse identities, and staying curious. Allies are encouraged to listen, ask questions, and educate themselves about the LGBTQIA+ community. Follow GoDaddy's social channels to learn more about their culture and career opportunities.
GoDaddy's 2023 Sustainability Report highlights its commitment to environmental protection by focusing on high-impact areas like data centers and corporate real estate. The company set and achieved a goal to reduce scope 1 and 2 emissions by 50% from a 2019 baseline by 2025, achieving an 82% reduction by the end of 2023. Renewable energy coverage increased from 28% in 2019 to 65% in 2023. The report also details energy-efficient technologies, consolidation of data centers, and the use of renewable energy in its operations. Additionally, GoDaddy's hybrid work model and real estate optimization have reduced its physical footprint significantly. The company also emphasizes waste reduction, including e-waste recycling, and showcases the success of entrepreneurs like Lauren Wenderoth of The Village Refillery, who aligns with GoDaddy's mission by promoting sustainable living.
GoDaddy emphasizes the importance of ethical and responsible use of generative artificial intelligence (GenAI) in its newly released 2023 Sustainability Report. The report highlights how small businesses can leverage GenAI for innovation while safeguarding against risks like misinformation and algorithmic bias. A January 2024 survey of over 500 U.S. small business owners shows a growing adoption of GenAI, with 89% not worried about its negative consequences. Key principles for responsible AI include fairness, transparency, accountability, and privacy. Practical steps are recommended for ethical AI use, such as avoiding sensitive data entry and manually reviewing AI-generated content. GoDaddy's Empower program supports entrepreneurs in underserved communities by providing digital tools and AI education. Launched in 2023, GoDaddy Airo uses GenAI to assist entrepreneurs in building their online businesses. An AI governance council oversees the ethical implementation of these technologies.
GoDaddy's 2023 Sustainability Report highlights the company's efforts to enhance employee experience through career development, competitive compensation, and an inclusive culture.
The report emphasizes initiatives like inclusive recruitment practices, fair performance reviews, and promotion parity, with partnerships aimed at supporting diversity.
Employee engagement is fostered via programs like GoDaddy Fun Fund and Everyday Champions, while learning and development opportunities are provided through various summits, workshops, and digital courses.
Leadership training is prioritized with dedicated programs for new and existing managers.
The company also focuses on employee wellness, offering comprehensive benefits, mental health support, and professional development funds.
In 2023, GoDaddy employees contributed over 4,600 volunteer hours and nearly $1 million in donations, reflecting the company's commitment to community and inclusive entrepreneurship.
GoDaddy's 2023 Sustainability Report highlights the company's ongoing commitment to pay parity. For the ninth consecutive year, GoDaddy achieved global gender pay parity, and for the seventh year, ethnicity pay parity in the U.S. The report states that women earn $1.00 for every $1.00 a man earns at the company level. For U.S. employees, individuals of color earn $1.01 for every $1.00 earned by white employees. Despite these milestones, discrepancies exist in specific roles and demographics, with non-binary employees making $0.97 and certain ethnic groups like American Indians earning $0.96 compared to their peers.
June marks Pride Month, a period celebrating the LGBTQIA+ community's diversity, love, and acceptance while reflecting on their struggles and achievements. Originating from the 1969 Stonewall Uprising, Pride has evolved from protests to lively parades and events. Today, it reminds us of the ongoing fight for equality and the progress made. Suggestions for involvement include attending local Pride events, educating oneself on LGBTQIA+ history, supporting related organizations, amplifying LGBTQIA+ voices, and being an ally. Emphasizing diversity and love, Pride Month honors past progress and recommits to future equality.
Srinivasa Rao Sharma, a Senior Business Analyst II at GoDaddy, shares his journey from Chennai, India, to the US, where he pursued a graduate degree at Purdue University. Starting at GoDaddy in 2022, Srini has optimized data products and dashboards, significantly impacting business performance. He emphasizes the importance of Asian Heritage Month in recognizing cultural diversity and fostering workplace inclusion. Srini also highlights his inspirations and personal mantras that guide his professional and personal life.