Deel Appoints Joe Kauffman as President and CFO
Deel, a global payroll and HR platform, has named Joe Kauffman as President and Chief Financial Officer, effective right away. In his new position, Kauffman offers more than 25 years of leadership expertise. He most recently worked at Credit Karma as CFO and subsequently as CEO, after spending a decade in CFO and President positions.
In the past, he held key positions at Ribbit Capital, TAL Education Group, New Oriental Education & Technology Group, and The Coca-Cola Company.
“While at Credit Karma, Kauffman operated with CFO-level precision and founder-like intuition, spearheading international growth and increasing revenue from over $100M to $2.3B, all while raising operating margins to 37 percent,” according to reports.
Kauffman takes over from Philippe Bouaziz, who is transitioning to a different position within the company. Deel announced, “In this transition, Philippe Bouaziz, who has been Deel’s CFO since its inception, will assume the newly created position of Executive Chairman and Chief Strategy Officer, ensuring the continued direction of Deel's strategic growth and future vision.”
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"With Philippe Bouaziz at the helm of its finances, Deel has evolved from a nascent startup into a reliable global platform catering to more than 37,000 companies in over 150 nations." The business has been making profits for over three years and has recently exceeded $1 billion in yearly recurring revenue. Deel has secured more than $1 billion in investments from top investors and currently has a valuation surpassing $17.3 billion,” it stated.
Bouaziz stated, “Observing Deel evolve into its current form has been one of the most fulfilling experiences of my professional journey. Joe offers remarkable expertise and enthusiasm that will aid in defining Deel’s upcoming achievements.
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Alex Bouaziz, Co-Founder and CEO of Deel, said, “Having someone of Joe’s caliber join Deel says everything about where we are today and where we’re going. Joe brings a rare combination of deep leadership acumen, operational expertise, and a genuine passion for people—qualities that align perfectly with our culture and mission. His decision to join Deel is a strong validation of the company we’ve built and the leadership position we hold in the market. Joe’s depth of experience will help us continue to operate from a place of strength—advancing our mission with discipline, impact, and global reach.”
Kauffman also shared, “What Alex and Shuo have built is truly exceptional. It’s not just great payroll and HR technology—it’s a movement transforming how people work and get paid around the world. "
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"I was drawn to Deel because of its unique culture — a market leader obsessed with innovation and customer success, growing at an exceptional pace and yet still operating with the speed and flexibility of a startup. You can feel the ambition and forward momentum in every conversation here. It’s an exciting time to join, and I’m looking forward to helping fuel the company’s next chapter of growth,” adds Joe.