Austin, December 23, 2025
DISCO has announced the appointment of Aaron Barfoot as its new Chief Financial Officer, effective January 12, 2026. Barfoot brings over 20 years of experience in finance and corporate development from notable companies including Socure and Rackspace. His leadership is expected to enhance DISCO’s financial strategies and operational performance in the growing legal technology sector. This transition comes as DISCO continues to capitalize on demand for its AI-driven legal solutions, further solidifying its impact on Austin’s economic landscape.
DISCO Announces New CFO Appointment: What This Means for Austin’s Tech Scene
Aaron Barfoot to Lead Financial Strategies at DISCO, Driving Growth in Legal Tech
Austin, Texas – DISCO has made a significant leadership change by appointing Aaron Barfoot as its new Chief Financial Officer (CFO), effective January 12, 2026. This appointment comes as a part of DISCO’s ongoing commitment to innovation and growth within the burgeoning legal technology sector. As local entrepreneurs continue to thrive, the addition of experienced leaders like Barfoot to Austin’s business ecosystem is essential for fostering a conducive environment for economic growth.
Barfoot, who has over 20 years of experience in finance and corporate development, has a well-established background in the enterprise software and digital security sectors. Before joining DISCO, he was the CFO at Socure, where he played a pivotal role in scaling the company’s digital identity verification technology. His leadership is expected to amplify DISCO’s financial strategy and operational performance, especially as the demand for AI-driven legal services continues to expand.
Barfoot’s Background and Vision for DISCO
Austin’s tech community can look forward to Barfoot’s strategic vision, which aligns closely with DISCO’s focus on growth and innovation. His past experiences at influential companies such as Forter, Anaconda, ClearDATA, and Rackspace provide him with a robust foundation in managing financial operations in high-growth environments. Barfoot’s educational credentials include a Bachelor of Science in Economics from Baylor University, further enhancing his strategic financial perspectives.
DISCO’s Recent Performance Highlights
Underlining the strength of DISCO’s current operations, the company’s recent Q3 2025 earnings report showcased a commendable revenue of $40.9 million, marking a 6.3% increase from the previous quarter. Moreover, the company reported an earnings per share of -$0.01, which surpassed analyst expectations. This strong performance indicates a disciplined approach to cost management and highlights the increasing demand for DISCO’s AI-enhanced litigation platform.
The Transition of Leadership
As Aaron Barfoot prepares to step into the role of CFO, he will succeed Michael Lafair, who has been instrumental in the company’s financial stewardship. Lafair will remain with the company until January 11, 2026, ensuring a smooth transition that aims to uphold DISCO’s commitment to its clients and stakeholders. Effective leadership transitions are crucial for maintaining stability and confidence in the workforce during times of change.
DISCO’s Impact on Austin’s Economic Landscape
DISCO, which trades on the New York Stock Exchange, is known for developing cutting-edge cloud-native litigation technology solutions. As the company focuses on addressing the complexities of legal processes, its advancements in AI are positioning it as a key player in Austin’s tech landscape. The local economy benefits from such developments, which promote job creation and entrepreneurial success in the area. Continued investment in legal tech reflects a broader trend in Texas, where technology and innovation are driving economic growth.
Current Stock Market Performance
As of December 23, 2025, DISCO’s stock is trading at $8.12 per share, reflecting a minor decrease of 3.16% from the previous close. Such fluctuations in stock performance can be common in the tech industry; however, DISCO’s upward trajectory in revenue provides a positive outlook for investors and stakeholders.
Conclusion
The appointment of Aaron Barfoot as CFO at DISCO symbolizes a strategic move that aligns with the company’s goals to enhance its financial operations and drive further innovation in the legal technology sector. As the Austin business community continues to grow, embracing leaders with proven track records in driving change will be crucial for sustaining momentum in the local economy. Supporting local businesses like DISCO not only fosters innovation but also strengthens the overall economic fabric of Texas. Engaging with our local entrepreneurs and understanding the impacts of leadership changes are necessary steps in contributing to a thriving Austin TX business environment.
Frequently Asked Questions (FAQ)
Who is Aaron Barfoot?
Aaron Barfoot is a finance and corporate development professional with over 20 years of experience in enterprise software and digital security sectors. He has held senior finance roles at companies such as Socure, Forter, Anaconda, ClearDATA, and Rackspace.
What is DISCO’s primary business?
DISCO provides AI-driven legal software and services, offering cloud-native litigation technology solutions for law firms and corporations to streamline legal processes.
When will Aaron Barfoot start at DISCO?
Aaron Barfoot is set to begin his role as Chief Financial Officer at DISCO on January 12, 2026.
What was DISCO’s recent financial performance?
In Q3 2025, DISCO reported revenue of $40.9 million, a 6.3% increase from the previous quarter, and an earnings per share of -$0.01, surpassing analyst expectations.
Who is Michael Lafair?
Michael Lafair is the current Executive Vice President and Chief Financial Officer of DISCO. He will remain with the company through January 11, 2026, to ensure a smooth transition.
Key Features of DISCO’s Appointment of Aaron Barfoot as CFO
| Feature | Details |
|---|---|
| New CFO Appointment | Aaron Barfoot appointed as Chief Financial Officer, effective January 12, 2026. |
| Barfoot’s Experience | Over 20 years in finance and corporate development, with roles at Socure, Forter, Anaconda, ClearDATA, and Rackspace. |
| Educational Background | Bachelor of Science in Economics from Baylor University. |
| Company Overview | DISCO provides AI-driven legal software and services, focusing on cloud-native litigation technology solutions. |
| Financial Performance | Q3 2025 revenue of $40.9 million, a 6.3% increase from the previous quarter, and earnings per share of -$0.01. |
| Transition Period | Michael Lafair to remain as CFO through January 11, 2026, for a smooth transition. |
| Stock Information | As of December 23, 2025, DISCO’s stock is trading at $8.12 per share, reflecting a 3.16% decrease from the previous close. |
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