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Tableau Prepares for Its Next Act With a New CEO and an Ambitious Revenue Goal

The change in leadership at Tableau Software (DATA) got a hearty welcome in the markets on Tuesday, as founder, Chairman and CEO Christian Chabot announced a change in leadership. Amazon (AMZN) cloud veteran Adam Selipsky will become CEO of the company, which is slowly building up its foothold in the cloud, while Chabot will remain Chairman.

Shares of the data analysis and visualization company gained $7.01, or 12.78%, to $61.88 in Tuesday trading, pushing its market...