Breaking
Christa Quarles named CEO of standalone Parallels after KKR-backed spinoff from Corel Parallels Workspace Solutions delivers 49% net new ARR growth in 2025 Parallels Desktop crosses 1 million customers worldwide Former OpenTable CEO led company from 0% to 50% women in senior leadership at Corel Lead Independent Director at Affirm Holdings since 2018 Carnegie Mellon grad who helped take Google public - now building the future of remote work Christa Quarles named CEO of standalone Parallels after KKR-backed spinoff from Corel Parallels Workspace Solutions delivers 49% net new ARR growth in 2025 Parallels Desktop crosses 1 million customers worldwide Former OpenTable CEO led company from 0% to 50% women in senior leadership at Corel Lead Independent Director at Affirm Holdings since 2018 Carnegie Mellon grad who helped take Google public - now building the future of remote work
Chief Executive Officer • Parallels • San Francisco

Christa
Quarles

The executive who helped take Google public is now making remote work actually work - for a million people at a time.

CEO, Parallels KKR-Backed Ex-OpenTable CEO Affirm Board Harvard MBA CFA
Christa Quarles

Christa Quarles — CEO, Parallels

She is the sixth of seven kids from Pittsburgh - the child who had to invent her own firsts. Her father worked at a steel mill. Her mother taught school. By the time she arrived, the family had already done everything there was to do, which meant Christa Quarles spent her early years learning a skill that would define her entire career: finding an edge no one else noticed yet.

She graduated first in Carnegie Mellon's economics department. Won a Phi Beta Kappa key. Ran varsity cross country and basketball. Earned a CFA designation. Got an MBA from Harvard. Joined a boutique West Coast investment bank called Thomas Weisel Partners and spent a decade covering the internet sector - including the day Google went public in 2004.

Most analysts would have stayed on Wall Street. Quarles pivoted. In 2009, she walked into Playdom, a social gaming startup, as CFO. Disney bought it in 2010. She got promoted three times in three years and ended up running all of Disney Interactive's mobile and social games - and turning the division profitable. From there: Chief Business Officer at Nextdoor, then CFO, then CEO at OpenTable. By November 2015, she was running one of the world's most-used restaurant platforms, with 43,000-plus restaurants and 24 million diners passing through monthly.

The details from her OpenTable tenure reveal more than the headline numbers. She personally visited over 100 restaurants to collect customer feedback before making product decisions. She implemented resume-anonymizing filters in the hiring process - a single policy change - and the following quarter, 50% of new engineering hires were women. Not a diversity initiative. A systems fix. She would later summarize the lesson with characteristic concision: "You sink to the level of your systems."

In September 2020, KKR asked her to run Corel Corporation - a software company best known for CorelDRAW and WordPerfect, carrying a portfolio of over a dozen products and a reputation for being exactly as exciting as that sentence sounds. She said yes. Within two years, she had rebranded the company to "Alludo" (a play on "All You Do"), shifted the entire business toward subscription revenue, and taken women in senior leadership from zero to 50 percent. In the middle of a global pandemic, she built a remote-first culture where 95% of employees worked from home - not as a crisis response, but as a permanent operating model.

Her operating philosophy has a name: "leadership by haiku." Constraints, she argues, don't strangle creativity - they fuel it. Great companies get more innovative the tighter the box they're handed. It is a philosophy forged from a life spent making something out of nothing: a seventh child with no firsts left, a Wall Street analyst who spent years "shutting off the feminine components of who I was" to fit into a room full of men, a CEO who found her voice by deciding to stop performing and start leading.

In February 2026, Corel announced a strategic split. Vector Capital acquired the creativity and productivity brands - CorelDRAW, MindManager, WinZip. KKR kept Parallels, the desktop virtualization and remote-work platform. Quarles went with KKR. As standalone CEO of Parallels, she is now running the play she spent five years setting up: a focused, independent software company with over a million customers and 49% net new ARR growth in 2025. The genie, as she put it, is out of the bottle.

Culture is how people make decisions when you're not in the room. The only way a leader can shape a culture is to lead by example.
Christa Quarles
1M+ Parallels Desktop customers
49% Net new ARR growth (2025)
50% Women in senior leadership at Corel/Alludo
43K+ Restaurants on OpenTable under her leadership

From Pittsburgh to
a billion-dollar software company

Mid-1990s - 2009
Equity Research, Thomas Weisel Partners
Covered internet and tech for nearly a decade. Part of the team that took Google public in 2004. Earned her CFA. Learned to read markets and people - skills she would carry into every operating role that followed.
2009
CFO, Playdom
First operating role. A bet on herself that she describes as "super scary." Disney acquired Playdom in 2010 for $563 million - and Quarles went with the company.
2010 - 2014
SVP & GM, Mobile and Social Games - The Walt Disney Company
Three promotions in three years. Led Disney Interactive's games division to profitability. Managed a portfolio of mobile and social gaming products inside one of the world's most demanding brand environments.
2014 - 2015
Chief Business Officer, Nextdoor
Oversaw business development, HR, legal, finance, and long-term monetization strategy at the neighborhood social network.
2015 - 2018
CEO, OpenTable (Booking Holdings)
Joined as CFO and became permanent CEO within six months. Scaled to 43,000+ restaurants and 24 million monthly diners. Launched GuestCenter, a cloud-based restaurant management platform. Implemented resume-anonymizing filters - and hit 50% women engineers hired the following quarter.
2019 - 2020
Operating Partner, Advent International
Provided operational guidance and due diligence for private equity investments across consumer, marketplace, and fintech sectors.
2020 - 2026
CEO & Executive Chair, Corel Corporation / Alludo
Appointed by KKR. Rebranded to Alludo in 2022. Unified a portfolio of 12+ software products. Built a remote-first culture. Drove women in senior leadership from 0% to 50%. Set up the strategic split that created standalone Parallels.
2026 - Present
CEO, Parallels (KKR)
Independent company after the February 2026 Corel split. 1M+ customers. 49% net new ARR growth in 2025. Focused entirely on desktop virtualization and the future of remote and hybrid work.
The Quarles Philosophy
"Most great companies - when given a set of constraints - become much more innovative and creative as a result."

She calls it "leadership by haiku." The idea that tightening the box doesn't limit what's inside it. It concentrates it. She has been proving the point for 25 years.

Off the record, on the record

She practices Iyengar Yoga. Has for 22 years. Not as a lifestyle brand signal - as a grounding tool. Before difficult decisions, she returns to the mat. It is a discipline that suits her operating style: precise, load-bearing, impossible to fake.

She also plays pickup ice hockey at the Wilson Rink in San Francisco. A woman who runs software companies and takes shifts on the ice is not trying to be interesting. She just is.

Fortune's Adam Lashinsky once said she has "one of the highest signal-to-noise ratios" he had encountered in any executive. Lashinsky covers a lot of executives. The compliment is specific in the way that counts.

She spent years on Wall Street "basically shutting off the feminine components of who I was." Later, she described becoming a more authentic leader as "coming out as a woman" - a phrase that is both personal and precise about what the industry asked her to suppress. She wrote a Medium essay titled "For All The Men Cheering Us On," honoring the male allies who had actually shown up. She named names.

On motherhood and work: "For the majority of my career, I almost pretended not to have a family." Then she stopped pretending and discovered that the things she'd been hiding - the chaos, the context-switching, the relentless attention to other people's needs - were exactly the skills a CEO requires.

She is, by her own description, someone who thrives "at the intersection of data and vision." Not the data people who never have a view. Not the visionary types who never checked the numbers. The overlap. The rarest kind of operating executive.

Quick Profile
Current Role CEO, Parallels (KKR)
Location San Francisco, CA
Education BS Carnegie Mellon
MBA Harvard
CFA Charter
Previous CEO OpenTable
Corel / Alludo
Board Seats Affirm Holdings
(Lead Ind. Director)
Backed By KKR ($1B acquisition)
Hometown Pittsburgh, PA
Interests Iyengar Yoga
Ice Hockey
Two kids
Twitter @cquarles

What she actually did

Part of the team at Thomas Weisel Partners that took Google public in 2004.
Led Disney Interactive's mobile and social games division to profitability, earning three promotions in three years.
Implemented resume-anonymizing filters at OpenTable; next quarter saw 50% women in engineering hires.
Scaled OpenTable to 43,000+ restaurant partners and 24 million monthly diners.
Raised women in senior leadership at Corel/Alludo from 0% to 50% within two years of becoming CEO.
Led full rebrand from Corel to Alludo in 2022, repositioning a legacy software company around the future of work.
Drove Parallels Workspace to 49% net new ARR growth in 2025 as a standalone business line.
Grew Parallels Desktop to 1M+ customers worldwide, cementing it as the leading Mac virtualization platform.
Lead Independent Director at Affirm Holdings since 2018; chairs the Nominating & Governance Committee.
Graduated first in her economics department at Carnegie Mellon; elected to Phi Beta Kappa.

What she says when she means it

"Culture is how people make decisions when you're not in the room."

On leadership

"Transparency, I believe, is the cornerstone of successful leadership. It paves the way for open, honest conversations and a no-B.S. feedback loop."

On transparency

"I thrive at the intersection of data and vision."

On her operating style

"The more power you have amassed, you can be a lot more vulnerable. That is authentic leadership."

On vulnerability and power

"If you don't know your value, you can't credibly ask for it or advocate for it."

On self-advocacy

"You sink to the level of your systems."

On systemic change

"Most great companies - when given a set of constraints - become much more innovative and creative as a result."

On leadership by haiku

"A bet on myself was a good risk to take."

On career transitions

"Success in my mind now is am I changing the lives of the people that I interact with daily?"

On what success means

The facts that explain everything

7th
Sixth of seven kids from a working-class Pittsburgh family. Dad at a steel mill. Mom a teacher. No "firsts" left in the family - so she invented her own.
2004
The year Google went public. Quarles was on the Wall Street team that made it happen at Thomas Weisel Partners.
22yrs
Years of Iyengar Yoga practice. Not a phase. A precision discipline she uses as a grounding tool before difficult decisions.
50%
Women engineers hired at OpenTable the quarter after she anonymized resumes. One policy change. One quarter. That's a systems fix.
100+
Restaurants she personally visited as OpenTable CEO to collect customer feedback. She didn't survey. She showed up.
3x
Promotions in three years at Disney Interactive. She went from financial role to leading all mobile and social games - and turned the division profitable.

The operating system underneath

Direct communicator
Data-driven visionary
Systems thinker
Authentic leader
Diversity champion
Remote-first operator
Iyengar yogi
Pickup hockey player
Competitive from birth
High signal-to-noise
Constraint-embracer
Transparency evangelist

Christa Quarles in conversation