Proofpoint Inc executives and other stock owners filed with the SEC include: Gary Steele, Chairman of the Board, Chief Executive Officer Paul Auvil, Chief Financial Officer David Knight, Executive Vice President, General Manager, Security Products Blake Salle, Executive Vice President, Worldwide Sales Gary L. Steele, Chairman of Board & CEO A former Southern UK Champion, Steele was involved in a series of strap matches with rival Guy Thunder during the late 1990s and has occasionally teamed with Jake "the Snake" Roberts. Steele was the founding CEO of Proofpoint, and over the past two decades, he led the companys growth from an early-stage start-up to a leading, publicly traded security-as-a-service provider to some of the world's best known organizations. Splunk, Splunk>, Data-to-Everything and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. Gary Steele will start as CEO on April 11, and following his appointment, Smith will return to his previous role as chair of the board at the cybersecurity company. [12], In 2004, strict new HIPAA regulations governing financial disclosures and the privacy of health care data prompted Proofpoint to begin developing new products that would automatically identify and intercept outbound email containing sensitive information. Learn about our unique people-centric approach to protection. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Steele is a highly regarded technology executive with over 30 years of experience and a proven track record of successfully scaling SaaS operations and growing multi-billion dollar global enterprises. Splunk has landed Proofpoint founder and CEO Gary Steele as its next top executive to help the security and observability vendor further scale its business. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. What does this mean for our employees and stakeholders? Public Wi-Fi. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Steele has over 30 years of tech industry experience. Deliver Proofpoint solutions to your customers and grow your business. Accelerate value with our powerful partner ecosystem. 14. Gary L. Steele serves as Chairman of the Board, Chief Executive Officer of the Company. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. In addition, he makes $8,413,690 as Chairman of the Board and Chief Executive Officer at Proofpoint Inc. Gary has made over 116 trades of the Proofpoint Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. But along the way came software as a service (SaaS). SiliconANGLE co-founder and CEO John Furrier said at the time that Splunks board likely felt the need to reboot things to keep up with the scale of the cloud. Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. Were thrilled to welcome Gary to the Splunk team, and look forward to working with him to further scale the business and extend the value we provide our customers and partners., Splunk has built one of the most respected brands in tech and is at the forefront of security and observability. Privacy Policy Steele, who is currently the CEO of cybersecurity firm Proofpoint Inc., will assume the role on April 11, when he will also join Splunk's board of directors. Chart Data in Insider Trading History Table. SAN FRANCISCO, March 2, 2022 Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced that Gary Steele has been appointed Chief Executive Officer of Splunk, and as a member of the companys Board of Directors, effective April 11, 2022. While at Proofpoint, Steele. Learn about the benefits of becoming a Proofpoint Extraction Partner. It launched July 21, 2003, after raising a $7 million Series A funding round, releasing its first product, and lining up six customers as references, and was backed by venture investors Benchmark Capital and Stanford University. Learn More about Gary Steele's net worth. He added that Steeles unwavering commitment to driving innovation and customer success will be invaluable as Splunk strives to become a $5 billion annual revenue company. See why organizations trust Splunk to help keep their digital systems secure and reliable. In consideration of the severance benefits (the "Severance") offered to me by Proofpoint, Inc. (the "Company") pursuant to Separation Agreement by and between me and the Company, dated on or about the date hereof (the "Separation Agreement") and in connection with the termination of my employment, I agree to the following general release (the . The deal would create a security powerhouse that combines Ciscos strength in network and identity protection with Splunks prowess in security operations. There are 3 older and 11 younger executives at Proofpoint Inc. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. Steele also serves as a Trustee and Director at the San Francisco Museum of Modern Art. Sitemap, A Message from Gary Steele, CEO, Proofpoint, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. Gary Steele -- Chief Executive Officer and Chairman of the Board Thanks, Jason. See why organizations around the world trust Splunk. In a separate press release issued today, Splunk announced its fourth quarter and fiscal year 2022 financial results. We have always had a policy that we do not tolerate racism, harassment, or discrimination of any form. The jury unanimously found that Vade Secure "willfully and maliciously" misappropriated over a dozen trade secrets and infringed copyrights belonging to Proofpoint and its subsidiary, Cloudmark. At the time of its initial public offering (IPO), the company's shares traded at $13 apiece; investors purchased more than 6.3 million shares through the IPO, raising more than $80 million. Reduce risk, control costs and improve data visibility to ensure compliance. Opinions expressed by Forbes Contributors are their own. Steele, who is currently the CEO of cybersecurity firm Proofpoint Inc., will assume the role on April 11, when he will also join Splunks board of directors. Defend your data from careless, compromised and malicious users. Jason Starr - Proofpoint, Inc. Gary L. Steele - Proofpoint, Inc. Klaus . Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Gary Steele is President/CEO at Splunk Inc. See Gary Steele's compensation, career history, education, & memberships. Gary is a visionary leader whose software and cybersecurity expertise, deep understanding of SaaS and recurring revenue models, and unwavering commitment to driving innovation and customer success on a global scale will be invaluable to Splunk on our path to $5 billion and beyond, said Graham Smith, Interim CEO and Chair of Splunk. Thank you for your continued support. [30] Fortiva used Exchange journaling to automatically archive all internal and external communications so that end users can search all archived messages, including attachments, directly from a search folder in Outlook.[31]. We have about 100 of the Fortune 1,000. President and CEO Jan 2006 - Present17 years 2 months I have been CEO of KLA-Tencor since January of 2006. Biography of Gary Steele Mr. Gary L. Steele is an Independent Director at Upwork, Inc., an Independent Director at Vonage Holdings Corp. and a Chairman & Chief Executive Officer at Proofpoint, Inc. All other brand names, product names, or trademarks belong to their respective owners. After joining Proofpoint in November 2002, Steele led the company in its rise from an early-stage startup to a leading security-as-a-service provider. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. Connect with us at events to learn how to protect your people and data from everevolving threats. Its solutions also includes email protection, advanced threat protection, email authentication, data loss prevention, SaaS application protection, response orchestration and automation, digital risk, web browser isolation, email encryption, archiving, eDiscovery, supervision, secure communication, phishing simulation and security awareness computer-based training. The most recent stock trade was executed by Blake P. Salle on 1 July 2021, trading 1,000 units of PFPT stock currently worth $175,900. The . Ive dedicated my career to helping companies around the world safeguard their data, systems and infrastructure, and know firsthand how critical Splunks products and services have become, says Gary Steele. Gary Steele Proofpoint, Inc. At 49 years old, Gary Steele height not available right now. Cisco CEO Chuck Robbins responded to the rumors last month, saying: We are always disciplined and continue to focus on organic and inorganic opportunities You should expect us to continue to be very disciplined as we move forward. Spending $20 billion to buy Splunk would be the largest purchase in the networking giants 38-year history, which has featured nearly 240 acquisitions. 2005 - 2023 Splunk Inc. All rights reserved. The board of directors determined that Mr. Steele should serve as a director based on his position as our Chief Executive Officer and his understanding of the internet security industry. "Proofpoint Inc. In connection with this announcement, Graham Smith, who has served as Interim CEO since November 2021, will return to his role as Chair of the Splunk Board when Steele joins the company. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. Proofpoint Inc. is turning concerns about U.S. National Security Agency surveillance into a competitive advantage. We have estimated Episodes feature insights from experts and executives. [37] On November 4, 2015 Proofpoint acquired Socialware Inc., a compliance workflow & content capture and review technology company.[38]. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. VIDEO 04:59. Ive dedicated my career to helping companies around the world safeguard their data, systems and infrastructure, and know firsthand how critical Splunks products and solutions have become to customers as they navigate hybrid, multi-cloud environments with increasingly complex attacks and threat actors, Steele said. Become a channel partner. Steele holds a degree in computer science from Washington State University, and he serves on the board of directors for Malwarebytes, Synack, Vonage, and Upwork. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. We want to make sure you get the most out of our platform. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Proofpoint Headquarters located in Sunnyvale California. His net worth has been growing significantly in 2021-2022. As Chairman and CEO of Proofpoint Inc, Gary Steele has a total base salary of $594,583 . All rights reserved. Overview. watch now. Learn More on Proofpoint's active insiders. Disarm BEC, phishing, ransomware, supply chain threats and more. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. 76. In this capacity, he initiated and spearheaded all new Internet projects targeted at the enterprise. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Before Portera, Mr. Steele served as the vice president and general manager of the Middleware and Data Warehousing Product Group at Sybase, Inc., an enterprise and mobile software company. Staff Reporter April 27, 2021 Proofpoint announced that it has been acquired by Thoma Bravo for approximately $12.3 billion. He will be replaced on an interim basis by Ashan Willy, 50, who currently oversees product management, engineering, and threat research. Brian Mellone He is not dating anyone. We were devastated by the recent mass murder in Atlanta, which targeted Asian-owned businesses and where six of the eight people killed were women of Asian descent. Following the completion of the sale, the chief executive officer now directly owns 68,290 shares of the company's stock, valued at $8,869,505.20. Registration & Breakfast . In other words, hes likely to understand and value Splunks culture while also providing the business acumen the company needs to evolve and move into new markets.. employer identification no.) Learn More on Gary Steele's trading history. I'd like to thank, everyone, for joining us on the call today. Tom Taulliruns the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. Protect your people from email and cloud threats with an intelligent and holistic approach. Gary is a visionary leader whose software and cybersecurity expertise, deep understanding of SaaS and recurring revenue models, and unwavering commitment to driving innovation and customer success on a global scale will be invaluable to Splunk on our path to $5 billion and beyond, Smith said in a statement. Prior to Portera, Mr. Steele served as the vice president and general manager of the Middleware and Data Warehousing Product Group at Sybase, Inc., an organization of more than 350 people, spanning four geographies and generating $150M in revenue. Tue, Sep 6 2016 6:35 AM EDT. It was reviewed by ChannelWeb, which observed that it used a "combination of technologies: policy-based management, a spam-filtering engine and adaptive learning technology."[16]. Cocktail Reception. Learn about the human side of cybersecurity. Steele was previously chairman and CEO of Proofpoint, a formerly public cybersecurity company that in August was acquired by the private equity firm Thoma Bravo. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. Carlson does, however, have other interests, notably serving as the nonexecutive chair of KnightSwan Acquisition Corp. Thats a special-purpose acquisition company thats looking to merge with a promising startup that operates in the cloud computing, cybersecurity or mission intelligence markets. Splunks executive management team will host a conference call today, March 2, 2022, at 1:30 p.m. PT (4:30 p.m. Read focused primers on disruptive technology topics. An established thought leader in the cybersecurity space, Steeles expertise has been featured by outlets such as Forbes, CNBC, Fox Business, Fortune, Investors Business Daily, the Wall Street Journal, and MarketWatch. The goal of ICSA Labs' anti-spam product testing and certification is to evaluate product effectiveness in detecting and removing spam. [22] In May, 2008, the company's hosted offerings were expanded with the introduction of Proofpoint on DemandStandard Edition. Five insights you might have missed from the Dell-DXC livestream event, Interview: Here's how AWS aims to build new bridges for telcos into the cloud-native world, Dell addresses enterprise interest in a simpler consolidated security model, The AI computing boom: OctoML targets machine learning workload deployment, Automation is moving at a breakneck pace: Heres how that trend is being leveraged in enterprise IT, DIVE INTO DAVE VELLANTES BREAKING ANALYSIS SERIES, Dave Vellante's Breaking Analysis: The complete collection, MWC 2023 highlights telco transformation and the future of business, Digging into Google's point of view on confidential computing, Cloud players sound a cautious tone for 2023. To lure Steele from Proofpoint, Splunk offered him a base salary of $900,000, a cash signing bonus of $8 million, and a target annual bonus of 125 percent his annual base salary. He holds a B.S. Security leaders and organizations are going to need to figure out how do you defend people when they are sitting at home working from their couch just . The process was challenging and exhausting, but it turned out to be a remarkable experience. Thank you for accessing our content on the Topio Networks Market Intelligence Center.
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