Big data software company Splunk Inc. unveiled its new chief executive officer today, about three months after its longtime leader Doug Merritt stepped down from the company. CEO Gary Steele recently spoke with the Wall Street Journal about how Proofpoint goes the extra mile to keep your data safe - even from government data requests. As a public company, Proofpoint had a long history of strong growth combined with compelling free cash flow. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Under Mr. Steeles leadership, Portera raised more than $100M in capital from some of the leading venture capitalists including Kleiner Perkins, IVP, and American Express, and grew the business from its initial concept to $20M in revenue. Its the second successive quarter in which Splunk has topped analysts targets. At 49 years old, Gary Steele height not available right now. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. Connections. The court will decide punitive damages for Vade Secure's . gov. Same platform but with new and improved features. "There are huge benefits to collaboration," says Proofpoint CEO Gary Steele.. "However, I do believe fundamentally that this work from home economy that we're living in is going to change the face of work. March 24, 2021 Gary Steele, Chief Executive Officer and Chairman of the Board On behalf of Proofpoint, I want to say that we are saddened and angered by the racially motivated violence and harassment targeting people of Asian descent. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. Not only has he founded and led successful startup companies, but Steele also has a substantial history of delivering the financial and leadership goods as a C-level executive, King pointed out. On average, Gary trades about 17,213 units every 18 days since 2013. Protect your people from email and cloud threats with an intelligent and holistic approach. He succeeds Gary Steele, who as founding CEO of Proofpoint is stepping down after having served in the role for the past 19 years. Additionally, in June 2008, Proofpoint acquired Fortiva, Inc., a provider of on-demand email archiving software for legal discovery, regulatory compliance and email storage management. 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, Steele said in a statement. Others Named Gary Steele. The goal of ICSA Labs' anti-spam product testing and certification is to evaluate product effectiveness in detecting and removing spam. A jubilant Gary Steele, Proofpoint's chief exec, told legal newswire Law360: "While we welcome fair competition and collaboration within the cybersecurity community, the misappropriation, copying and theft of our intellectual property required us to vigorously enforce our rights." He is a member of famous with the age 49 years old group. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Gary has overall responsibility for business strategy, communicating with stakeholders, championing corporate social responsibility (CSR) and ensuring the senior leadership team is positioned to excel. Find the information you're looking for in our library of videos, data sheets, white papers and more. Reduce risk, control costs and improve data visibility to ensure compliance. [15], Another product introduction in November 2004 included Protection Server 3.0, with Email Firewall and MLX-based Dynamic Reputation Analysis, and the Content Security Suite, plug-in modules designed for scanning outbound messages and their attachments to assist in compliance with data protection regulations such as SarbanesOxley, HIPAA, and GrammLeachBliley. Staff Reporter April 27, 2021 Proofpoint announced that it has been acquired by Thoma Bravo for approximately $12.3 billion. Get deeper insight with on-call, personalized assistance from our expert team. Episodes feature insights from experts and executives. Gary Steele is the Chief Executive Officer at Proofpoint since November 2002. The firm's security and compliance platform comprises of an integrated suite of threat protection, information protection, and brand protection solutions. Disarm BEC, phishing, ransomware, supply chain threats and more. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. Jason Starr - Proofpoint, Inc. Gary L. Steele - Proofpoint, Inc. Klaus . 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. [32] It uses a blend of sandbox analysis, reputational analysis, automated threat data, human threat intelligence and attributes such as sender/recipient relationship, headers, and content, and more to detect potential threats. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. Privacy Policy Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. Proofpoint's security portfolio includes products that stop both traditional cyberattacks (delivered via malicious attachments and URLs) and socially engineered attackssuch as business email compromise (BEC) and credential phishingthat do not use malware. PROOFPOINT, INC. (Exact name of Registrant as specified in its charter) Delaware 51-0414846 (State or other jurisdiction of incorporation or organization) (I.R.S. While it operates out of the same region and has revised some of the regional Mid-Atlantic championships, it isn't the same promotion once owned by Jim Crockett, Jr. and sold to Ted Turner in November 1988. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. So we combined the two. Learn about how we handle data and make commitments to privacy and other regulations. 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. I look forward to accelerating Proofpoints role as the trusted threat, compliance, and information protection provider at our customers, Willy said in a statement. Expands Executive Team, Hires Klaus Oestermann as President and Chief Operating Officer; Proofpoint's Board of Directors Appoints CEO Gary Steele as Chairman as Eric Hahn Announces Retirement", "Proofpoint: Number of Employees 2011-2019 | PFPT", "Thoma Bravo Completes Acquisition of Proofpoint", Proofpoint adds funding, San Jose Business Journal, Oct 14, 2003, "Proofpoint Agreed To Be Acquired By Thoma Bravo", Fighting Spam, Fueling Growth, InformationWeek Research's Outlook 2004 Survey, Proofpoint improves spam prevention, Nov 3, 2003, NetworkWorld, IronPort, Proofpoint appliances target spam, NetworkWorld, March 15, 2004, BorderWare and Proofpoint boxes are both capable spam combatants, Infoworld, May 28, 2004, "ProofPoint Appliance Stands Guard At E-Mail Gate", "Proofpoint, Voltage Team on E-Mail Encryption", CRN Test Center Review: A Virtual Solution To Spam, ChannelWeb, Apr 23, 2007, "Earth Times: show/icsa-labs-introduces-formal-testing-of-anti-spam-products,345941.shtml", "Proofpoint jumps into security services fray", "Proofpoint Offers On Demand Email Security for SMBs", "Proofpoint Enterprise Protection: Product overview", "Proofpoint Email Encryption: Product overview", "Proofpoint releases Proofpoint Intelligent Supervision | Compliance Week", "The Forrester Wave: Digital Risk Monitoring, Q3 2016", "FBI: Email Scams Take $3.1 Billion Toll on Businesses", "Proofpoint Announces Intelligent Supervision and Compliance Gateway to Help Customers with FINRA and SEC Audits | Proofpoint", "Social Media Phishing Soars, New Trend Is Fake Customer Service", "Proofpoint acquires Nexgate for $35 million", "nexgate-blog-proofpoint-acquires-socialware--expan", "Proofpoint Signs Definitive Agreement to Acquire Illusive", "Proofpoint Enters into Definitive Agreement to Acquire InteliSecure; Augments People-Centric Managed Services Offering | Proofpoint US", "Proofpoint's (PFPT) Q1 Earnings Top Estimates, View Slashed", "Proofpoint Enters into Definitive Agreement to Acquire ObserveIT for $225 Million in Cash; Extending Leadership in People-Centric Security and Compliance to Deliver Post-Perimeter Data Loss Prevention | Proofpoint US", "Software-Defined Perimeter in the Cloud", "Proofpoint acquires Meta Networks to strengthen its cloud-based architecture and its security platform", "Proofpoint Acquires Meta Networks for Nearly $120m", "Wombat Security acquired for $225M by Silicon Valley cybersecurity company", "Proofpoint completes Wombat acquisition, aims to increase revenue by millions", "Proofpoint Enters into Definitive Agreement to Acquire Weblife for $60 million; Extends Protection Capabilities to Enterprise Users' Web-based Personal Email", "Proofpoint acquires Cloudmark for $110M in cybersecurity consolidation play", "Proofpoint acquires Israeli Firelayers for $55 million", "Proofpoint pays $55 million for Israel's FireLayers", "Proofpoint Battens Against Spoofers, Phishers With $18 Million Buy", "Cybersecurity Company Proofpoint Acquires Socialware", "Proofpoint to Acquire Emerging Threats for $40M", "Proofpoint Acquires Emerging Threats for $40 Million", "Proofpoint acquires NetCitadel in $24M deal", "Proofpoint Acquires Sendmail for $23M in Cash", "Proofpoint to Acquire Armorize Technologies for $25 Million - SecurityWeek.Com", "Proofpoint Seals $25 Million Deal For Armorize Technologies", "Abaca Technology Corporation: Private Company Information - Bloomberg", "California company buys Utah's NextPage", "Proofpoint Acquires Secure Data In Motion", https://en.wikipedia.org/w/index.php?title=Proofpoint,_Inc.&oldid=1135792967, This page was last edited on 26 January 2023, at 22:04. We are very pleased by the strong start to the year, with our. Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. As the Chairman of the Board and Chief Executive Officer of Proofpoint Inc, the total compensation of Gary Steele at Proofpoint Inc is $8,413,690. At the core of the companys technology is Big Data analytics, and as seen with yesterdays hot IPO from Splunk, this is a red-hot space. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. social, mobile, web, and dark web) channels to detect, prevent, malicious or unwanted content from undermining organizational efforts to build brand across all major social media platforms. Small Business Solutions for channel partners and MSPs. 4. Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. Proofpoint, Inc. is an American enterprise security company based in Sunnyvale, California that provides software as a service and products for email security, data loss prevention, electronic discovery, and email archiving . Click here to join the free and open Startup Showcase event. [18] Moving a dedicated hardware appliance to a virtual server eliminates problems associated with proprietary hardware and reduces upgrade costs,[19] though it does require knowledge of VMware's virtual server architecture. 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. 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. Steele was the founding CEO of Proofpoint, and over the past two decades, he led the company's growth from an early-stage start-up to a leading, publicly traded security-as-a-service provider to . Gary Steele - Chief Executive . SUNNYVALE, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Proofpoint, Inc., a leading cybersecurity and compliance company, today announced it has completed its acquisition of Dathena, an innovator in. Under Merritts tenure, Splunk not only grew its market presence but also transformed itself to a cloud-centric business model, in line with the much wider industry shift to the cloud. On average, Proofpoint Inc executives and independent directors trade stock every 7 days with the average trade being worth of $2,695,492. Various Positions Feb 1988 - Dec 200517 years 11 months Board Of Directors Proofpoint. Steele takes over April 11 for Graham Smith, who has served as the companys interim CEO since longtime leader Doug Merritt abruptly resigned in November 2021. He holds a B.S. Learn about our people-centric principles and how we implement them to positively impact our global community. Learn about the human side of cybersecurity. All rights reserved. He is currently single. Prior to Proofpoint, Steele was CEO of Portera and held . Proofpoint, Inc. engages in provision of security-as-a-service that enables large and mid-sized organizations worldwide to defend, protect, archive and govern their most sensitive data. 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. Steele, 59, founded Proofpoint in November 2002, took the company public in April 2012 at a valuation of $385.6 million, became chairman in 2018, grew Proofpoints workforce to 3,300 staff, and engineered the companys $12.3 billion sale to Thoma Bravo in August 2021. 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. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Level 2 Fire Marshal - Course Content: Legislation The Principles of Combustion Fire Procedures Role of the Fire Marshal Fire Extinguishers Reducing the Risk: Fire Prevention How Long? As of 13 May 2021 he still owns at least 29,038 units of Proofpoint Inc stock. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. This net worth approximation does not reflect any other assets that Mr. Steele may own. Cocktail Reception. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. Investors appear satisfied with Splunks choice, as the companys shares rose a little under 2% in after-hours trading, following a decline of 1.4% in the regular session despite most tech stocks logging a big day. He is on the Board of. We thank Graham for his leadership as Interim CEO while the Board conducted its search for Splunks next CEO, said Steve Newberry, Lead Independent Director of the Splunk Board. He is from . [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]. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. The estimated Net Worth of Gary Steele is at least $60.2 Million dollars as of 13 May 2021. Follow. A highly regarded technology executive with over 30 years of experience, he has a proven track record of successfully scaling SaaS operations and growing multi-billion dollar global enterprises. Mike Wheatley. [6] History [ edit] Company [ edit] Gary L. Steele serves as Chairman of the Board, Chief Executive Officer of the Company. He holds a B.S. Small Business Solutions for channel partners and MSPs. While competing in the United States with the National Wrestling Alliance, Steele defeated Naoya Ogawa in a three-way match with Brian Anthony in Charlotte, North Carolina on 25 September 1999 to become the first-ever English World Heavyweight Champion in professional wrestling history and one of the youngest wrestlers to win the NWA World Heavyweight Championship although he would lose the title to Ogawa one week later in Thomaston, Connecticut on 2 October. 2023. The Wall Street Journal reported last month that networking giant Cisco put down a takeover offer for Splunk worth more than $20 billion. Defend your data from careless, compromised and malicious users. Steele appears to have chosen a good moment to join Splunk, as the company announced solid fourth-quarter results today, beating Wall Streets expectations. 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. We don't have much information about He's past relationship and any previous engaged. Proofpoint products are designed to solve three business problems: advanced cybersecurity threats, regulatory compliance, and brand-impostor fraud (which it calls "digital risk"). He took over as that companys founding CEO when it was still an early-stage startup, before overseeing its journey to become an established, publicly traded security-as-a-service provider and a major player in the cybersecurity space. Steele was additionally granted $12 million of restricted stock units with a four-year vesting period, and $18 million of performance-based stock units that, if earned, will vest over three years, according to regulatory filings. [22] In May, 2008, the company's hosted offerings were expanded with the introduction of Proofpoint on DemandStandard Edition. That promotion went on to be renamed World Championship Wrestling. Thank you for your continued support. Splunks fiscal 2022 revenue rose 20%, to $2.67 billion. 04:56. 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 76. Learn about the human side of cybersecurity. He also is the author ofThe Complete M&A Handbook, All About Short Selling andAll About Commodities. Follow him on Twitter at @ttaulli. Learn More on Gary Steele's contact information. 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. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. 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 corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. Build resilience to meet todays unpredictable business challenges. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. The company needs some tightening up to increase its seaworthiness, as it has been caught out in the transition to subscription storms..
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