August 31, 2021 Gary Steele, Chief Executive Officer I am pleased to announce that Proofpoint's acquisition by Thoma Bravo was completed today. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. View popular celebrities life details, birth signs and real ages. Gary brings a broad range of enterprise software experience to the company. The oldest executive at Proofpoint Inc is JonathanFeiber, 62, who is the Independent Director. [22] In May, 2008, the company's hosted offerings were expanded with the introduction of Proofpoint on DemandStandard Edition. Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. The California-based and . [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. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. There are 3 older and 11 younger executives at Proofpoint Inc. The company needs some tightening up to increase its seaworthiness, as it has been caught out in the transition to subscription storms.. We have about 100 of the Fortune 1,000. Splunk Snags Proofpoint Top Exec Gary Steele As New CEO That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. [27] On October 23, 2014 Proofpoint acquired Nexgate, Inc., a social media and security compliance vendor. 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. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. By the time he left, Splunks annualized recurring revenue was closer to $3 billion. Deliver Proofpoint solutions to your customers and grow your business. Learn More on Proofpoint's active insiders. A key differentiator is that the Big Data platform is in real-time. Thats correct. 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. Gary Steele, Proofpoint Gary Steele says today's cyber-attacks are different than they were five years ago, yet too many organizations still try to defend their networks with 2009 technology. Manage risk and data retention needs with a modern compliance and archiving solution. Returning to Great Britain, he became the first NWA United Kingdom Heavyweight Champion after defeating Johnny Moss in a tournament final at Telford Shropshire, England on 2 November 2001. 76. Proofpoint CEO: Working From Home Changes Face Of Work - WebProNews Small Business Solutions for channel partners and MSPs. 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. watch now. Its the second successive quarter in which Splunk has topped analysts targets. Protect your people from email and cloud threats with an intelligent and holistic approach. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts. 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. Splunk Names Gary Steele Chief Executive Officer Almost two years after Ogawa had vacated the title, Steele lost to then NWA World Champion Shinya Hashimoto in a round robin triangle match with Steve Corino at McKeesport, Pennsylvania on 15 December 2001. 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. I cant wait to get started and earn the right to call myself a Splunker.. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Gary Harvey is a British retired professional wrestler better known as Gary Steele, who has competed in European, North American and Japanese promotions and has been a popular longtime mainstay of NWA UK Hammerlock since the mid-1990s. Prior to joining our company, Mr. Steele served from June 1997 to July 2002 as the Chief Executive Officer of Portera Systems Inc., a software company. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. Proofpoint, Inc. - Proofpoint Appoints David Knight, Former Cisco Privacy Policy We saw a large opportunity to create a broad suite of applications for the security market. Steele has over 30 years of tech industry experience. [17] Designed to monitor online messaging other than email, the appliance monitors Web mail, message boards, blogs and FTP-based communications. Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Steele said he is honored to join what is one of the most respected brands in tech and a company that sits at the forefront of security and observability.. Rick Wallace - Member Board of Directors - Splunk | LinkedIn Find the information you're looking for in our library of videos, data sheets, white papers and more. 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. Before joining Proofpoint, Gary served as the Chief Executive Officer at Portera, an applications company delivering solutions for the professional services industry. About Gary Steele. He is on the Board of. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Active Cupertino, CA President for Proofpoint, Inc. (408)517-4710. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. The . Reduce risk, control costs and improve data visibility to ensure compliance. There are 3 older and 11 younger executives at Proofpoint Inc. Splunk is executing against a tremendous opportunity, and I look forward to working with the team to ensure the business reaches its full potential., Steele continued, Splunk has incredible talent and an innovative and customer-centric ethos. According to our Database, He has no children. This milestone is squarely due to the collective efforts and support of our employees, partners, and valued customers over many years, and we look forward to the exciting path ahead. Under his leadership, Portera raised over $100 million from leading venture capitalists and grew from its initial concept to $20 million in revenue. Learn about our people-centric principles and how we implement them to positively impact our global community. Five things to know about Proofpoint CEO Gary Steele Education: Bachelor's in computer science from Washington State University Career path: Product manager at Hewlett-Packard, manager of. Splunk Names Gary Steele Chief Executive Officer - Yahoo! I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. Search our database of over 100 million company and executive profiles. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. Plan your migration with helpful Splunk resources. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. Cocktail Reception. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. 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. 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. degree in computer science from Washington State University. The Mid-Atlantic promotion he was wrestling in when he won the championship has been in operation since the late 1990s. As of 13 May 2021 he still owns at least 29,038 units of Proofpoint Inc stock. [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. 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 deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. Proofpoint Headquarters located in Sunnyvale California. 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.. 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. GENERAL RELEASE AGREEMENT . We want to make sure you get the most out of our platform. Disarm BEC, phishing, ransomware, supply chain threats and more. 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. It has been something that has set us apart. Exhibit A . Automated encryption, data-loss prevention and forensics-gathering tools are designed to speed incident response and mitigate the damage and costs of any threats that do get through. 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 . This field is for validation purposes and should be left unchanged. A trained submission wrestler and martial artist, Steele also appeared at the Pro Wrestling ZERO-ONE PPV supercards "Fighting Athlete" in March 2001 and True Century Creation II in March 2002. . Discover what Splunk is doing to bridge the data divide. We are incredibly excited to begin this next chapter in Proofpoints journey by leveraging Thoma Bravos significant experience in the technology space most notably its deep cybersecurity expertise and overall approach to value creation. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. Learn about the latest security threats and how to protect your people, data, and brand. Holger Mueller of Constellation Research Inc. said Steele was a surprising choice, as he comes from a smaller company in an adjacent field to Splunk and hes almost 60 years old. Get deeper insight with on-call, personalized assistance from our expert team. Learn about our unique people-centric approach to protection. Splunk appoints former Proofpoint exec Gary Steele as CEO Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. Moving into the software-as-a-service business, Proofpoint introduced Proofpoint on Demand, a hosted version of its email security and data loss prevention offerings. Customer success starts with data success. Locations. To access all the content for free, please sign up by entering your email. We really want to hear from you, and were looking forward to seeing you at the event and in theCUBE Club. . 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. 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. 2005 - 2023 Splunk Inc. All rights reserved. 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. 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. 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. . The estimated net worth of Gary Steele is at least $5.11 million as of May 13th, 2021. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. He also is the author ofThe Complete M&A Handbook, All About Short Selling andAll About Commodities. Follow him on Twitter at @ttaulli. Splunk Application Performance Monitoring. watch now. Pund-IT Inc. analyst Charles King told SiliconANGLE that despite being relatively unknown, Steele looks to be an excellent choice to lead Splunk as it pursues further growth. Search. 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. 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. Learn about the human side of cybersecurity. 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. The Deal Economy Conference Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors, with more than $76 billion in assets under management as of December 31, 2020. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. 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. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Learn about the technology and alliance partners in our Social Media Protection Partner program. Not the Gary Steele you were looking for? Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. Splunk appoints Gary Steele as CEO - Help Net Security - Information There are no executives at Proofpoint Inc getting paid more. Gary Steeles income source is mostly from being a successful . In any case its the beginning of a new chapter at Splunk, and itll be interesting to see how fast Steele can steady the ship. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. 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. 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. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. 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. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. 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 Proofpoint's workforce to 3,300 staff,. He will be replaced on an interim basis by Ashan Willy, 50, who currently oversees product management, engineering, and threat research. Learn about the latest security threats and how to protect your people, data, and brand. Connections. All rights reserved. Find the information you're looking for in our library of videos, data sheets, white papers and more. Todays cyber attacks target people. Gary Steele was born on 1 May, 1973. 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. Gary Steele Age : 59 Public asset : 9,910,425 USD Country of residence : Unknown Linked companies : Splunk Inc. - Proofpoint, Inc. - Upwork Inc. 4:30 PM - 5:30 PM. Stand out and make a difference at one of the world's leading cybersecurity companies. A data platform built for expansive data access, powerful analytics and automation, Cloud-powered insights for petabyte-scale data analytics across the hybrid cloud, Search, analysis and visualization for actionable insights from all of your data, Analytics-driven SIEM to quickly detect and respond to threats, Security orchestration, automation and response to supercharge your SOC, Instant visibility and accurate alerts for improved hybrid cloud performance, Full-fidelity tracing and always-on profiling to enhance app performance, AIOps, incident intelligence and full visibility to ensure service performance. 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. Learn More on Gary Steele's trading history. Sitemap, A Message From Gary Steele, CEO, Proofpoint, Gary Steele, Chief Executive Officer and Chairman of the Board, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection, https://asianpacificfund.org/who-we-are/mission/. The company joined dozens of other anti-spam software providers[7] in a business opportunity fueled by an exponential increase in spam volume that was threatening worker productivity, making spam a top business priority. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. Its flagship product the Proofpoint Messaging Security Gateway. 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 . 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. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. 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. Learn More on Gary Steele's trading history. In this capacity, he initiated and spearheaded all new Internet projects targeted at the enterprise. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including those described in the companys Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2021, which is on file with the U.S. Securities and Exchange Commission (SEC) and Splunks other filings with the SEC. 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.