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. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. It incorporated what was described as "MLX Technology", proprietary machine learning algorithms applied to the problem of accurately identifying spam email using 10,000 different attributes to differentiate between spam and valid email. [27] On October 23, 2014 Proofpoint acquired Nexgate, Inc., a social media and security compliance vendor. Mr. Steele will stay on until March 19, 2022, to ensure a. All other brand names, product names, or trademarks belong to their respective owners. vice president and general manager of the Middleware and Data Warehousing Product Group, Intelligent Assistance and Bots Ecosystem. About Gary Steele. Defend your data from careless, compromised and malicious users. Gary Steele Proofpoint, Inc. Over the last 13 years, insiders at Proofpoint Inc have traded over $180,468,553 worth of Proofpoint Inc stock. 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. The firm's security and compliance platform comprises of an integrated suite of threat protection, information protection, and brand protection solutions. Proofpoint also introduced policy-based email encryption features, using identity-based encryption technology licensed from Voltage Security. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. 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. Protect your people from email and cloud threats with an intelligent and holistic approach. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Disarm BEC, phishing, ransomware, supply chain threats and more. Privacy Policy Terms and conditions A key differentiator is that the Big Data platform is in real-time. [28] The Messaging Security Gateway is a web-based application that offers spam protection; based on both user defined rules as well as dynamically updated definitions,[29] anti-virus scanning, and configurable email firewall rules. See why organizations trust Splunk to help keep their digital systems secure and reliable. ICSA Labs, an independent division of Verizon Business, announced in April 2007, that it had certified six anti-spam products under their new testing program, one of which was the Proofpoint Messaging Security Gateway. He is from . 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. The product runs as a virtual appliance on a host running VMware's virtual server software. Public Wi-Fi. 2005 - 2023 Splunk Inc. All rights reserved. His experience with Sun Microsystems and Hewlett-Packard included business development, marketing, and engineering roles. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. Splunks interim CEO and Chairman Graham Smith, who will remain chairman, said the company chose Steele because he is a visionary leader with a deep understanding of SaaS and recurring revenue models with tons of experience in the software and cybersecurity markets. . The portfolio also includes protection from social-media account takeovers, harmful mobile apps, and rogue Wi-Fi networks. 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. He holds a B.S. Customer success starts with data success. The deal would create a security powerhouse that combines Ciscos strength in network and identity protection with Splunks prowess in security operations. Help your employees identify, resist and report attacks before the damage is done. Help your employees identify, resist and report attacks before the damage is done. What does this mean for our employees and stakeholders? 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. [9], On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. You can see the complete history of Mr. Steele stock trades at the bottom of the page. [8], Proofpoint became a publicly traded company in April 2012. watch now. By the time he left, Splunks annualized recurring revenue was closer to $3 billion. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. The most active insiders traders include Rob Ward, Gary Steele, and Richard P Wallace. Learn about the benefits of becoming a Proofpoint Extraction Partner. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. Mr. Steele currently serves on the board of directors of Vonage Holding Corp., and Upwork Inc., as well as on the board of two privately held companies. Terms and conditions Proofpoint's compliance products are designed to reduce the manual labor involved in identifying potentially sensitive data, managing and supervising it in compliance with government and industry rules, and producing it quickly in e-discovery legal requests. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Transform your business in the cloud with Splunk. 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. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. 4. The court will decide punitive damages for Vade Secure's . Merritt oversaw dramatic growth at Splunk, taking over a company that did just $300 million in annual revenue in 2014. 2023 Splunk Inc. All rights reserved. Gary Steele brings a broad range of enterprise software experience to the company. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. 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. 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 . 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. Locations. Proofpoint offers software or SaaS aimed at different facets of email security. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Learn about our people-centric principles and how we implement them to positively impact our global community. According to our Database, He has no children. Click here to join the free and open Startup Showcase event. 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. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Manage risk and data retention needs with a modern compliance and archiving solution. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. 4:30 PM - 5:30 PM. Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2018 Earnings Call July 26, 2018 4:30 PM ETExecutives. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Proofpoint Nov 2002 - Mar 202219 years 5 months Founding CEO at Proofpoint in 2002 and led its rise from an early-stage start-up to a leading security-as-a-service provider. He is not dating anyone. Proofpoint Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Get deeper insight with on-call, personalized assistance from our expert team. Access the full range of Proofpoint support services. His net worth has been growing significantly in 2021-2022. Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. "Proofpoint Inc. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. 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. Overview. 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. While at Proofpoint, Steele. [20] It could be run either as a dedicated appliance, virtual appliance, or software suite. 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. 2023. Find the information you're looking for in our library of videos, data sheets, white papers and more. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA.
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