All rights reserved. Gary Steele, Chief Executive Officer, Proofpoint Registration & Breakfast . 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. Click to read more about the interview! 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]. He is from . Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems, Inc. and Hewlett-Packard Company, computer, computer software and information technology companies. . In a step towards simpler operational requirements, the Proofpoint Messaging Security Gateway Virtual Edition was released in April 2007. Steele will take over Splunks hot seat from Merritt, who had led the company for six years until his surprise departure last November. Search. He received nearly $3.4 million of total compensation from Proofpoint in 2020. 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. We saw a large opportunity to create a broad suite of applications for the security market. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. Gary Steele - CEO @ Proofpoint - Crunchbase Person Profile Steele also serves as a Trustee and Director at the San Francisco Museum of Modern Art. Proofpoint's P1000 appliance, which is designed for organizations with 25,000 users or more, can scan up to 4 million e-mails per day and offers 300G bytes of storage space - enough to quarantine. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. Proofpoint CEO Gary Steele on Wall Street milestone, Broadcom's employer identification no.) 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. Become a channel partner. Overview. Proofpoint's insider roster includes Paul Auvil, III (CFO), Dana Evan (Director), David Knight (EVP), Robert Lee (EVP), Gary Steele (CEO), Bhagwat Swaroop (EVP), and Ashan Willy (EVP). Learn More on Gary Steele's trading history. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Learn about the latest security threats and how to protect your people, data, and brand. Learn about the technology and alliance partners in our Social Media Protection Partner program. 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. 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. We have built a Big Data platform, which can process billions of requests per day and is built on Hadoop. Battling the forces of darkness: Gary Steele, CEO, Proofpoint 04:56. [14] It was tested by Infoworld and found to stop 94% of spam. But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. He succeeds Gary Steele, who as founding CEO of Proofpoint is stepping down after having served in the role for the past 19 years. 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. At 49 years old, Gary Steele height not available right now. Learn More on Proofpoint's active insiders. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. [27] On October 23, 2014 Proofpoint acquired Nexgate, Inc., a social media and security compliance vendor. Deliver Proofpoint solutions to your customers and grow your business. In a separate press release issued today, Splunk announced its fourth quarter and fiscal year 2022 financial results. Learn How rich is He in this year and how He spends money? A discussion of the opportunities and challenges facing dealmakers in 2018. So, how much is Gary Steele worth at the age of 49 years old? 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. Bottom line: This is a tremendous opportunity for us and for our customers. A federal jury has awarded $13.5 million in compensatory damages to Proofpoint in a trade secrets lawsuit against Vade Secure.. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. Secure access to corporate resources and ensure business continuity for your remote workers. Gary Steele, Proofpoint CEO, discusses what to expect in the world of hacking, especially in an election year. Leading organizations of all sizes, including more than half of the Fortune 1000, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. Incoming Splunk CEO Gary Steele on his new role, company outlook - CNBC Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. Customer success starts with data success. 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. 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. [37] On November 4, 2015 Proofpoint acquired Socialware Inc., a compliance workflow & content capture and review technology company.[38]. Chart Data in Insider Trading History Table. 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. The court will decide punitive damages for Vade Secure's . We have estimated Discover what Splunk is doing to bridge the data divide. Proofpoint acquired by Thoma Bravo for $12.3 billion 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. Find contact details for 700 million professionals. Gary brings a broad range of enterprise software experience to the company. Gary Steele's net worth Read focused primers on disruptive technology topics. Stand out and make a difference at one of the world's leading cybersecurity companies. The company also announced Wednesday that sales in the quarter ended Jan. 31 increased 21 percent from $745.1 million to $901.1 million, while net income worsened slightly to $140.8 million, or $0.88 per diluted share, 0.9 worse than a net loss of $139.5 million, or $0.86 per diluted share, the year prior. 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. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. Splunk Names Gary Steele Chief Executive Officer 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. , money, salary, income, and assets. Its the second successive quarter in which Splunk has topped analysts targets. 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. Splunk Names Gary Steele Chief Executive Officer - Yahoo! Secure access to corporate resources and ensure business continuity for your remote workers. He holds a B.S. Wall Street was looking for a loss of 19 cents per share on revenue of just $774.1 million, so Splunk beat those targets by some distance. Small Business Solutions for channel partners and MSPs. 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. His experience with Sun Microsystems and Hewlett-Packard included business development, marketing, and engineering roles. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. 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. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. We recommend you to check the complete list of Famous People born on 1 May. 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. [34] On social media, it stops scams in which fraudsters create fake customer-service accounts to find people seeking help over social media and trick them into handing over account credentials or visiting a malicious website. 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. Proofpoint CEO: Working From Home Changes Face Of Work - WebProNews Gary's mailing address filed with the SEC is C/O UPWORK INC.,, 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO, CA, 94107. 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. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Gary Steele - President & CEO - Splunk | LinkedIn Proofpoint, Inc. - Wikipedia Learn More about Gary Steele's net worth. 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. The portfolio also includes protection from social-media account takeovers, harmful mobile apps, and rogue Wi-Fi networks. 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. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Build resilience to meet todays unpredictable business challenges. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. There are no executives at Proofpoint Inc getting paid more. Exhibit A . Get notified the next time Gary Steele buys or sells Proofpoint stock. 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. 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/. Neither is Proofpoint. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Tue, Sep 6 2016 6:35 AM EDT. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. It is a way to better detect potential threats. The product runs as a virtual appliance on a host running VMware's virtual server software. Proofpoint, Inc. - Proofpoint Appoints David Knight, Former Cisco Thank you for accessing our content on the Topio Networks Market Intelligence Center. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. Deliver Proofpoint solutions to your customers and grow your business. The oldest executive at Proofpoint Inc is JonathanFeiber, 62, who is the Independent Director. [35] And in mobile, it finds counterfeit apps distributed through mobile app stores. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. The stock was trading up about 9% after pricing at $13, which was above . Proofpoint products are designed to solve three business problems: advanced cybersecurity threats, regulatory compliance, and brand-impostor fraud (which it calls "digital risk"). Sitemap, A Message from Gary Steele, CEO, Proofpoint, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. Los Gatos, California, United States View. Splunk appoints former Proofpoint exec Gary Steele as CEO As a sign of support for our colleagues of Asian descent and the Asian American and Pacific Islander (AAPI) community, we will make financial donations to the following three organizations: I know that as we continue the commitment we made last summer to come together and seek to build a more inclusive community within and around us, we will find a positive path forward. Proofpoint Completes the Acquisition of Dathena; - GlobeNewswire News Room Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. It has been something that has set us apart. Proofpoint Inc. is turning concerns about U.S. National Security Agency surveillance into a competitive advantage. 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 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.. 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. Manage risk and data retention needs with a modern compliance and archiving solution. Episodes feature insights from experts and executives. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. Gary Steele has been working as a Chief Executive Officer at TES for 13 years. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. [13], In March 2004, Proofpoint introduced its first hardware appliance, the P-Series Message Protection Appliance (later renamed Proofpoint Messaging Security Gateway), using a hardened Linux kernel and Proofpoint's Protection Server 2.0 software. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. 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 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. 2023. These monitor "digital" (i.e. He will be replaced on an interim basis by Ashan Willy, 50, who currently oversees product management, engineering, and threat research. Connect with us at events to learn how to protect your people and data from everevolving threats. Same platform but with new and improved features. Connections. . Search our database of over 100 million company and executive profiles. [23] The product is targeted at small-to-medium size businesses that need email security but do not run their own servers or have on-site IT personnel. Learn about our unique people-centric approach to protection. Learn More on Gary Steele's trading history. [20] It could be run either as a dedicated appliance, virtual appliance, or software suite. Gary Steele net worth, bio and Proofpoint Inc insider trades. Brian Mellone Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. On average, Gary trades about 17,213 units every 18 days since 2013. 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 . A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. Splunk Application Performance Monitoring. 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. Paul Auvil Net Worth (2023) | wallmine It shows that good CEOs are in short supply, Mueller said. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. Learn about how we handle data and make commitments to privacy and other regulations. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. 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 Help your employees identify, resist and report attacks before the damage is done. 2023 Splunk Inc. All rights reserved. watch now. There are 3 older and 11 younger executives at Proofpoint Inc. [17] Designed to monitor online messaging other than email, the appliance monitors Web mail, message boards, blogs and FTP-based communications. See why organizations trust Splunk to help keep their digital systems secure and reliable. 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. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. 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. 76. degree in computer science from Washington State University. 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 goal of ICSA Labs' anti-spam product testing and certification is to evaluate product effectiveness in detecting and removing spam. But we are going to push more into global markets. August 31, 2021 Gary Steele, Chief Executive Officer I am pleased to announce that Proofpoint's acquisition by Thoma Bravo was completed today. Gary Steele - Biography - MarketScreener.com Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. Merritt oversaw dramatic growth at Splunk, taking over a company that did just $300 million in annual revenue in 2014. Executive Edge: Three biggest cyber threats - CNBC 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. 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. The Deal Economy Conference The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Jury: Vade Secure 'Willfully and Maliciously' Used Proofpoint Trade Secrets
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