Read the latest press releases, news stories and media highlights about Proofpoint. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Stand out and make a difference at one of the world's leading cybersecurity companies. 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. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. 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. Proofpoint Headquarters located in Sunnyvale California. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. GENERAL RELEASE AGREEMENT . Manage risk and data retention needs with a modern compliance and archiving solution. Accelerate value with our powerful partner ecosystem. The deal would create a security powerhouse that combines Ciscos strength in network and identity protection with Splunks prowess in security operations. 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. We have about 100 of the Fortune 1,000. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. 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. 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. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. 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. Not the Gary Steele you were looking for? Revenue for the period rose 21% from a year ago, to $901.1 million. 2023. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. He received nearly $3.4 million of total compensation from Proofpoint in 2020. Steele spoke to the Mercury News about. 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. . Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. He is from . He holds a B.S. Prior to Proofpoint, he was the CEO of Portera and held leadership roles with Sybase, Sun Microsystems and Hewlett-Packard. 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 . At 49 years old, Gary Steele height not available right now. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. employer identification no.) [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. 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. degree in computer science from Washington State University. I'd like to thank everyone for joining us on the call today. 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 offers software or SaaS aimed at different facets of email security. Steele has over 30 years of tech industry experience. Learn about the human side of cybersecurity. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. 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. 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 turning concerns about U.S. National Security Agency surveillance into a competitive advantage. We have estimated Secure access to corporate resources and ensure business continuity for your remote workers. Public Wi-Fi. Proofpoint products are designed to solve three business problems: advanced cybersecurity threats, regulatory compliance, and brand-impostor fraud (which it calls "digital risk"). Raised over $86M in. gov. 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. Protect your people from email and cloud threats with an intelligent and holistic approach. 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. Discover today's celebrity birthdays and explore famous people who share your birthday. [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. Learn about our unique people-centric approach to protection. 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. [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. 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. Splunk experts provide clear and actionable guidance. Exhibit A . Connections. 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. 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. [17] Designed to monitor online messaging other than email, the appliance monitors Web mail, message boards, blogs and FTP-based communications. . 2005 - 2023 Splunk Inc. All rights reserved. Learn about the latest security threats and how to protect your people, data, and brand. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. Learn More on Proofpoint's active insiders. 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. All rights reserved. Mr. Steele owns over 7,500 units of Proofpoint Inc stock worth over $5,107,784 and over the last 10 years he sold PFPT stock worth over $46,690,895. 5+ . 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. "Proofpoint Inc. Mike Wheatley. 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. According to our Database, He has no children. So we combined the two. You can see the complete history of Mr. Steele stock trades at the bottom of the page. Gary Steeles income source is mostly from being a successful . 2023 Splunk Inc. All rights reserved. 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. Get notified the next time Gary Steele buys or sells Proofpoint stock. Contribute. Gary Steele has not been actively trading shares of Proofpoint during the last ninety days. 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. Splunk is executing against a tremendous opportunity, and I look forward to working with the team to ensure the business reaches its full potential.. Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. 76. Gary Steele has been working as a Chief Executive Officer at TES for 13 years. It means business as usual with our continued focus on delivering a world-class customer experience. This net worth approximation does not reflect any other assets that Mr. Steele may own. Everyone following the news understands threat actors are not going anywhere. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. 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. Gary L. Steele serves as Chairman of the Board, Chief Executive Officer of the Company. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Over the last 13 years, insiders at Proofpoint Inc have traded over $180,468,553 worth of Proofpoint Inc stock. 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. The . Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Small Business Solutions for channel partners and MSPs. 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. Gary Steele Proofpoint, Inc. But we are going to push more into global markets. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Learn about the benefits of becoming a Proofpoint Extraction Partner. Plan your migration with helpful Splunk resources. Proofpoint Messaging Security Gateway V5.0 was released in June 2007, and was based on a new, integrated architecture, combining all its capabilities into a single platform. Build resilience to meet todays unpredictable business challenges. Find the information you're looking for in our library of videos, data sheets, white papers and more. Under his leadership, Portera raised over $100 million from leading venture capitalists and grew from its initial concept to $20 million in revenue. 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. Gary Steele, CEO of cybersecurity company Proofpoint, photographed at his company's headquarters in Sunnyvale, California, Tuesday, Sept. 26, 2017. Todays cyber attacks target people. His experience with Sun Microsystems and Hewlett-Packard included business development, marketing, and engineering roles. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Steele also serves as a Trustee and Director at the San Francisco Museum of Modern Art. Learn about the technology and alliance partners in our Social Media Protection Partner program. Thank you for your continued support. This is not an ending, but rather an evolution that will give us the freedom and flexibility to increase our people-centric offerings that prevent, defend against, and respond to todays cyberattacks. Gary Steele was born on 1 May, 1973. The San Francisco-based data platform giant praised Steele for successfully scaling SaaS operations and growing multi-billion-dollar global enterprises during his two decades leading Sunnyvale, Calif.-based email security vendor Proofpoint. 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 Gary Steele is President/CEO at Splunk Inc. See Gary Steele's compensation, career history, education, & memberships. [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. Also learn how He earned most of networth at the age of 47 years old? Various Positions Feb 1988 - Dec 200517 years 11 months Board Of Directors Proofpoint. The California-based and . Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. Connect with us at events to learn how to protect your people and data from everevolving threats. 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. Registration & Breakfast . [9], On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. 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. [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]. 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. He holds a B.S. 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. Same platform but with new and improved features. Todays cyber attacks target people. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. He is a member of famous with the age 49 years old group. 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. Steele holds a Bachelors of Science in Computer Science from Washington State University. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. 14. 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. Proofpointcontinues to work on how wechampion social and racial equity to ensure everyone feels valued, supportedand safe. The most active insiders traders include Rob Ward, Gary Steele, and Richard P Wallace. Steele has over 30 years of tech industry experience. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2018 Earnings Call July 26, 2018 4:30 PM ETExecutives. 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. Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. Enter your email address below to get our daily insider buying and selling report. Secure access to corporate resources and ensure business continuity for your remote workers. 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. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. Manage risk and data retention needs with a modern compliance and archiving solution. Reduce risk, control costs and improve data visibility to ensure compliance. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Sunnyvale, CA - June 29, 2011 - Proofpoint, Inc., the leading provider of cloud-based email security and compliance solutions, today announced that it has appointed David Knight to the position of executive vice president of product management and marketing. The estimated Net Worth of Gary Steele is at least $60.2 Million dollars as of 13 May 2021. Learn about the technology and alliance partners in our Social Media Protection Partner program. 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 . 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. But the good news is, if China invades Taiwan, there is a way to protect yourself. Learn More on Gary Steele's trading history. A discussion of the opportunities and challenges facing dealmakers in 2018. 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. by He is not dating anyone. [11] According to the 2004 National Technology Readinesed the number of spam detection attributes to more than 50,000[ambiguous]. In a separate press release issued today, Splunk announced its fourth quarter and fiscal year 2022 financial results. For the current quarter, Splunk offered revenue guidance of $615 million to $635 million, comfortably ahead of Wall Streets forecast of $604.9 million. In a step towards simpler operational requirements, the Proofpoint Messaging Security Gateway Virtual Edition was released in April 2007. Learn about our relationships with industry-leading firms to help protect your people, data and brand. 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. At Sybase, an organization of more than 350 people, generating $150 million in revenue, Steele spearheaded all new Internet projects targeted at the enterprise. I'd like to thank, everyone, for joining us on the call today. 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. Access timely security research and guidance. All rights reserved. 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. 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. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following.
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