Proofpoint offers software or SaaS aimed at different facets of email security. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. Gary Steele was born on 1 May, 1973. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. Also learn how He earned most of networth at the age of 47 years old? Deliver Proofpoint solutions to your customers and grow your business. On average, Proofpoint Inc executives and independent directors trade stock every 7 days with the average trade being worth of $2,695,492. The oldest executive at Proofpoint Inc is JonathanFeiber, 62, who is the Independent Director. Chart Data in Insider Trading History Table. 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. Gary Steele . Read the latest press releases, news stories and media highlights about Proofpoint. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. On average, Gary trades about 17,213 units every 18 days since 2013. 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. Thank you for accessing our content on the Topio Networks Market Intelligence Center. It shows that good CEOs are in short supply, Mueller said. Locations. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Customer success starts with data success. Click here to join the free and open Startup Showcase event. gov. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. All rights reserved. Los Gatos, California, United States View. We look forward to providing you with even more cutting-edge market research, as Topio Networks. In a step towards simpler operational requirements, the Proofpoint Messaging Security Gateway Virtual Edition was released in April 2007. Cocktail Reception. 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. We stand in solidarity with everyone in the Proofpoint ecosystem as well as the broader Asian and Asian American Pacific Islander (AAPI) communities against these senseless acts of violence, racism and hate. [6] History [ edit] Company [ edit] watch now. Brian Mellone The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Gary Steele is the Chief Executive Officer at Proofpoint since November 2002. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2018 Earnings Call July 26, 2018 4:30 PM ETExecutives. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. Gary Steele took the reins as President and CEO of data platform developer Splunk On April 11, filling the vacancy created in November 2021 when then-CEO Doug Merritt abruptly stepped down. 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. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. 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. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Connections. Manage risk and data retention needs with a modern compliance and archiving solution. [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. I'd like to thank everyone for joining us on the call today. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. Connect with us at events to learn how to protect your people and data from everevolving threats. 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. We recommend you to check the complete list of Famous People born on 1 May. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. [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]. 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.. Defend your data from careless, compromised and malicious users. Connect with us at events to learn how to protect your people and data from everevolving threats. Follow. 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. Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems and Hewlett-Packard. The portfolio also includes protection from social-media account takeovers, harmful mobile apps, and rogue Wi-Fi networks. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. [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. Gary Steele brings a broad range of enterprise software experience to the company. Gary Steele, Proofpoint CEO, discusses what to expect in the world of hacking, especially in an election year. While at Proofpoint, Steele. Prior to Proofpoint, he was the CEO of Portera and held leadership roles with Sybase, Sun Microsystems and Hewlett-Packard. 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 experts provide clear and actionable guidance. We are very pleased with our Q2 results, with our. 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. But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. So we combined the two. Transform your business in the cloud with Splunk. Thats correct. Proofpoint Inc. is turning concerns about U.S. National Security Agency surveillance into a competitive advantage. 2023. Splunk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. 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. . We have always had a policy that we do not tolerate racism, harassment, or discrimination of any form. Reduce risk, control costs and improve data visibility to ensure compliance. Find the information you're looking for in our library of videos, data sheets, white papers and more. 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. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. Proofpoint Headquarters located in Sunnyvale California. The goal of ICSA Labs' anti-spam product testing and certification is to evaluate product effectiveness in detecting and removing spam. He is not dating anyone. 2005 - 2023 Splunk Inc. All rights reserved. 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. Secure access to corporate resources and ensure business continuity for your remote workers. Small Business Solutions for channel partners and MSPs. Splunk Application Performance Monitoring. That promotion went on to be renamed World Championship Wrestling. It is a way to better detect potential threats. Heres what he had to say: It was my first IPO. Discover today's celebrity birthdays and explore famous people who share your birthday. Finally, Id like to take a moment to thank our incredibly talented team members, whose dedication and hard work have contributed to Proofpoints success and have allowed us to achieve the incredible milestone of being part of the largest software take-private deal of all time. The shares were sold at an average price of $129.88, for a transaction totalling $649,400.00. "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. Learn about our relationships with industry-leading firms to help protect your people, data and brand. Learn how we support change for customers and communities. Learn about our people-centric principles and how we implement them to positively impact our global community. 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. 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. It means business as usual with our continued focus on delivering a world-class customer experience. To access all the content for free, please sign up by entering your email. 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. www.vbprofiles.com is now www.topionetworks.com. Learn about how we handle data and make commitments to privacy and other regulations. 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. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. 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. Help your employees identify, resist and report attacks before the damage is done. The California-based and . Tue, Sep 6 2016 6:35 AM EDT. 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. 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. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ETCompany Participants. 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. 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. Protect your people from email and cloud threats with an intelligent and holistic approach. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. 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. From our many meetings, I can assure you they are committed to building on what weve accomplished, and while working together, we look forward to propelling Proofpoints growth and innovation as a private company. Enter your email address below to get our daily insider buying and selling report. On behalf of Proofpoint, I want to say that we are saddened and angered by theracially motivatedviolenceand harassment targeting people of Asian descent. Search. Learn How rich is He in this year and how He spends money? 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. He is a member of famous with the age 49 years old group. 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. I cant wait to get started and earn the right to call myself a Splunker.. Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. He succeeds Gary Steele, who as founding CEO of Proofpoint is stepping down after having served in the role for the past 19 years. Learn about how we handle data and make commitments to privacy and other regulations. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. 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. At 49 years old, Gary Steele height not available right now. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. 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. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Stand out and make a difference at one of the world's leading cybersecurity companies. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. The court will decide punitive damages for Vade Secure's . 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. We have estimated 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,. Its flagship product the Proofpoint Messaging Security Gateway. Neither is Proofpoint. But along the way came software as a service (SaaS). The firm's security and compliance platform comprises of an integrated suite of threat protection, information protection, and brand protection solutions. Learn More on Gary Steele's trading history. . 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 The Mid-Atlantic promotion he was wrestling in when he won the championship has been in operation since the late 1990s. View Gary Steele's profile for company associations, background information, and partnerships. 4:30 PM - 5:30 PM. Todays cyber attacks target people. Learn about our unique people-centric approach to protection. Gary's mailing address filed with the SEC is C/O UPWORK INC.,, 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO, CA, 94107. [7] An additional $9 million in Series B funding led by New York-based RRE Ventures was announced in October, 2003. Panelist: Gary Steele, Chief Executive Officer, Proofpoint, Inc. 4:20 PM - 4:30 PM. 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. 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. Steele spoke to the Mercury News about. He holds a B.S. We really want to hear from you, and were looking forward to seeing you at the event and in theCUBE Club. 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. Learn about the benefits of becoming a Proofpoint Extraction Partner. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. . Small Business Solutions for channel partners and MSPs. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. Splunk is executing against a tremendous opportunity, and I look forward to working with the team to ensure the business reaches its full potential.. 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." 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. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. Gary Steele has not been actively trading shares of Proofpoint during the last ninety days. Accelerate value with our powerful partner ecosystem. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. Learn about the benefits of becoming a Proofpoint Extraction Partner. 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. 2023 Splunk Inc. All rights reserved. Privacy Policy In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. The Board is focused on ensuring a seamless transition and remains committed to driving long-term value for our stockholders., Fourth Quarter and Fiscal Year 2022 Earnings. In addition, he makes $8,413,690 as Chairman of the Board and Chief Executive Officer at Proofpoint Inc. Gary has made over 116 trades of the Proofpoint Inc stock since 2013, according to the Form 4 filled with the SEC. Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. Deliver the innovative and seamless experiences your customers expect. Share Excel Gary Steele . It launched July 21, 2003, after raising a $7 million Series A funding round, releasing its first product, and lining up six customers as references, and was backed by venture investors Benchmark Capital and Stanford University. [35] And in mobile, it finds counterfeit apps distributed through mobile app stores. Protect your people from email and cloud threats with an intelligent and holistic approach. Gary brings a broad range of enterprise software experience to the company. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. 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. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. 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 . Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. [27] On October 23, 2014 Proofpoint acquired Nexgate, Inc., a social media and security compliance vendor. Active Cupertino, CA President for Proofpoint, Inc. (408)517-4710. 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. TES Location No 9 Benoi Sector, Singapore, Central Singapore, 629844, Singapore Description Read More Industry Energy, Utilities & Waste Treatment General Energy, Utilities & Waste Treatment Reduce risk, control costs and improve data visibility to ensure compliance. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. He added that Steeles unwavering commitment to driving innovation and customer success will be invaluable as Splunk strives to become a $5 billion annual revenue company. Plan your migration with helpful Splunk resources. watch now. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. Read the latest press releases, news stories and media highlights about Proofpoint. ET) to discuss results. 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. He is currently single. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. 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. He will be replaced on an interim basis by Ashan Willy, 50, who currently oversees product management, engineering, and threat research. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. 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. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. As Chairman and CEO of Proofpoint Inc, Gary Steele has a total base salary of $594,583 . 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 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. This morning I had a chance to talk to Proofpoint CEO Gary Steele, who has been at the helm for nearly a decade.