Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Steele appears to have chosen a good moment to join Splunk, as the company announced solid fourth-quarter results today, beating Wall Streets expectations. 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. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. According to our Database, He has no children. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Stand out and make a difference at one of the world's leading cybersecurity companies. Gary Steele, Proofpoint CEO, discusses what to expect in the world of hacking, especially in an election year. Privacy Policy Protect your people from email and cloud threats with an intelligent and holistic approach. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. We have built a Big Data platform, which can process billions of requests per day and is built on Hadoop. We would like to show you a description here but the site won't allow us. 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. Protect your people from email and cloud threats with an intelligent and holistic approach. These monitor "digital" (i.e. Gary Steele has been working as a Chief Executive Officer at TES for 13 years. 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. Build resilience to meet todays unpredictable business challenges. The company needs some tightening up to increase its seaworthiness, as it has been caught out in the transition to subscription storms.. 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. President and CEO Jan 2006 - Present17 years 2 months I have been CEO of KLA-Tencor since January of 2006. Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. 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. Gary Steeles income source is mostly from being a successful . 4:30 PM - 5:30 PM. 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. A federal jury has awarded $13.5 million in compensatory damages to Proofpoint in a trade secrets lawsuit against Vade Secure.. This field is for validation purposes and should be left unchanged. Learn about the human side of cybersecurity. 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 Wall Street Journal reported last month that networking giant Cisco put down a takeover offer for Splunk worth more than $20 billion. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Locations. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. 5+ . It is a way to better detect potential threats. Todays cyber attacks target people. Deliver the innovative and seamless experiences your customers expect. [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. Level 2 Fire Marshal - Course Content: Legislation The Principles of Combustion Fire Procedures Role of the Fire Marshal Fire Extinguishers Reducing the Risk: Fire Prevention How Long? About Gary Steele. 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. 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. 14. Defend your data from careless, compromised and malicious users. 8:00 AM - 8:30 AM. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ETCompany Participants. He is currently single. Deliver Proofpoint solutions to your customers and grow your business. 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. 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 . 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. Learn More about Gary Steele's net worth. He holds a B.S. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Small Business Solutions for channel partners and MSPs. proofpoint.com; rambus.com; 3 408-377-XXXX; 408594XXXX; 408850XXXX; Doug Merritt Chief Executive Officer. Los Gatos, California, United States View. Search our database of over 100 million company and executive profiles. 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 are very pleased with our Q2 results, with our. A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. 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. Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems and Hewlett-Packard. Learn about the benefits of becoming a Proofpoint Extraction Partner. Active Cupertino, CA President for Proofpoint, Inc. (408)517-4710. The process was challenging and exhausting, but it turned out to be a remarkable experience. 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. 2005 - 2023 Splunk Inc. All rights reserved. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. All rights reserved. Heres what he had to say: It was my first IPO. Transform your business in the cloud with Splunk. By the time he left, Splunks annualized recurring revenue was closer to $3 billion. Steele also serves as a Trustee and Director at the San Francisco Museum of Modern Art. Disarm BEC, phishing, ransomware, supply chain threats and more. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Staff Reporter April 27, 2021 Proofpoint announced that it has been acquired by Thoma Bravo for approximately $12.3 billion. Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment. 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. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. TES is part of the Energy, Utilities & Waste industry, and located in Singapore. Others Named Gary Steele. [6] History [ edit] Company [ edit] Get deeper insight with on-call, personalized assistance from our expert team. Splunks executive management team will host a conference call today, March 2, 2022, at 1:30 p.m. PT (4:30 p.m. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. Splunks fiscal 2022 revenue rose 20%, to $2.67 billion. 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. 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. Biography of Gary Steele 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. For the current quarter, Splunk offered revenue guidance of $615 million to $635 million, comfortably ahead of Wall Streets forecast of $604.9 million. 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 . His net worth has been growing significantly in 2021-2022. Gary Steele is President/CEO at Splunk Inc. See Gary Steele's compensation, career history, education, & memberships. The estimated Net Worth of Gary Steele is at least $60.2 Million dollars as of 13 May 2021. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. A message from John Furrier, co-founder of SiliconANGLE: Show your support for our mission by joining our Cube Club and Cube Event Community of experts. All rights reserved. Before joining Proofpoint, Gary served as the Chief Executive Officer at Portera, an applications company delivering solutions for the professional services industry. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Find the information you're looking for in our library of videos, data sheets, white papers and more. Thank you for your continued support. 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. [36], In the 2016 Forrester Wave for Digital Risk Monitoring, Q3 2016 the Proofpoint digital risk / social media product was included in an evaluation of the nine top vendors in this emerging market. But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. 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. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. 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. 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. 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. [35] And in mobile, it finds counterfeit apps distributed through mobile app stores. At Sybase, an organization of more than 350 people, generating $150 million in revenue, Steele spearheaded all new Internet projects targeted at the enterprise. A discussion of the opportunities and challenges facing dealmakers in 2018. 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. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. 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.. Contribute. Learn how we support change for customers and communities. Opinions expressed by Forbes Contributors are their own. 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. 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. [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. Secure access to corporate resources and ensure business continuity for your remote workers. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. I'd like to thank everyone for joining us on the call today. 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. Steele holds a Bachelors of Science in Computer Science from Washington State University. Steele will take over Splunk's. 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. [17] Designed to monitor online messaging other than email, the appliance monitors Web mail, message boards, blogs and FTP-based communications. Thats correct. Become a channel partner. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. But we are going to push more into global 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. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. 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. Learn about how we handle data and make commitments to privacy and other regulations. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. 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. Learn More on Proofpoint's active insiders. 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. Companies. 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). He is not dating anyone. To access all the content for free, please sign up by entering your email. 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. View popular celebrities life details, birth signs and real ages. Gary Steele Proofpoint, Inc. 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. 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. Manage risk and data retention needs with a modern compliance and archiving solution. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. 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. The estimated net worth of Gary Steele is at least $5.11 million as of May 13th, 2021. 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. SAN FRANCISCO, March 2, 2022 Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced that Gary Steele has been appointed Chief Executive Officer of Splunk, and as a member of the companys Board of Directors, effective April 11, 2022. The deal would create a security powerhouse that combines Ciscos strength in network and identity protection with Splunks prowess in security operations. 4. Neither is Proofpoint. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. Gary Steele has not been actively trading shares of Proofpoint during the last ninety days. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Tue, Sep 6 2016 6:35 AM EDT. We really want to hear from you, and were looking forward to seeing you at the event and in theCUBE Club. The firm's security and compliance platform comprises of an integrated suite of threat protection, information protection, and brand protection solutions. 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. Public Wi-Fi. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Access timely security research and guidance. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. Registration & Breakfast . 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. [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. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. He also is the author ofThe Complete M&A Handbook, All About Short Selling andAll About Commodities. Follow him on Twitter at @ttaulli. 76. Mike Wheatley. 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. Proofpoint Inc. is turning concerns about U.S. National Security Agency surveillance into a competitive advantage. 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. Jason Starr - Proofpoint, Inc. Gary L. Steele - Proofpoint, Inc. Klaus . Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. 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. On behalf of Proofpoint, I want to say that we are saddened and angered by theracially motivatedviolenceand harassment targeting people of Asian descent. You're going to see a blend. 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. Read focused primers on disruptive technology topics. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. 925 West Maude Avenue Sunnyvale, California 94085 (Address of principal executive offices) (Zip Code) (408) 517-4710 Jason Starr - Vice President, Investor Relations. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. 2023. 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. [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]. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. He succeeds Gary Steele, who as founding CEO of Proofpoint is stepping down after having served in the role for the past 19 years. We don't have much information about He's past relationship and any previous engaged. Willy, 50, joined Proofpoint in December 2016 to lead global customer service, renewals and worldwide systems engineering, and was promoted in July 2020 to EVP and GM, Security Products and Services, where hes responsible for the companys email, threat intelligence and detection, authentication and response product lines. Discover Gary Steele's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. The guidelines also address how well the products recognize e-mail messages from legitimate sources.[21].