Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. Prior to Proofpoint, he was the CEO of Portera and held leadership roles with Sybase, Sun Microsystems and Hewlett-Packard. The firm's security and compliance platform comprises of an integrated suite of threat protection, information protection, and brand protection solutions. Discover what Splunk is doing to bridge the data divide. 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? The largest trade he's ever made was selling 100,000 units of Proofpoint Inc stock on 1 September 2018 worth over $6,254,000. Big data software company Splunk Inc. unveiled its new chief executive officer today, about three months after its longtime leader Doug Merritt stepped down from the company. 2023. I'd like to thank, everyone, for joining us on the call today. Plan your migration with helpful Splunk resources. 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. President and CEO Jan 2006 - Present17 years 2 months I have been CEO of KLA-Tencor since January of 2006. Find the information you're looking for in our library of videos, data sheets, white papers and more. Contribute. 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. Stand out and make a difference at one of the world's leading cybersecurity companies. Jason Starr - Proofpoint, Inc. Gary L. Steele - Proofpoint, Inc. Klaus . The shares were sold at an average price of $129.88, for a transaction totalling $649,400.00. 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. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. We have built a Big Data platform, which can process billions of requests per day and is built on Hadoop. Steele appears to have chosen a good moment to join Splunk, as the company announced solid fourth-quarter results today, beating Wall Streets expectations. Chart Data in Insider Trading History Table. Protect your people from email and cloud threats with an intelligent and holistic approach. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. These monitor "digital" (i.e. Gary Steele Proofpoint, Inc. 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. In combination, this was known as the Proofpoint Messaging Security Gateway Appliance. 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. [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 cant wait to get started and earn the right to call myself a Splunker.. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. This is critical when dealing with security. 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. 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. [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. We have estimated 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. [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. watch now. All rights reserved. Splunk experts provide clear and actionable guidance. Gary Steele will start as CEO on April 11, and following his appointment, Smith will return to his previous role as chair of the board at the cybersecurity company. Accelerate value with our powerful partner ecosystem. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. Become a channel partner. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. 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 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. [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 How rich is He in this year and how He spends money? Companies. Steele also serves as a Trustee and Director at the San Francisco Museum of Modern Art. Steele will take over Splunk's. Protect your people from email and cloud threats with an intelligent and holistic approach. [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]. Merritt oversaw dramatic growth at Splunk, taking over a company that did just $300 million in annual revenue in 2014. 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). Disarm BEC, phishing, ransomware, supply chain threats and more. 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.. The most active insiders traders include Rob Ward, Gary Steele, and Richard P Wallace. 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. This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our organizational changes, our goals and earnings. 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. But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. Get deeper insight with on-call, personalized assistance from our expert team. 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. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. 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 access all the content for free, please sign up by entering your email. 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. Gary Steele is the Chief Executive Officer at Proofpoint since November 2002. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. [17] Designed to monitor online messaging other than email, the appliance monitors Web mail, message boards, blogs and FTP-based communications. Learn More on Gary Steele's trading history. 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. 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 . 2005 - 2023 Splunk Inc. All rights reserved. Neither is Proofpoint. 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. Learn about the latest security threats and how to protect your people, data, and brand. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. 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. 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. 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. Opinions expressed by Forbes Contributors are their own. [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 is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. Learn More on Gary Steele's trading history. Our plan is to continue to deliver world class technology, ensure customer success, and evolve our people-centric solutions to market needs, while driving profitable growth.. 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. So, how much is Gary Steele worth at the age of 49 years old? Reduce risk, control costs and improve data visibility to ensure compliance. This morning I had a chance to talk to Proofpoint CEO Gary Steele, who has been at the helm for nearly a decade. Transform your business in the cloud with Splunk. 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,. We also have much more room to get new customers from the Fortune 1,000. 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. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. 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. 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. 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. 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. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Read the latest press releases, news stories and media highlights about Proofpoint. Learn about the human side of cybersecurity. It means business as usual with our continued focus on delivering a world-class customer experience. So we combined the two. Get notified the next time Gary Steele buys or sells Proofpoint stock. [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. But we are going to push more into global markets. 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. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Steele holds a Bachelors of Science in Computer Science from Washington State University. Brian Mellone As a public company, Proofpoint had a long history of strong growth combined with compelling free cash flow. This chart shows Gary Steele's buying and selling at Proofpoint by year and by quarter. employer identification no.) [6] History [ edit] Company [ edit] Gary Steele is President/CEO at Splunk Inc. See Gary Steele's compensation, career history, education, & memberships. Access the full range of Proofpoint support services. You're going to see a blend. [35] And in mobile, it finds counterfeit apps distributed through mobile app stores. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. 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. Gary Steele -- Chief Executive Officer and Chairman of the Board Thanks, Jason. Heres what he had to say: It was my first IPO. It has been something that has set us apart. Gary Steele has not been actively trading shares of Proofpoint during the last ninety days. Thats correct. 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. Learn about the human side of cybersecurity. Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. Jason Starr - Vice President, Investor Relations. 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. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2018 Earnings Call July 26, 2018 4:30 PM ETExecutives. 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. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. 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. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. Gary Steele, CEO of cybersecurity company Proofpoint, photographed at his company's headquarters in Sunnyvale, California, Tuesday, Sept. 26, 2017. A discussion of the opportunities and challenges facing dealmakers in 2018. 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. Deliver the innovative and seamless experiences your customers expect. 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. 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. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. Stand out and make a difference at one of the world's leading cybersecurity companies. . Connect with us at events to learn how to protect your people and data from everevolving threats. 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. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. Under Gary's. Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. 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. Learn about our unique people-centric approach to protection. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. Privacy Policy Small Business Solutions for channel partners and MSPs. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Over the last 13 years, insiders at Proofpoint Inc have traded over $180,468,553 worth of Proofpoint Inc stock. According to our Database, He has no children.
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