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 also introduced policy-based email encryption features, using identity-based encryption technology licensed from Voltage Security. [8], Proofpoint became a publicly traded company in April 2012. This morning I had a chance to talk to Proofpoint CEO Gary Steele, who has been at the helm for nearly a decade. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. You're going to see a blend. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Splunk Application Performance Monitoring. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. About Gary Steele. 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. We would like to show you a description here but the site won't allow us. 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. Proofpoint offers software or SaaS aimed at different facets of email security. Five insights you might have missed from the Dell-DXC livestream event, Interview: Here's how AWS aims to build new bridges for telcos into the cloud-native world, Dell addresses enterprise interest in a simpler consolidated security model, The AI computing boom: OctoML targets machine learning workload deployment, Automation is moving at a breakneck pace: Heres how that trend is being leveraged in enterprise IT, DIVE INTO DAVE VELLANTES BREAKING ANALYSIS SERIES, Dave Vellante's Breaking Analysis: The complete collection, MWC 2023 highlights telco transformation and the future of business, Digging into Google's point of view on confidential computing, Cloud players sound a cautious tone for 2023. "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. View popular celebrities life details, birth signs and real ages. Learn about the latest security threats and how to protect your people, data, and brand. Proofpoint Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. In any case its the beginning of a new chapter at Splunk, and itll be interesting to see how fast Steele can steady the ship. This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our organizational changes, our goals and earnings. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. Learn More on Proofpoint's active insiders. 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. Contribute. 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,. Learn about our unique people-centric approach to protection. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. 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. Get deeper insight with on-call, personalized assistance from our expert team. 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. Gary Steele is President/CEO at Splunk Inc. See Gary Steele's compensation, career history, education, & memberships. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. Click here to join the free and open Startup Showcase event. 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. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. Before joining Proofpoint, Gary served as the Chief Executive Officer at Portera, an applications company delivering solutions for the professional services industry. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. Manage risk and data retention needs with a modern compliance and archiving solution. We have about 100 of the Fortune 1,000. VIDEO 04:59. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. Gary Steeles income source is mostly from being a successful . degree in computer science from Washington State University. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. I'd like to thank everyone for joining us on the call today. 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. 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. Proofpoint Headquarters located in Sunnyvale California. Plan your migration with helpful Splunk resources. Active Cupertino, CA President for Proofpoint, Inc. (408)517-4710. 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. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. Steele will take over Splunks hot seat from Merritt, who had led the company for six years until his surprise departure last November. 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. 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. 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. Almost two years after Ogawa had vacated the title, Steele lost to then NWA World Champion Shinya Hashimoto in a round robin triangle match with Steve Corino at McKeesport, Pennsylvania on 15 December 2001. . [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. [35] And in mobile, it finds counterfeit apps distributed through mobile app stores. Learn about the benefits of becoming a Proofpoint Extraction Partner. Todays cyber attacks target people. Learn about our people-centric principles and how we implement them to positively impact our global community. Terms and conditions Gary Steele, CEO of cybersecurity company Proofpoint, photographed at his company's headquarters in Sunnyvale, California, Tuesday, Sept. 26, 2017. 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. 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. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. 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. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. See why organizations around the world trust Splunk. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. [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. Reduce risk, control costs and improve data visibility to ensure compliance. Gary Steele Proofpoint, Inc. SiliconANGLE co-founder and CEO John Furrier said at the time that Splunks board likely felt the need to reboot things to keep up with the scale of the cloud. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. A key differentiator is that the Big Data platform is in real-time. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. Proofpoint products are designed to solve three business problems: advanced cybersecurity threats, regulatory compliance, and brand-impostor fraud (which it calls "digital risk"). Others Named Gary Steele. 2005 - 2023 Splunk Inc. All rights reserved. By the time he left, Splunks annualized recurring revenue was closer to $3 billion. 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. 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. See why organizations trust Splunk to help keep their digital systems secure and reliable. Gary Steele's net worth Gary Steele, Proofpoint CEO, discusses what to expect in the world of hacking, especially in an election year. August 31, 2021 Gary Steele, Chief Executive Officer I am pleased to announce that Proofpoint's acquisition by Thoma Bravo was completed today. 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. As Chairman and CEO of Proofpoint Inc, Gary Steele has a total base salary of $594,583 . 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. 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. Its email digital risk portfolio includes authentication technology to prevent email domain spoofing. Learn about the human side of cybersecurity. Everyone following the news understands threat actors are not going anywhere. 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. Discover what Splunk is doing to bridge the data divide. Gary Steele brings a broad range of enterprise software experience to the company. Small Business Solutions for channel partners and MSPs. I'd like to thank, everyone, for joining us on the call today. This is critical when dealing with security. [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. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. 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. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. www.vbprofiles.com is now www.topionetworks.com. [7] An additional $9 million in Series B funding led by New York-based RRE Ventures was announced in October, 2003. Under Gary's. That transformation was largely successful, but the company delivered a string of disappointing quarterly results in the run-up to Merritts departure. Learn about the latest security threats and how to protect your people, data, and brand. Splunks fiscal 2022 revenue rose 20%, to $2.67 billion. The Wall Street Journal reported last month that networking giant Cisco put down a takeover offer for Splunk worth more than $20 billion. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. Panelist: Gary Steele, Chief Executive Officer, Proofpoint, Inc. 4:20 PM - 4:30 PM. 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. 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. The court will decide punitive damages for Vade Secure's . It means business as usual with our continued focus on delivering a world-class customer experience. 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 . The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. It was reviewed by ChannelWeb, which observed that it used a "combination of technologies: policy-based management, a spam-filtering engine and adaptive learning technology."[16]. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. 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. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Find the information you're looking for in our library of videos, data sheets, white papers and more. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. [14] It was tested by Infoworld and found to stop 94% of spam. 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. [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. , money, salary, income, and assets. Gary brings a broad range of enterprise software experience to the company. In this capacity, he initiated and spearheaded all new Internet projects targeted at the enterprise. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. 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 corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. 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). Search our database of over 100 million company and executive profiles. At 49 years old, Gary Steele height not available right now. 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. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. As of 13 May 2021 he still owns at least 29,038 units of Proofpoint Inc stock. Returning to Great Britain, he became the first NWA United Kingdom Heavyweight Champion after defeating Johnny Moss in a tournament final at Telford Shropshire, England on 2 November 2001. Learn about the human side of cybersecurity. Tom Taulliruns the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. 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 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. 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. Proofpoint's P1000 appliance, which is designed for organizations with 25,000 users or more, can scan up to 4 million e-mails per day and offers 300G bytes of storage space - enough to quarantine. 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. Raised over $86M in. Heres what he had to say: It was my first IPO. 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. There are 3 older and 11 younger executives at Proofpoint Inc. Connections. After joining Proofpoint in November 2002, Steele led the company in its rise from an early-stage startup to a leading security-as-a-service provider. degree in computer science from Washington State University. The Mid-Atlantic promotion he was wrestling in when he won the championship has been in operation since the late 1990s. 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. Public Wi-Fi. Deliver Proofpoint solutions to your customers and grow your business. 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. Share Excel Gary Steele . President and CEO Jan 2006 - Present17 years 2 months I have been CEO of KLA-Tencor since January of 2006. 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 . Carlson had only joined Splunk in April 2021 and it was assumed she would play a key role as it moved forward to a new era, though the departure of Merritt cast some doubt on her continuing role. Bottom line: This is a tremendous opportunity for us and for our customers. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. Not the Gary Steele you were looking for? Accelerate value with our powerful partner ecosystem. Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. Get deeper insight with on-call, personalized assistance from our expert team. Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. But along the way came software as a service (SaaS). Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. vice president and general manager of the Middleware and Data Warehousing Product Group, Intelligent Assistance and Bots Ecosystem. He is from . Steele spoke to the Mercury News about. He is on the Board of. He raised over $86 million in capital and steered the company through its successful IPO in 2012. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. Help your employees identify, resist and report attacks before the damage is done. The deal would create a security powerhouse that combines Ciscos strength in network and identity protection with Splunks prowess in security operations. A discussion of the opportunities and challenges facing dealmakers in 2018. [13], In March 2004, Proofpoint introduced its first hardware appliance, the P-Series Message Protection Appliance (later renamed Proofpoint Messaging Security Gateway), using a hardened Linux kernel and Proofpoint's Protection Server 2.0 software. 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. He also is the author ofThe Complete M&A Handbook, All About Short Selling andAll About Commodities. Follow him on Twitter at @ttaulli. Terms and conditions 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. 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. Under Mr. Steeles leadership, Portera raised more than $100M in capital from some of the leading venture capitalists including Kleiner Perkins, IVP, and American Express, and grew the business from its initial concept to $20M in revenue. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment. 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. by 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. Deliver the innovative and seamless experiences your customers expect. Closing Remarks. [6] History [ edit] Company [ edit] We have estimated [27] On October 23, 2014 Proofpoint acquired Nexgate, Inc., a social media and security compliance vendor.
