All rights reserved. [7] An additional $9 million in Series B funding led by New York-based RRE Ventures was announced in October, 2003. Gary brings a broad range of enterprise software experience to the company. I'd like to thank, everyone, for joining us on the call today. . 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. It has been something that has set us apart. Help your employees identify, resist and report attacks before the damage is done. For the current quarter, Splunk offered revenue guidance of $615 million to $635 million, comfortably ahead of Wall Streets forecast of $604.9 million. A key differentiator is that the Big Data platform is in real-time. He succeeds Gary Steele, who as founding CEO of Proofpoint is stepping down after having served in the role for the past 19 years. Steele has over 30 years of tech industry experience. Learn More on Gary Steele's contact information. Sunnyvale, CA - June 29, 2011 - Proofpoint, Inc., the leading provider of cloud-based email security and compliance solutions, today announced that it has appointed David Knight to the position of executive vice president of product management and marketing. 4:30 PM - 5:30 PM. The . Gary Steele - Biography - MarketScreener.com Proofpoint, Inc. - Wikipedia 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. We also have much more room to get new customers from the Fortune 1,000. 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.. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Mr. Steele will stay on until March 19, 2022, to ensure a. 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. His net worth has been growing significantly in 2021-2022. 2023. [37] On November 4, 2015 Proofpoint acquired Socialware Inc., a compliance workflow & content capture and review technology company.[38]. Splunk experts provide clear and actionable guidance. Get notified the next time Gary Steele buys or sells Proofpoint stock. 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). Connect with us at events to learn how to protect your people and data from everevolving threats. In a separate press release issued today, Splunk announced its fourth quarter and fiscal year 2022 financial results. But along the way came software as a service (SaaS). 2005 - 2023 Splunk Inc. All rights reserved. [6] History [ edit] Company [ edit] 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. At 49 years old, Gary Steele height not available right now. 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. Secure access to corporate resources and ensure business continuity for your remote workers. Proofpoint Inc (PFPT) Q1 2019 Earnings Call Transcript Splunk is executing against a tremendous opportunity, and I look forward to working with the team to ensure the business reaches its full potential.. GENERAL RELEASE AGREEMENT . Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Learn about our unique people-centric approach to protection. PROOFPOINT, INC. (Exact name of Registrant as specified in its charter) Delaware 51-0414846 (State or other jurisdiction of incorporation or organization) (I.R.S. Reduce risk, control costs and improve data visibility to ensure compliance. 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. [9], On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. This net worth approximation does not reflect any other assets that Mr. Steele may own. Protect your people from email and cloud threats with an intelligent and holistic approach. These products work across email, social media, mobile devices, and the cloud.[24][25][26][27]. Read focused primers on disruptive technology topics. Gary Steele - Chief Executive . Thank you for accessing our content on the Topio Networks Market Intelligence Center. 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. 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. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. This is not an ending, but rather an evolution that will give us the freedom and flexibility to increase our people-centric offerings that prevent, defend against, and respond to todays cyberattacks. Gary 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. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. Proofpoint also introduced policy-based email encryption features, using identity-based encryption technology licensed from Voltage Security. 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. Small Business Solutions for channel partners and MSPs. 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. 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. Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems, Inc. and Hewlett-Packard Company, computer, computer software and information technology companies. Staff Reporter April 27, 2021 Proofpoint announced that it has been acquired by Thoma Bravo for approximately $12.3 billion. 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. On average, Gary trades about 17,213 units every 18 days since 2013. We would like to show you a description here but the site won't allow us. 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. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. by watch now. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. 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. Access timely security research and guidance. Manage risk and data retention needs with a modern compliance and archiving solution. 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. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. A Message from Gary Steele, CEO, Proofpoint | Proofpoint US This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our organizational changes, our goals and earnings. Proofpoint uses anti-spam product to find inside leaks Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. Splunk appoints Gary Steele as CEO - Help Net Security - Information Battling the forces of darkness: Gary Steele, CEO, Proofpoint We thank Graham for his leadership as Interim CEO while the Board conducted its search for Splunks next CEO, said Steve Newberry, Lead Independent Director of the Splunk Board. Find contact details for 700 million professionals. See why organizations around the world trust Splunk. Search our database of over 100 million company and executive profiles. He is on the Board of. Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. Disarm BEC, phishing, ransomware, supply chain threats and more. The Deal Economy Conference Get deeper insight with on-call, personalized assistance from our expert team. Plan your migration with helpful Splunk resources. 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. 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. 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. Cocktail Reception. Learn about our unique people-centric approach to protection. Its the second successive quarter in which Splunk has topped analysts targets. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Proofpoint, Inc. engages in provision of security-as-a-service that enables large and mid-sized organizations worldwide to defend, protect, archive and govern their most sensitive data. [11] According to the 2004 National Technology Readinesed the number of spam detection attributes to more than 50,000[ambiguous]. So we combined the two. We don't have much information about He's past relationship and any previous engaged. We want to make sure you get the most out of our platform. Various Positions Feb 1988 - Dec 200517 years 11 months Board Of Directors Proofpoint. [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. Panelist: Gary Steele, Chief Executive Officer, Proofpoint, Inc. 4:20 PM - 4:30 PM. Steele appears to have chosen a good moment to join Splunk, as the company announced solid fourth-quarter results today, beating Wall Streets expectations. Gary Steele, CEO of cybersecurity company Proofpoint, photographed at his company's headquarters in Sunnyvale, California, Tuesday, Sept. 26, 2017. Steele holds a Bachelors of Science in Computer Science from Washington State University. Mr. Steele currently serves on the board of directors of Vonage Holding Corp., and Upwork Inc., as well as on the board of two privately held companies. 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. Gary Steele Chief Executive Officer at Proofpoint Location: San Francisco Bay Area, CA Add to My Lists Gary Steele brings a broad range of enterprise software experience to the company. 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. This chart shows Gary Steele's buying and selling at Proofpoint by year and by quarter. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. A Message From Gary Steele, CEO, Proofpoint | Proofpoint US So, how much is Gary Steele worth at the age of 49 years old? Were thrilled to welcome Gary to the Splunk team, and look forward to working with him to further scale the business and extend the value we provide our customers and partners., Splunk has built one of the most respected brands in tech and is at the forefront of security and observability. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. Proofpoint CEO Gary Steele on Wall Street milestone, Broadcom's 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. 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. Same platform but with new and improved features. Find the information you're looking for in our library of videos, data sheets, white papers and more. I'd like to thank everyone for joining us on the call today. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. 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 AGENDA. [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 about how we handle data and make commitments to privacy and other regulations. What does this mean for our employees and stakeholders? Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. Click to read more about the interview! Tom Taulliruns the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. 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. Gary Steele brings a broad range of enterprise software experience to the company. Under Merritts tenure, Splunk not only grew its market presence but also transformed itself to a cloud-centric business model, in line with the much wider industry shift to the cloud. You can see the complete history of Mr. Steele stock trades at the bottom of the page. August 31, 2021 Gary Steele, Chief Executive Officer I am pleased to announce that Proofpoint's acquisition by Thoma Bravo was completed today. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Gary Steele is the Chief Executive Officer at Proofpoint since November 2002. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Gary Steele has not been actively trading shares of Proofpoint during the last ninety days. Learn how we support change for customers and communities. The jury unanimously found that Vade Secure "willfully and maliciously" misappropriated over a dozen trade secrets and infringed copyrights belonging to Proofpoint and its subsidiary, Cloudmark. Jury: Vade Secure 'Willfully and Maliciously' Used Proofpoint Trade Secrets Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. 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. Steele, who is currently the CEO of cybersecurity firm Proofpoint Inc., will assume the role on April 11, when he will also join Splunk's board of directors. Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. The California-based and . 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. Get deeper insight with on-call, personalized assistance from our expert team. [22] In May, 2008, the company's hosted offerings were expanded with the introduction of Proofpoint on DemandStandard Edition. [20] It could be run either as a dedicated appliance, virtual appliance, or software suite. 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. 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