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. Get notified the next time Gary Steele buys or sells Proofpoint stock. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. 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. 14. Stand out and make a difference at one of the world's leading cybersecurity companies. This chart shows Gary Steele's buying and selling at Proofpoint by year and by quarter. Protect your people from email and cloud threats with an intelligent and holistic approach. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. 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. Tom Taulliruns the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. Proofpoint offers software or SaaS aimed at different facets of email security. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Proofpoint also introduced policy-based email encryption features, using identity-based encryption technology licensed from Voltage Security. Learn about our people-centric principles and how we implement them to positively impact our global community. 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. Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems and Hewlett-Packard. Learn about our relationships with industry-leading firms to help protect your people, data and brand. 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. Neither is Proofpoint. As of 13 May 2021 he still owns at least 29,038 units of Proofpoint Inc stock. 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. The Wall Street Journal reported last month that networking giant Cisco put down a takeover offer for Splunk worth more than $20 billion. 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. Gary Steele - Chief Executive . As Chairman and CEO of Proofpoint Inc, Gary Steele has a total base salary of $594,583 . 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. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Connections. Gary Steele, CEO of cybersecurity company Proofpoint, photographed at his company's headquarters in Sunnyvale, California, Tuesday, Sept. 26, 2017. Click to read more about the interview! Thank you for accessing our content on the Topio Networks Market Intelligence Center. In consideration of the severance benefits (the "Severance") offered to me by Proofpoint, Inc. (the "Company") pursuant to Separation Agreement by and between me and the Company, dated on or about the date hereof (the "Separation Agreement") and in connection with the termination of my employment, I agree to the following general release (the . Learn More about Gary Steele's net worth. Learn about our unique people-centric approach to protection. Heres what he had to say: It was my first IPO. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. Under his leadership, Portera raised over $100 million from leading venture capitalists and grew from its initial concept to $20 million in revenue. Defend your data from careless, compromised and malicious users. Steele has over 30 years of tech industry experience. It has been something that has set us apart. He also is the author ofThe Complete M&A Handbook, All About Short Selling andAll About Commodities. Follow him on Twitter at @ttaulli. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Discover Gary Steele's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Become a channel partner. Reduce risk, control costs and improve data visibility to ensure compliance. Connect with us at events to learn how to protect your people and data from everevolving threats. Privacy Policy The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. 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. [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. Learn how we support change for customers and communities. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. These monitor "digital" (i.e. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. Gary Steele Age : 59 Public asset : 9,910,425 USD Country of residence : Unknown Linked companies : Splunk Inc. - Proofpoint, Inc. - Upwork Inc. 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. Proofpoint products are designed to solve three business problems: advanced cybersecurity threats, regulatory compliance, and brand-impostor fraud (which it calls "digital risk"). 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. In a separate press release issued today, Splunk announced its fourth quarter and fiscal year 2022 financial results. I'd like to thank, everyone, for joining us on the call today. 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. Brian Mellone Learn about the latest security threats and how to protect your people, data, and brand. On average, Proofpoint Inc executives and independent directors trade stock every 7 days with the average trade being worth of $2,695,492. Splunks executive management team will host a conference call today, March 2, 2022, at 1:30 p.m. PT (4:30 p.m. Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. Locations. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. He received nearly $3.4 million of total compensation from Proofpoint in 2020. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. 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. A federal jury has awarded $13.5 million in compensatory damages to Proofpoint in a trade secrets lawsuit against Vade Secure.. Revenue for the period rose 21% from a year ago, to $901.1 million. Gary Steele is the Chief Executive Officer at Proofpoint since November 2002. We don't have much information about He's past relationship and any previous engaged. 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. Todays cyber attacks target people. 4:30 PM - 5:30 PM. Get deeper insight with on-call, personalized assistance from our expert team. Its solutions also includes email protection, advanced threat protection, email authentication, data loss prevention, SaaS application protection, response orchestration and automation, digital risk, web browser isolation, email encryption, archiving, eDiscovery, supervision, secure communication, phishing simulation and security awareness computer-based training. Gary Steele brings a broad range of enterprise software experience to the company. 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. 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. Manage risk and data retention needs with a modern compliance and archiving solution. 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. The shares were sold at an average price of $129.88, for a transaction totalling $649,400.00. Sitemap, A Message from Gary Steele, CEO, Proofpoint, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. A key differentiator is that the Big Data platform is in real-time. Defend your data from careless, compromised and malicious users. ET) to discuss results. You're going to see a blend. Gary Steeles income source is mostly from being a successful . Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. So, how much is Gary Steele worth at the age of 49 years old? 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. gov. On behalf of Proofpoint, I want to say that we are saddened and angered by theracially motivatedviolenceand harassment targeting people of Asian descent. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. proofpoint.com; rambus.com; 3 408-377-XXXX; 408594XXXX; 408850XXXX; Doug Merritt Chief Executive Officer. 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. These products work across email, social media, mobile devices, and the cloud.[24][25][26][27]. August 31, 2021 Gary Steele, Chief Executive Officer I am pleased to announce that Proofpoint's acquisition by Thoma Bravo was completed today. "Proofpoint Inc. Read focused primers on disruptive technology topics. 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. 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. He is from . But these customers might have one or two of our applications, so there is a big opportunity to sell into these accounts. I cant wait to get started and earn the right to call myself a Splunker.. We saw a large opportunity to create a broad suite of applications for the security market. 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. Learn about the latest security threats and how to protect your people, data, and brand. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. 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. 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. Secure access to corporate resources and ensure business continuity for your remote workers. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. Splunk Application Performance Monitoring. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. 925 West Maude Avenue Sunnyvale, California 94085 (Address of principal executive offices) (Zip Code) (408) 517-4710 Others Named Gary Steele. So we combined the two. Manage risk and data retention needs with a modern compliance and archiving solution. Gary Steele is 57, he's been the Chairman of the Board and Chief Executive Officer of Proofpoint Inc since 2018. 2023. Learn about the technology and alliance partners in our Social Media Protection Partner program. In combination, this was known as the Proofpoint Messaging Security Gateway Appliance. But the good news is, if China invades Taiwan, there is a way to protect yourself. Find the information you're looking for in our library of videos, data sheets, white papers and more. Merritt oversaw dramatic growth at Splunk, taking over a company that did just $300 million in annual revenue in 2014. 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 about the benefits of becoming a Proofpoint Extraction Partner. Staff Reporter April 27, 2021 Proofpoint announced that it has been acquired by Thoma Bravo for approximately $12.3 billion. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. degree in computer science from Washington State University. Splunk is executing against a tremendous opportunity, and I look forward to working with the team to ensure the business reaches its full potential..
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