Splunk appoints Gary Steele as new CEO
The monitoring and safety specialist has appointed the ex-Proofpoint CEO within the wake of the shock departure of Doug Merritt final yr.
Splunk
Splunk has named Gary Steele as its new CEO, three months after the shock resignation of longtime CEO Doug Merritt.
“The board is focused on identifying a leader with a proven track record of scaling operations and growing multi-billion-dollar enterprises,” Merritt mentioned in a press release on the time.
We now know that chief is Gary Steele, who was the founding CEO of SaaS (software-as-a-service) safety vendor Proofpoint, an organization he led for almost 20 years. During that point, Steele navigated each an IPO in 2012 and a non-public fairness buyout from Thoma Bravo final yr. He will begin on April 11, when he may also sit on Splunk’s board.
Best recognized for its safety, logging and monitoring software program, Splunk has shifted its enterprise mannequin focus from on-premises towards cloud-based SaaS consumption, which performs to Steele’s strengths.
“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,” Splunk’s interim CEO Graham Smith mentioned in a press release.