Di Leo brings strong global sales leadership
experience across direct and channel organizations at leading,
high-growth SaaS businesses
Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical
event management (CEM) and national public warning software
solutions, today announced the appointment of John Di Leo as Chief
Revenue Officer, responsible for leading the company’s global sales
and go-to-market teams including global partnerships, business
development, professional services, and Everbridge’s centers of
excellence. Mr. Di Leo joins Everbridge, effective immediately, and
reports to Chief Executive Officer David Wagner.
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John Di Leo Appointed as Everbridge Chief
Revenue Officer
“John brings to Everbridge over 30 years of sales leadership
experience across a wide range of technology products, services,
and go-to-market motions,” said Mr. Wagner. “I had the opportunity
to collaborate with John at his prior company and I am excited to
have him part of Everbridge. John is an extraordinarily
customer-focused leader who brings out the best in his teams and
works to align the entire organization in support of the customer.
He also has extensive international experience which will further
support our ongoing global expansion, both direct and through key
partnerships.”
Prior to Everbridge, Mr. Di Leo served as Chief Revenue Officer
of Zix, a leader in email security and encryption. In this role he
integrated and optimized a complex set of sales motions: direct
(both Enterprise and SMB), VAR channels, and managed services
partnerships. In addition, his close collaboration with the product
organization enhanced Zix’s delivery in the European market which
resulted in doubling of international annual recurring revenue
(ARR) in less than two years. Following Zix’s acquisition by
OpenText, Mr. Di Leo served as SVP of OpenText.
Before Zix, Mr. Di Leo served as Chief Revenue Officer at
Entrust|Datacard where over two-thirds of the company’s revenues
were from outside North America and Mr. Di Leo’s team conducted
business in 190 countries and with many of the Global 2000. Prior
to Entrust|Datacard, he had a distinguished sales and sales
leadership career at NCR selling software, hardware, services and
support across a large range of customers and geographies, again
including many of the Global 2000.
Mr. Di Leo has a Master of Science in Business from The John
Hopkins University – Carey Business School.
“I am thrilled to join Everbridge,” commented Di Leo. “The
company’s mission of protecting lives and reducing business
disruption from critical events is extremely relevant to the times
we are living in. I am excited to put my experience to work further
scaling Everbridge’s global impact.”
The Company also announced that the Compensation Committee of
the Board of Directors of the Company approved inducement awards
under Nasdaq Listing Rule 5635(c)(4) consisting of 100,000
restricted stock units (“RSUs”) and 100,000 performance stock units
(“PSUs”) to Mr. Di Leo, pursuant to the Everbridge, Inc. 2022
Inducement Plan. Awards of 100,000 RSUs were granted on February,
13, 2023 to Mr. Di Leo. The RSUs will vest over four years, with
25% of the underlying shares vesting on the one-year anniversary of
the applicable vesting commencement date, and 75% of the underlying
shares vesting in equal installments over the next twelve calendar
quarters, with the first such installment vesting on the date which
is three months after the initial vesting date. An award of 100,000
PSUs will be granted to Mr. Di Leo, in Q1 2023, subject to the
recipient’s continued employment on the grant date, and will vest
based on performance measures determined by Everbridge’s Board of
Directors at the time of grant.
About Everbridge
Everbridge, Inc. (NASDAQ: EVBG) is a global software company
that provides enterprise software applications that automate and
accelerate organizations’ operational response to critical events
in order to Keep People Safe and Organizations Running™. During
public safety threats such as active shooter situations, terrorist
attacks or severe weather conditions, as well as critical business
events including IT outages, cyber-attacks, product recalls or
supply-chain interruptions, over 6,400 customers in 76 countries
rely on the Company’s Critical Event Management Platform to quickly
and reliably aggregate and assess threat data, locate people at
risk and responders able to assist, automate the execution of
pre-defined communications processes through the secure delivery to
over 100 different communication modalities, and track progress on
executing response plans. For more information, visit
www.everbridge.com, read the company blog, and follow on Twitter
and Facebook.
Cautionary Language Concerning Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the anticipated opportunity and trends for
growth in our critical communications and enterprise safety
applications and our overall business, our market opportunity, our
expectations regarding sales of our products, our goal to maintain
market leadership and extend the markets in which we compete for
customers, and anticipated impact on financial results. These
forward-looking statements are made as of the date of this press
release and were based on current expectations, estimates,
forecasts and projections as well as the beliefs and assumptions of
management. Words such as “expect,” “anticipate,” “should,”
“believe,” “target,” “project,” “goals,” “estimate,” “potential,”
“predict,” “may,” “will,” “could,” “intend,” variations of these
terms or the negative of these terms and similar expressions are
intended to identify these forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which involve factors or circumstances that
are beyond our control. Our actual results could differ materially
from those stated or implied in forward-looking statements due to a
number of factors, including but not limited to: the ability of our
products and services to perform as intended and meet our
customers’ expectations; our ability to successfully integrate
businesses and assets that we may acquire; our ability to attract
new customers and retain and increase sales to existing customers;
our ability to increase sales of our Mass Notification application
and/or ability to increase sales of our other applications;
developments in the market for targeted and contextually relevant
critical communications or the associated regulatory environment;
our estimates of market opportunity and forecasts of market growth
may prove to be inaccurate; we have not been profitable on a
consistent basis historically and may not achieve or maintain
profitability in the future; the lengthy and unpredictable sales
cycles for new customers; nature of our business exposes us to
inherent liability risks; our ability to attract, integrate and
retain qualified personnel; our ability to maintain successful
relationships with our channel partners and technology partners;
our ability to manage our growth effectively; our ability to
respond to competitive pressures; potential liability related to
privacy and security of personally identifiable information; our
ability to protect our intellectual property rights, and the other
risks detailed in our risk factors discussed in filings with the
U.S. Securities and Exchange Commission (“SEC”), including but not
limited to our Annual Report on Form 10-K for the year ended
December 31, 2021 filed with the SEC on February 25, 2022. The
forward-looking statements included in this press release represent
our views as of the date of this press release. We undertake no
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. These forward-looking statements should not be relied
upon as representing our views as of any date subsequent to the
date of this press release.
All Everbridge products are trademarks of Everbridge, Inc. in
the USA and other countries. All other product or company names
mentioned are the property of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20230213005338/en/
Media: Jeff Young jeff.young@everbridge.com
781-859-4116
Investor: Nandan Amladi nandan.amladi@everbridge.com
617-665-7197
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