AlgoSec Appoints Chief Revenue Officer & Chief Financial Officer to Manage Growth Acceleration
December 03 2019 - 9:00AM
AlgoSec, the leading provider of business-driven network
security management solutions, today announced the appointment of
two key executives to its global management team as the company
focuses on driving revenue and multi-faceted business growth into
the new decade.
Chris Thomas joins AlgoSec in the role of Chief Revenue Officer
with 25 years’ experience in enterprise and channel technology
sales and partnerships. He has been a key member of several
executive management teams for venture backed enterprise software
and cloud companies which led to three successful acquisitions and
a $1B IPO.
Most recently, Mr. Thomas held the position of SVP, Worldwide
Sales for Vidyo, an enterprise-grade unified communications
platform for businesses and developers. Over a 10-year period, he
was responsible for Vidyo’s accelerated growth, including Channel
and Partner based sales strategy and execution, and led Vidyo’s
move to the cloud. He was also responsible for a successful sales
strategy based on vertical industry and global expansion which
ultimately led to Vidyo’s acquisition.
As a key member of AlgoSec’s executive management team, Mr.
Thomas will be responsible for global revenue generation activities
for AlgoSec's enterprise-driven network security management and
automation platform, including enterprises sales revenue
initiatives focused on AlgoSec’s technology eco-system, channel
partners, MSSPs, and System Integrators.
Ilan Erez joins AlgoSec as Chief Financial Officer and General
Manager, bringing a unique blend of hands-on cross functional
experience in strategic, product, financial and operational
management. He has a proven track record in business optimization
and profitable growth management, as well as integrating existing
and acquired businesses into larger organizations, while developing
and launching new breakthrough products.
Mr. Erez has over twenty years of executive experience in global
technology companies as a GM, CFO, VP of Operations and Board
Member. Most recently, he served as GM of 3D Systems’ (NYSE: DDD)
software business unit. Prior to that, he spent a decade with
Cimatron Ltd. as CFO and VP Operations before their acquisition by
3D Systems. Earlier in his career, he was CFO and VP Operations of
Silicom Ltd., a controller of Biodar Ltd. and auditor for Kesselman
& Kesselman (a member of PwC).
Yuval Baron, AlgoSec’s Chief Executive Officer said: “AlgoSec
has ambitious global growth plans, and Chris and Ilan will play a
crucial role in driving and consolidating that growth, as well as
supporting multiple promising new revenue initiatives enabled by
AlgoSec’s increasingly mission critical role in the network
security technology eco-system of today’s enterprise.”
About AlgoSecThe leading provider of
business-driven security management solutions, AlgoSec helps the
world’s largest organizations align security with their
mission-critical business processes. With AlgoSec, users can
discover, map and migrate business application connectivity,
proactively analyze risk from the business perspective, tie
cyber-attacks to business processes and intelligently automate
network security changes with zero touch – across their cloud, SDN
and on-premise networks. Over 1,800 enterprises, including 20
of the Fortune 50, have utilized AlgoSec’s solutions to make their
organizations more agile, more secure and more compliant – all the
time. Since 2005, AlgoSec has shown its commitment to customer
satisfaction with the industry’s only money-back
guarantee.
All product and company names herein may be trademarks of their
registered owners.
Media Contacts:Tsippi DachAlgoSecTsippi.dach@algosec.com
Craig CowardContext Public Relationsalgosec@contextpr.co.uk+44
(0)1625 511 966
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