. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. Disarm BEC, phishing, ransomware, supply chain threats and more. All rights reserved. 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. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2018 Earnings Call July 26, 2018 4:30 PM ETExecutives. Gary Steele - Biography - MarketScreener.com Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. 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. By the time he left, Splunks annualized recurring revenue was closer to $3 billion. The corporate mailing address for Mr. Steele and other Proofpoint executives is 892 ROSS DRIVE, SUNNYVALE CA, 94089. [20] It could be run either as a dedicated appliance, virtual appliance, or software suite. Discover Gary Steele's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. In this capacity, he initiated and spearheaded all new Internet projects targeted at the enterprise. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. 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. 5+ . Under Mr. Steeles leadership, Portera raised more than $100M in capital from some of the leading venture capitalists including Kleiner Perkins, IVP, and American Express, and grew the business from its initial concept to $20M in revenue. We have estimated Deliver Proofpoint solutions to your customers and grow your business. 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. Not the Gary Steele you were looking for? Learn More on Proofpoint's active insiders. But we are going to push more into global markets. This is critical when dealing with security. Learn about the latest security threats and how to protect your people, data, and brand. [9], On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Cocktail Reception. 4:30 PM - 5:30 PM. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. 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 . 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. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. These products work across email, social media, mobile devices, and the cloud.[24][25][26][27]. Exhibit A . That promotion went on to be renamed World Championship Wrestling. Steele said he is honored to join what is one of the most respected brands in tech and a company that sits at the forefront of security and observability.. Mr. Steele owns over 7,500 units of Proofpoint Inc stock worth over $5,107,784 and over the last 10 years he sold PFPT stock worth over $46,690,895. Proofpoint (PFPT) Q2 2018 Results - Earnings Call Transcript Discover what Splunk is doing to bridge the data divide. A key differentiator is that the Big Data platform is in real-time. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. 76. watch now. annual security awareness refresher training Gary Steele net worth, bio and Proofpoint Inc insider trades. 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. Its been extremely upsetting that over the past year, the number of attacks have increased, including someagainst friends, neighbors, employees, andtheir familiesandloved ones. I cant wait to get started and earn the right to call myself a Splunker.. Proofpoint - CEO Gary Steele recently spoke with the Wall - Facebook Learn about the human side of cybersecurity. Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. Splunk hires Gary Steele from Proofpoint as its new CEO Same platform but with new and improved features. by Search our database of over 100 million company and executive profiles. Connections. Read the latest press releases, news stories and media highlights about Proofpoint. Mr. Steele will stay on until March 19, 2022, to ensure a. Stand out and make a difference at one of the world's leading cybersecurity companies. 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. Follow. Access the full range of Proofpoint support services. employer identification no.) 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, says Gary Steele. 4. Find contact details for 700 million professionals. Learn about our people-centric principles and how we implement them to positively impact our global community. Get the latest cybersecurity insights in your hands featuring valuable knowledge from our own industry experts. 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. TES is part of the Energy, Utilities & Waste industry, and located in Singapore. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. Steele, who is currently the CEO of cybersecurity firm Proofpoint Inc., will assume the role on April 11, when he will also join Splunks board of directors. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. We saw a large opportunity to create a broad suite of applications for the security market. Splunk appoints Gary Steele as CEO - Help Net Security - Information Plan your migration with helpful Splunk resources. In a step towards simpler operational requirements, the Proofpoint Messaging Security Gateway Virtual Edition was released in April 2007. We are very pleased by the strong start to the year, with our. We want to make sure you get the most out of our platform. It is a way to better detect potential threats. Proofpoint, Inc. is an American enterprise security company based in Sunnyvale, California that provides software as a service and products for email security, data loss prevention, electronic discovery, and email archiving . Learn about our unique people-centric approach to protection. Splunk, Splunk>, Data-to-Everything and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. 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. Small Business Solutions for channel partners and MSPs. Proofpoint Nov 2002 - Mar 202219 years 5 months Founding CEO at Proofpoint in 2002 and led its rise from an early-stage start-up to a leading security-as-a-service provider. The product runs as a virtual appliance on a host running VMware's virtual server software. 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, said Graham Smith, Interim CEO and Chair of Splunk. 2023. A highly regarded technology executive with over 30 years of experience, he has a proven track record of successfully scaling SaaS operations and growing multi-billion dollar global enterprises. Moving into the software-as-a-service business, Proofpoint introduced Proofpoint on Demand, a hosted version of its email security and data loss prevention offerings. Proofpoint uses anti-spam product to find inside leaks . 2023 Splunk Inc. All rights reserved. At 49 years old, Gary Steele height not available right now. The company reported a loss of $140.8 million, with earnings before certain costs such as stock compensation of of 66 cents per share. Expands Executive Team, Hires Klaus Oestermann as President and Chief Operating Officer; Proofpoint's Board of Directors Appoints CEO Gary Steele as Chairman as Eric Hahn Announces Retirement", "Proofpoint: Number of Employees 2011-2019 | PFPT", "Thoma Bravo Completes Acquisition of Proofpoint", Proofpoint adds funding, San Jose Business Journal, Oct 14, 2003, "Proofpoint Agreed To Be Acquired By Thoma Bravo", Fighting Spam, Fueling Growth, InformationWeek Research's Outlook 2004 Survey, Proofpoint improves spam prevention, Nov 3, 2003, NetworkWorld, IronPort, Proofpoint appliances target spam, NetworkWorld, March 15, 2004, BorderWare and Proofpoint boxes are both capable spam combatants, Infoworld, May 28, 2004, "ProofPoint Appliance Stands Guard At E-Mail Gate", "Proofpoint, Voltage Team on E-Mail Encryption", CRN Test Center Review: A Virtual Solution To Spam, ChannelWeb, Apr 23, 2007, "Earth Times: show/icsa-labs-introduces-formal-testing-of-anti-spam-products,345941.shtml", "Proofpoint jumps into security services fray", "Proofpoint Offers On Demand Email Security for SMBs", "Proofpoint Enterprise Protection: Product overview", "Proofpoint Email Encryption: Product overview", "Proofpoint releases Proofpoint Intelligent Supervision | Compliance Week", "The Forrester Wave: Digital Risk Monitoring, Q3 2016", "FBI: Email Scams Take $3.1 Billion Toll on Businesses", "Proofpoint Announces Intelligent Supervision and Compliance Gateway to Help Customers with FINRA and SEC Audits | Proofpoint", "Social Media Phishing Soars, New Trend Is Fake Customer Service", "Proofpoint acquires Nexgate for $35 million", "nexgate-blog-proofpoint-acquires-socialware--expan", "Proofpoint Signs Definitive Agreement to Acquire Illusive", "Proofpoint Enters into Definitive Agreement to Acquire InteliSecure; Augments People-Centric Managed Services Offering | Proofpoint US", "Proofpoint's (PFPT) Q1 Earnings Top Estimates, View Slashed", "Proofpoint Enters into Definitive Agreement to Acquire ObserveIT for $225 Million in Cash; Extending Leadership in People-Centric Security and Compliance to Deliver Post-Perimeter Data Loss Prevention | Proofpoint US", "Software-Defined Perimeter in the Cloud", "Proofpoint acquires Meta Networks to strengthen its cloud-based architecture and its security platform", "Proofpoint Acquires Meta Networks for Nearly $120m", "Wombat Security acquired for $225M by Silicon Valley cybersecurity company", "Proofpoint completes Wombat acquisition, aims to increase revenue by millions", "Proofpoint Enters into Definitive Agreement to Acquire Weblife for $60 million; Extends Protection Capabilities to Enterprise Users' Web-based Personal Email", "Proofpoint acquires Cloudmark for $110M in cybersecurity consolidation play", "Proofpoint acquires Israeli Firelayers for $55 million", "Proofpoint pays $55 million for Israel's FireLayers", "Proofpoint Battens Against Spoofers, Phishers With $18 Million Buy", "Cybersecurity Company Proofpoint Acquires Socialware", "Proofpoint to Acquire Emerging Threats for $40M", "Proofpoint Acquires Emerging Threats for $40 Million", "Proofpoint acquires NetCitadel in $24M deal", "Proofpoint Acquires Sendmail for $23M in Cash", "Proofpoint to Acquire Armorize Technologies for $25 Million - SecurityWeek.Com", "Proofpoint Seals $25 Million Deal For Armorize Technologies", "Abaca Technology Corporation: Private Company Information - Bloomberg", "California company buys Utah's NextPage", "Proofpoint Acquires Secure Data In Motion", https://en.wikipedia.org/w/index.php?title=Proofpoint,_Inc.&oldid=1135792967, This page was last edited on 26 January 2023, at 22:04. "Proofpoint Inc. At the time of its initial public offering (IPO), the company's shares traded at $13 apiece; investors purchased more than 6.3 million shares through the IPO, raising more than $80 million. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. Following the completion of the sale, the chief executive officer now directly owns 68,290 shares of the company's stock, valued at $8,869,505.20. [11] According to the 2004 National Technology Readinesed the number of spam detection attributes to more than 50,000[ambiguous]. Tue, Sep 6 2016 6:35 AM EDT. Were thrilled to welcome Gary to the Splunk team., [Related: Splunk CEO Doug Merritt Exits After $1B Silver Lake Investment]. Terms and conditions Learn about our relationships with industry-leading firms to help protect your people, data and brand. Leadership | Splunk [15], Another product introduction in November 2004 included Protection Server 3.0, with Email Firewall and MLX-based Dynamic Reputation Analysis, and the Content Security Suite, plug-in modules designed for scanning outbound messages and their attachments to assist in compliance with data protection regulations such as SarbanesOxley, HIPAA, and GrammLeachBliley. 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. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Learn about the benefits of becoming a Proofpoint Extraction Partner. Protect your people from email and cloud threats with an intelligent and holistic approach. 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. As a public company, Proofpoint had a long history of strong growth combined with compelling free cash flow. Deliver Proofpoint solutions to your customers and grow your business. Learn More about Gary Steele's net worth. Steele will take over Splunks hot seat from Merritt, who had led the company for six years until his surprise departure last November. gov. Steele, 59, founded Proofpoint in November 2002, took the company public in April 2012 at a valuation of $385.6 million, became chairman in 2018, grew Proofpoint's workforce to 3,300 staff,. We don't have much information about He's past relationship and any previous engaged. So we combined the two. A Message From Gary Steele, CEO, Proofpoint | Proofpoint US Learn about the latest security threats and how to protect your people, data, and brand. 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. www.vbprofiles.com is now www.topionetworks.com. Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. Rick Wallace - Member Board of Directors - Splunk | LinkedIn Keep your people and their cloud apps secure by eliminating threats, avoiding data loss and mitigating compliance risk. While it operates out of the same region and has revised some of the regional Mid-Atlantic championships, it isn't the same promotion once owned by Jim Crockett, Jr. and sold to Ted Turner in November 1988. [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. It means business as usual with our continued focus on delivering a world-class customer experience. Holger Mueller of Constellation Research Inc. said Steele was a surprising choice, as he comes from a smaller company in an adjacent field to Splunk and hes almost 60 years old. This chart shows Gary Steele's buying and selling at Proofpoint by year and by quarter. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. The court will decide punitive damages for Vade Secure's . Prior to Proofpoint, Steele was CEO of Portera and held . 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 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. Become a channel partner. Steele was the founding CEO of Proofpoint, and over the past two decades, he led the companys growth from an early-stage start-up to a leading, publicly traded security-as-a-service provider to some of the world's best known organizations. Prior to Proofpoint, he was the CEO of Portera and held leadership roles with Sybase, Sun Microsystems and Hewlett-Packard. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. You can see the complete history of Mr. Steele stock trades at the bottom of the page. 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. 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. Steele was the founding CEO of Proofpoint, and over the past two decades, he led the company's growth from an early-stage start-up to a leading, publicly traded security-as-a-service provider to . The Mid-Atlantic promotion he was wrestling in when he won the championship has been in operation since the late 1990s. Small Business Solutions for channel partners and MSPs. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. Proofpoint's CEO: Hackers Are Winning - BankInfoSecurity Gary Steele - CEO @ Proofpoint - Crunchbase Person Profile An established thought leader in the cybersecurity space, Steeles expertise has been featured by outlets such as Forbes, CNBC, Fox Business, Fortune, Investors Business Daily, the Wall Street Journal, and MarketWatch. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. A discussion of the opportunities and challenges facing dealmakers in 2018. It was reviewed by ChannelWeb, which observed that it used a "combination of technologies: policy-based management, a spam-filtering engine and adaptive learning technology."[16]. Mike Wheatley. Read the latest press releases, news stories and media highlights about Proofpoint. Proofpoint Completes the Acquisition of Dathena; - GlobeNewswire News Room 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. Thats correct. A federal jury has awarded $13.5 million in compensatory damages to Proofpoint in a trade secrets lawsuit against Vade Secure.. Proofpoint's compliance products are designed to reduce the manual labor involved in identifying potentially sensitive data, managing and supervising it in compliance with government and industry rules, and producing it quickly in e-discovery legal requests. 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. We have about 100 of the Fortune 1,000. 925 West Maude Avenue Sunnyvale, California 94085 (Address of principal executive offices) (Zip Code) (408) 517-4710 MWC 2023 moves beyond consumer and deep into enterprise tech, Carrier equipment maker Ericsson lets go 8,500 employees, Apple reportedly planning second-generation mixed reality headset for 2025, Report: Justice Department plans lawsuit to block Adobe's $20B Figma acquisition, Galaxy Digital finalizes $44M acquisition of crypto self-custody platform GK8, Meta releases LLaMA to democratize access to large language AI models, [the voice of enterprise and emerging tech]. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. He took over as that companys founding CEO when it was still an early-stage startup, before overseeing its journey to become an established, publicly traded security-as-a-service provider and a major player in the cybersecurity space. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. Executive Edge: Three biggest cyber threats - CNBC Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. Proofpoint, Inc. (NASDAQ:PFPT) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ETCompany Participants. watch now. 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.. 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. Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. Privacy Policy This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our organizational changes, our goals and earnings. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. Gary Steele, Proofpoint Gary Steele says today's cyber-attacks are different than they were five years ago, yet too many organizations still try to defend their networks with 2009 technology. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. 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. [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 More on Gary Steele's contact information. Learn how we support change for customers and communities. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. PDF PROOFPOINT, INC. - d18rn0p25nwr6d.cloudfront.net His experience with Sun Microsystems and Hewlett-Packard included business development, marketing, and engineering roles. The process was challenging and exhausting, but it turned out to be a remarkable experience. Splunk CEO Gary Steele On Channel Opportunities, Management - CRN He received nearly $3.4 million of total compensation from Proofpoint in 2020. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. Splunks fiscal 2022 revenue rose 20%, to $2.67 billion. Big data software company Splunk Inc. unveiled its new chief executive officer today, about three months after its longtime leader Doug Merritt stepped down from the company. 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. Splunk Names Gary Steele Chief Executive Officer - Yahoo! This net worth approximation does not reflect any other assets that Mr. Steele may own. Battling the forces of darkness: Gary Steele, CEO, Proofpoint Proofpointcontinues to work on how wechampion social and racial equity to ensure everyone feels valued, supportedand safe. Its flagship product the Proofpoint Messaging Security Gateway. We recommend you to check the complete list of Famous People born on 1 May. Proofpoint, Inc. is an American enterprise security company based in Sunnyvale, California that provides software as a service and products for email security, data loss prevention, electronic discovery, and email archiving.