We have estimated 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. 5+ . Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. [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. This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our organizational changes, our goals and earnings. Gary Steele, Proofpoint CEO, discusses what to expect in the world of hacking, especially in an election year. 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. 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. The stock was trading up about 9% after pricing at $13, which was above the initial $10-to-$12 range. Locations. Gary Steele -- Chief Executive Officer and Chairman of the Board Thanks, Jason. 4. I am pleased to announce that Proofpoints acquisition by Thoma Bravo was completed today. 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. 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. President and CEO Jan 2006 - Present17 years 2 months I have been CEO of KLA-Tencor since January of 2006. We were devastated by the recent mass murder in Atlanta, which targeted Asian-owned businesses and where six of the eight people killed were women of Asian descent. Proofpoints focus is on large enterprises, and the company has customers like Bank of America and HCA. Click here to join the free and open Startup Showcase event. The jury unanimously found that Vade Secure "willfully and maliciously" misappropriated over a dozen trade secrets and infringed copyrights belonging to Proofpoint and its subsidiary, Cloudmark. See why organizations trust Splunk to help keep their digital systems secure and reliable. Security leaders and organizations are going to need to figure out how do you defend people when they are sitting at home working from their couch just . 2023. [6] History [ edit] Company [ edit] What does this mean for our employees and stakeholders? We are incredibly excited to begin this next chapter in Proofpoints journey by leveraging Thoma Bravos significant experience in the technology space most notably its deep cybersecurity expertise and overall approach to value creation. Enter your email address below to get our daily insider buying and selling report. We have built a Big Data platform, which can process billions of requests per day and is built on Hadoop. Todays cyber attacks target people. Steele was additionally granted $12 million of restricted stock units with a four-year vesting period, and $18 million of performance-based stock units that, if earned, will vest over three years, according to regulatory filings. 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. As you might imagine, Ive been working closely with the Thoma Bravo team to ensure a smooth transition. Connections. Proofpoint (Nasdaq:PFPT), a cloud-based provider of security solutions, launched its IPO today to a slightly warm welcome. vice president and general manager of the Middleware and Data Warehousing Product Group, Intelligent Assistance and Bots Ecosystem. Stand out and make a difference at one of the world's leading cybersecurity companies. Steele was previously chairman and CEO of Proofpoint, a formerly public cybersecurity company that in August was acquired by the private equity firm Thoma Bravo. Help your employees identify, resist and report attacks before the damage is done. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. It shows that good CEOs are in short supply, Mueller said. 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. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. He received nearly $3.4 million of total compensation from Proofpoint in 2020. Gary Steele has been working as a Chief Executive Officer at TES for 13 years. gov. Sitemap, A Message from Gary Steele, CEO, Proofpoint, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. We are very pleased with our Q2 results, with our. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. A message from John Furrier, co-founder of SiliconANGLE: Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts. 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. Protect your people from email and cloud threats with an intelligent and holistic approach. Learn about our people-centric principles and how we implement them to positively impact our global community. Gary brings a broad range of enterprise software experience to the company. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. Reduce risk, control costs and improve data visibility to ensure compliance. 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. Everyone following the news understands threat actors are not going anywhere. Secure access to corporate resources and ensure business continuity for your remote workers. He appeared as a contestant on the UK version of Deal Or No Deal on 28 June 2011. We are building out the technology infrastructure and sales and marketing organization. Protect your people from email and cloud threats with an intelligent and holistic approach. 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. "There are huge benefits to collaboration," says Proofpoint CEO Gary Steele.. "However, I do believe fundamentally that this work from home economy that we're living in is going to change the face of work. According to our Database, He has no children. Prior to Proofpoint, Steele was CEO of Portera and held . Meanwhile, Splunk announced that President and Chief Growth Officer Teresa Carlson, will be leaving the company to pursue other career opportunities. Mr. Steele will stay on until March 19, 2022, to ensure a. Proofpoint Inc executives and other stock owners filed with the SEC include: Gary Steele, Chairman of the Board, Chief Executive Officer Paul Auvil, Chief Financial Officer David Knight, Executive Vice President, General Manager, Security Products Blake Salle, Executive Vice President, Worldwide Sales Gary L. Steele, Chairman of Board & CEO Learn about the benefits of becoming a Proofpoint Extraction Partner. 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. Prior to Proofpoint, he was the CEO of Portera and held leadership roles with Sybase, Sun Microsystems and Hewlett-Packard. . 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. 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. [37] On November 4, 2015 Proofpoint acquired Socialware Inc., a compliance workflow & content capture and review technology company.[38]. 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. [10], The company's first product was the Proofpoint Protection Server (PPS) for medium and large businesses. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. To lure Steele from Proofpoint, Splunk offered him a base salary of $900,000, a cash signing bonus of $8 million, and a target annual bonus of 125 percent his annual base salary. Gary Steele's net worth Learn about the human side of cybersecurity. Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. Learn about the technology and alliance partners in our Social Media Protection Partner program. Customer success starts with data success. Its the second successive quarter in which Splunk has topped analysts targets. Deliver Proofpoint solutions to your customers and grow your business. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. 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. Discover today's celebrity birthdays and explore famous people who share your birthday. Most recently, Gary Steele sold 5,000 shares of the business's stock in a transaction on Tuesday, April 6th. 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, Smith said in a statement. Gary L. Steele serves as Chairman of the Board, Chief Executive Officer of the Company. 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 estimated net worth of Gary Steele is at least $5.11 million as of May 13th, 2021. SUNNYVALE, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Proofpoint, Inc., a leading cybersecurity and compliance company, today announced it has completed its acquisition of Dathena, an innovator in. 4:30 PM - 5:30 PM. Learn More on Proofpoint's active insiders. Mr. Steele owns 29,038 shares of Proofpoint stock worth more than $5,107,784 as of March 4th. It means business as usual with our continued focus on delivering a world-class customer experience. The Board is focused on ensuring a seamless transition and remains committed to driving long-term value for our stockholders., Fourth Quarter and Fiscal Year 2022 Earnings. 2023 Splunk Inc. All rights reserved. proofpoint.com; rambus.com; 3 408-377-XXXX; 408594XXXX; 408850XXXX; Doug Merritt Chief Executive Officer. 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. Cocktail Reception. 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. Before joining Proofpoint, Gary served as the Chief Executive Officer at Portera, an applications company delivering solutions for the professional services industry. Read the latest press releases, news stories and media highlights about Proofpoint. Proofpoint Headquarters located in Sunnyvale California. [7] An additional $9 million in Series B funding led by New York-based RRE Ventures was announced in October, 2003. So, how much is Gary Steele worth at the age of 49 years old? He is currently single. Returning to Great Britain, he became the first NWA United Kingdom Heavyweight Champion after defeating Johnny Moss in a tournament final at Telford Shropshire, England on 2 November 2001. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Cisco CEO Chuck Robbins responded to the rumors last month, saying: We are always disciplined and continue to focus on organic and inorganic opportunities You should expect us to continue to be very disciplined as we move forward. Spending $20 billion to buy Splunk would be the largest purchase in the networking giants 38-year history, which has featured nearly 240 acquisitions. A key differentiator is that the Big Data platform is in real-time. The company needs some tightening up to increase its seaworthiness, as it has been caught out in the transition to subscription storms.. Learn More on Gary Steele's trading history. Im honored to join the company at such an important moment for both Splunk and the industry, said Steele. Mike Wheatley. Terms and conditions Gary Steele -- Chief Executive Officer and Chairman Thanks, Jason. In other words, hes likely to understand and value Splunks culture while also providing the business acumen the company needs to evolve and move into new markets.. The oldest executive at Proofpoint Inc is JonathanFeiber, 62, who is the Independent Director. While competing in the United States with the National Wrestling Alliance, Steele defeated Naoya Ogawa in a three-way match with Brian Anthony in Charlotte, North Carolina on 25 September 1999 to become the first-ever English World Heavyweight Champion in professional wrestling history and one of the youngest wrestlers to win the NWA World Heavyweight Championship although he would lose the title to Ogawa one week later in Thomaston, Connecticut on 2 October. There are no executives at Proofpoint Inc getting paid more. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. 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. Proofpoint Messaging Security Gateway V5.0 was released in June 2007, and was based on a new, integrated architecture, combining all its capabilities into a single platform. We have about 100 of the Fortune 1,000. 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. He is from . Thank you for accessing our content on the Topio Networks Market Intelligence Center. The guidelines also address how well the products recognize e-mail messages from legitimate sources.[21]. Splunk, which makes software thats used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. Under his leadership, Portera raised over $100 million from leading venture capitalists and grew from its initial concept to $20 million in revenue. Neither is Proofpoint. In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. 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 . Proofpoint, Inc. engages in provision of security-as-a-service that enables large and mid-sized organizations worldwide to defend, protect, archive and govern their most sensitive data. Steele is a highly regarded technology executive with over 30 years of experience and a proven track record of successfully scaling SaaS operations and growing multi-billion dollar global enterprises. Active Cupertino, CA President for Proofpoint, Inc. (408)517-4710. Get deeper insight with on-call, personalized assistance from our expert team. Others Named Gary Steele. A trained submission wrestler and martial artist, Steele also appeared at the Pro Wrestling ZERO-ONE PPV supercards "Fighting Athlete" in March 2001 and True Century Creation II in March 2002. 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. 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. 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. These products work across email, social media, mobile devices, and the cloud.[24][25][26][27]. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. The shares were sold at an average price of $129.88, for a transaction totalling $649,400.00. Small Business Solutions for channel partners and MSPs. Learn about our relationships with industry-leading firms to help protect your people, data and brand. Gary Steele received compensation valued at about $8,954,682 in 2020 after becoming Chairman and CEO. I'd like to thank, everyone, for joining us on the call today. Gary Steele is Splunk's President and Chief Executive Officer and a member of our board of directors. Reduce risk, control costs and improve data visibility to ensure compliance. He holds a B.S. Transform your business in the cloud with Splunk. [6], The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. On average, Proofpoint Inc executives and independent directors trade stock every 7 days with the average trade being worth of $2,695,492. Discover what Splunk is doing to bridge the data divide. Splunk has landed Proofpoint founder and CEO Gary Steele as its next top executive to help the security and observability vendor further scale its business. 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. Steele holds a Bachelors of Science in Computer Science from Washington State University.