. The company joined dozens of other anti-spam software providers[7] in a business opportunity fueled by an exponential increase in spam volume that was threatening worker productivity, making spam a top business priority. [6] History [ edit] Company [ edit] Before founding Proofpoint in 2002, Steele was CEO of Portera and prior to that held leadership roles at Sybase, Microsystems and Hewlett-Packard. Ive dedicated my career to helping companies around the world safeguard their data, systems and infrastructure, and know firsthand how critical Splunks products and solutions have become to customers as they navigate hybrid, multi-cloud environments with increasingly complex attacks and threat actors, Steele said. But we are going to push more into global markets. He raised over $86 million in capital and steered the company through its successful IPO in 2012. 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. www.vbprofiles.com is now www.topionetworks.com. All rights reserved. vice president and general manager of the Middleware and Data Warehousing Product Group, Intelligent Assistance and Bots Ecosystem. degree in computer science from Washington State University. Revenue for the period rose 21% from a year ago, to $901.1 million. On average, Proofpoint Inc executives and independent directors trade stock every 7 days with the average trade being worth of $2,695,492. 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, Steele said in a statement. [20] It could be run either as a dedicated appliance, virtual appliance, or software suite. Sunnyvale, CA - June 29, 2011 - Proofpoint, Inc., the leading provider of cloud-based email security and compliance solutions, today announced that it has appointed David Knight to the position of executive vice president of product management and marketing. Implement the very best security and compliance solution for your Microsoft 365 collaboration suite. Not the Gary Steele you were looking for? Before joining Proofpoint, Gary served as the Chief Executive Officer at Portera, an applications company delivering solutions for the professional services industry. We will update Gary Steele's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Prior to Portera, Mr. Steele served as the vice president and general manager of the Middleware and Data Warehousing Product Group at Sybase, Inc., an organization of more than 350 people, spanning four geographies and generating $150M in revenue. 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. Reduce risk, control costs and improve data visibility to ensure compliance. 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. Read the latest press releases, news stories and media highlights about Proofpoint. ET) to discuss results. The estimated net worth of Gary Steele is at least $5.11 million as of May 13th, 2021. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. Learn More on Gary Steele's trading history. Proofpoint's security portfolio includes products that stop both traditional cyberattacks (delivered via malicious attachments and URLs) and socially engineered attackssuch as business email compromise (BEC) and credential phishingthat do not use malware. social, mobile, web, and dark web) channels to detect, prevent, malicious or unwanted content from undermining organizational efforts to build brand across all major social media platforms. Terms and conditions Disarm BEC, phishing, ransomware, supply chain threats and more. The shares were sold at an average price of $129.88, for a transaction totalling $649,400.00. 76. Thank you for accessing our content on the Topio Networks Market Intelligence Center. As Chairman and CEO of Proofpoint Inc, Gary Steele has a total base salary of $594,583 . We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. 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. So, how much is Gary Steele worth at the age of 49 years old? To access all the content for free, please sign up by entering your email. Gary's mailing address filed with the SEC is C/O UPWORK INC.,, 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO, CA, 94107. Were thrilled to welcome Gary to the Splunk team, and look forward to working with him to further scale the business and extend the value we provide our customers and partners., Splunk has built one of the most respected brands in tech and is at the forefront of security and observability. This morning I had a chance to talk to Proofpoint CEO Gary Steele, who has been at the helm for nearly a decade. Steele appears to have chosen a good moment to join Splunk, as the company announced solid fourth-quarter results today, beating Wall Streets expectations. 5+ . [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. 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. About Gary Steele. Under his leadership, Portera raised over $100 million from leading venture capitalists and grew from its initial concept to $20 million in revenue. Splunks executive management team will host a conference call today, March 2, 2022, at 1:30 p.m. PT (4:30 p.m. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. We have always had a policy that we do not tolerate racism, harassment, or discrimination of any form. Mike Wheatley. Bottom line: This is a tremendous opportunity for us and for our customers. Connect with us at events to learn how to protect your people and data from everevolving threats. Splunks stock is up $2.08 (1.81 percent) to $117 per share in after-hours trading Wednesday. See why organizations trust Splunk to help keep their digital systems secure and reliable. This net worth approximation does not reflect any other assets that Mr. Steele may own. His experience with Sun Microsystems and Hewlett-Packard included business development, marketing, and engineering roles. Steele spoke to the Mercury News about. Gary Steele is an experienced technology industry executive who has served as founding CEO of Proofpoint since 2002. SiliconANGLE co-founder and CEO John Furrier said at the time that Splunks board likely felt the need to reboot things to keep up with the scale of the cloud. We have estimated He is currently single. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. Protect your people from email and cloud threats with an intelligent and holistic approach. Willy, 50, joined Proofpoint in December 2016 to lead global customer service, renewals and worldwide systems engineering, and was promoted in July 2020 to EVP and GM, Security Products and Services, where hes responsible for the companys email, threat intelligence and detection, authentication and response product lines. Steele takes over April 11 for Graham Smith, who has served as the companys interim CEO since longtime leader Doug Merritt abruptly resigned in November 2021. But along the way came software as a service (SaaS). 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. Most recently he sold 7,500 units of PFPT stock worth $284,625 on 13 May 2021. As of 13 May 2021 he still owns at least 29,038 units of Proofpoint Inc stock. The San Francisco-based data platform giant praised Steele for successfully scaling SaaS operations and growing multi-billion-dollar global enterprises during his two decades leading Sunnyvale, Calif.-based email security vendor Proofpoint. Access the full range of Proofpoint support services. 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. Proofpoint can also be reached via phone at (408) 517-4710 and via email at [emailprotected] Learn More on Gary Steele's contact information. [30] Fortiva used Exchange journaling to automatically archive all internal and external communications so that end users can search all archived messages, including attachments, directly from a search folder in Outlook.[31]. A federal jury has awarded $13.5 million in compensatory damages to Proofpoint in a trade secrets lawsuit against Vade Secure.. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. Cocktail Reception. The company was founded by Eric Hahn in May 2002 and is headquartered in Sunnyvale, CA. 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. Level 2 Fire Marshal - Course Content: Legislation The Principles of Combustion Fire Procedures Role of the Fire Marshal Fire Extinguishers Reducing the Risk: Fire Prevention How Long? Exhibit A . It is a way to better detect potential threats. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Learn More about Gary Steele's net worth. 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. There are 3 older and 11 younger executives at Proofpoint Inc. GENERAL RELEASE AGREEMENT . Splunk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. Opinions expressed by Forbes Contributors are their own. Over the last 13 years, insiders at Proofpoint Inc have traded over $180,468,553 worth of Proofpoint Inc stock. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. In this capacity, he initiated and spearheaded all new Internet projects targeted at the enterprise. 04:56. Tue, Sep 6 2016 6:35 AM EDT. Learn about the technology and alliance partners in our Social Media Protection Partner program. Prior to Proofpoint, Steele was CEO of Portera and held . Deliver Proofpoint solutions to your customers and grow your business. A deal would allow Cisco to better compete with Palo Alto Networks, which has network and security operations. Disarm BEC, phishing, ransomware, supply chain threats and more. [11] According to the 2004 National Technology Readinesed the number of spam detection attributes to more than 50,000[ambiguous]. 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. Proofpoint offers software or SaaS aimed at different facets of email security. 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 Proofpoints workforce to 3,300 staff, and engineered the companys $12.3 billion sale to Thoma Bravo in August 2021. Panelist: Gary Steele, Chief Executive Officer, Proofpoint, Inc. 4:20 PM - 4:30 PM. A jubilant Gary Steele, Proofpoint's chief exec, told legal newswire Law360: "While we welcome fair competition and collaboration within the cybersecurity community, the misappropriation, copying and theft of our intellectual property required us to vigorously enforce our rights." Defend your data from careless, compromised and malicious users. He has a strong passion for people supported by extensive experience in leading business teams through periods of continuous growth and improvement. Protect your people from email and cloud threats with an intelligent and holistic approach. 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. You can see the complete history of Mr. Steele stock trades at the bottom of the page. Learn about our people-centric principles and how we implement them to positively impact our global community. Stand out and make a difference at one of the world's leading cybersecurity companies. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Like most SaaS companies, we have been focused on the U.S. market about 80% of our business comes from the U.S. Steele boasts more than 30 years of experience as a technology executive, spending the past two decades focused on driving Proofpoint. Prior to Proofpoint, Steele was CEO of Portera and held various leadership roles at Sybase, Sun Microsystems and Hewlett-Packard. Keep up with the latest news and happenings in the everevolving cybersecurity landscape. 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.. These products work across email, social media, mobile devices, and the cloud.[24][25][26][27]. This field is for validation purposes and should be left unchanged. Steele holds a Bachelors of Science in Computer Science from Washington State University. Build resilience to meet todays unpredictable business challenges. Five insights you might have missed from the Dell-DXC livestream event, Interview: Here's how AWS aims to build new bridges for telcos into the cloud-native world, Dell addresses enterprise interest in a simpler consolidated security model, The AI computing boom: OctoML targets machine learning workload deployment, Automation is moving at a breakneck pace: Heres how that trend is being leveraged in enterprise IT, DIVE INTO DAVE VELLANTES BREAKING ANALYSIS SERIES, Dave Vellante's Breaking Analysis: The complete collection, MWC 2023 highlights telco transformation and the future of business, Digging into Google's point of view on confidential computing, Cloud players sound a cautious tone for 2023. Learn More on Gary Steele's contact information. 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. He is from . Raised over $86M in. Privacy Policy Learn More on Proofpoint's active insiders. Everyone following the news understands threat actors are not going anywhere. [12], In 2004, strict new HIPAA regulations governing financial disclosures and the privacy of health care data prompted Proofpoint to begin developing new products that would automatically identify and intercept outbound email containing sensitive information. Mr. Steeles prior experience includes business development, marketing, and engineering roles at Sun Microsystems and Hewlett-Packard. Click to read more about the interview! Become a channel partner. Defend your data from careless, compromised and malicious users. The Wall Street Journal reported last month that networking giant Cisco put down a takeover offer for Splunk worth more than $20 billion. Gary Steele brings a broad range of enterprise software experience to the company. 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. 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. Sitemap, A Message from Gary Steele, CEO, Proofpoint, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. We first announced the proposed deal back in April, and Proofpoint shareholders agreed to the transaction last month with regulatory approvals following. We would like to show you a description here but the site won't allow us. There are no executives at Proofpoint Inc getting paid more. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Under Gary's. 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. Gary Steele is the founding CEO of Proofpoint, an enterprise software security company with over 3,300+ employees worldwide. 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. The company provides solutions for large and mid-sized organizations, protecting people, data and brands from advanced threats and compliance risks. Todays cyber attacks target people. Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors, with more than $76 billion in assets under management as of December 31, 2020. Learn about the technology and alliance partners in our Social Media Protection Partner program. Find the information you're looking for in our library of videos, data sheets, white papers and more. [36], In the 2016 Forrester Wave for Digital Risk Monitoring, Q3 2016 the Proofpoint digital risk / social media product was included in an evaluation of the nine top vendors in this emerging market. 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 . Same platform but with new and improved features. Privacy Policy Proofpoint, Inc. (NASDAQ:PFPT) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ETCompany Participants. [9], On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. Learn about the latest security threats and how to protect your people, data, and brand. Overview. Click here to join the free and open Startup Showcase event. Proofpoint introduced a new product, the Network Content Sentry, as an add-on appliance to the Content Security Suite in August 2005. 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. But the good news is, if China invades Taiwan, there is a way to protect yourself. Before joining Proofpoint, Mr. Steele served as the CEO of Portera, an applications company delivering solutions for the professional services industry. 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]. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. 2005 - 2023 Splunk Inc. All rights reserved. 2023 Splunk Inc. All rights reserved. He holds a B.S. 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. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including those described in the companys Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2021, which is on file with the U.S. Securities and Exchange Commission (SEC) and Splunks other filings with the SEC. watch now. [18] Moving a dedicated hardware appliance to a virtual server eliminates problems associated with proprietary hardware and reduces upgrade costs,[19] though it does require knowledge of VMware's virtual server architecture. Become a channel partner. A key differentiator is that the Big Data platform is in real-time. 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. Gary Steele was born on 1 May, 1973. For the current quarter, Splunk offered revenue guidance of $615 million to $635 million, comfortably ahead of Wall Streets forecast of $604.9 million. "Proofpoint Inc. Learn about our unique people-centric approach to protection. Learn about the human side of cybersecurity. Learn about our global consulting and services partners that deliver fully managed and integrated solutions.