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Cybersecurity Leadership Move: Drawbridge Names Financial Services Industry Vet Bill Haney as CEO, Board Member

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Drawbridge, a cybersecurity software and solutions provider to the alternate investment industry, has named William (Bill) Haney as chief executive officer and appointed him to its board of directors, the company announced in a prepared statement.

As part of the leadership shift, Drawbridge founder and board of directors member Jason Elmer will become the company’s president.

Elmer touted Haney’s experience in leading the company’s “rapid expansion strategy” to meet market demand for cybersecurity software and services for alternative asset managers:

"Bill is an accomplished leader who has steered some of the world's most innovative and disruptive technology companies. The breadth and depth of his operational and hands-on experience scaling global businesses is unmatched. The board and I are excited to have selected Bill as our next CEO. Bill’s proven leadership skills will be invaluable to Drawbridge and our customers as we accelerate our global growth and continue to set the bar for innovation, customer service and cybersecurity excellence in the alternative investment industry.”

Financial Services Veteran Takes Helm

Drawbridge notes that Haney is a financial services industry veteran with “extensive board experience and a track record implementing high growth strategies, managing rapid change and scaling international sales, operations and technology investments.”

He formerly served as CEO of Credit Benchmark, a specialist in the creation of bank-sourced consensus credit ratings. He was also the CEO of BISAM, a provider of performance, attribution, risk, GIPS composites management and reporting solutions.

Haney has held multiple senior roles at Thomson Financial and Thomson Reuters, according to Drawbridge. He served as investor and non-executive chair of Alva (sold to Falfurrias Capital Partners in 2021) and most recently Enhesa, a company focused on helping enterprises track and understand global regulations for employee and consumer safety.

Haney explained his enthusiasm for the job ahead leading Drawbridge:

"The passionate and committed team at Drawbridge has built an extraordinary company with a product, vision and commitment to customers that are unmatched across the industry. It is my privilege to join this talented group and help drive forward Drawbridge’s mission. In only a few years, more than 1,000 alternative investment managers have selected Drawbridge to help proactively manage their complete cybersecurity requirements and reduce their business risk. I’m excited to work alongside Jason and the leadership team as we begin the next stage of our growth journey, extend Drawbridge’s all-in-one platform and give alternative investment managers the solutions they need to keep their assets safe and comply with SEC and other regulations.”

Francisco Partners Investment Raises Drawbridge

Drawbridge received a strategic growth investment from Francisco Partners, MSSP Alert reported on September 7.

Drawbridge, founded in 2018 and headquartered in Palm Beach Gardens, Florida, has 76 employees listed on LinkedIn. It’s core business centers on an all-in-one platform enabling financial services firms to rapidly deploy and manage a holistic cybersecurity program.

The company’s technology platform helps enterprises:

  • Navigate the evolving regulatory and threat landscape
  • Manage governance, risk and compliance requirements
  • Combat sophisticated cyber threats
Jim Masters

Jim Masters is Managing Editor of MSSP Alert, and holds a B.A. degree in Journalism from Northern Illinois University. His career has spanned governmental and investigative reporting for daily newspapers in the Northwest Indiana Region and 16 years in a global internal communications role for a Fortune 500 professional services company. Additionally, he is co-owner of the Lake County Corn Dogs minor league baseball franchise, located in Crown Point, Indiana. In his spare time, he enjoys writing and recording his own music, oil painting, biking, volleyball, golf and cheering on the Corn Dogs.