- Revenues of $95.9 million, up 34 percent compared to the corresponding quarter last year.
- GAAP net income was $13.7 million, up from $6.4 million in Q1 last year.
CyberArk: Key Executive and Channel Hires
With an eye toward long-term growth, CyberArk recently hired at least two key executives:- Palo Alto Networks and Cisco Systems veteran Rich Wenning as VP of North America Sales; and
- BMC Software veteran Clarence Hinton as SVP of strategy and corporate development. Rich brings deep domain expertise having run enterprise sales most recently at Paulo Alto Networks and previously at Cisco where he helped scale the organization to more than $2 billion in enterprise sales.
"Clarence is leveraging his extensive experience from BMC Software and Nuance to help drive the long-term growth and scale of the organization."
"First of all, hit the ground running and he is well integrated to the team. But probably the first impression I would put out there is the importance of consistency of execution, like really looking at the things that are working and replicating them and driving them across the regions down to the last rep in anywhere in the region.
He also comes with strong channel background which is super strategic for us and just to add that continuously integrating our work with the channel. So, I’d say consistency of execution. The continuous partnering with channels and I could probably add like putting systems in place that supports the scale, because that’s the mandate. Like, we want to grow as bigger and we want that scale experience."
