Article submitted by: Administrator | Publish date: 2. August, 2011
Related topics: PaloAlto
 

Mark's strengths as a leader align perfectly with the next phase of our growth. He has spent the last two years as VeriSign's CEO and president during which time the publicly-traded company returned record profits to its shareholders.

Mark McLaughlin joins Palo Alto Networks as president and CEO


It is with great excitement that earlier today we announced Mark McLaughlin as our president, CEO, and a member of our Board of Directors.  Mark's strengths as a leader align perfectly with the next phase of our growth. He has spent the last two years as VeriSign's CEO and president during which time the publicly-traded company returned record profits to its shareholders, successfully managed a major corporate restructuring, all the while maintaining an exceptional reputation among its customers, analysts, and the media. Prior to VeriSign, Mark led privately-held, fast growth companies including Signio (which was acquired by VeriSign for over $1B) and Gemplus.

Thanks to your support, Palo Alto Networks is doing very well and has had a major impact on the network security market.  In conjunction with the news of our new CEO, we also published highlights of our most recent results. These include that:

  • significantly ahead of our own expectations, we achieved well over US$200M in bookings run rate;
  • cashflow from operations has been positive for 5 consecutive quarters and we intend to stay that way;
  • we have more than 4,500 enterprise customers, more than 20 of whom have deployed US$1M+ worth of our products;
  • we expect our business in the next year to grow well ahead of the market and our competitors.

Thanks again for your continued interest in and support of Palo Alto Networks.



  

 

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