Tanium Adds Two Board Members, Appoints Executives to Key Posts
Emeryville, Calif., February 21, 2017 – Tanium, the company redefining endpoint security and systems management, today announced Aon Senior Vice President and Chief Security Officer Anthony Belfiore and former Frontier Communications CEO Maggie Wilderotter have joined its Board of Directors. Additionally, Scott Rubin, previously the company’s Chief Communications Officer, has been appointed Chief Marketing Officer; Tyker Fagg has been promoted to Vice President of Sales, North America; and former Symantec and Veritas executive Matt Ellard has joined as Vice President of Sales, EMEA.
“We plan to aggressively grow Tanium’s product portfolio and scale our business across multiple industries and geographies in the years to come,” said Orion Hindawi, CEO and co-founder, Tanium. “Maggie and Anthony’s experience and perspective will be crucial to seeing those plans through, ensuring we can help our customers more each year while we maintain our culture and focus on innovation and product excellence.”
Anthony Belfiore serves as Senior Vice President, Chief Security Officer at Aon. With firsthand experience implementing Tanium in his current and previous roles at First Data and JPMorgan Chase, Anthony brings invaluable customer and industry-insider perspective to the Board.
“I’ve seen them all—and I can tell you firsthand that no other solution on the market comes even remotely close to providing the functionality Tanium brings to the table out of the box,” Belfiore said. “In a market fraught with narrow point solutions, the more tools a company is forced to implement, the greater the risk for systems vulnerability, operational expense, and over-complication. Tanium provides effective cross-discipline solutions via its breadth of capabilities spanning security and operations.”
Maggie Wilderotter brings decades of expertise scaling companies from hyper-growth startup to major industry player. Under her leadership, Frontier expanded from a regional company with revenues of less than $1 billion to a national broadband company with revenues in excess of $10 billion. She served on President Obama’s Commission on Enhancing National Cybersecurity as well as Vice Chair and then Chair of the President‘s National Security Telecommunications Advisory Committee on Cybersecurity for Critical Infrastructure in the United States from 2013 to 2016.
“Tanium is at a critical inflection point as it looks to its next stage of growth,” said former Frontier Communications CEO Maggie Wilderotter. “I’m thrilled to be joining at this juncture, applying my expertise and learnings in taking companies to scale while ensuring the company’s mission-driven culture remains preserved.”
Also announced are three key executive appointments: Scott Rubin, previously the company’s Chief Communications Officer, has been named Chief Marketing Officer, and Matt Ellard joined the company as Vice President of Sales, EMEA. Rubin, formerly with Google and Andreessen Horowitz, will oversee Tanium’s marketing teams in addition to its communications and public policy functions, and is charged with growing the pipeline and elevating the brand globally. In a new role for the company, Ellard, formerly VP at Veritas and Symantec, will lead Tanium’s international expansion in Europe, a top priority in 2017. In addition, Tyker Fagg, one of Tanium’s earliest sales leaders, was promoted to Vice President of Sales, North America, where he’ll oversee a growing sales team focused on domestic expansion into new sectors.
The news comes as Tanium enters its tenth year and closes out its 2016 fiscal year. Adding nearly 100 new customers in 2016 alone and with a net renewal rate of over 175%, Tanium has become an essential asset in helping the world’s largest companies and government organizations solve critical business challenges.
Other highlights of Tanium’s fiscal year include:
- Deals over $1 million and $5 million are up significantly year-over-year.
- Last year, Tanium started migrating from perpetual licensing to recurring subscription revenue. Recurring revenue now represents 53% of Tanium’s total deal volume, a 93% increase from the prior year. At this point, nearly 80% of Tanium’s revenue is recurring, a 60% increase year-over-year.
- Through that growth and business model change, Tanium has remained cash flow positive, with more than $300 million cash and investments still in the bank, all while growing the team by 38%—now 473 strong—and extending its platform capabilities with four new product modules. The company expects a similar speed of product development this year and has already launched a new module in 2017, Tanium Integrity Monitor.
Tanium offers a unified endpoint management and security platform that is built for the world’s most demanding IT environments. Many of the world’s largest and most sophisticated organizations, including more than half of the Fortune 100, top retailers and financial institutions, and four branches of the US Armed Forces rely on Tanium to make confident decisions, operate efficiently and effectively, and remain resilient against disruption. Tanium ranks 7th on the Forbes list of “Top 100 Private Companies in Cloud Computing” for 2019 and 10th on FORTUNE’s list of the “100 Best Medium Workplaces.” Visit us at www.tanium.com and follow us on LinkedIn and Twitter.
Tanium’s statements regarding its plans, directions and intent are subject to change or withdrawal without notice at Tanium’s sole discretion. Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision. Information about potential future products may not be incorporated into any contract. The information mentioned regarding potential future products is not a commitment, promise or legal obligation to deliver any material, code or functionality. The development, release and timing of any future features or functionality described for our products remains at our sole discretion.
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