CyberArk Appoints IT Security Executive Nick Baglin as VP of Sales, EMEA

NEWTON, Mass. and LONDON – June 20, 2012 – Cyber-Ark® Software, the leading global information security provider for protecting and managing critical applications, identities and sensitive information, today announced that Nick Baglin has joined the company as vice president of sales, EMEA. As part of the Cyber-Ark management team, Baglin will be responsible for driving continued European sales growth, as well as managing the company’s expanding regional operations.

Cyber-Ark’s solutions enable its customers to proactively protect their organizations against insider threats and advanced external threats. The company experienced more than 30 percent year over year revenue growth in 2011, and now has more than 1,000 global enterprise customers.

“As customer demand for Cyber-Ark solutions accelerates, we continue to add exceptional, experienced talent to our management team,” said Udi Mokady, president and CEO of Cyber-Ark. “Nick has an impressive track record of selling enterprise security solutions in all of the European markets, and building and managing successful direct and channel sales organizations. His deep experience will be invaluable as Cyber-Ark seeks to maximize opportunities in the EMEA market and expand the company’s strong customer base.”

Before joining Cyber-Ark, Baglin was global sales director at HP Enterprise Security Services. In this position, which he held for three years, Baglin was responsible for approximately 90 sales personnel and driving hyper-revenue growth. Prior to HP’s acquisition of Vistorm, he had also worked for the latter company for more than seven years.

“It is very exciting to be joining Cyber-Ark at what is such a pivotal time for the security industry,” said Baglin. “I am looking forward to working with the EMEA team and Cyber-Ark’s channel partners to accelerate sales growth and extend the company’s commercial presence in Europe.”

About CyberArk
CyberArk is the only security company focused on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. Dedicated to stopping attacks before they stop business, CyberArk proactively secures against cyber threats before attacks can escalate and do irreparable damage. The company is trusted by the world’s leading companies – including 45 percent of the Fortune 100 – to protect their highest value information assets, infrastructure and applications. A global company, CyberArk is headquartered in Petach Tikvah, Israel, with U.S. headquarters located in Newton, Mass. The company also has offices throughout EMEA and Asia Pacific and Japan. To learn more about CyberArk, visit www.cyberark.com, read the company blog, http://www.cyberark.com/blog/, follow on Twitter @CyberArk or Facebook at https://www.facebook.com/CyberArk.

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