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CyberArk Vice President Scott Whitehouse Named a 2016 CRN® Channel Chief

March 15, 2016

Newton, Mass. – March 15, 2016CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, announced today that Scott Whitehouse, vice president of channels and alliances, has been named to The Channel Company’s prestigious CRN® 2016 Channel Chiefs list.

In 2015, approximately 60 percent of sales were driven through the channel and CyberArk continues to invest in key relationships with advisory firms, systems integrators and value-added resellers around the world. Whitehouse has excelled in his development and management of field relationships with CyberArk’s channel partners across the Americas.

“CyberArk remains focused on building and nurturing our global channel partner program, which is an important growth engine for the company,” said Udi Mokady, CEO, CyberArk. “Scott and his team bring significant experience and expertise to the business, which have been instrumental to the success of our Americas channel program and to building out opportunities for partners that drive growth associated with our privileged account security solution. We are proud that Scott has been recognized for his efforts as a CRN 2016 Channel Chief.”

Whitehouse has consistently grown channel revenue and helped develop a comprehensive strategic alliance program. The CyberArk channel team takes an innovative approach to working with partners by helping them to launch and maintain privileged account security programs that help customers mitigate the risks of advanced cyber threats and address compliance and audit regulations. CyberArk partners provide these solutions to customers across a wide range of industries including financial services, healthcare, retail and manufacturing.

The rise in awareness of advanced threats makes privileged account security a top organizational priority as nearly all major breaches involve the exploitation of privileged accounts. As the market leader, solution providers are increasingly seeking to partner with CyberArk as a competitive differentiator. For channel partners, the CyberArk Privileged Account Security Solution is a key component of integrated offerings that address the full lifecycle of internal and external threats.

Channel Chief honorees are selected by CRN’s editorial staff on the basis of their professional achievements, standing in the industry, dedication to the channel partner community and strategies for driving future growth and innovation. Each of the 2016 Channel Chiefs has demonstrated loyalty and ongoing support for the IT channel by consistently promoting, defending and executing outstanding channel partner programs.

“We are honored to present the 2016 lineup of CRN Channel Chiefs, comprised of outstanding executives who move our entire industry forward by cultivating exemplary partner programs and executing cutting-edge business strategy,” said Robert Faletra, CEO, The Channel Company. “They represent an extraordinary group of individuals who lead by example and serve as both invaluable advocates and innovators of the IT channel. We applaud their incredible strides and look forward to following their accomplishments in the coming year.”

The 2016 CRN Channel Chiefs list is available online at www.crn.com/channelchiefs.