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CyberArk Expands Industry-Leading Executive Team

March 5, 2019

NEWTON, Mass. and PETACH TIKVA, Israel – March 5, 2019 – CyberArk (NASDAQ: CYBR), the global leader in privileged access security, today announced new additions to its executive management team with the appointments of Rich Wenning as vice president of North American sales and Clarence Hinton as senior vice president of corporate development.

“Rich and Clarence are tremendous additions to our executive team, each bringing deep industry experience with world-class organizations and strategic industry relationships. Rich will be instrumental in executing our regional sales initiatives, with Clarence leading future investment strategies,” said Udi Mokady, chairman and CEO, CyberArk. “On the heels of a recording-breaking year, we are expanding our leadership team to execute on corporate goals and capitalize on growth opportunities.”

Most recently with Palo Alto Networks serving as vice president, Americas Enterprise Accounts, Wenning brings 25 years of industry experience to this new role at CyberArk. At CyberArk, Wenning will lead the North American sales team and is responsible for expanding direct and channel opportunities. While at Palo Alto, Wenning led a team of direct, indirect and technical sellers supporting the Fortune 1000. Previously with Cisco, he served in a variety of leadership and market development roles, most recently as Area vice president of sales. Wenning also held senior leadership and client facing positions at IBM and Hewlett-Packard Company.

Hinton joins with more than 20 years of leadership experience in strategy, corporate and business development. He most recently served as senior vice president, head of strategy and corporate development at Nuance Communications. In his role at CyberArk, Hinton is responsible for formulating, assessing and executing strategic growth initiatives. Previously, he worked in several strategy and corporate development roles at BMC Software. Hinton held consulting, business development and management positions at Dell. He also worked at Bain & Company and Capital One Financial.

About CyberArk                                                                                                         

CyberArk (NASDAQ: CYBR) is the global leader in privileged access security, a critical layer of IT security to protect data, infrastructure and assets across the enterprise, in the cloud and throughout the DevOps pipeline. CyberArk delivers the industry’s most complete solution to reduce risk created by privileged credentials and secrets. The company is trusted by the world’s leading organizations, including more than 50 percent of the Fortune 500, to protect against external attackers and malicious insiders. A global company, CyberArk is headquartered in Petach Tikva, Israel, with U.S. headquarters located in Newton, Mass. The company also has offices throughout the Americas, EMEA, Asia Pacific and Japan. To learn more about CyberArk, visit www.cyberark.com, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedIn or Facebook.

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