PRESS RELEASE

CyberArk Names Matthew Cohen Chief Revenue Officer

 

Newton, Mass. and Petach Tikva, Israel – Nov. 25, 2019 CyberArk, (NASDAQ: CYBR), the global leader in privileged access management, announced that Matthew Cohen will join CyberArk’s executive management team as Chief Revenue Officer (CRO), effective December 2, 2019. In this role, Matt will drive the Company’s worldwide sales strategy including leading the global sales organization, delivering high levels of customer value, driving sustainable growth and helping scale the organization.

“We are thrilled to have Matt join CyberArk,” stated Udi Mokady, CyberArk Chairman and Chief Executive Officer.  “Matt is a strong global leader and a great cultural fit for CyberArk.  He adds a wealth of experience delivering comprehensive go-to-market strategies across functional teams to drive growth, developing strong leadership and ensuring the highest levels of customer success.  His executive leadership experience will be incredibly valuable as we execute our growth strategy, extend our market leadership position, develop new markets and expand our new SaaS solutions in 2020 and beyond.”

“I’m excited to join CyberArk to help execute its long-term growth strategy,” said Cohen. “CyberArk has an amazing team, a comprehensive product portfolio, and a massive market opportunity.  I am impressed with the company’s strong vision, leadership position as a continuous innovator, and with the global sales organization’s proven track record delivering sustainable growth.  I am looking forward to building on this strong momentum and extending CyberArk’s leadership position in the market.”

Matt Cohen served as Executive Vice President of Field Operations at PTC from February 2018 and played a key role in adapting the organizations sales processes to support its transition to a recurring revenue model.  Prior to that role, he was Executive Vice President, Customer Success from July 2016 to February 2018, Executive Vice President, Global Services from April 2014 through July 2016, and Divisional Vice President, Global Services from October 2013 to March 2014. Before that, Cohen held various positions in the company’s Global Services group.

About CyberArk                                                                                                       

CyberArk (NASDAQ: CYBR) is the global leader in privileged access management, 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.

Copyright © 2019 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders

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