News
CyberArk Announces Changes to Board of Directors
July 2016 by Marc Jacob
CyberArk announced that its Board of Directors and shareholders elected Udi Mokady, CyberArk’s founder and CEO, as Chairman of the Board, effective June 30, 2016.
Udi Mokady
Mokady will succeed Gadi Tirosh, Managing Partner of Jerusalem Venture Partners (JVP), who will continue to serve on the Board of Directors as Lead Independent Director. David Campbell, Managing Director of Goldman Sachs’ Merchant Banking Division, is stepping down from the Board of Directors for personal reasons.
As Lead Independent Director, Tirosh will play a key role on the Board by promoting strong independent leadership and maintaining high standards of corporate governance.
Mokady has served as President and Chief Executive Officer since 2005; prior to that he held the position of Chief Operating Officer. As the company’s co-founder, Mokady helped establish and grow the global privileged account security market. Mokady was previously general counsel at Tadiran Spectralink Ltd., a producer of secure wireless communication systems. Mokady also served in a military intelligence unit in the Israel Defense Forces. Mokady received the New England EY Entrepreneur Of The Year™ 2014 Award in the Technology Security category.
Tirosh has served as a member of the CyberArk Board since June 2011 and as Chairman since July 2013. Tirosh is Managing Partner at JVP, one of the leading international Venture Capital Funds with a strong focus on cyber security investments, as well as an early investor in CyberArk. Previously, Tirosh served as Corporate Vice President of Product Marketing and as a member of the executive committee for NDS Group Ltd.
