News
BeyondTrust Expands Executive Leadership Team With Addition Of Maurice Heiblum As Chief Operating Officer
November 2015 by Marc Jacob
BeyondTrust® announced the expansion of its executive management team with the addition of Maurice Heiblum as Chief Operating Officer (COO).
In this newly added role, Heiblum’s top priorities are to accelerate the company’s performance in its current markets and to help extend BeyondTrust’s leadership position in the privileged account management and vulnerability management markets. He will report directly to Kevin Hickey, president and CEO.
Heiblum comes to BeyondTrust from Blackboard, an industry provider of academic technology and services to the global education market, where he most recently served as Senior Vice President, Higher Education, Corporate and Government Markets. Prior to that role, Maurice was the President of Elluminate, Inc., a provider of real-time online learning and collaboration software (SAAS) solutions, where he helped build and grow the business from start-up to a profitable multi-million dollar business until its successful acquisition by Blackboard in 2010.
The executive team expansion comes at a time of record growth for BeyondTrust, as the company is coming off a record quarter and is on track for a record year. BeyondTrust’s significant growth is a result of its unique combination of vulnerability management and privileged account management (PAM) offerings.
According to Gartner’s “Market Guide for Privileged Access Management” report (published May 27, 2015), “Prevention of both breaches and insider attacks has become a major driver for the adoption of privileged access management (PAM) solutions, in addition to compliance and operational efficiency.” Based on the same report, “Gartner estimates that the size of the PAM market reached $512 Million in 2014” and “the market for PAM has continued to grow, with the growth rate for 2014 estimated to have been 32%.”
Prior to Blackboard and Elluminate, Maurice served as the founder and chief executive officer of a start-up reverse auction services exchange and as general manager of the distributed solutions division at Viasoft where he built a highly profitable multi-million dollar software and services division from the ground up in just over 18 months. Maurice also held a number of increasingly responsible sales and marketing management positions over a 13-year career at IBM.
