News
Mark D. McLaughlin to Join Palo Alto Networks as President and CEO
August 2011 by Marc Jacob
Palo Alto Networks™, the network security company™, today announced the appointment of Mark D. McLaughlin as president and CEO of Palo Alto Networks. McLaughlin will commence his new role later this month following his departure as president and CEO of VeriSign. Upon joining, McLaughlin will also become a member of the Board of Directors at Palo Alto Networks.
Record Growth Fuels Continued Expansion; Palo Alto Networks’ Headquarters Moves to Santa Clara.
Palo Alto Networks released several financial metrics, including that it has achieved a bookings run rate well above the US$200 million mark and that its cashflow from operations has been positive for five consecutive quarters.
Within its recent fiscal year ended July 31, Palo Alto Networks doubled its employee count. To accommodate this growth, Palo Alto Networks recently moved into a larger headquarters located in Santa Clara at 3300 Olcott Street. Palo Alto Networks continues to aggressively hire engineering, sales, marketing, product management, services and support professionals in the Bay Area and worldwide, and has over 300 planned openings within this new fiscal year.
