Tenable appoints Steve Vintz and Mark Thurmond as Co-CEOs
Following an extensive search process that considered both internal and external candidates, the Board concluded that Vintz and Thurmond are best positioned to move the company forward. The decision reflects the Board's confidence in the strength of their leadership following a successful interim period during which they drove significant operational and strategic momentum. The Board also intends to appoint Vintz and Thurmond to the Board immediately following the company's annual shareholder meeting to be held on May 14, 2025.
Vintz, Tenable's Chief Financial Officer since 2014, and Thurmond, who has served as Chief Operating Officer since 2020, bring deep industry and operational experience. Under the co-CEO structure, Vintz will oversee product, cyber security, corporate development and all general and administrative functions, while Thurmond will oversee GTM functions including sales, professional services, technical support, marketing, and customer success. Together, they will continue to guide the company's mission to help organisations understand and reduce cyber risk across their modern attack surfaces.
'Mark and Steve have demonstrated exceptional leadership and alignment during their time as interim co-CEOs', said Art Coviello, Chairman of the Tenable Board of Directors. 'Their collaborative leadership style, deep industry knowledge, and customer-first mindset have already created strong results. We are confident in their ability to continue driving innovation and long-term value for all stakeholders'.
Under their interim leadership, Tenable has expanded its customer footprint, with strong adoption of the Tenable One Exposure Management platform and growing momentum behind Tenable Cloud Security. They also completed the strategic acquisition of Vulcan Cyber, advancing Tenable's product roadmap with the expected launch of a significantly expanded version of Tenable One that we believe will be the most comprehensive exposure management platform on the market.
'We are honoured to lead Tenable as co-CEOs and energized by the opportunity ahead', said Vintz and Thurmond in a joint statement. 'We have tremendous belief in Tenable's mission, team and market position, and we're excited to build on our momentum to deliver meaningful outcomes for our customers, employees and shareholders'.
Coviello, a respected cybersecurity leader, will remain Chairman of the Board. Additionally, Steve Vintz will continue to serve as Chief Financial Officer, while the company conducts a CFO search.
Image Credit: Tenable
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
a day ago
- Zawya
Qatar: Mannai Corporation H1 gross profit grows 7.3% to $97.25mln
Qatar - Mannai Corporation reported a revenue (from continued operations) of QR2.1bn for the first half of the year, reflecting a 7% increase on the same period last year. The group's gross profit rose by 7.3% to QR354mn compared to the first half of 2024. Group earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the period amounted to QR198mn. Earnings before tax increased by 3.6%, reaching QR71mn for the first half of the year, compared to QR69mn for the same period last year. Group net profit for the period increased by 4% to QR70mn compared to QR67mn for the same period last year. Mannai Corporation's Board of Directors has scheduled an extraordinary general assembly on September 8 'to consider, discuss and approve' the share sale of 67% in Damas International Limited to Titan Group. © Gulf Times Newspaper 2025 Provided by SyndiGate Media Inc. (
Zawya
a day ago
- Zawya
Bahrain Duty Free Shop Complex announces H1 financial results
Bahrain Duty Free Shop Complex announced at a meeting of its board of directors yesterday the financial results for the six months ended June 30, 2025. Chairman Abdulla Hassan Buhindi stated that the company had achieved a net profit of BD1,297,207 during the second quarter of 2025 compared to BD1,182,690 for the same quarter of the previous year representing an increase of 9.7 per cent. Earnings per share during the quarter were 9.12 fils compared to 8.32 fils in the same quarter of last year. Total comprehensive income for the quarter increased to BD1,392,155 compared to total comprehensive income of BD480,901 in the same quarter of last year representing an increase of 189.5pc. For the six months ended June 30, 2025, the company achieved a net profit of BD2,990,477 compared to BD3,524,016 in the previous year representing a decrease of 15.1pc. Earnings per share as of June 30, 2025 were 21.02 fils compared to 24.77 fils last year. Total comprehensive income increased to BD3,567,290 compared to BD3,104,727 in the previous year representing an increase of 14.9pc. Total shareholders' equity for the period ended June 30, 2025, is BD42,054,652 compared to BD43,490,786 as at December 31 2024, down by 3.3pc. Total assets as of June 30, 2025, are BD42,420,859 compared to BD43,870,257 as December 31, 2024, a decrease of 3.3pc. Commenting on the financial results, Mr Buhindi emphasised that the financial results achieved reflect the company's flexibility and ability to adapt to economic challenges and changes in the business environment. He explained that the significant 9.7pc increase in net profit during the second quarter, despite competitive conditions, reflects the effectiveness of operational strategies, efficient cost management, and the success of investment initiatives implemented during the recent period. In concluding his remarks, Mr Buhindi reiterated his confidence in the company's ability to continue achieving positive results in the coming periods, thanks to the team's commitment, continued innovation, and focus on objectives, while moving forward to explore new growth opportunities that will enhance the position of Bahrain Duty Free in the commercial sector. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Arabian Business
2 days ago
- Arabian Business
Salik declares 100% payout as H1 earnings hit $210m following new gates and variable pricing
Dubai toll gate operator Salik has reported a sharp increase in first-half earnings for 2025, driven by new toll gates, the introduction of variable pricing, and resilient traffic volumes. Total revenue for the first six months of 2025 rose 39.5 per cent year-on-year to AED1.53bn ($415.8m), with Q2 revenue up 45.6 per cent to AED775.7m ($210.9m). EBITDA climbed 44.2 per cent in H1 to AED1.07bn ($290m), maintaining a healthy margin of 69.7 per cent. Salik results Net profit for H1 jumped 41.5 per cent to AED770.9m ($210.1m), prompting the board to recommend a cash dividend equal to 100 per cent of first-half profit — 10.278 fils per share. Salik's core tolling business handled 424.2m total trips in H1 2025, up 39.6 per cent from a year earlier, with 213.4m trips recorded in Q2 alone. Total chargeable trips rose to 160.4m in Q2, up 1.6 per cent from Q1, bolstered by a 46.7 per cent surge in peak-period trips following the November 2024 addition of two new gates. Toll usage fees for H1 rose 42.3 per cent to AED1.36bn ($370.2m), with Q2 toll fees up 49.4 per cent year-on-year to AED691.3m ($187.9m) — the first full quarter under the new variable pricing model introduced at the end of January 2025. Revenue from fines increased 15.7 per cent in H1 to AED134.3m ($36.6m), while tag activation fees rose 16.2 per cent to AED22.9m ($6.2m). Non-toll income reached AED8.7m ($2.37m) in H1, supported by partnerships with Emaar Malls and Parkonic for parking payment solutions, now active in 73 locations. Salik also continues to expand its cooperation with Liva Group to streamline vehicle insurance renewals. Mattar Al Tayer, Chairman of the Board of Directors of Salik, said:'Salik's strong performance in the first half of 2025 underscores the strength of its resilient business model and high operational efficiency. 'During this period, the Company achieved a 39.5 per cent year-on-year increase in total revenue, further solidifying its robust financial position. 'This performance reaffirms our continued commitment to delivering long-term value for shareholders while supporting Dubai's vision of becoming a global leader in smart and sustainable mobility. 'In view of the strong first half results and our dedication to our shareholders, the Board of Directors have recommended a cash dividend of AED 770.9 million, equivalent to 10.278 fils per share, representing 100 per cent of H1 2025 profit. 'We continue to benefit from the Emirate's economic momentum, bolstered by sustained growth in tourism, real estate, and infrastructure spending. Building on this, and with continued progress across both our core tolling operations and ongoing success in expanding our ancillary revenue streams, we are pleased to be upgrading our full year 2025 guidance, with revenue expected to increase 34-36 percent compared to 2024, up from 28-29 per cent previously, and with EBITDA margins expectations in the range of 68.5-69.5 per cent. 'Our new guidance underscores our confidence in Salik's outlook and future growth potential, particularly given our commitment to strengthening our non-core offering and exploring new opportunities within ancillary revenues.' Ibrahim Sultan Al Haddad, CEO of Salik, said: 'We are pleased to report another solid quarter of performance, with a strong c.40% YoY growth across all key financial metrics including revenue, EBITDA and net profit growth. 'Our results reflect the ongoing strength of our tolling business and the growing contribution of our non-tolling initiatives, including our digital partnerships in providing mobility payment solutions which continue to gain traction among users.'
