CyberArk Appoints Kathy Cullen-Cote as New Chief People Officer
Cullen-Cote brings extensive experience helping companies scale and leading them through periods of growth and organizational transformation. She most recently served as Chief People Officer and EVP at Teradata, and previously held progressive HR leadership roles at PTC, including Chief Human Resource Officer. Throughout her career, she has driven cultural transformation, global workforce strategy, and talent initiatives that align closely with business goals.
She succeeds Ruth Shaked, who is retiring after 12 years of helping shape CyberArk's culture and supporting the company through significant global expansion.
"Kathy joins us at a pivotal time as we scale to meet growing demand for our identity security platform and solutions," said Matt Cohen, CEO, CyberArk. "Her people-first leadership and proven ability to connect talent strategy with business outcomes make her the ideal leader to help shape our next chapter. I also want to extend my deep appreciation to Ruth Shaked for her tremendous contributions to CyberArk. Her leadership and dedication have had a lasting impact on CyberArk's culture and success."
"I'm thrilled to be part of CyberArk," said Cullen-Cote. "The company's commitment to its people and its culture of collaboration and high performance deeply resonate with me. I believe that empowering individuals and investing in talent is essential to driving business success, and I'm excited to contribute to CyberArk's continued growth and transformation."
As Chief People Officer, Cullen-Cote will lead CyberArk's global HR organization, focusing on workforce growth, professional development, and implementing scalable people practices. She will work closely with the executive team to align talent initiatives with CyberArk's long-term strategy.
Cullen-Cote is a recognized HR leader, having earned honors such as the Bob Gatti HR Leadership Award and Oracle's HCM Cloud Rubies Award for her innovative contributions to modern HR practices.
About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in identity security, trusted by organizations around the world to secure human and machine identities in the modern enterprise. CyberArk's AI-powered Identity Security Platform applies intelligent privilege controls to every identity with continuous threat prevention, detection and response across the identity lifecycle. With CyberArk, organizations can reduce operational and security risks by enabling zero trust and least privilege with complete visibility, empowering all users and identities, including workforce, IT, developers and machines, to securely access any resource, located anywhere, from everywhere. Learn more at cyberark.com.
Copyright © 2025 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250721490709/en/
Contacts
Investor Relations: Kelsey TurcotteCyberArk617-558-2132ir@cyberark.com
Media: Rachel GardnerCyberArk603-531-7229press@cyberark.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
Okta OKTA shares closed at $95.63 on Wednesday, roughly 25% below the 52-week high of $127.57 it hit on May 16, 2025. Okta shares have appreciated 21.3% year to date, outperforming the Zacks Computer and Technology sector's return of 10.1% and the Zacks Security industry's increase of 19.7%.Okta shares have outperformed peers, including CyberArk CYBR, Cisco Systems CSCO and Microsoft MSFT year to date. CyberArk, Cisco, and Microsoft shares have appreciated 12.9%, 15.9% and 20%, innovative portfolio and rich partner base are helping Okta shares outperform. The company benefits from strong demand for its new products, including Identity Governance, Privileged Access, Device Access, Fine Grained Authorization, Identity Security Posture Management, and Identity Threat Protection with Okta AI. Okta's offerings include Okta AI, a suite of AI-powered capabilities embedded across several products, which empowers organizations to harness AI to build better experiences and protect against cyberattacks. OKTA Stock's Performance Image Source: Zacks Investment Research Okta's strong liquidity is a key catalyst. The company ended the first quarter of fiscal 2026 with $2.73 billion in cash, cash equivalents, short-term, and long-term investments. Net cash provided by operations was $241 million in the first quarter of fiscal 2026, while free cash flow was $238 million. For fiscal 2026, Okta raised free cash flow margin guidance to roughly 27%.However, the company is facing a challenging macroeconomic condition and stiff competition in the Identity and Access management domain, which is expected to hurt prospects. Okta shares are overvalued, as suggested by the Value Score of D. In terms of forward Price/Cash Flow, OKTA is trading at 22.51X compared with the broader sector's 22.03X and Cisco's 20.6X, suggesting a premium valuation. However, in comparison to Microsoft and CyberArk, Okta is cheap. Microsoft is trading at 28.88X while CyberArk is trading at 73.58X. Price/Cash Flow Image Source: Zacks Investment Research So, what should investors do with Okta stock at the current level? Let's dig deep into its fundamentals to gain some insight. OKTA to Benefit From Innovation, Rich Partner Base Okta is expanding its security portfolio with the launch of a new protocol, Cross App Access, which helps in securing AI agents. End users ultimately benefit as the latest protocol removes repetitive authorization consent screens and manages agent access for better security and compliance. The latest protocol reflects Okta's commitment to protecting its customers deploying AI. The company's focus on protecting non-human identities (NHIs) and developers building secure agents is noteworthy. Okta is benefiting from a rich partner base that includes the likes of Amazon Web Services, CrowdStrike, Google, LexisNexis Risk Solutions, Microsoft, Netskope, Palo Alto Networks, Plaid, Proofpoint, Salesforce, ServiceNow, VMware, Workday, Yubico and Zscaler. The company has more than 7,000 integrations with cloud, mobile, and web applications and IT infrastructure providers as of April 30, innovative portfolio and rich partner base are helping the company win clients. It exited first-quarter fiscal 2026 with roughly 20,000 customers, reflecting strong growth prospects for subscription revenues. Customers with more than $100 thousand in Annual Contract Value increased by 70 sequentially to 4,870. The combined governance portfolio of Okta Identity Governance, Lifecycle Management, and Workflows has surged 400% over the past three years to nearly $40 billion at the end of the fiscal first quarter. OKTA's FY26 Guidance Reflects Slowing Federal Business For fiscal 2026, OKTA still expects revenues between $2.85 billion and $2.86 billion, indicating 9-10% growth from the figure reported in fiscal 2025. Uncertainty in the federal business, along with challenging macroeconomic conditions, is a headwind for the company. However, Okta expects fiscal 2026 non-GAAP earnings between $3.23 and $3.28 per share, up from previous guidance between $3.15 and $3.20 per share. The Zacks Consensus Estimate for Okta's earnings has increased 9 cents over the past 60 days to $3.28 per share. The earnings figure suggests 16.73% growth over the figure reported in fiscal 2025. Okta, Inc. Price and Consensus Okta, Inc. price-consensus-chart | Okta, Inc. Quote Okta expects second-quarter fiscal 2026 revenues between $710 million and $712 million, indicating 10% year-over-year growth. The current portion of the company's remaining performance obligations is expected in the 10-11% range. Okta anticipates non-GAAP earnings between 83 cents and 84 cents per share. For second-quarter fiscal 2026, the Zacks Consensus Estimate for OKTA's earnings has increased by a nickel to 84 cents per share over the past 60 days. The earnings figure suggests 16.67% year-over-year growth. Conclusion Despite a challenging macroeconomic condition, anticipated sluggishness in federal business and a stretched valuation, Okta rides on an innovative portfolio and an expanding currently has a Zacks Rank #2 (Buy) and a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 hours ago
- Yahoo
Privateer Rum CEO Andrew Cabot was on overseas work trip when his wife was embroiled in Coldplay ‘kiss cam' scandal: source
Privateer Rum CEO Andrew Cabot was on an overseas business trip when his wife, Kristin Cabot, was caught canoodling at a Coldplay concert — and the couple's relatives were likewise blindsided by the scandal, a source close to the situation told The Post. The tipster said Andrew Cabot, founder of the Massachusetts-based, high-end liquor maker, had been on a work-related trip to Japan and returned to find himself and his family in the middle of a social media firestorm. [Andrew] was in Asia for a few weeks and returned on Saturday, so he was gone while all this went down,' said the source, who requested anonymity to discuss the situation. 'Poor guy.' Multiple attempts to contact Andrew Cabot and Privateer Rum went unanswered. When The Post called Privateer Rum, the company's voicemail box was full. Kristin and Andrew Cabot married sometime after her previous divorce was finalized in 2022. The source said there had been little indication of any trouble in paradise before the Coldplay concert video went viral. 'The family is now saying they have been having marriage troubles for several months and were discussing separating — which I find interesting since as of a month ago they were saying how in love they are,' the source added. The Post was first to report that Kristin Cabot, whose maiden name in Stanek, was married to Andrew Cabot and that the pair had purchased a $2.2 million mansion in Rye, New Hampshire, just five months before the scandal broke out. The Cabots were seen smiling and wearing wedding rings alongside two young kids in a Facebook post from May 2024. Andrew Cabot is a member of one of the oldest and wealthiest families in Boston. The Cabots are one of the original 'Boston Brahmin' clans that controlled New England for centuries. A bio on Privateer's website says his 'ancestor, the original Andrew Cabot (1750-1791), was a merchant, rum distiller and successful American privateer during the American Revolution.' The brand — whose high-end bottles can retail for upward of $100 each — touts its strict use of authentic ingredients and 'Made in the USA' pedigree. 'One thing is certain,' one ad advises. 'Privateer advocates transparency, honesty and purity.' Kristin Cabot's now-deleted LinkedIn account showed that she has served as an 'advisory board member' at Privateer Rum since September 2020. Andy Byron, the now-ousted CEO of New York-based software firm Astronomer, was caught canoodling on the jumbotron 'kiss cam' at Gillette Stadium with Kristin Cabot, the company's head of HR. Both scrambled to get out of sight, prompting Coldplay frontman Chris Martin to joke, 'Either they're having an affair or they're just very shy.' Astronomer placed both Kristin Cabot and Byron on leave while it investigated the incident. By last Saturday, Byron had resigned, with Astronomer co-founder Pete DeJoy taking over as the new interim CEO. So far, Kristin Cabot has yet to be fired. Solve the daily Crossword
USA Today
8 hours ago
- USA Today
Where did Trump's children go to college? See which schools they attended
Since taking office, President Donald Trump has steadily escalated his administration's battles against several elite universities, threatening billions in federal funding, challenging First Amendment protections, and stoking broader conversations over academic freedoms. Columbia University said on July 23 it reached a $200 million settlement with the Trump administration to halt federal investigations into alleged civil rights violations over on-campus Israel-Hamas war protests. Meanwhile, Harvard University is embroiled in a court case in a bid to win back more than $2 billion in federal funding for research the Trump administration froze, claiming the university has failed to address antisemitism. The administration has announced pauses or threatened to revoke federal funding to other top universities as well. They include Brown, Cornell, Northwestern, Princeton and the alma mater of the president himself and three of his five children, the University of Pennsylvania. Where did Trump's children go to college? Trump's youngest son, Barron Trump, broke family tradition when he chose New York University for his undergraduate studies, where he currently attends. Trump's other children either went to Georgetown or the University of Pennsylvania. Donald Trump Jr. went to the University of Pennsylvania's Wharton School of Business. He graduated in 2000 with a Bachelor of Science in economics with a concentration in marketing and real estate, according to the university paper. Ivanka Trump, the president's eldest daughter, graduated from the same college in 2004, also with a bachelor's degree in economics. She did spend her first two years of college at McDonough School of Business at Georgetown University in Washington, D.C. Eric Trump graduated from Georgetown University in 2006, making him the second of Trump's children to not attend his alma mater. Eric earned a degree in finance and management. Tiffany Trump resumed the family tradition when she graduated from the University of Pennsylvania with a degree in sociology in 2016, before attending Georgetown Law School. She graduated in 2020 with her Juris Doctor. Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her atkapalmer@ and on X @KathrynPlmr.
