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Delinea Hires CyberArk Veteran Chris Kelly as President, GTM to Continue Disrupting the Identity Market

1. Delinea appointed Chris Kelly as President, enhancing leadership for growth. 2. Kelly brings over 20 years of cybersecurity experience, including CyberArk. 3. Delinea surpassed $350 million annual recurring revenue in Q2 2024. 4. Delinea made two strategic acquisitions, boosting its market position. 5. AI is posited to revolutionize identity security and risk management.

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Why Bullish?

Kelly's leadership could revitalize Delinea, positively affecting market sentiment around CYBR.

How important is it?

Delinea's growth strategies and leadership could influence overall cybersecurity market dynamics, impacting CYBR.

Why Long Term?

Sustained growth from new initiatives may lift CYBR's valuation over time.

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CYBRCYBRPAMITDR
Strategic Leadership Appointment Fuels Next Phase of Growth and Execution Following an Impressive 2024 January 13, 2025 09:06 ET  | Source: Delinea SAN FRANCISCO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Delinea, a pioneering provider of solutions for securing identities through centralized authorization, today announced the leadership appointment of Chris Kelly as President, Go-To-Market. With 20+ years of experience driving revenue growth and client experience, Kelly will oversee Delinea’s global sales, channel, solution engineering, and customer success teams as the company positions for accelerated growth. “Chris’ appointment comes on the heels of a remarkable year for Delinea,” said Art Gilliland, CEO of Delinea. “His extensive global leadership and operational expertise make him the perfect choice to drive Delinea’s next chapter of growth. Chris’ ability to align innovative strategies with customer needs will strengthen our market position and fuel our commitment to serving customers with best-in-class identity security solutions.” Kelly brings an exceptional track record in the cybersecurity industry, including his tenure as Chief Revenue Officer at CyberArk, where he played a pivotal role in driving revenue growth and market expansion. He has also held senior leadership roles at Adobe and Cisco, showcasing his ability to deliver transformative results for global enterprises. "I am thrilled to join Delinea at this pivotal moment in the company’s journey,” said Kelly. “Artificial intelligence (AI) is revolutionizing the way organizations approach identity security, risk management, and resilience. With strong investment partners, a talented team, and market-leading technology, Delinea is uniquely positioned to drive innovation and disrupt the market. I am excited to contribute to this mission." In 2024, Delinea achieved significant milestones, including: Introducing Cloud Infrastructure Entitlement Management (CIEM) and Identity Threat Detection and Response (ITDR) to the Delinea PlatformCompleting two strategic acquisitions—Authomize and Fastpath—empowering customers to enhance their security posture, boost productivity, and operate confidently on the most secure and resilient SaaS platform availableSurpassing a key annual recurring revenue (ARR) milestone of $350 million as of Q2 2024.Enabling our customer base of over 8,500 organizations worldwide.Earning the leadership position in all 5 leading analyst reports for Privileged Access Management (PAM) To learn more about how Delinea secures identities at every interaction, visit: https://delinea.com/why-choose-delinea About DelineaDelinea is a pioneer in securing identities through centralized authorization, making organizations more secure by seamlessly governing their interactions across the modern enterprise. Delinea allows organizations to apply context and intelligence throughout the identity lifecycle across cloud and traditional infrastructure, data, and SaaS applications to eliminate identity-related threats. With intelligent authorization, Delinea provides the only platform that enables you to discover all identities, assign appropriate access levels, detect irregularities, and immediately respond to identity threats in real-time. Delinea accelerates your teams’ adoption by deploying in weeks, not months, and makes them more productive by requiring 90% fewer resources to manage than the nearest competitor. With a guaranteed 99.99% uptime, the Delinea Platform is the most reliable identity security solution available. Learn more about Delinea on delinea.com, LinkedIn, X, and YouTube. Media ContactJustin OrdmanCorporate Communications Directorjustin.ordman@delinea.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f6b614b6-29fc-4a11-b576-d4d000e06eea Chris Kelly, president of go-to-market at Delinea Chris Kelly joins Delinea as President, Go-To-Market. Delinea

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