
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification and fraud prevention, announced the appointment of Aaron Seyler as Mitek’s Chief Revenue Officer to lead Mitek’s go-to-market

<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.miteksystems.com%2F%3Futm_sf_lead_source%3DWebsite%26utm_campaign%3D701Vu00001OSRc5IAH%26utm_medium%3DPress%2520release%26utm_lead_category%3DMarketing&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=Mitek+Systems%2C+Inc.&amp;index=1&amp;md5=fd0561239e3f7e6e00c46896f1ad5588" shape="rect">Mitek Systems, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MITK">MITK</a>), a global leader in digital identity verification and fraud prevention, announced the appointment of Aaron Seyler as Mitek’s Chief Revenue Officer to lead Mitek’s go-to-market organization, effective as of his start date, August 17, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Seyler joins Mitek from Vonage, an Ericsson company, where he led a global go-to-market organization across 17 countries. In his role as Chief Revenue Officer there, he scaled an API-based enterprise software business through a global partner and channel ecosystem, a motion similar to Mitek’s delivery of its identity and fraud capabilities into customer onboarding, authentication, and transaction workflows. Prior to Vonage, he led the go-to-market function at Telesign, a digital fraud and identity protection company, where he helped scale revenue from approximately $200 million to more than $600 million and led its expansion into international markets.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are pleased to welcome Aaron to Mitek. Unifying our go-to-market functions under a single CRO creates greater alignment and accountability for growth. Aaron has a strong track record of driving revenue growth at global enterprise software businesses, including in digital identity and fraud, and we believe he is the right leader to drive the next phase of our growth," said Edward H. West, Chief Executive Officer of Mitek.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;I have spent my career scaling enterprise revenue for software platform businesses, including in digital fraud and identity, and what stands out about Mitek is the trust it has earned with many of the world&#39;s largest institutions, the banks and enterprises where protecting identity and assets is mission critical. That trust, together with the technology, data, and services ecosystem beneath it, is difficult to build and difficult to replicate. I am excited to bring our go-to-market teams together and, alongside our partners, help more of these institutions put Mitek&#39;s capabilities to work against the growing threat of digital and AI-driven fraud,&#34; said Aaron Seyler, Chief Revenue Officer of Mitek.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In connection with Mr. Seyler’s appointment as the Company’s Chief Revenue Officer, the Human Capital Committee of the Company’s Board of Directors approved, effective as of his start date, employment inducement awards in the form of performance-based vesting restricted stock units ("PSUs") and service-based vesting restricted stock units ("RSUs"), with an aggregate grant date fair value of approximately $2,500,000.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The awards consist of (i) 67,459 PSUs which may vest, if at all, following the completion of the three-year performance period based on the Company’s relative total shareholder return performance measured against the Russell 2000 Index, with up to an additional 67,459 PSUs eligible to vest for above-target performance, and (ii) 67,459 RSUs that vest in four equal annual installments beginning on the first anniversary of the grant date. In each case, vesting of the PSUs and RSUs is subject to Mr. Seyler’s continued employment through the applicable vesting date, subject to earlier vesting provisions in connection with a change in control and certain qualifying terminations of employment.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The PSUs and RSUs were granted as inducement awards material to Mr. Seyler’s acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The awards were granted outside of, and the shares subject to the awards were not drawn from the share reserve under, the Company’s Second Amended and Restated 2020 Incentive Plan (the "Plan"), but are subject to terms and conditions substantially similar to those applicable to awards granted under the Plan.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<strong xmlns="http://www.w3.org/1999/xhtml">About Mitek Systems, Inc.</strong>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mitek Systems protects what’s real across digital interactions in a world of evolving threats. Mitek helps businesses verify identities, prevent fraud before it happens, and deliver secure, seamless digital experiences in the face of rapidly advancing AI-generated threats. From account opening to authentication and deposit, Mitek’s technology safeguards critical digital interactions. More than 7,000 organizations rely on Mitek to protect their most important customer connections and stay ahead of emerging risks. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.miteksystems.com&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=www.miteksystems.com&amp;index=2&amp;md5=f6193ab5ed112d4f0c9f7b7ae118ebd5" shape="rect">www.miteksystems.com</a>. [(MITK-F)]

</p><p xmlns="http://www.w3.org/1999/xhtml">
Follow Mitek on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmiteksystems%2F&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=146111a05bf4128ad2e322ef60fbd8d1" shape="rect">LinkedIn</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fmiteksystems&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=YouTube&amp;index=4&amp;md5=32e637a4851e14ac3a1947dcfecdffe0" shape="rect">YouTube</a>, and read Mitek’s latest blog posts <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.miteksystems.com%2Fblog&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=here&amp;index=5&amp;md5=ec476e197452b8f13395656c2a84dc6c" shape="rect">here</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Notice Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Mr. Seyler’s expected contributions, the Company’s go-to-market strategy and next phase of growth, and the potential vesting of the PSUs and RSUs. These statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including the risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update them except as required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817725275r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817725275/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817725275/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Mitek Media Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:pr@miteksystems.com" shape="rect">pr@miteksystems.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contacts: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ryan Flanagan ICR for Mitek Systems
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@miteksystems.com" shape="rect">ir@miteksystems.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Michael Holder
<br xmlns="http://www.w3.org/1999/xhtml"></br>SVP, Finance and Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mholder@miteksystems.com" shape="rect">mholder@miteksystems.com</a>

</p>

MITK

Mitek Appoints Aaron Seyler as Chief Revenue Officer

Mitek appoints CRO to drive go-to-market growth and enterprise expansion

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification and fraud prevention, announced the appointment of Aaron Seyler as Mitek’s Chief Revenue Officer to lead Mitek’s go-to-market</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Mitek Systems named Aaron Seyler as Chief Revenue Officer, effective August 17, 2026, with about $2.5 million in inducement awards. Seyler’s GTM leadership at Vonage and Telesign is expected to unify Mitek’s go-to-market and accelerate enterprise adoption of its identity verification and fraud prevention platform amid AI-driven threats. The move signals a deliberate push to lift revenue growth and sales execution.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>MITK appoints Aaron Seyler as Chief Revenue Officer, effective Aug 17, 2026.</li><li>Seyler brings GTM leadership from Vonage and Telesign across global markets.</li><li>PSUs: 67,459; RSUs: 67,459; total inducement around $2.5 million.</li><li>Unifying GTM under one CRO aims to accelerate MITK growth in enterprise identity/fraud.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Mitek Systems, Inc. (MITK)</strong>: Subject company; CRO appointment could enhance revenue growth trajectory.</li><li><strong>Vonage (N/A)</strong>: Former employer of Seyler; GTM results bolster credibility.</li><li><strong>Ericsson (ERIC)</strong>: Parent company of Vonage; context for strategic synergies.</li><li><strong>Telesign (N/A)</strong>: Previous employer of Seyler; track record in digital identity/fraud.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The leadership appointment and related compensation indicate a strategic GTM acceleration plan for MITK, with potential long-term impact on revenue growth and market penetration.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CRO appointment may signal faster revenue growth and improved sales execution.</li><li>Inducement awards align management incentives with shareholders and growth targets.</li><li>Immediate earnings impact is uncertain; investors will watch next quarterly guidance.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Start date: Aug 17, 2026.</li><li>Aggregate inducement awards: approximately $2.5 million (PSUs and RSUs).</li><li>PSUs: 67,459; vest after 3-year performance vs Russell 2000; up to 67,459 additional possible.</li><li>RSUs: 67,459; vest in four equal annual installments starting the first anniversary.</li><li>Awards granted under Nasdaq Rule 5635(c)(4); outside the Company&#039;s incentive plan.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Over 12–18 months, MITK could see modest upside from improved GTM execution and revenue visibility.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.miteksystems.com%2F%3Futm_sf_lead_source%3DWebsite%26utm_campaign%3D701Vu00001OSRc5IAH%26utm_medium%3DPress%2520release%26utm_lead_category%3DMarketing&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=Mitek+Systems%2C+Inc.&amp;index=1&amp;md5=fd0561239e3f7e6e00c46896f1ad5588" shape="rect">Mitek Systems, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MITK">MITK</a>), a global leader in digital identity verification and fraud prevention, announced the appointment of Aaron Seyler as Mitek’s Chief Revenue Officer to lead Mitek’s go-to-market organization, effective as of his start date, August 17, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Seyler joins Mitek from Vonage, an Ericsson company, where he led a global go-to-market organization across 17 countries. In his role as Chief Revenue Officer there, he scaled an API-based enterprise software business through a global partner and channel ecosystem, a motion similar to Mitek’s delivery of its identity and fraud capabilities into customer onboarding, authentication, and transaction workflows. Prior to Vonage, he led the go-to-market function at Telesign, a digital fraud and identity protection company, where he helped scale revenue from approximately $200 million to more than $600 million and led its expansion into international markets.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are pleased to welcome Aaron to Mitek. Unifying our go-to-market functions under a single CRO creates greater alignment and accountability for growth. Aaron has a strong track record of driving revenue growth at global enterprise software businesses, including in digital identity and fraud, and we believe he is the right leader to drive the next phase of our growth," said Edward H. West, Chief Executive Officer of Mitek.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;I have spent my career scaling enterprise revenue for software platform businesses, including in digital fraud and identity, and what stands out about Mitek is the trust it has earned with many of the world&#39;s largest institutions, the banks and enterprises where protecting identity and assets is mission critical. That trust, together with the technology, data, and services ecosystem beneath it, is difficult to build and difficult to replicate. I am excited to bring our go-to-market teams together and, alongside our partners, help more of these institutions put Mitek&#39;s capabilities to work against the growing threat of digital and AI-driven fraud,&#34; said Aaron Seyler, Chief Revenue Officer of Mitek.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In connection with Mr. Seyler’s appointment as the Company’s Chief Revenue Officer, the Human Capital Committee of the Company’s Board of Directors approved, effective as of his start date, employment inducement awards in the form of performance-based vesting restricted stock units ("PSUs") and service-based vesting restricted stock units ("RSUs"), with an aggregate grant date fair value of approximately $2,500,000.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The awards consist of (i) 67,459 PSUs which may vest, if at all, following the completion of the three-year performance period based on the Company’s relative total shareholder return performance measured against the Russell 2000 Index, with up to an additional 67,459 PSUs eligible to vest for above-target performance, and (ii) 67,459 RSUs that vest in four equal annual installments beginning on the first anniversary of the grant date. In each case, vesting of the PSUs and RSUs is subject to Mr. Seyler’s continued employment through the applicable vesting date, subject to earlier vesting provisions in connection with a change in control and certain qualifying terminations of employment.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The PSUs and RSUs were granted as inducement awards material to Mr. Seyler’s acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The awards were granted outside of, and the shares subject to the awards were not drawn from the share reserve under, the Company’s Second Amended and Restated 2020 Incentive Plan (the "Plan"), but are subject to terms and conditions substantially similar to those applicable to awards granted under the Plan.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<strong xmlns="http://www.w3.org/1999/xhtml">About Mitek Systems, Inc.</strong>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mitek Systems protects what’s real across digital interactions in a world of evolving threats. Mitek helps businesses verify identities, prevent fraud before it happens, and deliver secure, seamless digital experiences in the face of rapidly advancing AI-generated threats. From account opening to authentication and deposit, Mitek’s technology safeguards critical digital interactions. More than 7,000 organizations rely on Mitek to protect their most important customer connections and stay ahead of emerging risks. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.miteksystems.com&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=www.miteksystems.com&amp;index=2&amp;md5=f6193ab5ed112d4f0c9f7b7ae118ebd5" shape="rect">www.miteksystems.com</a>. [(MITK-F)]

</p><p xmlns="http://www.w3.org/1999/xhtml">
Follow Mitek on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmiteksystems%2F&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=146111a05bf4128ad2e322ef60fbd8d1" shape="rect">LinkedIn</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fmiteksystems&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=YouTube&amp;index=4&amp;md5=32e637a4851e14ac3a1947dcfecdffe0" shape="rect">YouTube</a>, and read Mitek’s latest blog posts <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.miteksystems.com%2Fblog&amp;esheet=54590823&amp;newsitemid=20260817725275&amp;lan=en-US&amp;anchor=here&amp;index=5&amp;md5=ec476e197452b8f13395656c2a84dc6c" shape="rect">here</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Notice Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Mr. Seyler’s expected contributions, the Company’s go-to-market strategy and next phase of growth, and the potential vesting of the PSUs and RSUs. These statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including the risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update them except as required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817725275r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817725275/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817725275/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Mitek Media Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:pr@miteksystems.com" shape="rect">pr@miteksystems.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contacts: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ryan Flanagan ICR for Mitek Systems
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@miteksystems.com" shape="rect">ir@miteksystems.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Michael Holder
<br xmlns="http://www.w3.org/1999/xhtml"></br>SVP, Finance and Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mholder@miteksystems.com" shape="rect">mholder@miteksystems.com</a>

</p>

Mitek Systems named Aaron Seyler as Chief Revenue Officer, effective August 17, 2026, with about $2.5 million in inducement awards. Seyler’s GTM leadership at Vonage and Telesign is expected to unify Mitek’s go-to-market and accelerate enterprise adoption of its identity verification and fraud prevention platform amid AI-driven threats. The move signals a deliberate push to lift revenue growth and sales execution.

News insight

Mitek Appoints Aaron Seyler as Chief Revenue Officer

AI summary

Sentiment rationale

Key facts

Corporate Developments