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Gil Shwed Takes on the Role of Executive Chairman of the Board of Directors, Nadav Zafrir Becomes CEO at Check Point Software Technologies

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Check Point Software Technologies (NASDAQ: CHKP) announced a significant leadership transition, with founder Gil Shwed moving to the role of Executive Chairman of the Board of Directors and Nadav Zafrir appointed as the new Chief Executive Officer, effective December 16th, 2024.

Zafrir joins Check Point from Team8, a venture group focused on cybersecurity, where he served as co-founder and managing partner. His background includes establishing the IDF's Cyber Command and commanding Unit 8200, retiring as a Brigadier General. He also serves as a board member of SolarEdge Technologies and has board experience with 14 private cybersecurity companies.

Check Point Software Technologies (NASDAQ: CHKP) ha annunciato un'importante transizione nella leadership, con il fondatore Gil Shwed che assume il ruolo di Presidente Esecutivo del Consiglio di Amministrazione e Nadav Zafrir nominato nuovo Amministratore Delegato, con effetto dal 16 dicembre 2024.

Zafrir si unisce a Check Point dopo aver lavorato con Team8, un gruppo di venture focalizzato sulla cybersecurity, dove ha ricoperto il ruolo di co-fondatore e partner gestore. Il suo background include la creazione del Cyber Command delle IDF e il comando dell'Unità 8200, ritirandosi con il grado di Generale di Brigata. È anche membro del consiglio di amministrazione di SolarEdge Technologies e ha esperienza nel consiglio di amministrazione di 14 aziende private nel settore della cybersecurity.

Check Point Software Technologies (NASDAQ: CHKP) anunció una importante transición en el liderazgo, con el fundador Gil Shwed asumiendo el cargo de Presidente Ejecutivo de la Junta Directiva y a Nadav Zafrir nombrado nuevo Director Ejecutivo, efectivo a partir del 16 de diciembre de 2024.

Zafrir se une a Check Point desde Team8, un grupo de capital de riesgo centrado en la ciberseguridad, donde se desempeñó como cofundador y socio gerente. Su trayectoria incluye la creación del Comando Cibernético de las IDF y el mando de la Unidad 8200, retirándose con el rango de General de Brigada. También es miembro de la junta de SolarEdge Technologies y tiene experiencia en la junta de 14 empresas privadas de ciberseguridad.

Check Point Software Technologies (NASDAQ: CHKP)는 창립자 Gil Shwed가 이사회 의장 역할로 이동하고 Nadav Zafrir가 새로운 CEO로 임명되는 중요한 리더십 전환을 발표했습니다. 이는 2024년 12월 16일부터 시행됩니다.

Zafrir는 사이버 보안에 중점을 둔 벤처 그룹 Team8에서 공동 창립자이자 관리 파트너로 활동하다가 Check Point에 합류합니다. 그의 경력에는 IDF의 사이버 사령부 설립과 8200부대 지휘가 포함되며, 준장으로 은퇴했습니다. 그는 또한 SolarEdge Technologies의 이사회 구성원으로 활동하고 있으며, 14개의 사설 사이버 보안 기업에서 이사 경험을 가지고 있습니다.

Check Point Software Technologies (NASDAQ: CHKP) a annoncé une transition significative de leadership, avec le fondateur Gil Shwed prenant le poste de Président Exécutif du Conseil d'Administration et Nadav Zafrir nommé nouveau Directeur Général, à compter du 16 décembre 2024.

Zafrir rejoint Check Point en provenance de Team8, un groupe de capital-risque axé sur la cybersécurité, où il a été cofondateur et partenaire dirigeant. Son parcours comprend la création du Commandement Cyber des IDF et le commandement de l'unité 8200, dont il est parti en tant que général de brigade. Il est également membre du conseil d'administration de SolarEdge Technologies et possède de l'expérience dans la direction de 14 entreprises privées de cybersécurité.

Check Point Software Technologies (NASDAQ: CHKP) hat einen bedeutenden Führungswechsel bekannt gegeben: Gründer Gil Shwed übernimmt die Rolle des Exekutivvorsitzenden des Vorstands, während Nadav Zafrir als neuer CEO ernannt wird, mit Wirkung zum 16. Dezember 2024.

Zafrir kommt von Team8, einer Risikokapitalgruppe mit Fokus auf Cybersicherheit, wo er als Mitbegründer und geschäftsführender Partner tätig war. Zu seinem Hintergrund gehört die Gründung des Cyber Command der IDF sowie das Kommando über die Einheit 8200, aus der er als Brigadegeneral in den Ruhestand trat. Außerdem ist er Mitglied im Vorstand von SolarEdge Technologies und hat Erfahrung in Vorständen von 14 privaten Unternehmen im Bereich Cybersicherheit.

Positive
  • Leadership continuity maintained with founder Gil Shwed remaining involved as Executive Chairman
  • New CEO brings extensive cybersecurity expertise from military and private sector
  • Incoming CEO has significant board experience in technology companies
Negative
  • Potential operational disruption during leadership transition
  • Risk of strategic direction changes under new leadership

TEL AVIV, Israel, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announces the transition of Gil Shwed into the role of Executive Chairman of the Board of Directors, and the appointment of Nadav Zafrir as the company’s new Chief Executive Officer, starting December 16th.

“Check Point embarks on a new chapter, with my transition into my new role as Executive Chairman and the appointment of Nadav as the company’s new CEO. I’ve known Nadav for many years and he is the perfect fit to lead Check Point to new heights,” said Mr. Shwed. “I have full confidence in the company’s strategy, strength, leadership and employees, and we will work together to ensure this new journey brings even more success than we’ve achieved so far.”

“I am honored to join Check Point as its new CEO,” said Mr. Zafrir. “To lead an iconic cyber security company at such a pivotal time for our industry is both a privilege and a profound responsibility. Our world relies on trust, and Check Point’s mission to establish and protect that trust has never been more critical. We are uniquely positioned to live up to this mission, and shape the future of the cyber security industry. I thank Gil for his confidence and visionary leadership and I am grateful to have him as a partner and mentor as our Chairman.”

Most recently, Mr. Zafrir was the co-founder and managing partner at Team8, a company-building venture group focused on cyber security, data & AI, fintech, and digital health. Prior to Team8, Mr. Zafrir established the IDF’s Cyber Command and served as Commander of the elite Unit 8200, eventually retiring as a Brigadier General. He is a board member of SolarEdge Technologies (after serving as chairman for five years), and has also served on the boards of 14 private cyber security companies.

Follow Check Point via:

LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

Twitter: https://www.twitter.com/checkpointsw

Facebook: https://www.facebook.com/checkpointsoftware

Blog: https://blog.checkpoint.com

YouTube: https://www.youtube.com/user/CPGlobal

About Check Point Software Technologies Ltd. 

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Platform Services for collaborative security operations and services.

Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding Check Point’s leadership transition process, future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

MEDIA CONTACT:

Gil Messing

Check Point Software Technologies

press@us.checkpoint.com
INVESTOR CONTACT:

Kip E. Meintzer

Check Point Software Technologies

ir@us.checkpoint.com

FAQ

When will Nadav Zafrir become CEO of Check Point Software (CHKP)?

Nadav Zafrir becomes CEO of Check Point Software Technologies (CHKP) on December 16th, 2024.

What is Gil Shwed's new role at Check Point Software (CHKP)?

Gil Shwed transitions to the role of Executive Chairman of the Board of Directors at Check Point Software Technologies.

What was Nadav Zafrir's position before joining Check Point (CHKP)?

Before joining Check Point, Nadav Zafrir was co-founder and managing partner at Team8, a venture group focused on cybersecurity, data & AI, fintech, and digital health.

What is Nadav Zafrir's military background before joining Check Point (CHKP)?

Nadav Zafrir established the IDF's Cyber Command and served as Commander of Unit 8200, retiring as a Brigadier General before joining Check Point.

What other board experience does Check Point's (CHKP) new CEO have?

Nadav Zafrir is a board member of SolarEdge Technologies and has served on the boards of 14 private cybersecurity companies.

Check Point Software Technologies Ltd

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