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CyberArk Announces Peretz Regev as Chief Product Officer
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
CyberArk has appointed Peretz Regev as chief product officer, bringing over 20 years of experience from roles at PayPal and HP Software. In this position, Regev will lead product management and innovation efforts focused on CyberArk's Identity Security vision. This strategic move aims to enhance competitive differentiation and customer value. Chen Bitan, the previous CPO, will continue as the general manager for CyberArk Israel and will manage strategic accounts in EMEA. The company emphasizes improving security through intelligent privilege controls.
Positive
Appointment of Peretz Regev as chief product officer with extensive experience.
Focus on driving innovation in CyberArk's Identity Security Platform.
Continued leadership from Chen Bitan, enhancing strategic account management.
Negative
None.
NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--
CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the appointment of Peretz Regev as chief product officer. Regev brings more than 20 years of senior leadership and product engineering experience to CyberArk. Previously, Regev was vice president of Global Data Science and Engineering at PayPal. Regev also served as the general manager of PayPal Israel.
In this role, Regev will oversee the organization’s product management, R&D, innovation and technology operations. He will continue to support CyberArk’s Identity Security vision and consistently execute on an innovative roadmap that drives competitive differentiation and customer value. CyberArk established Identity Security as the new standard for managing growth and reducing risk associated with human and machine identities. Centered on intelligent privilege controls, the CyberArk Identity Security Platform enables secure access for any identity from anywhere and to the widest range of resources and environments.
CyberArk’s previous chief product officer Chen Bitan will remain the general manager of CyberArk Israel and will continue to play a key role in defining the company direction. In addition, he will take on new responsibilities to manage and develop strategic customer accounts with a focus on EMEA.
“With a strong track record of creating successful SaaS and cloud-based enterprise-grade solutions and a leadership style that delivers exceptional results, Peretz will drive consistent execution of our CyberArk Identity Security Platform roadmap and further extend our already-strong competitive advantage,” said Udi Mokady, founder, chairman and CEO of CyberArk. “Chen’s continued leadership and deep market understanding will further help us to strengthen our Identity Security market leadership. I am incredibly proud of the CyberArk team and our ability to consistently execute to drive business momentum and customer value.”
Prior to PayPal, Regev led the SaaS products and Big Data Analytics teams at HP Software, where he helped define the company’s overall product strategy and roadmap, drove the research agenda with the HP Labs team and developed the vision and business strategy for the organization’s end-to-end DevOps solutions during his 12-year tenure.
“CyberArk consistently demonstrates the ability to improve security for customers by leveraging intelligent privilege controls at the core of their Identity Security strategies. I am proud to join an organization that is committed to driving innovation and value with a customer-first approach, while maintaining a focus on the horizon for emerging cyber threats,” said Regev. “I look forward to collaborating with our research, product and technology teams to help customers and partners improve security that matches the pace of digital investments.”
Regev earned his BSc in Computer Sciences cum laude from Reichman University and his MBA cum laude from the College of Management Academic Studies.
About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedInor Facebook.
What is the significance of Peretz Regev's appointment at CyberArk (CYBR)?
Peretz Regev's appointment as chief product officer is significant due to his 20+ years of experience, which is expected to drive innovation in CyberArk's Identity Security Platform.
How will CyberArk's leadership changes impact its market position?
The leadership changes, including Regev's experience and Bitan's continued involvement, aim to strengthen CyberArk's competitive advantage in the Identity Security market.
What experience does Peretz Regev bring to CyberArk (CYBR)?
Peretz Regev previously served as vice president of Global Data Science and Engineering at PayPal, where he led significant product initiatives.
Who is responsible for managing strategic accounts in EMEA at CyberArk?
Chen Bitan will manage and develop strategic customer accounts with a focus on the EMEA region.
