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F5 Adds Michael Montoya to Board of Directors

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F5 Networks (NASDAQ: FFIV) has appointed Michael Montoya, Chief Information Security Officer at Equinix, to its board of directors. Montoya brings extensive expertise in cybersecurity, risk governance, and data privacy, enhancing F5’s leadership in application security. Previously, he held key security roles at Digital Realty and Microsoft. Montoya's addition expands F5's board to ten members, with nine being independent and seven diverse, aligning with the company’s commitment to transformative leadership.

Positive
  • Montoya's cybersecurity expertise can enhance F5's application security leadership.
  • Board expansion includes diverse members, aligning with F5's transformation strategy.
Negative
  • Concerns may arise regarding continuity and experience gaps with new board members.

F5 Networks (NASDAQ: FFIV) today announced the appointment of Michael Montoya, Chief Information Security Officer at Equinix, the world’s digital infrastructure company, to its board of directors. Montoya, 50, joins F5’s board effective immediately, bringing a strong background leading comprehensive cybersecurity programs for large global organizations.

“Michael’s expertise in information security, risk governance, and data privacy will bring a valuable perspective for F5 and our board,” said Alan Higginson, chairman of the board of F5. “His extensive experience developing and managing global enterprise cloud security operations make him an ideal addition to our board as we leverage and extend F5’s application security leadership.”

In his current role, Montoya is responsible for leading Equinix’s global cybersecurity risk program. His responsibilities include evolving the company’s information security program and defining Equinix’s future cybersecurity roadmap, enterprise risk management, and compliance programs.

Prior to Equinix, Montoya was Senior Vice President and Chief Information Security Officer at Digital Realty and previously served in numerous leadership roles at Microsoft, including as Chief Cybersecurity Officer, Asia, leading security initiatives and operations for the development and delivery of Microsoft cloud security products and services. Montoya also held leadership positions at FireEye, EMC Corporation, and Avanade Inc.

Montoya earned a B.A. in Economics from the University of New Mexico and holds advisor roles for several early-stage security companies.

F5’s board is committed to adding strong new voices through transformation. With Montoya’s appointment, F5’s board expands to ten members, nine of whom are independent. In addition, seven of F5’s board members are diverse, and in the past five years, 100% of new directors added and currently serving on the board are diverse.

About F5

F5 (NASDAQ: FFIV) is a multi-cloud application security and delivery company that enables our customers—which include the world’s largest enterprises, financial institutions, service providers, and governments—to bring extraordinary digital experiences to life. For more information, go to f5.com. You can also follow @F5 on Twitter or visit us on LinkedIn and Facebook for more information about F5, its partners, and technologies.

F5 is a trademark, service mark, or tradename of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

Source: F5 Networks

FAQ

Who is Michael Montoya and what is his role at F5?

Michael Montoya is the new board member at F5, previously serving as Chief Information Security Officer at Equinix, where he led global cybersecurity initiatives.

What impact will Montoya's appointment have on F5?

Montoya's expertise in cybersecurity is expected to strengthen F5's application security leadership and risk governance.

How does F5's board composition change with Montoya's appointment?

With Montoya's appointment, F5's board expands to ten members, including nine independents and seven diverse members.

What experience does Montoya bring to F5's board?

Montoya has significant experience in cybersecurity, having held leadership roles at companies like Digital Realty and Microsoft.

F5, Inc.

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