STOCK TITAN

Okta Names Anthony Bates to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Okta has announced the appointment of Anthony Bates, Chairman and CEO of Genesys Cloud Services, to its board of directors, effective June 21, 2024. Bates brings extensive experience in technology and global market growth to Okta's leadership team. Okta’s CEO, Todd McKinnon, highlighted Bates' expertise as key to strengthening the company's market leadership. Bates will focus on enhancing Okta's global business strategy and addressing identity security, a important concern in today's digital-first world. This appointment aims to bolster Okta's position as a leader in identity security.

Positive
  • Anthony Bates' appointment brings seasoned leadership and growth expertise to Okta.
  • Bates' experience in technology and global markets is expected to strengthen Okta's market position.
  • Bates' focus on identity security aligns with Okta's strategic priorities and industry trends.
Negative
  • None.

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced that Anthony Bates, Chairman and Chief Executive Officer of Genesys Cloud Services, Inc., has been appointed to the company’s board of directors, effective June 21, 2024.

Anthony (Tony) Bates, Chairman and Chief Executive Officer, Genesys Cloud Services, Inc. (Photo: Business Wire)

Anthony (Tony) Bates, Chairman and Chief Executive Officer, Genesys Cloud Services, Inc. (Photo: Business Wire)

“Tony’s passion for technology, extensive experience working alongside CEOs, and ability to drive growth in global markets will be invaluable as we continue to build on our market leadership,” said Todd McKinnon, Okta’s CEO and co-founder. “We’re looking forward to Tony joining Okta’s board of directors and sharing his expertise with the company.”

“Identity security is a critical issue that has become increasingly top of mind for organizations. Identity is no longer just at the forefront of organizations’ customer and workforce experiences, it’s now a critical security consideration for all organizations in today’s digital-first world. I am looking forward to working with Okta to advance its global business strategy to lead the industry against identity based attacks," said Bates.

About Anthony Bates

Mr. Bates serves as Chairman and Chief Executive Officer at Genesys Cloud Services, Inc., where he has worked as CEO since 2019 and Chairman since 2021.

Mr. Bates previously served as Vice Chairman of the board of Social Capital Hedosophia Holdings Corp. (“Social Capital”), a special purpose acquisition company, from 2017 to 2019. From May 2017 through June 2018, Mr. Bates held the position of Chief Executive Officer of Growth at Social Capital. From June 2014 until December 2016, Mr. Bates served as President of GoPro, Inc., a maker of video and photo capture devices. From June 2013 until March 2014, Mr. Bates was the Executive Vice President, Business Development and Evangelism of Microsoft Corporation, a software company. Mr. Bates was the Chief Executive Officer of Skype Inc., a provider of software applications and related Internet communications products, from October 2010 until its acquisition by Microsoft in 2011, subsequent to which Mr. Bates served as the President of Microsoft’s Skype Division until June 2013. From 1996 to October 2010, Mr. Bates served in various roles at Cisco Systems, Inc., a networking equipment provider, most recently as Senior Vice President and General Manager of Enterprise, Commercial and Small Business.

About Okta

Okta is the World’s Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We’re building a world where Identity belongs to you. Learn more at okta.com.

Investor Contact:

Dave Gennarelli

investor@okta.com



Media Contact:

Kyrk Storer

press@okta.com

Source: Okta, Inc.

FAQ

When will Anthony Bates join Okta's board of directors?

Anthony Bates will join Okta's board of directors on June 21, 2024.

What position does Anthony Bates currently hold?

Anthony Bates is the Chairman and CEO of Genesys Cloud Services.

How is Anthony Bates expected to impact Okta?

Anthony Bates is expected to bring his extensive experience in technology and global market growth to strengthen Okta's market leadership.

Why is Anthony Bates' appointment significant for Okta?

Anthony Bates' appointment is significant as it aims to enhance Okta's global business strategy and address critical identity security issues.

What is the stock symbol for Okta?

The stock symbol for Okta is OKTA.

Okta, Inc.

NASDAQ:OKTA

OKTA Rankings

OKTA Latest News

OKTA Stock Data

13.83B
162.68M
0.56%
86.78%
1.68%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO