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OneSpan Appoints M. Samy Ibrahim As Chief Revenue Officer to Fuel Next Stage of Growth
Rhea-AI Impact
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Rhea-AI Sentiment
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Tags
management
Rhea-AI Summary
OneSpan (NASDAQ: OSPN) announced the promotion of M. Samy Ibrahim to Chief Revenue Officer, aiming to enhance sales and revenue growth.
Ibrahim, with extensive experience in sales and cybersecurity, previously held roles at Forcepoint and Arbor Networks. His leadership is expected to drive strategic alignment across revenue functions as OneSpan strengthens its market position heading into 2023.
President and CEO Matthew Moynahan highlighted Ibrahim's proven ability to grow revenue and deliver excellent client service.
Positive
M. Samy Ibrahim's promotion could lead to enhanced sales strategies and operational efficiency.
Ibrahim's track record includes transforming sales growth at Forcepoint by over 300% in four years.
Negative
None.
Ibrahim promoted to drive sales expansion and profitable revenue growth
CHICAGO--(BUSINESS WIRE)--
OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced the promotion of M. Samy Ibrahim to Chief Revenue Officer. Ibrahim will oversee OneSpan’s global revenue organization and will be responsible for driving strategic alignment between all revenue-related functions as OneSpan accelerates its momentum heading into 2023.
M. Samy Ibrahim, OneSpan's Chief Revenue Officer (Photo: Business Wire)
Ibrahim has several decades of high-growth sales experience, deep cybersecurity knowledge, and a strong track record of building world-class sales organizations. He most recently served as OneSpan’s Vice President of Global Sales Strategy and Business Operations. Prior to joining OneSpan, Ibrahim was Vice President of EMEA Emerging Markets and Central and Eastern Europe at Forcepoint, a global security leader. At Forcepoint, he transformed the region and grew revenue by more than 300% in four years. Before Forcepoint, he held similar sales leadership roles at Arbor Networks, now NETSCOUT, a DDOS mitigation software company, and F5, a multi-cloud application services and security company. Earlier in his career, he was the head of the advanced technologies business unit at Juniper Networks and regional general manager at 3Com, acquired by HP.
“Samy’s promotion speaks to our strategy of building an executive team full of talented industry experts who embody our culture and can take the company to the next level. Samy has an established history of growing revenue, serving as a dynamic sales leader, and delivering stellar client service. These skills are not only critical in this role, but also complement OneSpan’s values of commitment, trust, and teamwork,” said Matthew Moynahan, President and CEO at OneSpan. “With Samy’s appointment, we now have a complete executive leadership team. I look forward to what’s ahead as we build upon our growth and momentum as the leading digital agreements security company.”
“Many of the world’s largest brands trust OneSpan for high-assurance security through their customers’ digital transaction journeys,” said Ibrahim. “I look forward to building a formidable sales organization, one that is focused on hiring and developing the best people, and to gathering our global teams around a shared mission, sales process, and go-to-market strategy.”
OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. Organizations requiring high assurance security, including the integrity of end-users and the fidelity of transaction records behind every agreement, choose OneSpan to simplify and secure business processes with their partners and customers. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.
For more information, go to www.onespan.com. You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook.
Investor Contact
Joe Maxa Vice President of Investor Relations
+1-312-766-4009
joe.maxa@onespan.com
Source: OneSpan Inc.
FAQ
What is the significance of M. Samy Ibrahim's promotion at OneSpan (OSPN)?
M. Samy Ibrahim's promotion to Chief Revenue Officer is aimed at driving sales expansion and aligning revenue strategies as OneSpan accelerates growth into 2023.
What experience does M. Samy Ibrahim bring to OneSpan (OSPN)?
Ibrahim has decades of sales experience in the cybersecurity sector, having held senior roles at Forcepoint and Arbor Networks, where he significantly increased revenues.
What are the expectations from M. Samy Ibrahim in his new role at OneSpan (OSPN)?
Ibrahim is expected to build a strong sales organization focused on strategic alignment and enhance revenue growth for OneSpan.
