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Tenable Appoints Steve Vintz and Mark Thurmond as Co-CEOs

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Tenable (TENB) has announced the permanent appointment of Steve Vintz and Mark Thurmond as co-Chief Executive Officers, following their successful interim period. The Board's unanimous decision came after an extensive search process considering both internal and external candidates.

Under the co-CEO structure, Vintz (CFO since 2014) will oversee product, cybersecurity, corporate development, and administrative functions, while Thurmond (COO since 2020) will manage sales, professional services, technical support, marketing, and customer success. Both executives will join the Board after the annual shareholder meeting on May 14, 2025.

During their interim leadership, Tenable has shown strong adoption of the Tenable One Exposure Management platform, expanded its cloud security presence, and completed the strategic acquisition of Vulcan Cyber. Steve Vintz will continue as CFO while the company conducts a search for his replacement.

Tenable (TENB) ha annunciato la nomina definitiva di Steve Vintz e Mark Thurmond come co-Amministratori Delegati, a seguito del loro periodo di interim di successo. La decisione unanime del Consiglio di Amministrazione è arrivata dopo un'ampia ricerca che ha coinvolto candidati interni ed esterni.

Nel modello di co-CEO, Vintz (CFO dal 2014) supervisionerà prodotto, cybersecurity, sviluppo aziendale e funzioni amministrative, mentre Thurmond (COO dal 2020) gestirà vendite, servizi professionali, supporto tecnico, marketing e customer success. Entrambi entreranno nel Consiglio dopo l'assemblea annuale degli azionisti del 14 maggio 2025.

Durante la loro leadership ad interim, Tenable ha registrato una forte adozione della piattaforma Tenable One Exposure Management, ampliato la propria presenza nella sicurezza cloud e completato l'acquisizione strategica di Vulcan Cyber. Steve Vintz continuerà a ricoprire il ruolo di CFO mentre l’azienda ricerca il suo successore.

Tenable (TENB) ha anunciado el nombramiento permanente de Steve Vintz y Mark Thurmond como co-Directores Ejecutivos, tras su exitoso periodo interino. La decisión unánime de la Junta Directiva se tomó después de un exhaustivo proceso de búsqueda que incluyó candidatos internos y externos.

Bajo la estructura de co-CEO, Vintz (CFO desde 2014) supervisará producto, ciberseguridad, desarrollo corporativo y funciones administrativas, mientras que Thurmond (COO desde 2020) gestionará ventas, servicios profesionales, soporte técnico, marketing y éxito del cliente. Ambos ejecutivos se unirán a la Junta después de la reunión anual de accionistas el 14 de mayo de 2025.

Durante su liderazgo interino, Tenable ha mostrado una fuerte adopción de la plataforma Tenable One Exposure Management, ha ampliado su presencia en seguridad en la nube y ha completado la adquisición estratégica de Vulcan Cyber. Steve Vintz continuará como CFO mientras la empresa busca a su reemplazo.

Tenable (TENB)는 성공적인 임시 CEO 기간을 거쳐 Steve VintzMark Thurmond를 공동 최고경영자(CEO)로 영구 임명했다고 발표했습니다. 이사회는 내부 및 외부 후보자를 포함한 광범위한 검색 과정을 거쳐 만장일치로 결정했습니다.

공동 CEO 체제에서 Vintz(2014년부터 CFO)는 제품, 사이버 보안, 기업 개발 및 관리 기능을 총괄하며, Thurmond(2020년부터 COO)는 영업, 전문 서비스, 기술 지원, 마케팅 및 고객 성공을 담당합니다. 두 임원 모두 2025년 5월 14일 연례 주주총회 이후 이사회에 합류할 예정입니다.

임시 리더십 기간 동안 Tenable은 Tenable One Exposure Management 플랫폼의 강력한 도입을 보였고, 클라우드 보안 영역을 확장했으며, 전략적 인수인 Vulcan Cyber를 완료했습니다. Steve Vintz는 후임자 검색이 완료될 때까지 CFO 역할을 계속 수행할 것입니다.

Tenable (TENB) a annoncé la nomination permanente de Steve Vintz et Mark Thurmond en tant que co-Directeurs Généraux, suite à leur période intérimaire réussie. La décision unanime du Conseil d’Administration est intervenue après une recherche approfondie incluant des candidats internes et externes.

Dans cette structure de co-CEO, Vintz (CFO depuis 2014) supervisera les produits, la cybersécurité, le développement corporatif et les fonctions administratives, tandis que Thurmond (COO depuis 2020) prendra en charge les ventes, les services professionnels, le support technique, le marketing et la réussite client. Les deux dirigeants rejoindront le Conseil après l’assemblée générale annuelle des actionnaires le 14 mai 2025.

Durant leur direction intérimaire, Tenable a connu une forte adoption de la plateforme Tenable One Exposure Management, a étendu sa présence en sécurité cloud et a finalisé l’acquisition stratégique de Vulcan Cyber. Steve Vintz continuera d’assurer le rôle de CFO pendant que la société recherche son remplaçant.

Tenable (TENB) hat die dauerhafte Ernennung von Steve Vintz und Mark Thurmond als gemeinsame Geschäftsführer bekannt gegeben, nachdem sie eine erfolgreiche Übergangszeit absolviert haben. Der Vorstand traf die einstimmige Entscheidung nach einer umfassenden Suche, bei der sowohl interne als auch externe Kandidaten berücksichtigt wurden.

Im Co-CEO-Modell wird Vintz (CFO seit 2014) die Bereiche Produkt, Cybersicherheit, Unternehmensentwicklung und Verwaltung übernehmen, während Thurmond (COO seit 2020) für Vertrieb, professionelle Dienstleistungen, technischen Support, Marketing und Kundenerfolg verantwortlich ist. Beide Führungskräfte werden nach der jährlichen Hauptversammlung am 14. Mai 2025 in den Vorstand aufgenommen.

Während ihrer interimistischen Führung verzeichnete Tenable eine starke Akzeptanz der Tenable One Exposure Management Plattform, erweiterte seine Cloud-Sicherheitspräsenz und schloss die strategische Übernahme von Vulcan Cyber ab. Steve Vintz wird weiterhin als CFO tätig sein, während das Unternehmen einen Nachfolger sucht.

Positive
  • Successful interim period demonstrates proven leadership capabilities
  • Strategic acquisition of Vulcan Cyber strengthens product portfolio
  • Strong adoption of Tenable One platform indicates market success
  • Internal promotion ensures continuity and deep company knowledge
Negative
  • Potential challenges of dual-CEO structure in decision-making
  • Temporary CFO situation could create operational complexity
  • Split responsibilities might lead to organizational inefficiencies

COLUMBIA, Md., April 16, 2025 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today announced that its Board of Directors has unanimously appointed Steve Vintz and Mark Thurmond as co-Chief Executive Officers on a permanent basis. Following an extensive search process that considered both internal and external candidates, the Board concluded that Vintz and Thurmond are best positioned to move the company forward. The decision reflects the Board’s confidence in the strength of their leadership following a successful interim period during which they drove significant operational and strategic momentum. The Board also intends to appoint Vintz and Thurmond to the Board immediately following the company’s annual shareholder meeting to be held on May 14, 2025.

Vintz, Tenable’s Chief Financial Officer since 2014, and Thurmond, who has served as Chief Operating Officer since 2020, bring deep industry and operational experience. Under the co-CEO structure, Vintz will oversee product, cyber security, corporate development and all general and administrative functions, while Thurmond will oversee GTM functions including sales, professional services, technical support, marketing, and customer success. Together, they will continue to guide the company’s mission to help organizations understand and reduce cyber risk across their modern attack surfaces.

“Mark and Steve have demonstrated exceptional leadership and alignment during their time as interim co-CEOs,” said Art Coviello, Chairman of the Tenable Board of Directors. “Their collaborative leadership style, deep industry knowledge, and customer-first mindset have already created strong results. We are confident in their ability to continue driving innovation and long-term value for all stakeholders.”

Under their interim leadership, Tenable has expanded its customer footprint, with strong adoption of the Tenable One Exposure Management platform and growing momentum behind Tenable Cloud Security. They also completed the strategic acquisition of Vulcan Cyber, advancing Tenable’s product roadmap with the expected launch of a significantly expanded version of Tenable One that we believe will be the most comprehensive exposure management platform on the market.

“We are honored to lead Tenable as co-CEOs and energized by the opportunity ahead,” said Vintz and Thurmond in a joint statement. “We have tremendous belief in Tenable’s mission, team and market position, and we’re excited to build on our momentum to deliver meaningful outcomes for our customers, employees and shareholders.”

Coviello, a respected cybersecurity leader, will remain Chairman of the Board. Additionally, Steve Vintz will continue to serve as Chief Financial Officer, while the company conducts a CFO search.

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

Media Contact:
Tenable
tenablepr@tenable.com

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding the effects of appointing the co-CEOs, are forward-looking statements and represent our views as of the date of this press release. The words “anticipate,” "believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond our control that could affect our financial results. These risks and uncertainties are detailed in the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other filings that we make from time to time with the SEC, which are available on the SEC's website at sec.gov. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, we are under no obligation to update these forward-looking statements subsequent to the date of this press release, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.


FAQ

What roles will Tenable's new co-CEOs Steve Vintz and Mark Thurmond oversee?

Steve Vintz will oversee product, cybersecurity, corporate development, and administrative functions, while Mark Thurmond will manage sales, professional services, technical support, marketing, and customer success.

When will Tenable's new co-CEOs join the company's Board of Directors?

They will join the Board immediately following Tenable's annual shareholder meeting on May 14, 2025.

What major achievements occurred during Vintz and Thurmond's interim leadership at TENB?

They expanded customer footprint, drove strong adoption of Tenable One platform, grew cloud security momentum, and completed the Vulcan Cyber acquisition.

Will Steve Vintz maintain his CFO position at Tenable (TENB) while serving as co-CEO?

Yes, Vintz will continue as CFO temporarily while the company conducts a search for his replacement.
Tenable Holdings

NASDAQ:TENB

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