COLUMBIA, Md., Jan. 04, 2025 (GLOBE NEWSWIRE) — Tenable Holdings (NASDAQ: ), Inc. It is with deep sadness that we announce the passing of our President and CEO, Amit Yoran. Amit passed away unexpectedly yesterday. He fought cancer.
A visionary leader and pioneer in the cybersecurity industry, Amit has dedicated his life to making the digital world safer. His unwavering commitment to innovation and relentless pursuit of excellence have transformed Tenable into a global leader in exposure management. His contributions in the field have left an indelible mark, not only on the company but also on the wider cybersecurity community.
Amit has been an outstanding leader, colleague and friend, said Art Coviello, Tenable’s Lead Independent Director. His passion for cybersecurity, his strategic vision and his ability to inspire those around him have shaped Tenable’s culture and mission. His legacy will continue to guide us as we move forward.
Amit Yoran joined Tenable as CEO in 2016, leading the company through significant growth, including a successful initial public offering in 2018. Prior to Tenable, Amit held several prominent positions, including Chairman of RSA and Founding CEO of NetWitness, among many others leading roles in the technological sector.
Amit took a sick leave effective December 5, 2024, at which time the Board appointed Steve Vintz, Chief Financial Officer, and Mark Thurmond, Chief Operating Officer, as Co-CEOs to ensure continued strategic execution and stability. The company will continue to operate under their leadership while the Board conducts an executive search, including internal and external candidates. Art Coviello will serve as chairman of the board.
Based on our preliminary results for the fourth quarter and full year, the company expects to meet or exceed the financial guidance we provided in the press release issued on October 30, 2024.
Our thoughts are with Amit’s family at this difficult time. We extend our deepest condolences to his loved ones and express our gratitude for the extraordinary legacy he left behind. Funeral arrangements have not been announced at this time.
About Tenable
Tenable ® is an exposure management company, uncovering and remediating cybersecurity vulnerabilities that undermine business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the entire attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting businesses from security exposure, Tenable reduces business risk for approximately 44,000 customers worldwide. Learn more at tenable.com.
Media contact:
Brian Alberti
Sustainable
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 about our results of operations for the Fourth Quarter and all of 2024 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 base these forward-looking statements on our current expectations and projections about future events and financial trends which we believe may affect our financial condition, results of operations, business strategy, short- 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 beyond our control, that could affect our financial results. These risks and uncertainties are described in detail in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results “.business” in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings we file with the SEC from time to time, which are available at on the SEC’s website at sec.gov. Moreover, we operate in a highly competitive and rapidly changing environment. New risks emerge from time to time. Our management cannot predict all risks, nor can we estimate the impact of all factors on our business or the extent to which any factor or combination of factors could 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, future events and trends discussed in this release may not occur and actual results may differ materially and adversely from those anticipated or implied by any forward-looking statements. Except as required by law, we undertake no obligation to update these forward-looking statements after the date of this press release or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.
Source: Tenable Holdings, Inc.
