Friday, January 10

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

As CEO, Amit Yoran brought cybersecurity startup Tenable to the public market. He passed away on Friday. His age was 54.

Tenable confirmed Yoran’s death in a press release on Saturday.Yoran fought cancer and went on medical leave early last month, but the company stated his death was unexpected.

The business stated on Saturday that funeral specifics have not yet been disclosed.

More from CNBC

  • Top Wall Street analysts pick these dividend stocks for 2025

  • 3 tips for starting a successful side hustle in 2025, according to expert

  • What went wrong for Spirit Airlines?

In 2016, Yoran assumed his most recent position of leadership in the cybersecurity industry when he took over Tenable. Prior to that, from 2014 to 2016, he was president of RSA Security. According to his LinkedIn page, Yoran founded NetWitness and served as its CEO from 2006 until 2011 before RSA purchased the company.

He worked for the government and nonprofit organizations over his decades-long career in cybersecurity. From 2003 to 2004, Yoran served as the U.S. Department of Homeland Security’s National Cybersecurity Director. Since 2019, he has served on the Center for Internet Security’s board.

Tenable listed on the Nasdaq two years into Yoran’s term. The IPO was viewed at the time as a success story for Wall Street cybersecurity firms.

Yoran noted the company’s successful transition to a subscription model and referred to its focus on business IT risks as unique in the market. According to Yoran, more than half of Fortune 500 businesses were Tenable clients by 2018.

See also  Supporters of impeached South Korean president find inspiration in Trump

At the time of Tenable’s IPO, he told CNBC, “We’ve become one of the most trusted and beloved brands in cybersecurity.” The only private enterprises that can go public are the best and most successful ones. And that allows us a place to share our narrative on a much bigger scale.

Since Yoran’s medical absence in December, Tenable CFO Steve Vintz and Chief Operating Officer Mark Thurmond have served as co-CEOs. According to the corporation, they will keep sharing the position while its board of directors searches for a long-term replacement.

In a statement to staff members posted on his LinkedIn page, Yoran stated that he had anticipated his absence to last only a few months and that his ailment was manageable. In his absence, he fully trusted Vintz and Thurmond to run the business.

Yoran wrote, “There is no time to waste and we have a lot to do.” I’ll stay in touch as much as possible during this brief break to put my health first while allowing myself the time and space I need to recover completely. In addition to the commitment you all make to your work, I am incredibly appreciative of the sense of community we have created.

Additionally, Yoran chaired Tenable’s board, a role that will now be filled by Art Coviello, the company’s principal independent director. Coviello described Yoran as an exceptional friend, colleague, and leader in a statement.

Tenable’s culture and goals have been shaped by his enthusiasm for cybersecurity, strategic vision, and capacity to motivate others, according to Coviello. We will continue to follow his legacy as we proceed.

See also  More women seek testosterone therapy, prompted by influencers, doctors say

Note: Every piece of content is rigorously reviewed by our team of experienced writers and editors to ensure its accuracy. Our writers use credible sources and adhere to strict fact-checking protocols to verify all claims and data before publication. If an error is identified, we promptly correct it and strive for transparency in all updates, feel free to reach out to us via email. We appreciate your trust and support!

Leave a Reply

Your email address will not be published. Required fields are marked *