PHOENIX--(BUSINESS WIRE)--BeyondTrust®, the global cybersecurity company dedicated to proactively eliminating data breaches from insider privilege abuse and external hacking attacks, today announced the appointment of Dr. Ronald D. Sugar, former Northrop Grumman Chairman and CEO, to the company’s Board of Directors. Dr. Sugar’s experience in current board of director roles with industry giants such as Apple, Inc. (NASDAQ: AAPL) and Chevron Corporation (NYSE: CVX) will benefit BeyondTrust’s continued growth and leadership in the cybersecurity market.
During Dr. Sugar’s tenure with Northrop Grumman, the company grew to become one of the world’s largest aerospace and defense companies with 120,000 employees and $35 billion in annual revenue. He was chairman of the Aerospace Industries Association, a member of the National Academy of Engineering, and a fellow of both the American Institute of Aeronautics and Astronautics and the Royal Aeronautical Society. He was also previously appointed by President Bill Clinton to the National Security Telecommunications Advisory Committee. In addition to his roles with Apple, Inc. and Chevron Corporation, he is currently serving as a director of Amgen, Inc. (NASDAQ: AMGN) and Air Lease Corporation (NYSE: AL). He also serves as senior advisor to the private investment firm Ares Management LLC and Temasek, Singapore’s sovereign wealth fund.
“BeyondTrust has emerged as a leading cybersecurity platform combating both internal and external threats,” said Dr. Sugar. “Given the ever-changing and asymmetric threat environment, corporate boards and management are increasing their attention on cyber enterprise risk. BeyondTrust’s software solutions are essential elements to a strong information security strategy. I am excited to work with Kevin Hickey, the management team and BeyondTrust’s investors at Veritas Capital to accelerate the company’s growth in this dynamic market.”
“We are thrilled to welcome Dr. Sugar to BeyondTrust’s Board of Directors,” said Kevin Hickey, President and CEO of BeyondTrust. “We look forward to tapping his wealth of strategic insights and executive experience to continue BeyondTrust’s growth.”
BeyondTrust is a global cybersecurity company dedicated to proactively eliminating data breaches from insider privilege abuse and external hacking attacks. Corporate and government organizations rely on BeyondTrust solutions to shrink attack surfaces and identify imminent threats. The company's integrated risk intelligence platform presents a unique competitive advantage in its ability to reveal critical risks hidden within volumes of user and system data. This unifies IT and Security departments, empowering them with the information and control they need to jointly prevent breaches, maintain compliance, and ensure business continuity. BeyondTrust's Privileged Account Management and Vulnerability Management solutions are trusted by over 4,000 customers worldwide, including half of the Fortune 100. To learn more about BeyondTrust, please visit www.beyondtrust.com.
Veritas Capital is a leading private equity firm that invests in companies that provide critical products and services to government and commercial customers worldwide including those operating in aerospace & defense, healthcare, technology, national security, communications, energy and education. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. Current investments include: Anaren, Inc., BeyondTrust Software, Inc., CPI International, Inc., Excelitas Technologies Corp., KeyPoint Government Solutions, Inc., SolAero Technologies Corp., Truven Health Analytics, Inc., and Vencore, Inc. (formerly The SI Organization Inc).