BeyondTrust Expands Executive Leadership Team With Addition Of Maurice Heiblum As Chief Operating Officer

Industry Veteran to Help Company Capitalize on Momentum, Further Accelerate Growth in Privileged Account and Vulnerability Management Markets

PHOENIX--()--BeyondTrust®, the global cyber security company dedicated to proactively eliminating data breaches from insider privilege abuse and external hacking attacks, today announced the expansion of its executive management team with the addition of Maurice Heiblum as Chief Operating Officer (COO).

In this newly added role, Heiblum’s top priorities are to accelerate the company’s performance in its current markets and to help extend BeyondTrust’s leadership position in the privileged account management and vulnerability management markets. He will report directly to Kevin Hickey, president and CEO.

Heiblum comes to BeyondTrust from Blackboard, an industry-leading provider of academic technology and services to the global education market, where he most recently served as Senior Vice President, Higher Education, Corporate and Government Markets. Prior to that role, Maurice was the President of Elluminate, Inc., a provider of real-time online learning and collaboration software (SAAS) solutions, where he helped build and grow the business from start-up to a profitable multi-million dollar business until its successful acquisition by Blackboard in 2010.

“Maurice brings us a unique skill set of strategic operational excellence that complements our existing executive team,” said Kevin Hickey, president and CEO, BeyondTrust. “Perhaps more importantly, he has a proven track record as a results-driven leader who excels in developing strong, long-lasting relationships with team members, customers, and partners alike. Maurice’s leadership will help us maximize the significant opportunity ahead of us.”

The executive team expansion comes at a time of record growth for BeyondTrust, as the company is coming off a record quarter and is on track for a record year. BeyondTrust’s significant growth is a result of its unique combination of vulnerability management and privileged account management (PAM) offerings. According to Gartner’s “Market Guide for Privileged Access Management” report (published May 27, 2015), “Prevention of both breaches and insider attacks has become a major driver for the adoption of privileged access management (PAM) solutions, in addition to compliance and operational efficiency.” Based on the same report, “Gartner estimates that the size of the PAM market reached $512 Million in 2014” and “the market for PAM has continued to grow, with the growth rate for 2014 estimated to have been 32%.”

“There are few technology challenges more important than cyber security is right now and there are few organizations with the vision and proven ability to execute as BeyondTrust,” said Maurice Heiblum, Chief Operating Officer, BeyondTrust. “The tremendous feedback I have received about BeyondTrust is a testament to what the company has achieved thus far and, more importantly, an indicator of the tremendous potential ahead, which I am excited to be a part of.”

Prior to Blackboard and Elluminate, Maurice served as the founder and chief executive officer of a start-up reverse auction services exchange and as general manager of the distributed solutions division at Viasoft where he built a highly profitable multi-million dollar software and services division from the ground up in just over 18 months. Maurice also held a number of increasingly responsible sales and marketing management positions over a 13-year career at IBM.

Heiblum concluded, “When you couple the very evident winning team culture across all levels at BeyondTrust with the historical market-shaping opportunity that we are currently in the midst of, that is a very exciting combination. I look forward to rolling up my sleeves and helping the company continue making a major difference in alleviating some of the most daunting data security challenges that enterprises struggle with every day.”

About BeyondTrust
BeyondTrust is a global cyber security 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.

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Contacts

For BeyondTrust:
Voce Communications for BeyondTrust
Tim Whitman, 617-897-8255
twhitman@vocecomm.com

Release Summary

BeyondTrust hires Maurice Heiblum as Chief Operating Officer.

Contacts

For BeyondTrust:
Voce Communications for BeyondTrust
Tim Whitman, 617-897-8255
twhitman@vocecomm.com