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Zscaler Appoints Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering

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Zscaler (NASDAQ: ZS) appointed Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering on January 12, 2026.

Kocherlakota, a 30-year technology veteran who previously led AI strategy at a global financial analytics leader, will lead efforts to expand the Zero Trust Exchange™ to secure autonomous, agentic AI workflows. Zscaler says this work targets a new spectrum of advanced threats as AI evolves from chatbots to autonomous agents. The company highlights that its platform is trusted by 45% of the Fortune 500 and intends to accelerate architectural-level protections for human and machine identities.

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Positive

  • Appointed experienced AI leader as EVP for Agentic AI security
  • Plan to expand Zero Trust Exchange to secure agentic workflows
  • Platform trusted by 45% of the Fortune 500

Negative

  • None.

News Market Reaction

+0.10%
1 alert
+0.10% News Effect

On the day this news was published, ZS gained 0.10%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Fortune 500 penetration: 45% of Fortune 500 Executive experience: 30 years
2 metrics
Fortune 500 penetration 45% of Fortune 500 Organizations using Zscaler Zero Trust Exchange
Executive experience 30 years Technology industry experience of Dr. Swamy Kocherlakota

Market Reality Check

Price: $171.00 Vol: Volume 1,568,018 is rough...
normal vol
$171.00 Last Close
Volume Volume 1,568,018 is roughly in line with 20-day average of 1,560,490. normal
Technical Price 216.73 is trading below the 200-day MA at 269.64, indicating a pre-existing longer-term downtrend.

Peers on Argus

ZS was down 1.63% while key peers showed mixed moves: several were negative (e.g...

ZS was down 1.63% while key peers showed mixed moves: several were negative (e.g., one at -1.74%, another at -1.61%) and one major peer rose 1.37%. This mixed pattern, along with no names in the momentum scanner, points to stock-specific dynamics rather than a clean sector-wide trend.

Historical Context

5 past events · Latest: Jan 05 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 05 Executive appointment Positive -0.3% Named a new Chief Marketing Officer to drive global growth and AI focus.
Dec 02 Partner award Positive -0.7% Received 2025 AWS Marketplace Partner of the Year and related awards.
Nov 25 Earnings results Positive +3.4% Reported 26% revenue and ARR growth with strong cash generation and guidance.
Nov 20 Investor conferences Neutral -4.1% Announced participation in several upcoming technology and growth conferences.
Nov 18 Strategic partnership Positive -0.6% Joined Microsoft Entra Agent ID ecosystem to govern AI agents with Zero Trust.
Pattern Detected

Recent history shows several instances where broadly positive corporate news was followed by modest negative price reactions, with only the latest earnings event seeing a clearly positive move.

Recent Company History

Over the last few months, Zscaler has reported strong growth and deepening AI/Zero Trust positioning. On Nov 25, 2025, Q1 FY26 results showed revenue of $788.1M and ARR of $3,204M, with a positive 3.35% price reaction. Other news, including joining the Microsoft Entra Agent ID ecosystem (Nov 18, 2025) and an AWS Partner Award (Dec 2, 2025), drew slightly negative next‑day moves. Another executive appointment on Jan 5, 2026 also saw a small decline. Today’s AI-focused leadership hire fits the ongoing strategy to expand Zero Trust and AI security capabilities.

Market Pulse Summary

This announcement adds a dedicated Executive Vice President for Agentic AI Security Engineering, rei...
Analysis

This announcement adds a dedicated Executive Vice President for Agentic AI Security Engineering, reinforcing Zscaler’s strategy to secure autonomous AI agents and machine identities on its Zero Trust Exchange. It follows earlier AI-focused reports and platform innovations, indicating a sustained emphasis on AI-driven threats and workloads. Investors may watch how this role influences product roadmap, AI stack integration depth, and enterprise adoption, especially given Zscaler’s existing reach across 45% of the Fortune 500.

Key Terms

agentic AI, zero trust, autonomous agents, machine identities
4 terms
agentic AI technical
"AI is evolving from chat bots into autonomous agents that function as both users"
Agentic AI refers to computer systems that can make their own decisions and take actions without needing someone to tell them what to do each time. It's like giving a robot a degree of independence to solve problems or achieve goals on its own, which matters because it could change how we work and interact with technology in everyday life.
zero trust technical
"Under his leadership, we plan to accelerate the expansion of our Zero Trust architecture"
Zero trust is a security approach that assumes no one, whether inside or outside an organization, should be automatically trusted. Instead, every access request is carefully verified before being granted, much like checking ID at every door rather than trusting someone just because they are known. For investors, it emphasizes the importance of protecting digital assets and data from potential breaches, reducing overall risk.
autonomous agents technical
"AI is evolving from chat bots into autonomous agents that function as both users and applications."
Autonomous agents are software programs that carry out tasks and make decisions on their own using predefined rules and data, often improving over time by learning from outcomes; think of them as trusted employees that act without being constantly supervised. Investors care because these agents can boost productivity and cut costs, enable new services or revenue streams, and change competitive dynamics, while also introducing operational, legal and oversight risks that can affect a company's value.
machine identities technical
"expand the expansion of our Zero Trust architecture to secure human and machine identities alike"
Machine identities are the digital credentials—like certificates, cryptographic keys, or tokens—that let software, servers, devices and cloud services prove who they are and communicate securely, much like ID cards or passports for machines. Investors care because failures to manage these identities can lead to outages, data breaches or regulatory fines, which can disrupt operations, damage reputation and create direct financial losses or increased compliance costs.

AI-generated analysis. Not financial advice.

Trusted by 45% of the Fortune 500, Zscaler to accelerate Agentic AI security innovation on the Zero Trust Exchange™, giving organizations confidence to rapidly innovate while blocking advanced cyberthreats

SAN JOSE, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering to address a fundamental shift: AI is evolving from chat bots into autonomous agents that function as both users and applications. This shift breaks legacy security models and introduces a new spectrum of advanced threats. Dr. Kocherlakota will lead Zscaler’s strategy to solve the problem at the architectural level, where traditional vendors attempt to patch these risks with isolated tools.

"Agentic AI is the future of how organizations will work, creating enormous opportunities for automation and scale, but also introducing significant new risks that legacy security tools cannot address," said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. "Swamy brings a unique depth of experience in shaping AI strategies within complex, highly regulated environments. Under his leadership, we plan to accelerate the expansion of our Zero Trust architecture to secure human and machine identities alike, ensuring Zscaler remains the industry's most trusted security platform for the AI era."

A 30-year technology veteran who previously led AI strategy at a global financial analytics leader, Kocherlakota plans to accelerate the expansion of the Zscaler Zero Trust Exchange™, the platform trusted by 45% of the Fortune 500 organizations, to secure agentic workflows. Under his leadership, Zscaler plans to innovate deeper in the AI stack, providing the foundation AI developers and business leaders need to protect against the complex new spectrum of cyberthreats.

"Zscaler defined and pioneered Zero Trust security for users and applications and I believe it’s the only company with the data and architecture required to secure the AI era," said Swamy Kocherlakota, Executive Vice President of Agentic AI Engineering, Zscaler. "I look forward to helping our customers accelerate this transformation, enabling them to empower their business leaders while rigorously protecting their intellectual property, brand, and data."

Follow Zscaler on LinkedIn, Instagram, and X.

Forward-Looking Statements
This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits of the AI Security. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to our ability to successfully execute on AI security. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on November 25, 2025, which is available on our website at ir.zscaler.com and on the SEC's website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

About Zscaler
Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 160 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

Media Contact
Taylor Dunton, Senior Director, Global Public Relations, press@zscaler.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/399a9003-f1d7-443c-99df-b9ab2b1a064b


FAQ

Who is Dr. Swamy Kocherlakota and what role did Zscaler announce on January 12, 2026 (ZS)?

Dr. Swamy Kocherlakota was appointed Executive Vice President of Agentic AI Security Engineering at Zscaler on January 12, 2026.

What will Dr. Kocherlakota lead at Zscaler (ZS)?

He will lead expansion of the Zero Trust Exchange™ to secure autonomous agentic AI workflows and machine identities.

How does Zscaler position its platform in relation to AI threats (ZS)?

Zscaler says its Zero Trust architecture addresses advanced threats from agentic AI and aims to secure both human and machine identities.

What relevant experience does Zscaler cite for its new EVP (ZS)?

The company cites Kocherlakota's 30 years in technology and prior leadership of AI strategy at a global financial analytics firm.

How widely used is Zscaler's platform among large enterprises (ZS)?

Zscaler notes the Zero Trust Exchange is trusted by 45% of the Fortune 500.
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