Zscaler Appoints Security Industry Veteran Adam Geller as Chief Product Officer to Scale Cloud Security Leader to $5 Billion ARR and Beyond

Rhea-AI Summary

Zscaler, Inc. (NASDAQ: ZS) has announced the appointment of Adam Geller as Chief Product Officer to drive the company's next phase of innovation and growth. With over 25 years of experience in cybersecurity, Geller brings extensive product and engineering expertise to Zscaler. CEO Jay Chaudhry expressed excitement about Geller joining the team, highlighting his integral role in Exabeam's growth and his experience in developing cloud-scale security operations platforms.

Geller's background includes leadership positions at Exabeam, Palo Alto Networks, and NTT Communications. He has a strong track record in understanding customer challenges and delivering innovative solutions. In his new role, Geller aims to grow Zscaler beyond $5 billion in ARR through current and future product offerings powered by AI & ML. He emphasized Zscaler's unique position at the intersection of users, devices, and applications, which provides valuable insights into identity, behavior, and intent.

Positive

• Appointment of experienced cybersecurity veteran Adam Geller as Chief Product Officer
• Goal to scale and accelerate innovation and growth
• Aim to grow beyond $5 billion in Annual Recurring Revenue (ARR)
• Focus on AI-driven security operations platform development
• Access to large dataset from billions of daily transactions for improved service delivery

Negative

• None.

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) --  Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of Adam Geller as Chief Product Officer to scale and accelerate the company’s next phase of innovation and growth.

“I am truly excited to have Adam join us as we expand Zscaler’s product suite to support our rapidly growing business and customer base,” said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. “Adam was an integral part of the growth at Exabeam as CEO and prior to that as the Chief Product Officer he drove the development of their cloud-scale security operations platform. His extensive and proven security product and engineering experience will be invaluable to Zscaler as we build our AI-driven security operations platform. Adam brings deep product experience supported by strong customer engagement with enterprises, key for our next phase of growth.”

Mr. Geller has over 25 years of product and engineering experience across multiple domains of cybersecurity. Prior to his time focusing on SIEM and security operations at Exabeam, he launched and grew multiple product lines for Palo Alto Networks focusing on virtualization and cloud. Earlier, Mr. Geller built managed security services for global IT provider NTT Communications and focused on identity and authentication for VeriSign/Symantec. His deep commitment to understanding customer challenges and delivering innovative solutions has its roots in his earliest jobs delivering pre-sales and post-sales security assessments, product implementation, and managed security services.

“Zscaler has consistently proven that it secures, simplifies, and transforms businesses who adopt its amazing platform," said Mr. Geller. “I am thrilled to take on the opportunity to grow Zscaler beyond $5B in ARR through our current and future product offerings powered by AI & ML. Zscaler sits at the confluence of users, devices, and applications and this offers unparalleled insights into identity, behavior, and intent. With access to one of the largest and richest datasets from billions of transactions, alerts, and context per day, we are able to deliver services that solve our customer’s IT challenges and give them the confidence they need to digitally transform their businesses.”

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 potential impact of the executive appointments to Zscaler's future recurring revenue and ability to grow and scale. 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.

Additional risks and uncertainties are set forth in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on September 14, 2023, 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 protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.  

Zscaler™, Zscaler Zero Trust Exchange™, Zscaler Internet Access™, and Zscaler Private Access™, ZIA™, and ZPA™ and Zscaler B2B™ are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

Media Contact
Natalia Wodecki
press@zscaler.com

Investor Relations Contact
Ashwin Kesireddy
ir@zscaler.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dfd9d69d-6ab6-45f5-84a3-b08ac39c17aa

FAQ

Who is the new Chief Product Officer of Zscaler (ZS)?

Adam Geller has been appointed as the new Chief Product Officer of Zscaler (ZS).

What is Zscaler's (ZS) goal for Annual Recurring Revenue (ARR)?

Zscaler (ZS) aims to grow beyond $5 billion in Annual Recurring Revenue (ARR) through current and future product offerings.

What is Zscaler (ZS) focusing on for its next phase of growth?

Zscaler (ZS) is focusing on developing an AI-driven security operations platform and expanding its product suite to support its growing business and customer base.

What is Adam Geller's background before joining Zscaler (ZS)?

Adam Geller has over 25 years of experience in cybersecurity, including roles as CEO and Chief Product Officer at Exabeam, and product development positions at Palo Alto Networks and NTT Communications.