Crossbeam Systems Names Michael Ruffolo President and CEO
Seasoned CEO Brings Extensive Operational, Sales and Technology Expertise; Crossbeam Poised For Next Stage of Growth as Network Security Leader
BOXBOROUGH, Mass. – March 9, 2010 – Crossbeam Systems, Inc., the leading provider of next-generation security platforms for high-performance networks, today announced the appointment of Michael Ruffolo as president and chief executive officer (CEO).
“Mike’s broad executive leadership background, as well as his deep security and software experience, make him an excellent fit to lead Crossbeam,” said Arthur W. Coviello, Jr., president, RSA Security Division of EMC, and lead independent director of Crossbeam’s Board of Directors. “His proven track record at market-leading technology companies and his strong leadership skills will accelerate Crossbeam’s growth and success.”
Ruffolo brings more than 25 years of experience in global sales and marketing, professional services, operations and information technology management. Prior to Crossbeam, he was chairman, CEO and president of Liquid Machines, a pioneer and leader in the Enterprise Rights Management market. He previously served as chief operating officer of Akamai Technologies, where he drove double-digit revenue growth while dramatically improving financial and operating results. Prior to Akamai, he was the executive vice president of global sales, services and marketing at EMC Corporation, where he drove over $8.5 billion in revenue. Ruffolo also served as president of Document Solutions Group at Xerox Corporation and vice president and chief information officer at NCR Corporation. Ruffolo has been an independent director on both public and private company boards and currently serves on the Board of Directors at Internap Network Services in Atlanta.
“Crossbeam holds a unique, market-leading position as an open platform for best-in-class, third-party network security solutions. More importantly, Crossbeam has an impressive customer list that includes a large base of blue-chip enterprises and 10 of the top 11 telecommunications providers in the world—compelling evidence of customers’ confidence in the company’s products and technology,” said Ruffolo. “The company is well-positioned for its next phase of growth as the network security leader. I look forward to working with the entire Crossbeam team.”
Crossbeam Systems®, Inc. offers a proven approach to deploying network security that meets the extreme performance, scalability and reliability demands of large enterprises, service providers and government agencies. Its leading X-Series security platform offers an open, high-performance architecture that easily provisions and scales multiple best-in-class security applications to meet the ever-changing threat landscape. Companies rely on Crossbeam to intelligently manage risk, accelerate and maintain compliance, and protect their businesses from evolving threats. Crossbeam is headquartered in Boxborough, Mass., and has offices in Europe, Latin America and Asia Pacific. More information is available at www.crossbeam.com.
Crossbeam Systems and Crossbeam are registered trademarks of Crossbeam Systems, Inc. All other company, product or service names not owned by Crossbeam mentioned in this press release are the property of their respective owners.
Davies Murphy Group