Barracuda Names Rohit Ghai as New CEO, Replacing Hatem Naguib
▼ Summary
– Hatem Naguib is stepping down as CEO of Barracuda after a tenure that began in 2021 and included roles as COO and General Manager.
– Under Naguib’s leadership, Barracuda achieved record revenue and launched the AI-powered BarracudaONE platform.
– Rohit Ghai, a new CEO with over 20 years of executive experience at companies like RSA and Symantec, is replacing Naguib.
– Ghai will also join Barracuda’s board of directors, adding to his current board positions at Pegasystems, D-Wave Systems, and MHC Software.
– Both leaders expressed confidence in the transition, with Naguib endorsing Ghai’s vision to accelerate the company’s business momentum.
Barracuda has announced a significant leadership transition, naming Rohit Ghai as its new Chief Executive Officer, succeeding Hatem Naguib. This strategic move positions the cybersecurity firm for its next phase of growth, leveraging Ghai’s extensive background in scaling global technology operations. The change in leadership reflects the company’s commitment to maintaining its market-leading trajectory and accelerating innovation in an increasingly complex threat landscape.
Hatem Naguib, who has served as CEO since 2021, leaves behind a legacy of substantial achievement. His tenure, which also included roles as Chief Operating Officer and Senior Vice President, saw the company reach new heights. Under his guidance, Barracuda launched its AI-powered BarracudaONE cybersecurity platform, significantly expanded its product portfolio, and strengthened relationships across its partner and customer networks. These initiatives were instrumental in driving the company to record-breaking revenue and profitability, cementing its status as an industry frontrunner.
Stepping into the role, Rohit Ghai brings over twenty years of executive experience from some of the most prominent names in cybersecurity and SaaS. His career includes leadership positions at RSA, EMC, Symantec, and CA Technologies. Ghai is widely recognized for his strategic vision and deep industry expertise, having a proven track record of fostering innovation, managing worldwide business operations, and delivering exceptional market growth. His appointment is seen as a clear signal of Barracuda’s ambitious plans for future expansion.
“I’m honoured to join Barracuda at such a dynamic inflection point in its evolution,” Ghai commented. “The company stands at the intersection of innovation and impact, with a strong foundation and a bold vision for the future. Barracuda’s commitment to delivering industry-leading solutions and its relentless focus on partner and customer success make it a world-class organisation. I am grateful to the board for placing their trust in me and am excited about the opportunity to accelerate Barracuda’s business momentum.”
Reflecting on his departure, Naguib expressed pride in the team’s accomplishments. “Leading Barracuda through a period of extraordinary transformation has been one of the most rewarding experiences of my career. I’m incredibly proud of what we’ve achieved together – from scaling the business and earning the trust of partners and customers worldwide, to fostering a culture defined by innovation and resilience. As I pass the baton to Rohit, I do so with full confidence in his ability to lead Barracuda into its next era. His strategic vision, deep industry expertise and passion for cybersecurity make him the ideal leader to accelerate our momentum even further.”
In his new capacity, Ghai will also take a seat on Barracuda’s board of directors. His board experience is extensive, including current positions with Pegasystems, D-Wave Systems, and MHC Software, along with previous service on the board of Everbridge. This background underscores his commitment to advancing technology and security across multiple sectors.
Barracuda is a globally recognized cybersecurity provider dedicated to protecting businesses of all sizes from sophisticated digital threats. Its comprehensive, AI-driven BarracudaONE platform offers robust security for email, data, applications, and networks. The solution combines innovative technology with managed XDR services and a centralized management dashboard, designed to maximize protection and enhance cyber resilience. Trusted by hundreds of thousands of IT professionals and managed service providers around the world, Barracuda is known for delivering powerful, easy-to-use security defenses.
(Source: ITWire Australia)
