Centrify Appoints Mark Oldemeyer as Chief Financial Officer

SANTA CLARA, Calif.–(BUSINESS WIRE)–Centrify,
a leading provider of cloud-ready Zero Trust Privilege to secure modern
enterprises, today announced the company has hired Mark Oldemeyer as its
new Chief Financial Officer (CFO). Mr. Oldemeyer steps into the role
previously held by current Centrify CEO, Tim Steinkopf, and will be
responsible for all finance, accounting, facilities, and human resources
functions at Centrify.


“Centrify is laser-focused on executing our growth plan in one of the
fastest-growing infosecurity markets, Privileged Access Management,”
said Steinkopf. “Having an industry veteran with Mark’s experience on
board to help lead our company during this next growth phase is
incredibly valuable, especially as we look to expand our offerings
through targeted acquisitions as well.”

Mr. Oldemeyer has more than 20 years of financial management and
operational experience, focused primarily within the software industry.
He joins Centrify from PowerSchool, the market leader in K-12 education
technology solutions, where he also served as CFO during a period of
significant growth and acquisition activity. Prior to PowerSchool,
Oldemeyer previously held senior finance positions with SumTotal
Systems, Mentor Graphics, CA Technologies, and Dell Technologies. He
earned his MBA from the University of Texas, Austin and Bachelor of
Science degree in Managerial Economics from the University of
California, Davis and is a licensed CPA (inactive).

“I’m very excited to come on board during this pivotal time for
Centrify,” said Oldemeyer. “The company has a unique vision, strong
leadership, and a clearly-defined plan based on creating and sustaining
value for its customers. I look forward to partnering with Tim and the
rest of the team to help Centrify achieve greater results for our
employees and investors.”

Centrify continues to be a defining force in protecting against
privileged access abuse, as organizations continue their move to the
cloud and secure modern attack surfaces like Big Data, DevOps,
containers, and more. The company was recently
recognized as a Leader
in all three of the major market industry
research reports for privilege management, and recently received FedRAMP
Authorization
for its cloud-ready solutions and services.

For more information, visit www.centrify.com/about-us/management/.

About Centrify

Centrify is redefining the legacy approach to Privileged Access
Management by delivering cloud-ready Zero
Trust Privilege
to secure modern enterprise attack surfaces.
Centrify Zero Trust Privilege helps customers grant least privilege
access based on verifying who is requesting access, the context of the
request, and the risk of the access environment. By implementing least
privilege access, Centrify minimizes the attack surface, improves audit
and compliance visibility, and reduces risk, complexity and costs for
the modern, hybrid enterprise. Over half of the Fortune 100, the world’s
largest financial institutions, intelligence agencies, and critical
infrastructure companies, all trust Centrify to stop the leading cause
of breaches – privileged credential abuse.

Centrify is a registered trademark of Centrify Corporation in the United
States and other countries. All other trademarks are the property of
their respective owners.

Contacts

Centrify Contacts:
Brad Shewmake
[email protected]
+1
408-625-4191

Jenny Overell
[email protected]
+1
415-249-6778

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