Grady Summers has been named chief executive officer of Frisco-based cybersecurity provider Netwrix, succeeding Steve Dickson, who led the company through record growth during his six-year tenure.
Summers brings more than 25 years of product, technology, and business leadership experience to Netwrix, the company said, adding that Dickson will remain on its board while devoting his time to strategic investment opportunities.
“It’s been an honor to drive Netwrix’s business forward by hiring and working with a truly amazing and talented group of people,” Dickson said in a statement. “I’m pleased with the progress we have made in terms of expanding our portfolio to help our customers be more secure today than they were yesterday, by growing our commitment to our partners around the globe, and by focusing on future technologies that will be the answer for securing every organization’s sensitive data.”
As the EVP of products at SailPoint, Summers helped drive that company’s SaaS transformation, product line expansion, and rapid ARR growth. Before SailPoint, Summers held senior leadership roles at cybersecurity firm FireEye/Mandiant. Previously, he was a principal at Ernst & Young and chief information security officer at General Electric.
“I am thrilled to be joining Netwrix at such an exciting time in its journey,” Summers said in a statement. “Steve has done a phenomenal job growing Netwrix from a one-product cybersecurity business focused on audit and compliance into a vibrant and dynamic global provider of cybersecurity solutions. I look forward to building on his legacy.”
Under Dickson’s leadership, Netwrix said, the company achieved significant growth and value creation.
Since joining the Netwrix board in 2017 and becoming CEO in 2018, Dickson expanded the portfolio organically and through 12 acquisitions from one to more than 15 product families, leading to a 23x growth in annual recurring revenue, the company said.
Also under Dickson’s leadership, Netwrix said it expanded the number of organizations that use its products and quadrupled its global headcount with personnel in more than 35 countries. Dickson also led Netwrix through two successful “value-creation” events, the company said.
Netwrix said its cybersecurity solutions safeguard data, identities, and infrastructure, reducing both the risk and impact of a breach for more than 13,500 organizations in more than 100 countries.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
When Dallas-based LevelBlue spun out from AT&T Cybersecurity in May, it wasn't your typical startup. As Bob McCullen, LevelBlue's chairman and CEO, told IT industry publication CRN, the new company launched as one of the largest startups in the cybersecurity industry to date.
-
With bootstrap funding of less than $500,000 and a passion for vinyl, Rogers Healy and his co-founders at Tuned In Grading revolutionized music collectible authentication. Now, the beat goes on as the company prepares to merge with Steve Aoki's Audio Media Grading
-
SMU's Klyne Smith, with over 30 years of experience in IT and telecommunications at companies like IBM, Caesars Entertainment, and Ericsson, will use his industry insights to explore quantum-safe communication solutions for military applications.
-
Data Axle said that Andrew Frawley will play a key role in advancing its position as a leading provider of B2B and B2C data and real-time business intelligence solutions for enterprise, small business, and nonprofit organizations.
-
Tammy Soares brings over 25 years of experience to her new post and a career journey fueled by her fascination with technology's innate ability to make the impossible possible, NTT Data said.
