Manuel Rivelo named F5 Networks CEO
Longtime leader and current CEO John McAdam to take expanded board role
Networking vendor F5 Networks, has announced that Manny Rivelo has been named the company's president and CEO, and a member of F5's Board of Directors effective from July 1, 2015.
Previously, Rivelo served as F5's executive vice president, Strategic Solutions. He succeeds longtime CEO, John McAdam, who assumes the role of board chairman upon his retirement on July 1, 2015.
F5 also revealed that Al Higginson, who has been on the F5 Board of Directors since 1996 and served as Board chairman since 2004, will remain on F5's Board as lead independent director, also effective July 1, 2015.
Under McAdam's leadership, F5 networks has grown to over $1.7bn in annual revenue while revolutionising how applications are deployed, managed and secured.
"My time as CEO has been very rewarding both professionally and personally, and I want to thank all the F5 employees, past and present, who have contributed to making F5 an industry leader and a great place to grow your career," McAdam said. "As I transition to my new role as chairman of the Board, I am excited about the future of F5 and confident that the company will be in good hands with Manny at the helm."
During his time at F5 Networks, Rivelo has been responsible for the company's strategic development, product management, and global marketing strategy. He has expanded F5 beyond its data centre roots to include a robust hybrid offering with scale-out virtual editions, born-in-the-cloud solutions and as a service offerings complementing its market-leading purpose-built hardware.
"Over the past decade F5 has established itself as the leading provider of services to ensure that applications delivered over IP networks are fast, secure and available to anyone, anywhere, any time," Rivelo said. "This is an exciting time to be at F5, and I look forward to working with the company's executive staff and the rest of the F5 team to extend our leadership, expand our addressable market, and build on the company's long history of success."
Prior to joining F5 in October 2011, Rivelo was senior vice president, Engineering Systems and Operations, Cisco Systems Inc.