Blue Coat Systems names new president and CEO
Gregory Clark will expand vendor’s innovations in Web security and WAN optimisation
Blue Coat Systems, a provider of Web security and WAN optimisation solutions, has named Gregory S. Clark as the new president and chief executive officer, and member of the board of directors, effective September 15, 2011.
Clark will succeed Michael J. Borman, who has departed as president and chief executive officer and as a director.
Clark most recently was president and chief executive officer of Mincom, an enterprise software company that was acquired in July by the ABB Group, a provider of automation and power technologies. Under his leadership, Mincom successfully enhanced its enterprise software offerings with cloud-based solutions, and improved its financial results and shareholder value.
"Greg is a proven leader with a track record of driving growth and shareholder value," said David W. Hanna, chairman of the board of Blue Coat. "Greg has the right combination of technical depth, market insight and managerial skills to enable Blue Coat to capitalise on its strong franchise in Web security and WAN optimisation."
"I am looking forward to joining Blue Coat and leading the team to expand Blue Coat's market leadership," said Clark. "It is a great company with a long heritage of innovation, a terrific portfolio of assets and an impressive customer base."
Prior to joining Mincom, Clark was chief executive officer of E2open, a developer of cloud-based supply chain applications. Earlier in this career he founded the security software firm, Dascom, Inc., which was acquired by IBM in 1999. Following that acquisition the Dascom software became the basis of its Tivoli security product line, and Clark served as the IBM distinguished engineer responsible for security technology and a vice president at Tivoli Systems. He has also held senior technical and management positions at AT&T UNIX System Laboratories and Stallion Technologies.