New CEO appointed for Riverbed
Paul Mountford to take on CEO role from Jerry M Kennelly
Riverbed Technology has appointed Paul Mountford as CEO to replace retiring CEO Jerry M. Kennelly.
Mountford is being promoted after four years with Riverbed as SVP and Chief Sales Officer. Prior to Riverbed, Mountford was CEO of Sentillian, a New York-based web intelligence startup focused on monitoring publicly shared content. Mountford also spent 16 years at Cisco in senior leadership roles,
Kennelly is retiring after serving as CEO since co-founding Riverbed in 2002.
"I'm extremely proud of what our team has built at Riverbed the last 16 years, growing from a start-up to a billion-dollar company serving 30,000 customers and every Forbes Global 100 company," said Kennelly. "Riverbed is experiencing significant market momentum in today's digital world, and I've never been more confident about the future of our company and opportunities ahead. After 40+ years in the tech industry, and with Riverbed in a strong position, the time is right for me to retire and hand the reins over to a proven leader in Paul Mountford. Paul has the experience, leadership capabilities, customer-focus, and passion to lead Riverbed through the next phase of growth while continuing to surpass our customers' expectations."
"On behalf of the Board of Directors, I want to thank Jerry for his leadership, numerous accomplishments, and dedication over the past 16 years, as well as for setting the foundation and culture at Riverbed for a bright future," said Orlando Bravo, Riverbed board member and a managing partner at Thoma Bravo. "The Board is also very pleased to welcome Paul as Riverbed's next CEO. Paul is moving into the role of CEO at a significant time; when businesses of all types are seeking to digitize, thereby requiring the next-gen IT architecture that Riverbed is uniquely positioned to provide. Paul is a strong leader with 30 years of experience running large organizations in the technology and infrastructure markets, and he has demonstrated the ability to drive strategy and vision, inspire high-performing teams, and deliver impactful results that benefit customers, partners, and shareholders."
"Riverbed is an incredible company with a history of driving disruptive innovation in the market, and I'm honoured to lead this team as the next CEO," said Paul Mountford, CEO, Riverbed Technology. "We have an extraordinary opportunity in front of us to lead businesses forward as they modernize their IT architecture to take full advantage of cloud and mobile technologies and accelerate their digital strategies. Jerry has created a fantastic culture at Riverbed built on collaboration, customer-centricity, innovation, and community, and I look forward to further building on this culture with the thousands of employees and partners we have around the world."