Matthew Brown appointed CFO as Tenable reshuffles top team

Tenable has named Matthew Brown as its new Chief Financial Officer, with immediate effect.

Brown replaces Steve Vintz, who has recently taken on the role of Co-Chief Executive Officer at Tenable alongside Mark Thurmond. The company has positioned the appointment as part of its ongoing executive transition.

Finance leadership

Brown brings more than twenty years of experience in technology sector finance to the role. Prior to joining Tenable, he was Chief Financial Officer at Altair Engineering, where he contributed to the business's strategic direction and was involved in its acquisition by Siemens, a deal valued at USD $10.7 billion.

During his tenure at Altair, Brown was credited with supporting consistent double-digit software revenue growth and margin expansion. His resume also includes senior finance positions at NortonLifeLock, Symantec, Blue Coat, Brocade, NETGEAR, and KPMG. His core areas of expertise range across strategic planning, mergers and acquisitions, investor relations, and operational management.

Executive quotes

Bearing on the appointment, Steve Vintz, now Co-CEO at Tenable, outlined the company's rationale:

"Matt brings a proven track record of scaling global technology businesses, delivering operational efficiency, and driving shareholder value. His strategic mindset, deep financial expertise, and collaborative leadership style make him the ideal partner to help Tenable accelerate growth and achieve our long-term vision."

Brown also commented on his new role with the organisation, expressing his enthusiasm and aims for the future:

"Tenable is in a prime position to lead the future of exposure management, and I couldn't be more excited to join this remarkable team. The opportunity to pair Tenable's market leadership with bold financial strategy is incredibly energising, and I'm ready to help propel the company to its next chapter of growth."

Professional background

Matthew Brown holds a Bachelor of Science in Business Administration from the Haas School of Business at the University of California, Berkeley. He is licensed as a Certified Public Accountant in California.

Company changes

The announcement comes as Tenable undertakes wider changes in its senior management, with former Chief Financial Officer Steve Vintz stepping into a joint Chief Executive Officer capacity. This move places Brown at the centre of Tenable's financial and operational strategy as the company seeks to expand its position in exposure management and cybersecurity services.

Tenable reports that its platform provides security insight and action across different technological domains, serving around 44,000 clients worldwide. The company emphasises its focus on addressing cybersecurity gaps and reducing business risk, amid a globally competitive and rapidly evolving environment.

Forward-looking statements

The company notes that the appointment includes certain forward-looking statements relating to the likely effects of Brown's appointment, the anticipated progress of future operations, and the business's ongoing strategies. These statements, which are not solely descriptions of historical facts, reflect Tenable's current outlook but are subject to factors and risks beyond management's control. Tenable has outlined these risks in public filings, as is standard for such corporate announcements, and recognises that new risks can emerge with changes in leadership and market conditions.

Tenable does not commit to updating statements about future events or conditions except as required by law. The company maintains that, while management assesses and plans for opportunities and risks, actual outcomes may differ materially from those discussed in forward-looking communications.