A highly experienced manager, he has already held the role of interim CEO in the company
Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of highly innovative cloud-based IT security and compliance solutions, announced that its board of directors has appointed Sumedh Thakar as President and Chief Executive Officer. Sumedh, a veteran executive and Chief Product Officer at Qualys, previously served as interim CEO.
"After careful consideration, the board of directors agreed that Sumedh is the right leader to lead Qualys going forward. Given his long tenure with the company and his strong direction since he took on the role of interim CEO in February, we are confident that he will be able to best support the company in pursuing our vision," he said Sandra E. Bergeron, Lead Independent Director of Qualys. “By appointing him as CEO, we have the unique opportunity to leverage his deep knowledge of the company and the market to grow with speed and agility.”
Sumedh has been at Qualys for around 20 years, where he started as a software engineer and then took on numerous other positions. In 2014, he assumed the role of Chief Product Officer, overseeing product strategies and leading the transformation of the Qualys Cloud Platform from a single security solution to a full suite of constantly evolving integrated applications. The Qualys Cloud Platform offers the 360-degree visibility across on-premises and mobile environments, endpoints, clouds and containers that businesses today need to evaluate critical security information and automate the full spectrum of audit, compliance and protection activities for IT systems and web applications. Serving as President since 2019, Sumedh has been focused on expanding Qualys' go-to-market strategy, ensuring the right momentum for sales and partner teams to expand Qualys' addressable market, driving customer loyalty and revenue growth.
"I have been fortunate to be part of Qualys' innovation journey since the beginning, when the company introduced one of the first cloud-based security solutions. Since then, we have made great progress, expanding our cloud platform to meet the security and compliance needs of modern IT infrastructure," he said Thakar. "I thank the Qualys board of directors and am thrilled to have the opportunity to lead the company's growth and collaborate with such a talented global team. The goal is to continue to accelerate the innovation process, improving our go-to-market strategy and creating value for our customers and shareholders."
