Newly appointed COO, CPO, CTO and Interim GC to
accelerate Carbonite’s integration of Webroot
Results-driven leadership team to deliver on
vision of a combined data protection and cybersecurity solution for
SMB and mid-market
Carbonite, Inc. (NASDAQ: CARB), a global leader in data
protection and cybersecurity, announced an updated executive
leadership team naming John Post as Chief Operating Officer; Chad
Bacher as Chief Product Officer; Hal Lonas as Chief Technology
Officer; and Scott Semel as Interim General Counsel. The team joins
Anthony Folger, Chief Financial Officer; and Craig Stilwell, Chief
Revenue Officer; reporting to Steve Munford, Interim Chief
Executive Officer and Executive Chairman of the Board. All changes
are effective immediately.
“I am pleased to announce the complete Carbonite executive team;
this combination of proven leaders is the team Carbonite needs to
accelerate our integration with Webroot, move the company forward
and successfully deliver on our plans,” Munford said. “I’ve taken
the time to get to know these leaders and their respective teams
and I am confident that this is the right group of executives to
move the company forward. Every one of these leaders is hyper
focused on meeting the needs of our customers and partners, as well
as creating a unique offering that combines the power of data
protection and cybersecurity into an easy-to-use, integrated
solution for small and medium-sized businesses and the mid-market.
I believe we have the right mix of experience, innovation and drive
to achieve our financial commitments and deliver value for all of
our stakeholders.”
Third Quarter and Full Year 2019 Outlook
The company reiterated its financial guidance for the third
quarter and the full year 2019.
Chief Operating Officer, John Post
Post brings a profound commitment to culture and collaboration
to his role as chief operating officer. He will lead the
integration of Webroot and Carbonite and ensure the combined
culture, process, systems and alignment are in place to drive the
growth strategy moving forward. Post’s initial role at Carbonite
was as general manager of Webroot, driving all aspects of the
Webroot business while working to integrate with Carbonite. Prior
to the Carbonite acquisition, Post was part of the leadership team
that transformed Webroot into one of the leading endpoint providers
for the mid-market. As chief financial officer, he was instrumental
in Webroot’s transformation, building out the operational teams,
process and systems that enabled the shift towards mid-market,
rapid growth and continuous efficiency gains.
Chief Product Officer, Chad Bacher
Bacher brings a focus on vision to his role as chief product
officer. He will oversee all aspects of the product organization,
including product strategy, navigating solutions that fit the needs
of customers today and well into the future. Prior to this role,
Bacher was SVP of product strategy and technology alliances for
Webroot, where he was integral in creating the product vision which
drove the creation of the original next-generation endpoint
solution. His focus on a solution to meet the needs of the SMB and
mid-market catapulted Webroot into its position as a market
leader.
Chief Technology Officer, Hal Lonas
A lifelong technologist and innovator, Lonas brings more than 25
years of experience to his role as chief technology officer for
Carbonite. Lonas will oversee the engineering organization driving
the vision and strategy for technology at the company and ensuring
all technological resources are aligned with business needs.
Previously, Lonas was the chief technology officer at Webroot,
where he led the creation of the first cloud native security
platform. This shift was instrumental in the evolution of Webroot
and how it both created and distributed products. Lonas also is a
well-known innovator in the machine learning space and a champion
of automation in technology.
Interim General Counsel, Scott Semel
Semel will lead the global legal team as interim general
counsel. He is a seasoned general counsel who will ensure the
company’s continued focus on integrity and transparency. Most
recently, Semel was the acting general counsel and senior people
officer for Information Builders, Inc. In the past, he has held
several general counsel roles at public companies including
Intralinks, Inc. and Novell, Inc., where he also led the security
and compliance teams, as well as TeleAtlas, NL (Dutch) and other
public technology companies.
Cautionary Language Concerning Forward-Looking
Statements
Certain matters discussed in this press release have
"forward-looking statements" intended to qualify for the safe
harbor from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements may
generally be identified as such because the context of such
statements will include words such as "anticipate," "believe,"
"could," "estimate," "expect," "intend," "may," "plan,"
"potential," "predict," "project," "should," "will," "would" or
words of similar import. Similarly, statements that describe the
Company's future plans, objectives or goals are also
forward-looking statements. Such forward-looking statements are
subject to risks, uncertainties and other important factors that
could cause actual results and the timing of certain events to
differ materially from future results expressed or implied by such
forward-looking statements. Factors that could cause or contribute
to such differences include, but are not limited to, our ability to
integrate the Webroot acquisition and other acquisitions into our
operations and achieve the expected operational and financial
benefits of such acquisitions and the timing of such benefits, our
ability to profitably attract new customers and retain existing
customers, our dependence on the market for cloud backup services,
our ability to manage growth, changes in economic or regulatory
conditions or other trends affecting the Internet and the
information technology industry, and those discussed in the section
titled "Risk Factors" in our Annual Report on Form 10-K for the
fiscal year ended December 31, 2018 filed with the Securities and
Exchange Commission (the "SEC"), which is available on www.sec.gov,
and elsewhere in any subsequent periodic or current reports filed
by us with the SEC. Except as required by applicable law, we do not
undertake any obligation to update our forward-looking statements
to reflect future events, new information or circumstances.
About Carbonite
Carbonite provides a robust data protection platform for
businesses, including backup, disaster recovery, high availability
and workload migration technology. The Carbonite data protection
platform supports businesses on a global scale with secure cloud
infrastructure. To learn more, visit www.carbonite.com and follow
us on Twitter at @Carbonite.
Carbonite, Inc. serves customers through three brands: Carbonite
data protection, Webroot cybersecurity, and MailStore email
archiving.
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version on businesswire.com: https://www.businesswire.com/news/home/20190904005435/en/
Media Contacts: Kristin Miller Carbonite 720-842-3481
kmiller@carbonite.com
Investor Relations Contact: Jeremiah Sisitsky Carbonite
781-928-0713 investor.relations@carbonite.com
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