Late last year, it was revealed that 18,000 SolarWinds customers, including US government departments and high-profile businesses, had installed a malicious backdoor inserted by Russian state hackers as part of a significant security breach. Thompson’s financial and business expertise and his daily insight into corporate matters as principal executive officer of the Company make him well-qualified to serve as a Director.High level executives at SolarWinds have blamed the company’s “solarwinds123” password on an intern, following a major breach at the network software company which exposed several US government agencies and Fortune 500 businesses. He also serves on the board of directors of NetSuite, Inc. Thompson served as Executive Vice President and Chief Financial Officer of Red Hat, Inc., a publicly-traded enterprise software company. Thompson was Chief Financial Officer of Surgient, Inc., a software company, from November 2005 until March 2006 and was Senior Vice President and Chief Financial Officer at SAS Institute, a privately-held business intelligence software company, from August 2004 until November 2005. He previously served as our Chief Financial Officer and Treasurer from July 2006 to March 2010 and our Chief Operating Officer from July 2007 to March 2010. He has served as our President since January 2009 and our Chief Executive Officer since March 2010. Thompson is our President and Chief Executive Officer.
The fact that Kevin Thompson’s successor is brought in from outside suggests that the board may seek to stimulate change with fresh ideas and new initiatives. Kevin Thompson’s duties as CEO will be taken over by Sudhakar Ramakrishna, most recently Chief Executive Officer of Pulse Secure, LLC.
Thompson leaves his post as chief executive officer of the provider of IT management software after almost 11 years in the role, effective December 31, 2020. in a news release and in a regulatory filing published on Wednesday, December 9, 2020, Kevin B. Austin, Texas, DecemKevin Thompson, chief executive of SolarWinds, leaves.
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