Sophos, a global leader in innovative security solutions that combat cyber attacks, has announced the appointment of Joe Levy as its new CEO. Levy, who has been serving as interim CEO since February 15, has the mission of guiding Sophos’ future strategy. In this context, he has appointed Jim Dildine as the new CFO of the company and a member of its executive team.
Levy brings nearly 30 years of experience in innovation and leadership in product, service, and cybersecurity company development. During his nine years at Sophos, he has been a key figure in the transformation of the company from a product-only provider to a global cybersecurity giant. Today, Sophos has an incident response team and a managed detection and response (MDR) service that defends over 21,000 businesses worldwide. Additionally, Levy was instrumental in creating SophosAI and Sophos X-Ops, a threat intelligence operational unit that integrates over 500 cybersecurity experts.
Levy plans to expand Sophos’ customer base in the midmarket, which currently includes nearly 600,000 clients worldwide and generates over $1.2 billion in annual revenue. As a leading provider of cybersecurity solutions for the midmarket, Sophos has a unique capability to help businesses defend against opportunistic and targeted cyber attacks. This segment, largely composed of SMEs, is crucial for the global economy and highly susceptible to cyber attacks.
“When midmarket companies are paralyzed due to cyber attacks, supply chains are also affected, slowing down our economy,” Levy states. “Our goal is to help these companies better detect and disrupt inevitable cyber attacks, working with MSPs and channel partners to scale our innovative technologies and managed services.”
Levy’s leadership strategy includes the addition of Jim Dildine as CFO to drive Sophos on its growth trajectory. Dildine, with extensive experience in the cybersecurity sector and a strong operational track record, joins Sophos from Imperva, where he served as CFO for over four years. Prior to Imperva, Dildine was the CFO of Symantec’s $2.5 billion enterprise security business unit.
“It’s exciting to join Sophos at this pivotal moment,” Dildine expresses. “I look forward to helping Joe accelerate growth and continue positioning Sophos as a sector leader.”
Chip Virnig, Thoma Bravo partner and Sophos board member, adds: “We have worked with Joe and Jim at several companies for over a decade, and we are confident that their combined experience will bring great success for the future of Sophos.”
With these appointments and defined strategy, Sophos is poised to continue leading the cybersecurity market and offer advanced solutions that protect businesses from growing cyber threats.