Industrial cybersecurity solutions provider Claroty announced on Monday that it has named Yaniv Vardi as the company’s chief executive.
Vardi, Claroty says, is a veteran with more than two decades of leadership experience in the industrial solutions industry. The company appointed him CEO “based on his proven and repeatable success, companies growing significantly from startups to mature, profitable enterprises in the industrial space.”
Vardi takes over from Thorsten Freitag who was announced in October 2019 as CEO. Claroty told that Freitag is leaving the company.
“[Freitag] did a wonderful job at Claroty during his tenure and we wish him nothing but the best in his future endeavours. However, our board of directors and investors are always looking to hire a winning team and although replacing a CEO is always a difficult decision, a strong board is not afraid to make bold decisions to do what is best for the long-term growth of the company, “a Claroty spokeswoman said.
Vardi previously worked as Managing Director at quality management company Sparta Systems Europe, CEO of energy management solutions provider Panoramic Power and managing director at energy solutions company Centrica Business Solutions, according to his LinkedIn profile. He will be located in New York City, at Claroty ‘s headquarters.
“After a long journey leading various solutions for the industrial area, I joined Claroty because I sincerely believe we will lead the way in the OT protection market with our expertise, partners, and investors,” Vardi said. “The Claroty Platform offers the widest set of security controls and unrivaled coverage of OT protocols, and the company itself has some of the best talent in both the cybersecurity and OT security industry. I ‘m excited to lead this very talented and unique team, continue building on and expanding our already established vision, and firmly secure Claroty’s position as the market leader in OT security.
Claroty provides a platform marketed as a complete OT security solution which includes continuous threat detection, safe remote access, and console products for enterprise management.
The business emerged in 2016 from stealth mode, and has raised nearly $100 million in funding to date.