Technology-industry veteran to serve as chairman of company's audit committee
Santa Clara, CA , August 08, 2011
Palo Alto Networks, the network security company, today announced the appointment of Chuck Robel to the Palo Alto Networks Board of Directors. A 26-year veteran of PricewaterhouseCoopers, Robel brings a wide range of experience in finance, corporate governance, accounting, mergers and acquisitions as well as technology strategy to the board.
Robel brings nearly 40 years of relevant experience to his role as board member of Palo Alto Networks. He is currently a private investor in early- and late-stage technology startups. Most recently, Chuck served as Chairman of the Board of McAfee Inc.—the world's largest dedicated security technology company—from 2006 until its $8 billion sale to Intel Corporation in February 2011.
"We are very pleased to welcome Chuck Robel to the Palo Alto Networks Board of Directors," said Michael Lehman, CFO and member of the Office of the CEO at Palo Alto Networks. "Chuck brings to the table an extraordinary mix of financial and security industry expertise, which will be instrumental as we successfully guide the company on through its next major milestones."
"I am delighted to join the Board of Palo Alto Networks at a time when its growth continues to be unmatched in the industry," says Chuck Robel, Board Member. "I look forward to actively participating in the long-term strategy for Palo Alto Networks to become the independent leader in network security."
Robel also served as a general partner and chief operating officer at Hummer Winblad Venture Partners, a venture capital fund focused on early stage software company investments, from 2000 to 2005.
About Palo Alto Networks
Palo Alto Networks™ is the network security company. Its next-generation firewalls enable unprecedented visibility and granular policy control of applications and content – by user, not just IP address – at up to 20Gbps with no performance degradation. Based on patent-pending App-ID™ technology, Palo Alto Networks firewalls accurately identify and control applications – regardless of port, protocol, evasive tactic or SSL encryption – and scan content to stop threats and prevent data leakage. Enterprises can for the first time embrace Web 2.0 and maintain complete visibility and control, while significantly reducing total cost of ownership through device consolidation. Most recently, Palo Alto Networks has enabled enterprises to extend protection over all types of traffic, applications, and threats to remote users with the release of GlobalProtect™. For more information, visit www.paloaltonetworks.com.
Palo Alto Networks, "The Network Security Company," the Palo Alto Networks Logo and App-ID are trademarks of Palo Alto Networks, Inc. in the United States. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners.