Centrify, provider of cloud-ready Zero Trust Privilege to secure modern enterprises, announced the company has hired Mark Oldemeyer as its new Chief Financial Officer (CFO). Oldemeyer steps into the role previously held by current Centrify CEO, Tim Steinkopf, and will be responsible for all finance, accounting, facilities, and human resources functions at Centrify.
“Centrify is laser-focused on executing our growth plan in one of the fastest-growing infosecurity markets, Privileged Access Management,” said Steinkopf. “Having an industry veteran with Mark’s experience on board to help lead our company during this next growth phase is incredibly valuable, especially as we look to expand our offerings through targeted acquisitions as well.”
Oldemeyer has more than 20 years of financial management and operational experience, focused primarily within the software industry. He joins Centrify from PowerSchool, the market leader in K-12 education technology solutions, where he also served as CFO during period of significant growth and acquisition activity. Prior to PowerSchool, Oldemeyer previously held senior finance positions with SumTotal Systems, Mentor Graphics, CA Technologies, and Dell Technologies. He earned his MBA from the University of Texas, Austin and Bachelor of Science degree in Managerial Economics from the University of California, Davis and is a licensed CPA (inactive).
“I’m very excited to come on board during this pivotal time for Centrify,” said Oldemeyer. “The company has a unique vision, strong leadership, and a clearly-defined plan based on creating and sustaining value for its customers. I look forward to partnering with Tim and the rest of the team to help Centrify achieve greater results for our employees and investors.”
Centrify continues to be a defining force in protecting against privileged access abuse, as organisations continue their move to the cloud and secure modern attack surfaces like Big Data, DevOps, containers, and more. The company was recently recognized as a Leader in all three of the major market industry research reports for privilege management, and recently received FedRAMP Authorization for its cloud-ready solutions and services.