February 6, 2024 at 11:25AM
Check Point CEO Gil Shwed will step down after 30 years to focus on the company’s evolution and transition into the role of executive chairman. He highlighted the initiation of the succession process to hire a new CEO and expressed excitement about the company’s technology pipeline and global team. Check Point, co-founded in 1993, has evolved its technology and made strategic acquisitions.
Key Takeaways from Meeting Notes:
– Check Point CEO Gil Shwed is stepping down after 30 years and will transition into the role of executive chairman to focus on the company’s evolution and future.
– The company is initiating the succession process to hire a new CEO to replace Shwed.
– Shwed expressed excitement for the company’s technology pipeline and a global team ready to deliver a secure future for customers.
– Check Point was co-founded in 1993 by Shwed, Marius Nacht, and Shlomo Kramer, with its initial technology based on stateful inspection.
– The company introduced its software blade architecture in 2009 and has made strategic acquisitions, including the purchase of security service edge vendor Perimeter 81 in 2023.