Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

12/19/2012
07:22 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Akamai Announces Leadership Changes

Tom Leighton, Akamai co-founder, to become CEO effective Jan. 1, 2013

CAMBRIDGE, MA – December 17, 2012 – Akamai Technologies, Inc. (NASDAQ: AKAM) today announced that the Akamai Board of Directors has elected company Co-Founder and Chief Scientist, Dr. Tom Leighton to become CEO of Akamai effective January 1, 2013. He will succeed Paul Sagan who announced earlier this year that he intended to step down as chief executive by the end of 2013. Dr. Leighton and Mr. Sagan will remain Akamai directors, and Mr. Sagan will become a senior advisor to the company, working with Dr. Leighton on business strategy and to ensure a smooth management transition.

The company also announced today that it will host an investor summit at the Boston Marriott Cambridge on Wednesday, March 11, 2013, for Akamai management to present key company priorities, product roadmaps and insights into major IT trends related to security, cloud computing, mobile, video, and big data.

Since co-founding Akamai in 1998, Dr. Leighton has been responsible for Akamai's technology vision and has been one of the principal architects of the company's strategic direction while serving as Chief Scientist, as a member of Akamai's senior executive team, and on the Board of Directors. Dr. Leighton is a renowned Internet technologist and has been a key driver of Akamai's transformation from Internet startup to leading cloud infrastructure services platform. He has played a major role in charting the course for many of Akamai's key product innovations, strategic accomplishments, and technological breakthroughs, from site and application acceleration to Web security and cloud infrastructure services.

"Akamai is extremely fortunate to have such an outstanding executive with Tom's business and technology experience to lead Akamai's next phase of growth," said Mr. Sagan. "He is an innovator with a deep understanding of the shifting landscape in public and private clouds, distributed computing platforms, and Internet security. Tom has earned the trust and respect of our customers, partners, employees, and shareholders through his hard work and vision over the past 14 years. He is supported by a highly experienced management team, and I join in the Board's unanimous support and confidence in Tom's ability to continue driving Akamai forward."

"We've made tremendous progress building Akamai by developing innovative cloud infrastructure services while continuing to grow our content delivery services," said Dr. Leighton. "I am proud of what we have accomplished as a team, but I'm even more excited about the opportunities that lie ahead, driven by the pervasive use of the Internet in today's hyperconnected world. Akamai is extremely well positioned to offer innovative new solutions on our unique Intelligent Platform that are designed to help our customers succeed by harnessing the power of cloud computing, mobile solutions, online video, and big data, all while protecting their business from the increasing threat of cyber attacks."

The company announced in April that it was starting an independent director-led search to name a new CEO to succeed Mr. Sagan, who has served as CEO since 2005. Under Mr. Sagan's leadership, the company surpassed $1 billion dollars in annual revenue, completed numerous strategic acquisitions, and emerged as a leader in Internet performance and cloud infrastructure services. "Working with Paul for more than a decade has been a tremendous experience," said Dr. Leighton, "and I look forward to continuing to collaborate closely with him in the future."

"When we began evaluating our options for the next CEO of Akamai, our objective was simply to have the best possible leadership team in place for continued growth and innovation in the years ahead, and that's what we're doing with Tom's appointment," explained Martin Coyne II, Lead Director of Akamai's Board. "We conducted an exhaustive review of the company's strategy and opportunities as we evaluated a broad range of potential candidates. We are confident that naming Tom is the best and most natural evolution of management responsibility at Akamai."

George H. Conrades, Chairman of the Akamai Board, added, "Innovation has been fundamental to Akamai's success from the beginning and will be even more so in the future. Tom has led Akamai's focus on innovation since day one, working directly with customers and partners on breakthrough technologies for leveraging the power of distributed computing. As a Board, we are excited about Akamai's prospects for delivering even greater customer value under Tom's leadership. We also are extremely grateful for Paul's outstanding contributions to Akamai's success and his sterling record of accomplishment that built Akamai into an S&P 500 company. We are delighted that he will continue in an active role supporting Tom and the entire leadership team."

Prior to founding Akamai, Dr. Leighton was a Professor of Applied Mathematics at MIT and a member of MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL). Dr. Leighton holds numerous patents involving content delivery, Internet protocols, network algorithms, distributed computing, cryptography, and digital rights management. From 2003 to 2005, Dr. Leighton served on the President's Information Technology Advisory Committee (PITAC), during which time he chaired the Subcommittee on Cybersecurity. Dr. Leighton is a Fellow of the American Academy of Arts and Sciences, the National Academy of Engineering, and the National Academy of Sciences.

About Akamai

Akamai® is the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere. At the core of the Company's solutions is the Akamai Intelligent Platform&trade providing extensive reach, coupled with unmatched reliability, security, visibility and expertise. Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud. To learn more about how Akamai is accelerating the pace of innovation in a hyperconnected world, please visit www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
COVID-19: Latest Security News & Commentary
Dark Reading Staff 9/21/2020
Hacking Yourself: Marie Moe and Pacemaker Security
Gary McGraw Ph.D., Co-founder Berryville Institute of Machine Learning,  9/21/2020
Startup Aims to Map and Track All the IT and Security Things
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/22/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
How IT Security Organizations are Attacking the Cybersecurity Problem
How IT Security Organizations are Attacking the Cybersecurity Problem
The COVID-19 pandemic turned the world -- and enterprise computing -- on end. Here's a look at how cybersecurity teams are retrenching their defense strategies, rebuilding their teams, and selecting new technologies to stop the oncoming rise of online attacks.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-26088
PUBLISHED: 2020-09-24
A missing CAP_NET_RAW check in NFC socket creation in net/nfc/rawsock.c in the Linux kernel before 5.8.2 could be used by local attackers to create raw sockets, bypassing security mechanisms, aka CID-26896f01467a.
CVE-2020-6153
PUBLISHED: 2020-09-24
An exploitable SQL injection vulnerability exists in the FavoritesService.asmx Web Service functionality of eDNA Enterprise Data Historian 3.0.1.2/7.5.4989.33053. A specially crafted SOAP web request can cause an SQL injection resulting in data compromise. An attacker can send an unauthenticated HTT...
CVE-2020-13521
PUBLISHED: 2020-09-24
Parameter psAttribute in ednareporting.asmx is vulnerable to unauthenticated SQL injection attacks.Specially crafted SOAP web requests can cause SQL injections resulting in data compromise. An attacker can send unauthenticated HTTP requests to trigger this vulnerability.
CVE-2020-15840
PUBLISHED: 2020-09-24
In Liferay Portal before 7.3.1, Liferay Portal 6.2 EE, and Liferay DXP 7.2, DXP 7.1 and DXP 7.0, the property 'portlet.resource.id.banned.paths.regexp' can be bypassed with doubled encoded URLs.
CVE-2020-24365
PUBLISHED: 2020-09-24
An issue was discovered on Gemtek WRTM-127ACN 01.01.02.141 and WRTM-127x9 01.01.02.127 devices. The Monitor Diagnostic network page allows an authenticated attacker to execute a command directly on the target machine. Commands are executed as the root user (uid 0). (Even if a login is required, most...