Bit9 + Carbon Black Appoints Mark Sullivan Chief Financial Officer

Sullivan brings track record of financial leadership at high-growth tech companies

WALTHAM, Mass., Dec. 16, 2015 (GLOBE NEWSWIRE) -- Bit9® + Carbon Black®, the leader in Next-Generation Endpoint Security (NGES), today announced the appointment of Mark Sullivan as executive vice president and chief financial officer.

Sullivan, who has been CFO at successful public and private companies, leads Bit9 + Carbon Black's finance and administration organization. Most recently he was executive vice president and CFO of AspenTech, a publicly traded $440 million software company.

"Mark's skills and public company experience make him an ideal addition to our senior leadership team," said Patrick Morley, president and chief executive officer of Bit9 + Carbon Black. "Mark will play a pivotal role as we execute our strategy to expand our leadership position in Next-Generation Endpoint Security."

Sullivan has more than 25 years of financial management and executive leadership experience, including 14 years with Fidelity Investments, where his positions included executive vice president and CFO for Fidelity Employer Services Company, a multi-billion dollar business.

"I'm excited to join Bit9 + Carbon Black, the market leader in an important industry and a company that's well-positioned for substantial growth," said Sullivan. "We have the right team and the right solutions to achieve great success, and it's a privilege to take on these important responsibilities."

Sullivan's prior positions include chief operating officer for Westerbeke Corporation, consulting manager at Coopers & Lybrand, and financial leadership roles with Analog Devices.

He earned a bachelor's degree in economics from Middlebury College and a master's degree in management from the Massachusetts Institute of Technology.

About Bit9 + Carbon Black

Bit9 + Carbon Black is the market leader in Next-Generation Endpoint Security. We have sold more licenses, have more experience, and more customers than any other NGES company because our solution is the most effective way to prevent, detect and respond to advanced threats that target users, servers, and fixed-function devices. That's why more than 60 MSSP and IR leaders have chosen our technology as a key component of their security offerings, and 25 of the Fortune 100 rely on us as a critical element of their advanced threat defense and compliance strategies. By the end of 2015, we expect to achieve 7 million+ software licenses sold, and almost 2,000 customers worldwide. We were voted Best Endpoint Protection by security professionals in the SANS Institute's Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of IR professionals are using or evaluating Carbon Black. And IDC, in 2015, named Bit9 + Carbon Black the leader in endpoint security, with 37 percent market share.

Bit9 and Carbon Black are registered trademarks of Bit9, Inc. All other company or product names may be the trademarks of their respective owners.


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