Akamai Realigns Organization Around Market-leading Internet Security and Edge Technology Solutions
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Security Technology Group will unify the company's market-leading security solutions for protecting customers' web properties, mobile apps and APIs, in addition to providing infrastructure protection and access control. Under the leadership ofRick McConnell (currently Akamai's president and general manager, Web Division) as president and general manager,Security Technology Group , the group will focus on driving core security business growth and innovation and expansion into attractive market adjacencies. - The
Edge Technology Group will bring together Akamai's media delivery, web performance and edge computing solutions as well as Akamai's Intelligent Edge Platform, to help businesses deliver immersive online experiences with performance, scale, reliability and simplicity across diverse application architectures. The group will be led byAdam Karon (currently Akamai's executive vice president and general manager, Media and Carrier Division) as chief operating officer and general manager,Edge Technology Group . - The unified
Global Sales Organization will provide streamlined access to the full breadth of Akamai's portfolio, as Akamai customers and prospects have increasingly sought to buy the full range of Akamai's edge delivery and security offerings. Under the leadership of PJ Joseph (currently Akamai's senior vice president, Global Media and Carrier Sales) as executive vice president, Global Sales, the sales team will focus on driving revenue acceleration, improving channel partnerships, increasing security product adoption while prioritizing flexibility and customer responsiveness.
The company also announced it has re-established the role of chief technology officer to further advance its innovation strategy. In his new role as chief technology officer, Dr.
The company's services organization and other corporate functions, including finance, human resources, legal and IT, will continue to support the organization across all businesses.
Marketing will continue to support revenue growth and drive Akamai's leadership in security under the leadership of
"I want to thank Monique for her leadership over the last four years, during which she successfully led the transformation of our marketing organization – establishing digital-first marketing capabilities and an organization focused on accountability and contribution to the business," said Dr.
Commenting on the organizational realignment, Leighton added, "Akamai's tenacious commitment to innovate and adapt to the ever-changing and expanding demands of digital business for 22 years has helped transform the way the world operates online. In 2020, it became quite clear how critical the internet is to work, commerce, education, entertainment and government. In 2021 and beyond, we believe our collective reliance on the internet will increase further as more businesses move online, more employees work remotely over the long term, and cyberattacks continue to increase in volume, frequency and sophistication. With Akamai's new organizational structure, I am confident we will be able to more nimbly support the dynamic needs of our customers and partners, and more effectively capitalize on emerging growth opportunities."
Q4 2020 Earnings Call and Investor Summit
The company will discuss the strategic organizational changes during its Q4 2020 earnings call which will be held today,
About Akamai
Akamai secures and delivers digital experiences for the world's largest companies. Akamai's intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone - and attacks and threats far away. Akamai's portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring. To learn why the world's top brands trust Akamai, visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter.
Akamai Statement Under the Private Securities Litigation Reform Act
This release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements about expected future benefits from the announced organizational changes. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, failure of changes to result in the benefits expected therefrom (e.g., more nimble development processes, improved channel relationships and realization of competitive advantages); failure of our investments in innovation to generate new solutions; if developed, lack of market acceptance of such service offerings and functionalities or failure of such solutions to operate as expected; and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the
Contacts:
Gina Sorice
Media Relations
646-320-4107
gsorice@akamai.com
Investor Relations
617-274-7130
tbarth@akamai.com
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