Industrial cybersecurity solutions provider Claroty announced on Monday that Yaniv Vardi has been named the company’s chief executive officer.
Vardi, Claroty says, is a veteran in the industrial solutions market with over two decades of leadership experience. The company appointed him CEO “based on his proven and repeatable success growing companies significantly in the industrial space from startups to mature, profitable enterprises.”
Vardi replaces Thorsten Freitag, who was announced as CEO in October 2019. Claroty told SecurityWeek that Freitag has left the company.
“[Freitag] did some great work during his time at Claroty and we wish him nothing but the best in his future endeavors. However, our board of directors and investors are always looking to hire a winning team and although it is always a difficult decision to replace a CEO, a strong board is not afraid to make bold decisions to do what is best for the company’s long-term growth,” a Claroty spokesperson stated.
According to his LinkedIn profile, Vardi previously worked as managing director at quality management firm Sparta Systems Europe, CEO of energy management solutions provider Panoramic Power, and managing director at energy solutions firm Centrica Business Solutions. He will be based at Claroty’s headquarters in New York City.
“I joined Claroty after a long journey of leading different solutions for the industrial space because I truly believe that with our talent, partners, and investors, we will lead the way in the OT security market,” Vardi said. “The Claroty Platform offers the broadest set of security controls and unmatched OT protocol coverage, and the company itself has some of the best talent across both the cybersecurity and OT security industries. I am excited to lead this very talented and unique team, to continue to build upon and expand our already proven vision, and to firmly secure Claroty’s place as the OT security market leader.”
Claroty provides a platform advertised as a complete OT security solution that includes continuous threat detection, secure remote access, and enterprise management console products.
The company emerged from stealth mode in 2016 and to date it has raised roughly $100 million in funding.
Related: Industrial Cybersecurity Firm Claroty Releases Open Source Database Parser
Related: Claroty Adds New Capabilities to Industrial Security Platform
Related: Industrial Cybersecurity Firm Claroty Raises $60 Million
