Coalfire® Names New Board Members

Appointees Add Significant Experience and Expertise in Cybersecurity
 

WESTMINSTER, Colo - January 05, 2016 - Coalfire, a leader in cybersecurity risk management and compliance services, today announced the addition of four new board members: Sam Sliman, Charles Rossotti, Brooke Coburn and Stephen Bailey. With these additions, Coalfire gains further strategic guidance to elevate the company’s profile in the cybersecurity industry, with a particular focus on the risk assessment and compliance segment.

“Coming off a strong year that included additional funding, new hires and expanded services, Coalfire is well-positioned to grow rapidly in 2016,” said Larry Jones, CEO of Coalfire. “With the appointment of these four new board members, we look forward to leveraging their experience and industry knowledge to strengthen the Coalfire brand globally and capitalize on the significant growth opportunities ahead.”

Bringing more than 20 years of experience working with technology companies, Sam Sliman serves as chairman of the board for Coalfire. Prior to joining Coalfire’s board, Sliman founded Gulfscape Ventures, which specializes in investing in technology ventures. He has also served as president and chairman for Optimal Solutions, where he was responsible for leading its global team’s revenue from $18 million to $170 million before it was acquired by NTT DATA. As the chairman of the board, Sliman leads Coalfire’s board of directors and acts as the liaison between the board and the company’s management.

“Coalfire has become the trusted, board-level adviser on all matters of cyber risk, changing businesses’ mindsets to go above and beyond compliance to be secure,” said Sliman. “With the board’s guidance, we will have the strategic edict to accelerate Coalfire’s ability to deliver industry-leading cyber-risk advisory, assessment, management and monitoring services.”

An operating executive for The Carlyle Group, Charles Rossotti joins the Coalfire board with more than 27 years of experience founding and leading IT companies. Rossotti’s current work focuses on evaluating investments in information technology and business services. Throughout his career, Rossotti has held many senior management and leadership roles, including commissioner for the Internal Revenue Service, principal deputy assistant secretary in the Office of the Secretary of Defense and co-founder and CEO of American Management Systems, Inc., where he helped grow its revenues to more than $1 billion. Additionally, Rossotti is the chairman and lead independent director of AES Corporation and previously served as a director for Bank of America.

“The field of cybersecurity is very exciting; it is growing and changing at an astounding rate, and I am honored to serve on the board and provide guidance to this company. Coalfire has amazing technical depth and expertise at the forefront of helping organizations understand and manage their risks,” said Rossotti. “As Coalfire continues its upward trajectory in the cybersecurity and compliance space, I look forward to working with the board and the team to enable Coalfire to redefine cybersecurity services by offering clients a combination of people, process and technology that enables them to better manage their risks.”

Two managing directors on The Carlyle Group’s U.S. mid-market investment team also join Coalfire’s board: Brooke Coburn, a 20-year Carlyle veteran who is also co-head of the mid-market fund, and Stephen Bailey, a 10-year veteran of the firm. Coburn and Bailey leverage Carlyle’s network and industry expertise to drive innovation, growth and value creation.

About Coalfire

Coalfire is the global leader in cyber risk management and compliance services for private enterprises and government organizations. Coalfire’s professionals are renowned for their technical expertise and unbiased assessments and recommendations. Coalfire’s approach builds on successful, long-term relationships with clients to achieve multiple cyber risk management and compliance objectives, tied to a long-term strategy to prevent security breaches and data theft.

Coalfire is currently listed as #74 in the “Cybersecurity 500 Hottest Security Companies” and was recently named one of the Top 20 Most Promising Risk Management Solution Providers. For more information, visit www.coalfire.com.

Contacts

Racepoint Global
Mike Nourie,
+1-617-624-3222
mnourie@racepointglobal.com