Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 95.93 USD -1.4%
Market Cap: 73.5B USD
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Fortinet Inc
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Founded in 2000 by siblings Ken and Michael Xie, Fortinet Inc. emerged from the rapid expansion of the internet and the growing necessity for cybersecurity. As the digital landscape began to flourish, so did the vulnerabilities associated with it. Fortinet distinguished itself by addressing these security needs through its flagship FortiGate firewall and unified threat management system. The company leveraged a distinctive hardware-software fusion, utilizing custom ASIC chips that allowed faster processing speeds and greater efficiency compared to many software-only solutions. This pioneering approach not only differentiated Fortinet from competitors but also laid the groundwork for its expansive suite of security products.

Operating at the intersection of technology and security, Fortinet generates its revenue through the sale of these high-performance security appliances and an increasing portfolio of subscription-based cybersecurity services. Its suite of offerings encompasses enterprise-level network security, secure access, and critical data protection both on-premise and via cloud. By continuously updating its threat protection capabilities with real-time intelligence through its FortiGuard Labs, Fortinet ensures that its clients remain shielded from evolving cyber threats. This multifaceted approach allows Fortinet to keep organizations robustly defended in an era where cybersecurity challenges grow more complex by the day. This combination of product sales and recurring revenue from services has fueled Fortinet's consistent growth and its position as a leader in the cybersecurity industry.

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Management

Mr. Ken Xie
Founder, Chairman & CEO

Ken Xie is a prominent figure in the cybersecurity industry, best known as the founder and CEO of Fortinet Inc., a global leader in broad, integrated, and automated cybersecurity solutions. Ken Xie's journey in the field of network security is marked by his visionary approach and entrepreneurial spirit. Before founding Fortinet in 2000, Ken Xie co-founded NetScreen Technologies, which provided network security systems and was later acquired by Juniper Networks. His background is strongly rooted in technology and engineering; he holds a B.S. and M.S. in Electrical Engineering from Tsinghua University in China and a second M.S. in Electrical Engineering from Stanford University. Under Ken Xie's leadership, Fortinet has grown to become one of the leading security firms, known for its FortiGate firewalls and a wide range of cybersecurity solutions that protect enterprises, service providers, and government organizations worldwide. His vision of creating a single platform to address various security challenges has helped Fortinet gain a substantial market share in the cybersecurity sector. Xie’s work has earned him various accolades, and he is highly regarded for pioneering numerous innovations in cybersecurity. Furthermore, Ken Xie's commitment to research and development has resulted in Fortinet's continual growth and success in maintaining a competitive edge in an ever-evolving digital landscape.

Mr. Michael Xie
Founder, President, CTO & Director

Michael Xie is a prominent figure in the cybersecurity industry and is best known for co-founding Fortinet Inc., a global leader in broad, integrated, and automated cybersecurity solutions. Born in China, Xie moved to North America where he pursued his higher education and later established a prominent career in technology and cybersecurity. He holds multiple degrees in engineering and computer sciences, including a Master’s degree in Electrical & Computer Engineering from the University of Manitoba and a Master’s degree in Traffic Engineering from Tsinghua University in Beijing. Michael Xie was an experienced engineer and researcher before his entrepreneurial journey began. In 2000, he co-founded Fortinet alongside Ken Xie (no direct relation), and he has played a crucial role in driving the technological vision and development of the company. As Fortinet’s Chief Technology Officer (CTO), Michael Xie has been instrumental in the creation and evolution of Fortinet’s flagship product, the FortiGate firewall platform, as well as its broader portfolio of cybersecurity solutions. He is credited with bringing innovations in areas such as high-performance network security, application control, and antivirus protection, which have helped Fortinet become a trusted partner for businesses seeking comprehensive security solutions. Michael Xie has been recognized for his pioneering work in cybersecurity and his contributions to the industry. His leadership and technical expertise have significantly influenced Fortinet's growth trajectory, making it one of the largest and most respected cybersecurity companies in the world.

Mr. Keith F. Jensen
Chief Financial Officer

Keith F. Jensen is the Chief Financial Officer (CFO) at Fortinet Inc., a global leader in cybersecurity solutions. With extensive experience in finance, accounting, and executive management, Jensen plays a critical role in overseeing the financial operations and strategic planning at Fortinet. Before joining Fortinet, he held several senior financial positions at prominent technology companies, where he developed a reputation for enhancing financial performance and operational efficiency. Jensen's expertise in corporate finance and his strategic insight contribute significantly to Fortinet's ongoing growth and success in the competitive cybersecurity industry. His leadership is instrumental in maintaining the company's financial health and supporting its mission to deliver innovative security solutions worldwide.

Mr. John Whittle J.D.
COO & Corporate Secretary

John Whittle, J.D., serves as the Executive Vice President, General Counsel and Secretary at Fortinet Inc., a global leader in broad, integrated, and automated cybersecurity solutions. In his role, Whittle is responsible for overseeing Fortinet's global legal matters, including corporate governance, compliance, intellectual property, litigation, and regulatory affairs. Whittle joined Fortinet in 2011, and since then, he has played a crucial role in guiding the company's legal strategies and ensuring regulatory compliance as the company navigates the complex cybersecurity landscape. He brings to the company extensive experience in legal affairs, with a strong background in managing legal and business issues within the tech industry. John Whittle earned his Juris Doctor (J.D.) from an accredited law school, where he developed a deep specialization in technology law, and he holds an undergraduate degree that contributed to his foundational understanding of the legal and business environments. His leadership at Fortinet has been pivotal in supporting the company’s strategic initiatives and growth, as well as in managing risks associated with operating in a fast-paced and highly regulated industry.

Ms. Christiane Ohlgart
Chief Accounting Officer & Principal Accounting Officer
No Bio Available
Mr. John Maddison
Chief Marketing Officer

John Maddison serves as the Chief Marketing Officer and Executive Vice President of Products at Fortinet, a leading global cybersecurity company. With an extensive background in marketing and product development, Maddison is instrumental in shaping Fortinet's strategic direction in security innovation. Before joining Fortinet, he amassed over 20 years of executive experience in numerous technology companies. His career includes significant roles at Trend Micro, where he managed the company's core technology strategies as a Senior Vice President of Endpoint Security, Data Center, and Network Security. At Fortinet, Maddison is recognized for his work in advancing the company's Security Fabric architecture, which integrates a variety of security solutions to create a unified approach in tackling cyber threats. His leadership is central to Fortinet's market positioning and growth in the cybersecurity industry. John Maddison's role involves not just leading the marketing efforts but also overseeing the development and lifecycle management of Fortinet's extensive product portfolio, ensuring they meet the evolving needs of customers globally. His vision and insights help drive the company's mission to deliver the highest quality cybersecurity solutions.

Mr. Chris Perna
Vice President of Talent Acquisition

Chris Perna is a seasoned technology professional with extensive experience in cybersecurity and executive management. As of the latest available information, Chris Perna serves as an executive at Fortinet Inc., a global leader in broad, integrated, and automated cybersecurity solutions. In his role, he is responsible for driving strategic initiatives and overseeing various aspects of the company's operations to ensure the delivery of robust security solutions to Fortinet's clients around the world. His leadership is integral to Fortinet's mission to secure data and devices across networks, cloud environments, and endpoints. With a strong background in technology and business development, Chris Perna contributes significantly to Fortinet's growth and success in the competitive cybersecurity industry.

Mr. Matthew Pley
Executive Vice President of America Sales

Matthew Pley serves as the Treasurer at Fortinet Inc., where he plays a crucial role in managing the company's financial strategy and treasury operations. His responsibilities include overseeing capital structure, liquidity management, risk management, and working capital. Mr. Pley brings a wealth of experience in financial management and has contributed significantly to Fortinet's financial health and stability. Prior to his tenure at Fortinet, he held various financial roles in other notable organizations, further establishing his expertise in treasury and finance-related functions.

Mr. Robert May
Executive Vice President of Technology & Product Management

Robert May serves as the Executive Vice President and Chief Financial Officer (CFO) at Fortinet Inc. In his role, he is responsible for overseeing the company’s global financial strategy and operations, including finance, accounting, tax, treasury, and investor relations. Robert May brings extensive experience in financial leadership, having previously held senior positions in both public and private high-growth companies. Under his financial stewardship, Fortinet continues to strengthen its position in the cybersecurity industry, focusing on profitability and sustainable growth. May's leadership is instrumental in executing Fortinet's strategies to drive innovation and capture market opportunities in the rapidly evolving technology landscape.

Mr. Joe Sarno
Executive Vice President of International Sales

Joe Sarno is a prominent executive at Fortinet Inc., where he serves as the Vice President and Executive Officer. At Fortinet, he plays a crucial role in guiding the company's sales strategies and managing operations within specific territories. Sarno's leadership has been instrumental in expanding Fortinet's market presence and fostering strategic partnerships. With a strong background in cybersecurity and a deep understanding of market dynamics, Sarno has helped Fortinet in enhancing its client relationships and driving innovation in its security solutions. Prior to his role at Fortinet, Joe Sarno accumulated extensive experience in the technology sector, making significant contributions to business development and sales leadership. His expertise lies in driving growth through strategic planning and excellence in execution. Sarno is well-regarded in the industry for his ability to lead diverse teams and deliver results, making him a pivotal figure in Fortinet's ongoing success in the highly competitive cybersecurity market. His vision and commitment to excellence continue to support Fortinet's mission to secure digital assets across global enterprises.

Contacts

Address
CALIFORNIA
Sunnyvale
899 Kifer Rd
Contacts
+14082357700.0
www.fortinet.com