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The latest update is out from Okta ( (OKTA) ).
Okta, Inc. has appointed Eric Kelleher as its new President and Chief Operating Officer, effective February 1, 2025. Kelleher, who has been with Okta since 2016, previously held several leadership positions within the company and has extensive experience in the SaaS industry. He will be tasked with overseeing various operational teams and driving growth as Okta continues to lead in identity and cybersecurity solutions. The appointment coincides with Eugenio Pace’s retirement from the role of President, Business Operations. Kelleher’s new role is expected to bolster Okta’s focus on operational excellence and customer satisfaction, thereby enhancing its market position and growth prospects.
More about Okta
Okta, Inc. is a leading provider in the identity and cybersecurity industry, offering customer and workforce solutions that empower businesses and developers to enhance security and efficiency. Known as The World’s Identity Company, Okta provides trusted authentication and authorization services to a global clientele, ensuring safe technology usage for users, employees, and partners.
YTD Price Performance: 23.05%
Average Trading Volume: 3,313,449
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.62B
For detailed information about OKTA stock, go to TipRanks’ Stock Analysis page.