CyberArk announces planned executive changes

CyberArk announced that Founder, Chairman and CEO, Udi Mokady, will assume the role of Executive Chair of the Board of Directors, effective April 3. At that time, Matthew Cohen, CyberArk’s COO, will be appointed CEO and join the Board of Directors. Cohen joined CyberArk in November 2019 as Chief Revenue Officer and in November 2020 was promoted to COO, executing the company’s worldwide sales strategy including leading the global go-to-market organization and successfully executing the company’s transformation into a subscription company. Prior to CyberArk, he served as Executive Vice President of Field Operations at PTC.