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Nick’s financial leadership experience in large public companies will be invaluable to us

SUNNYVALE, Calif., Jan 6, 2016 – Blue Coat Systems, Inc., a market leader in enterprise security, today introduced new chief financial officer (CFO), Nick Noviello. Noviello brings extensive financial and operational expertise with global, publicly traded companies, most recently as executive vice president, finance and operations, and CFO of NetApp, Inc. He will report directly to Greg Clark, CEO of Blue Coat, and will be responsible for leading the company’s finance, information technology (IT), human resources, manufacturing, and supply chain teams.

Gregg Hampton, who as CFO led the Blue Coat financial, manufacturing and order administration organizations through the last three years, including the acquisition by Bain Capital, will continue to play a strategic role as senior vice president, business operations and will assist Noviello in the transition.

“We couldn’t be more excited to welcome Nick to the Blue Coat team,” said Clark. “Nick’s financial leadership experience in large public companies will be invaluable to us. His experience across both technology and the traditional industries of our customers makes him an extraordinary fit for Blue Coat today and our aggressive plans for the future. I have no doubt that he is going to have a significant and immediate impact on the company, as well as serve the strategic long-term objectives of our investors.”

“I can’t think of a more thrilling time to be joining Blue Coat,” said Noviello. “As the security industry continues to grow, Blue Coat has shown exceptional vision and strategic foresight in its expansion to become a clear leader in the growing cloud security market, while continuing strong execution in serving its more than 15,000 global customers.”

Noviello has over 20 years of leadership experience in financial and operational roles. At NetApp, which he joined in 2008, and was CFO for the last four years, he led a finance and operations team of more than 1,500 professionals with a focus on financial and operational excellence, strategic financial planning, capital structure, capital allocation, tax, treasury, enterprise risk management and investor relations. Prior to joining NetApp, Noviello spent eight years at Honeywell International, where he held operating business unit CFO roles, ran investor relations, and was a leader on the corporate mergers and acquisitions (M&A) team.
Noviello is a Certified Public Accountant, and started his career at PricewaterhouseCoopers. He holds a Bachelor of Science in Business Administration from Boston University and a Master of Science in Taxation from Fairleigh Dickinson University.

About Blue Coat Systems

Blue Coat is a leader in advanced enterprise security, protecting 15,000 organizations every day, including 88 of the 100 largest global companies. Through the Blue Coat Security Platform, Blue Coat unites network, security and cloud, providing customers with maximum protection against advanced threats, while minimizing impact on network performance and enabling cloud applications and services. Blue Coat was acquired by Bain Capital in March 2015. For additional information, please visit www.bluecoat.com.
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Blue Coat and the Blue Coat logo are registered trademarks or trademarks of Blue Coat Systems, Inc. or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.

Media Contacts:

Jenny Davis|Marika Mousseau
Positive Marketing
bluecoat@positivemarketing.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Blue Coat in the following categories: Consumer Technology, Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.