Tripwire Hires CEO; Jim Johnson Accepts Permanent Post as Tripwire President and CEO.PORTLAND Portland, town, England Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested. , Ore. -- Tripwire trip·wire n. 1. A wire stretched near ground level to trip or ensnare an enemy. 2. A wire or line that activates a weapon, trap, or camera, for example, when pulled. 3. , Inc. (R), the world leader in change auditing software, today announced that Jim B. Johnson has accepted the permanent position of Tripwire president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . In his two years serving as interim CEO, Johnson has led the company to unprecedented growth and industry success. "While we had the luxury of meeting with a variety of CEO candidates, none met the overall needs of the company as well as Jim," said Bill Lattin People
Under Johnson's leadership, Tripwire has become the leader in change auditing solutions, broadening broad·en tr. & intr.v. broad·ened, broad·en·ing, broad·ens To make or become broad or broader. broad its offering to provide enterprise software and services that simultaneously address IT security, compliance and operational excellence. A key element in broadening the company's focus was the introduction of Tripwire Enterprise, which has greatly increased the company's enterprise-wide sales. Johnson's leadership has also led Tripwire to: --38 percent revenue growth in 2005 --Seven consecutive quarters of profitability --Seven consecutive quarters of positive cash flow --43 percent increase in customers with Tripwire recently exceeding 5,000 customers --48 percent increase in the employee base to over 160 customer-focused employees --Build a strong, experienced management team Said Jim Johnson, Tripwire CEO, "Leading Tripwire over the past two years, I have really grown to know the company and can't envision not being part of its continued success. It is important to me to be part of this exciting, growing organization that is benefiting the IT industry and Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. , helping further my goal of creating a high-tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Oregon community." Johnson's rich background in building businesses has provided Tripwire with the strategic leadership needed to increase company profitability and strengthen its global presence. Moving forward, Tripwire will continue providing clients with comprehensive change auditing solutions that address the three critical pieces of process, people and technology. The company recently announced its Change Controls Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. offering and Tripwire Enterprise 5.5 both of which increase Tripwire's capabilities in helping companies reach strategic IT compliance, security and service quality goals. About Tripwire, Inc. Tripwire is the leading provider of change auditing software and services. Tripwire solutions enable enterprises to prove that their IT change management controls are effective and their infrastructure is safe. Tripwire software provides proof of regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. compliance, instills accountability for change, ensures the security of business-critical systems, and increases the overall availability of IT services. Tripwire is headquartered in Portland, Ore. with offices in the UK and Japan. For more information visit: http://www.tripwire.com/. |
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