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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
  • Don Lattin, writer for the San Francisco Chronicle
  • Susannah Lattin, her death led to regulation of adoptions and abortions in Manhattan in 1868
Places
  • Lattingtown on Long Island, New York
, co-chair of the Tripwire Board of Directors. "The Board is extremely pleased with this decision. Jim has earned our trust, and his acceptance removes the added risk of changing Tripwire leadership at this important point where the company is poised for its next stage of growth."

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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 12, 2006
Words:447
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