LifeLock Announces Chief Risk Officer Ignacio Martinez
29 April 2015 - 10:10PM
Business Wire
LifeLock, Inc. (NYSE: LOCK), a leading provider of proactive
identity theft protection services, announced that Ignacio Martinez
has joined the company in the newly created role of chief risk
officer.
“A chief risk officer has become a best practice for companies
looking to create shareholder value by taking a holistic look at
challenges and opportunities across the entire business,” said Todd
Davis, chief executive officer of LifeLock. Davis continued,
“Ignacio is a seasoned leader who will help establish this
strategic framework at LifeLock and help us navigate emerging
trends including the intersection of consumer, technology and
privacy.”
As chief risk officer, Martinez will set the company’s strategic
risk management vision and analyze decisions that could affect the
company, its business partners and its customers. The position
reports to Roy Guthrie, board member and chair of LifeLock’s audit
committee, and Todd Davis, LifeLock’s CEO.
With 25 years of experience and expertise in risk management,
audit and strategy consulting, Martinez joins LifeLock from
Protiviti, Inc., a global consulting firm specializing in finance,
technology, operations, governance, risk and internal audit, where
he was a founding director. Prior to Protiviti, Martinez led client
accounts at Arthur Andersen, LLP, where he developed the
non-attest, risk consulting practice of the firm.
“Ignacio brings broad experience in defining strategic
initiatives and plans that assess the rapidly evolving identity
industry landscape,” said Roy Guthrie, board member and chair of
LifeLock’s audit committee.
Martinez joins other recent additions to LifeLock’s leadership
team, including Schwark Satyavolu, executive vice president of
product and technology; Ty Shay, chief marketing officer; and Peter
Levinson, senior vice president of product and technology.
A recent study by Javelin Strategy & Research found that
fraudsters stole $16 billion from 12.7 million U.S. consumers last
year. With a new identity fraud victim every two seconds, identity
theft is a problem for many consumers.
About LifeLock
LifeLock, Inc. (NYSE: LOCK) is a leading provider of proactive
identity theft protection services for consumers and consumer risk
management services for enterprises. LifeLock’s threat detection,
proactive identity alerts, and comprehensive remediation services
help provide peace of mind for consumers amid the growing threat of
identity theft. Leveraging unique data, science and patented
technology from ID Analytics, Inc., a wholly-owned subsidiary,
LifeLock offers identity theft protection that goes significantly
beyond credit monitoring. As part of its commitment to help fight
identity theft, LifeLock works to train law enforcement and
partners with a variety of non-profit organizations to help
consumers establish positive habits to combat this threat.
LifeLockBecca Youngs, 480-427-2170media@lifelock.com
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