LifeLock Announces Organizational Changes, Including New Chief Strategy Officer
25 Januar 2016 - 10:59PM
Business Wire
LifeLock, Inc. (NYSE: LOCK), an industry leader in identity
theft protection, today announced that Mike Dean, who formerly
served as group president of Experian’s Consumer Direct division,
has been appointed the company’s chief strategy officer.
In this position, Dean will oversee the Company’s Enterprise
Sales & Alliances (ES&A) team, LifeLock enterprise products
and ID Analytics. Dean will lead a search for a successor to Don
Beck, who will retire from his position as head of ES&A by the
end of 2016. ID Analytics CEO Scott Carter will report to Dean.
The company also announced that Schwark Satyavolu has resigned
from his position as executive vice president, Product &
Technology, to become a general partner at a venture capital firm,
effective mid-February 2016. At that time, he will become a
strategic advisor to LifeLock. Dev Patel, senior vice president of
product and technology, will lead the company’s consumer product
teams and report to LifeLock’s president and CEO-elect Hilary
Schneider. Previously, Patel was vice president of engineering,
advertiser product and publisher solutions at Yahoo! Inc., and most
recently he was chief executive officer of BitYota, a data
warehouse company acquired by LifeLock last year.
“We are pleased to promote some of the great talent we have at
LifeLock to new roles,” said Schneider. “Dean brings deep
experience and a demonstrated capacity for innovation to his new
position as chief strategy officer that will be invaluable to
LifeLock. He’ll play a key role in helping us continue to grow our
business, build our industry leadership and focus on operational
excellence. I look forward to working with him, and Dev, to further
enhance LifeLock’s position as the most trusted provider of
identity theft management solutions and I’m confident that the
momentum in our business will continue under their leadership.”
Schneider continued, “We thank Schwark for helping to lay a new
foundation for our product and technology organization, wish him
well and look forward to his continued contributions as a strategic
advisor to our company. We also thank Don for the commitment and
enthusiasm he continues to bring to our ES&A business and are
pleased that he will stay on to ensure an orderly transition of his
responsibilities.”
Dean has served in a senior consulting capacity at LifeLock and
has a deep understanding of the industry, LifeLock and its
partners. Before beginning his consulting career he spent 11 years
at Experian in a number of senior roles, and served as vice
president of Business Development at PriceGrabber.com.
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.
Forward-Looking Statements
This press release contains “forward-looking” statements, as
that term is defined under the federal securities laws, including
statements regarding organizational changes, along with its impact
on the future performance of our business. These forward-looking
statements are based on our current assumptions, expectations, and
beliefs and are subject to substantial risks, uncertainties,
assumptions, and changes in circumstances that may cause our actual
results, performance, or achievements to differ materially from
those expressed or implied in any forward-looking statement.
Further information on these and other factors that could affect
the forward-looking statements in this press release is included in
our SEC filings, including our Annual Report on Form 10-K for the
year ended December 31, 2014, particularly under the captions “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and our Forms 10-Q. Copies of
these documents are available on our Investor Relations website at
http://investor.lifelock.com/ or the SEC's website at
www.sec.gov.
We assume no obligation and do not intend to update these
forward-looking statements, except as required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20160125006576/en/
LifeLock, Inc.Media Contact:Kelley Bonsall,
480-457-2170Media@lifelock.comInvestor Relations Contact:Jamison
Manwaring, 480-457-5000VP, Investor
RelationsInvestor.relations@lifelock.com
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