Veridium, the high growth Identity company that provides modern, passwordless, omnichannel authentication solutions – announced that Ismet Geri has been appointed Chief Executive Officer and board member effective July 1st, 2020.
Geri is a seasoned cybersecurity and identity executive. During his 20-year career, he has held numerous senior leadership roles - including at Proofpoint, which listed in April 2012 (NASDAQ: PFPT), Infoblox, which became listed in April 2012 and was acquired by Vista Equity Partners in 2016 (NYSE:BLOX), Juniper (NYSE:JNPR), ForgeRock, Transmit Security, and Onfido. Geri holds a PhD in Optoelectronics and a master’s degree in computer science.
Michael Spencer, a major investor in Veridium through his family office, comments: “Ismet brings a phenomenal amount to Veridium. His first-class industry knowledge and deep understanding of the markets in which our clients operate, combined with commercial insight and a proven track record in delivering impressive business results, make him the natural choice to accelerate Veridium’s continued growth.”
Speaking of his new role, Geri says: “Cloud and mobile technologies have propelled new innovation in the identity market, which is seeing rapid growth globally. Consequently, this raises concerns about user experience, but also trust in privacy and in security. Passwords are long dead and can no longer be relied upon to safeguard companies or consumers from the threat of fraud and data breaches. At Veridium, we believe your digital identity should fundamentally match your real identity and our technologies deliver a strong passwordless experience, enforced with our innovative Behavioural Biometrics AI/ML engine, to improve user experience, to increase security, and to meet ever changing regulatory requirements while simultaneously reducing costs and complexity.
“I am honoured to have the opportunity to lead Veridium, an extraordinary company that has so much potential and so many talented people. My goal is to ensure we meet our commitments to our customers, partners, employees, and shareholders.”