ThreatX appoints cyber exec Gene Fay new CEO

Thursday April 30, 2020 Tags: Louisville, ThreatX, Gene Fay, Bret Settle

LOUISVILLE -- ThreatX announced it appointed longtime cybersecurity executive Gene Fay as the company’s new CEO. 

Co-founder and previous CEO Bret Settle will assume the role of chief strategy officer and continue to provide integral guidance as a member of the leadership team, drawing on his experience with the company and within the industry to support the company’s next phase of growth and innovation.

“I am excited to lead ThreatX forward to tackle some of today’s most pressing cybersecurity challenges that our customers and prospects face as business infrastructures aggressively migrate into the cloud,” said Fay.

“Under Bret’s leadership, ThreatX’s high-caliber team has established the company as an innovator and next-generation alternative to traditional and legacy web application firewalls (WAFs).

“The innovations -- in product, services, and market presence -- will be my focus as this team continues to do great things together.”

“Gene was a critical player at Resilient Systems as they successfully developed, and subsequently exited with one of the first SOAR platforms,” said Settle.

“His accomplishments driving sales, revenue, and customer success within a new category were remarkable. Gene’s experience will be invaluable as ThreatX continues to grow rapidly while maintaining our promise of a truly better application security experience.”

Before joining ThreatX, Fay served as chief operating officer at White Ops, where he worked closely with the co-founders to bring management excellence to the thriving business

In his roles as GM and VP of sales and technical services at Resilient Systems, he contributed to over 100% CAGR across five years.

“In today’s security environment, it’s critical to have leaders with industry acumen like Gene Fay and Bret Settle working together,” said Steve Fredrick, general partner at Grotech Ventures.

“Gene and Bret’s track records and skillsets will strategically position ThreatX to continue building a market-leading organization within a booming cybersecurity segment.”