Mimecast co-founder Peter Bauer is stepping down as CEO

E-mail security company Mimecast has appointed Marc Van Zadelhoff as CEO, with co-founder and outgoing CEO Peter Bauer remaining as a member of the board to advise the company.

“I’ve loved leading Mimecast from our founding in 2003 to our current position as a globally recognised cybersecurity company. After a busy 21 years, I am looking forward to pursuing my personal interests in addressing climate change, environmental and social justice [issues], and supporting young entrepreneurs,” said Bauer in a statement on Wednesday.

“I am pleased to pass the leadership torch to Marc, whom I’ve known and respected for almost a decade, and look forward to the company’s continued success under his leadership,” said Bauer.

Van Zadelhoff joins the company with nearly 25 years of experience in the information security space, leading a range of organisations, most notably as CEO of Devo, a cloud-native security analytics company. He was also chief operating officer at LogMeIn, and was one of the founders of IBM Security – serving as GM of the US$2.5-billion, 8 000-person business unit he helped found.

“I’m drawn to Mimecast because it protects against today’s most urgent cybersecurity threats, namely employees collaborating in an ever more dangerous world.”