Contrast Security Appoints Peter Daley as Chief Financial Officer

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Oct 24, 2023, 09:00 ET

The Runtime Security leader taps former CrowdStrike executive as the demand for its Secure Code Platform continues to flourish

LOS ALTOS, Calif., Oct. 24, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, today announced the appointment of Peter Daley as the company's new Chief Financial Officer (CFO).

"We have proven to the market that our Runtime Security technology is the easiest, fastest, most accurate and scalable way to run an Application Security program," said Rick Fitz, CEO at Contrast Security. "As we continue to see increased demand for our Secure Code Platform, I know Peter's successful background and proven expertise using SaaS metrics to manage hyper-growth companies will be a perfect fit as CFO at Contrast, where he will drive profitable growth at scale."

Daley will lead all financial activities across the business, including financial strategy, accounting, procurement, legal, IT and compliance. He will also apply decades of experience in enterprise software as a service (SaaS), cybersecurity and financial services to improve business performance and profitability.

"Contrast has a revolutionary technology that reduces friction, increases agility and productivity, and ultimately delivers a superior outcome for its customers," said Daley. "I've seen fundamentally new approaches to traditional cybersecurity problems create entirely new sets of market leaders in next-generation firewalls, and then again in next-generation endpoint security. I'm excited to join Contrast as they do this with Application Security."

Peter has over 25 years of experience in enterprise SaaS, cybersecurity and financial services. Prior to joining Contrast, Daley served as the VP of Strategic Finance and Investor Relations at CrowdStrike, where he was instrumental in leading the execution of various private and public financing rounds, including a record-setting initial public offering, as well as leading the investor relations program.

To find out more about Contrast and the Secure Code Platform, please visit https://www.contrastsecurity.com/platform.

About Contrast Security

Contrast is a world-leading code security platform company purposely built for developers to get secure code moving swiftly and trusted by security teams to protect business applications. Developers, security and operations teams quickly secure code across the complete Software Development Life Cycle (SDLC) with Contrast to protect against today's targeted AppSec attacks.

Founded in 2014 by cybersecurity industry veterans, Contrast was established to replace legacy AppSec solutions that cannot protect modern enterprises. With today's pressures to develop business applications at increasingly rapid paces, the Contrast Secure Code Platform defends and protects against full classes of Common Vulnerabilities and Exposures (CVEs). This allows security teams to avoid spending time focusing on false positives, leaving them more time to remediate true vulnerabilities faster. Contrast's platform solutions for code assessment, testing, protection, serverless, supply chain, application programming interfaces (APIs) and languages help enterprises achieve true DevSecOps transformation and compliance.

Contrast protects against major cybersecurity attacks for its customer base, which represents some of the largest brand-name companies in the world, including BMW, AXA, Zurich, NTT, Sompo Japan and the American Red Cross, as well as numerous other leading global Fortune 500 enterprises. Contrast partners with global organizations such as AWS, Microsoft, IBM, GuidePoint Security, Trace3, Deloitte and Carahsoft, to seamlessly integrate and achieve the highest level of security for customers.

The growing demand for the world's only platform for code security has landed the company on some of the most prestigious lists, including the Inc. 5000 List of America's Fastest-Growing Companies and the Deloitte Technology Fast 500 List of fastest-growing companies.

Learn more: https://www.contrastsecurity.com/.

Media Contact:
Jacklyn Kellick
Director of Corporate Communication
Contrast Security
[email protected]

SOURCE Contrast Security