ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Zscaler Appoints Syam Nair as Chief Technology Officer to Accelerate Innovation and Product Development

SAN JOSE, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that Syam Nair has been appointed as the company’s Chief Technology Officer and EVP of Research and Development. In this role, Nair will be responsible for driving the research and development engines to expand Zscaler’s Zero Trust Exchange platform, accelerate AI/ML innovations, and further scale the largest security cloud in the world. Nair will join Zscaler’s senior executive team on May 24, 2023. 

“I am excited to welcome Syam to the Zscaler’s leadership. He has real-world experience in leading and scaling engineering and product development teams that accelerated innovation cycles at Salesforce, one of the largest SaaS and cloud platforms in the world,” said Jay Chaudhry, CEO, Chairman, and Founder, Zscaler. “As we drive our business to reach $5 billion in annual recurring revenue, with eyes set to go much farther, Syam’s proven experience will play an important role in scaling Zscaler’s platform and organization.”

Nair will bring more than 25 years of engineering and product development leadership with expertise in ground-up incubation and in leading large teams at Salesforce and Microsoft through R&D transformations. During his tenure at Microsoft, Nair was part of the leadership team responsible for building and the accelerated expansion of planet-scale globally distributed Azure data services. At Salesforce, Nair's leadership has been a driving force for key strategic innovations, including Salesforce Genie, a hyper-scale CRM Data Platform, while continuing to integrate inorganic innovations and scaling the AI-powered customer engagement platform for accelerated growth and 10x Scale. Nair and his leadership team were also responsible for the vision and execution of next-generation AI, Search, and Analytics experiences.

“I am delighted to join the Zscaler leadership team and drive innovation and cloud platform scale at the industry leader in cloud security,” said Nair. “Enterprises are at the cusp of a technology evolution where massive amounts of data are converging in the cloud and being put into action with advanced AI and cybersecurity technologies. Zscaler is at the forefront of this transformation with access to the largest, most valuable data pool for cloud security, with more than 300 billion transactions per day. As part of this leadership team, I am very excited to drive the innovation vision and continue to accelerate and deliver on the AI/ML-led cybersecurity transformation for our customers with a hyper scale Zscaler platform.”

Nair holds a master’s degree in computer science and applications Engineering from Goa University and a Master of Business Administration from Indiana University – Kelley School of Business.

Forward-Looking Statements
This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. These forward-looking statements include the potential impact of the hiring to Zscaler's future recurring revenue expected platform development and ability to scale. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release.

Additional risks and uncertainties are set forth in our most recent Annual Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on March 8, 2023, which is available on our website at ir.zscaler.com and on the SEC's website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

About Zscaler
Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SSE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/trademarks are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

Media Contact:
Pavel Radda
press@zscaler.com

Investor Relations Contact:
Bill Choi, CFA
ir@zscaler.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/417798ae-0544-4855-b5eb-513ca03b662f


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  234.69
-2.89 (-1.22%)
AAPL  272.41
-0.54 (-0.20%)
AMD  246.81
-1.15 (-0.46%)
BAC  52.61
-0.26 (-0.49%)
GOOG  276.98
-2.14 (-0.77%)
META  609.46
-0.43 (-0.07%)
MSFT  510.18
+6.89 (1.37%)
NVDA  190.17
+3.31 (1.77%)
ORCL  222.85
+5.28 (2.43%)
TSLA  404.35
+2.36 (0.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.