Riverbed Announces New CEO David Murphy
On October 1, 2019, Riverbed announced the appointment of Chairman of the Board, David Murphy, as interim CEO of Riverbed, and a search for a permanent CEO has already begun.
At Riverbed, we already know David well. He’s worked very closely with the Riverbed Leadership Team this past year on Riverbed’s strategy and go to market plans, and will drive continued execution on that strategy.
David is an experienced and proven executive with 30+ years in the tech industry in leadership roles driving market adoption and disruptive growth. He is the former President and COO of Blue Coat Systems and a Thoma Bravo Senior Operating Partner. David has taken on interim CEO roles previously, and in this bridge role, he’ll focus on setting the company for success and continued execution prior to a new CEO joining the company.
Like you, David has a vested interest in Riverbed’s long-term success. After a permanent CEO is on board, David will continue to be involved in our business as Chairman. Outgoing CEO Paul Mountford, who is leaving Riverbed to take another executive position in the industry, is working closely with David to ensure a smooth leadership transition.
As mentioned, Riverbed’s strategy remains the same, and we’re fully committed to our partners’ and customers’ success. Riverbed is experiencing strong market momentum for our Digital Networking and Digital Experience Management solutions, and we have the strategy, technology, customers, partners, leadership and talent to win in both of these markets. Although we’re still finalizing numbers, we had a successful Q3. Thank you for your support in making this happen.
Finally, please join us in thanking Paul Mountford for his many contributions to Riverbed in last five years and welcoming David to the day-to-day excitement of Riverbed’s accelerating success. Do not hesitate to reach out to your Riverbed channel sales manager if you have any questions regarding today’s news. Please see the press release and David’s bio (below) that you can share with your organization.
Thank you for your partnership with Riverbed.
Chairman of the Board and Chief Executive Officer
David Murphy was appointed interim CEO of Riverbed Technology in October 2019, and also serves as Chairman of Riverbed’s Board of Directors. Murphy is one of the Silicon Valley’s most highly regarded business executives with over 30 years of experience holding top leadership roles driving market expansion, revenue growth and operational excellence. Currently, Murphy is a Senior Operating Partner at Thoma Bravo, and in that capacity is a Director of several investments.
Murphy is the former President and COO of Blue Coat, which was a Thoma Bravo portfolio company during his tenure in that position and subsequently was sold to Bain Capital. During his time at Blue Coat, David was instrumental in developing the company’s focused security and acquisition strategy. Prior to Blue Coat, he was Senior Vice President for HP’s LaserJet and Enterprise Solutions business unit within the company’s Imaging and Printing Group (IPG). He joined HP through its acquisition of Mercury Interactive, where he was chief financial officer. Prior to that, Dave was president and general manager of IBM Tivoli. He also served as CEO at Asera and as partner at McKinsey & Company.
Murphy has a MSEE degree from Florida Atlantic University, an MBA degree from Stanford University, and a BS degree in Computer Science from the University of Louisville.