MorganFranklin Cyber Gears Up for Growth with New Leadership
MorganFranklin Cyber Gears Up for Growth with New Leadership
MorganFranklin Cyber, now a standalone force in the cybersecurity sector, is setting the stage for an exciting future with the recent appointments of key leaders. In a strategic move backed by M|C Partners, Keith Hollender has been named Chief Executive Officer (CEO) while Pete Schile takes on the role of President and Chairperson of the Board. Both are not only skilled leaders but also co-founders who will drive the firm’s ambitions as it asserts itself in the market.
Leadership Appointments Mark a New Era
The leadership changes are pivotal as MorganFranklin Cyber transitions to an independent firm. Hollender brings a wealth of knowledge in cybersecurity and risk management, underscoring his readiness to lead the firm in this new chapter. Schile, as President, will focus on daily operations, ensuring that the company stays on course for strategic alignment and innovation.
The Vision Moving Forward
The Managing Partner at M|C Partners, Travis Keller, expressed enthusiasm regarding the appointments. He believes that Hollender and Schile’s combined expertise and insights will be crucial in advancing the firm’s objectives and ensuring it remains a frontrunner in cybersecurity solutions.
Commitment to Cybersecurity Excellence
In his new capacity, Hollender aims to fortify the company’s service offerings and client relationships. His visionary leadership will explore new avenues for growth, leveraging extensive experience from his previous roles. He shared his excitement saying, "It’s an honor to be named CEO at such a critical time in the firm’s history." This commitment is evident as the firm looks to enhance its market presence dramatically.
Schile's Role in Daily Operations
As the newly appointed President and Chairperson, Schile is tasked with overseeing daily operations. He is dedicated to ensuring a seamless connection between the Board’s vision and the firm’s effectiveness in delivering comprehensive cybersecurity services. "I’m excited to serve as both President and Chairperson," Schile remarked, emphasizing his commitment to seizing new opportunities that arise from their independent status.
Innovative Strategies for a Changing Landscape
The independence of MorganFranklin Cyber is fortified through its recent management buyout plans, which M|C Partners facilitated. This change has paved the way for innovative solutions tailored to combat the growing complexities in cybersecurity. The firm will continue providing a broad range of cybersecurity services—from consulting to managed services—tailored for enterprise-level clients across various industries.
About MorganFranklin Cyber
MorganFranklin Cyber stands as a prominent advisory and consulting firm, providing comprehensive cybersecurity and risk management solutions on a global scale. Being independent allows it to craft unique strategies aimed at safeguarding its clients’ assets and enhancing their resilience against evolving threats. The backing by M|C Partners is a testament to its potential as an agile player in the cybersecurity landscape.
About M|C Partners
M|C Partners is a strategic private equity firm focused on mid-size businesses in technology services. With an impressive history of investments exceeding $2.5 billion across 150 companies, M|C Partners is dedicated to identifying promising growth opportunities and fostering partnerships that yield substantial benefits. Their seasoned expertise continues to catalyze developments for firms within their portfolio.
Frequently Asked Questions
What roles have been newly appointed at MorganFranklin Cyber?
Keith Hollender has been named CEO, while Pete Schile has become President and Chairperson of the Board.
How will the new leadership impact the firm’s strategy?
The new leadership is expected to enhance market presence and service offerings, focusing on growth and client relationships.
What does MorganFranklin Cyber specialize in?
The firm specializes in cybersecurity, risk management, and provides a range of consulting and managed services.
Who backs MorganFranklin Cyber?
M|C Partners backs MorganFranklin Cyber, providing strategic support and resources for growth.
Why is this leadership change significant?
This change marks a new era for MorganFranklin Cyber, fostering innovation and the opportunity for expansive growth as an independent entity.
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