Riverbed has named industry veteran David Murphy as interim CEO, to drive continued momentum for the firm’s Digital Networking and Digital Experience Management businesses.
Riverbed said Murphy – the former President and COO of Blue Coat Systems and the current Riverbed Chairman of the Board as well as a Thoma Bravo Senior Operating Partner – has been named to lead the firm while a search is underway to find a permanent CEO.
Outgoing CEO Paul Mountford, who is leaving the Company to take another executive position in the industry, is working closely with Murphy to ensure a smooth leadership transition.
Murphy has more than three decades of experience in leadership roles driving market adoption and disruptive growth. Riverbed said prior to Blue Coat, he was instrumental in building Mercury Interactive and Tivoli Systems into market leaders and has held interim CEO roles at Qlik and Apttus.
“Having spent my entire career at some of the premier companies within the technology industry and closely working with Riverbed for the last year as a strategic advisor and Chairman, I’ve recognised and appreciated the trusted position that Riverbed has with its customers and partners, as well as the significant market opportunity that exists,” said Murphy.