Fey assumes his new role from David Murphy, who will continue as a strategic advisor to Clark and the Board of Directors
Blue Coat has appointed Michael Fey as president and chief operating officer effective immediately. Fey brings operational and go-to-market expertise that will drive revenue growth and extend the reach of Blue Coat in the market. He will report to Blue Coat CEO Greg Clark.
As president and COO, Fey will bring to Blue Coat a critical focus on aligning the company’s leading web security, encryption management, cloud offerings and advanced threat protection solutions with customer requirements announced the press release. Additionally, he will be responsible for field and customer-facing business operations, and collaborating on strategy.
“Blue Coat has successfully established itself as a market leader over the last three years by building an integrated portfolio of security solutions, aggressively acquiring companies to enhance that portfolio and delivering best-in-class threat protection,” said Clark. “Now is the time for us to drive expansion in the marketplace, and Mike is the best in the industry to help Blue Coat reach the next level of its growth.”
Fey assumes his new role from David Murphy, who will continue as a strategic advisor to Clark and the Board of Directors. Murphy joined Blue Coat following the privatization of the company and was instrumental in developing the company’s focused security and acquisition strategy to drive success in the market. Under his guidance, the company enjoyed double-digit revenue growth and increased its market share in its core security market segment while building the world’s largest cloud security offering.
“Over the last three years, Blue Coat has innovated to deliver advance malware detection capabilities integrated with a strong forensics solution that creates a powerful security offering that is unique in the market place. Blue Coat has also led the market around innovation in cloud security. I look forward to collaborating with the great team in place today to further extend this impressive solution set and drive additional marketplace growth,” said Fey.
