Red Canary, a prominent player in managed detection and response (MDR), has appointed Todd Chronert as its new Chief Revenue Officer (CRO) to spearhead continued growth and enhance global partnerships. This strategic move comes as Todd steps into the role previously held by Dennis Hon, who is retiring after nearly three years but will continue to offer his expertise in an advisory capacity during the fourth quarter.
With nearly two decades of experience in cybersecurity, Chronert has established himself as a leader in both domestic and international markets. His appointment is viewed as a significant boost for Red Canary’s executive team, particularly by President Katie Bullard, who highlighted Todd’s passion for cybersecurity and his proven ability to drive substantial revenue growth.
Chronert’s recent experience at Recorded Future, where he served as CRO and significantly increased annual recurring revenue (ARR) to over $300 million, showcases his capability in leading successful revenue strategies. His previous roles in cybersecurity firms like RSA, Secureworks, and Absolute Software further bolster his qualification for this new position.
Expressing his enthusiasm, Chronert remarked on joining Red Canary at a critical juncture, recognizing the company’s status as a pioneer in the MDR sector and its strong reputation among clients and partners alike.
Red Canary focuses on detecting and responding to threats across various sectors, providing security solutions for almost 1,000 organizations. Their commitment to identifying threats before they materialize or cause harm is central to their operational philosophy, promising an exceptional customer experience and advanced threat accuracy.
This leadership transition signals a hopeful future for Red Canary as they continue to strengthen their market position and expand their influence in the cybersecurity landscape. Todd Chronert’s extensive background may offer new opportunities for innovation and growth, further enhancing the company’s ability to protect organizations from evolving cyber threats.
In summary, with Todd Chronert at the helm of revenue initiatives, Red Canary is poised for a thriving future, reinforcing its mission to provide top-tier cybersecurity solutions.