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CLEARWATER — KnowBe4, a leading provider of security awareness training and a widely used simulated phishing platform, has promoted two top executives to a co-president role.
According to a press release, CFO Krish Venkataraman and Chief Revenue Officer Lars Letonoff will retain their current responsibilities in addition to becoming co-presidents of the rapidly growing, privately held firm, which is valued at $800 million and posted revenue growth of 54% in the fourth quarter of 2019 compared to the fourth quarter of 2018.
“Since joining our organization in 2018, Krish has attracted world-class investors, helped us achieve some of our best financial metrics to date and dramatically improved our approach to finance by applying big data strategy and insights," KnowBe4 CEO Stu Sjouwerman states in the release. "With his skill in driving strategic outcomes, in his expanded role as co-president, Krish will be instrumental in getting the laying the groundwork for the organization's future and effectively communicate to the investor community."
Letonoff, the release states, has been with Clearwater-based KnowBe4 since it was founded in 2011.
“Having 15 years of Wall Street experience and currently being head of global sales, Lars built our customer base from less than 100 to more than 31,000 client organizations around the globe and helped us achieve 27 straight quarters of growth, an unprecedented achievement in our industry," Sjouwerman adds, via the release. "He knows our industry, our organization, and our customers. Together, Krish and Lars are the right leaders, at the right time, to further build and communicate KnowBe4's leadership position and set the stage for our next chapter."
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