BEDFORD, MA , FEBRUARY 3, 2015 - RSA, The Security Division of EMC (NYSE:EMC), today announced Art Coviello's decision to retire from his post as Executive Chairman of RSA and Executive Vice President of EMC for health reasons effective February 28, 2015. Through a transition period, Mr. Coviello will serve as strategic advisor to RSA President Amit Yoran, who will remain in his current role while also assuming Mr. Coviello's responsibilities.
Mr. Coviello was the Chief Executive Officer of RSA Security Inc. prior to its acquisition by EMC Corporation in 2006. He joined RSA in 1995 and has been a driving force in its strategic evolution and rapid growth over the past 20 years. In that time, RSA grew from being a leader in authentication to a multi-dimensional company with leadership positions in GRC, Security Analytics, and Identity Management and saw its annual revenue increase from $25 million in 1995 to $1 billion in 2014.
Joe Tucci, Chairman and CEO, EMC Corporation
“Over the last two decades Art has made a vast and positive imprint on RSA and the security industry. His leadership and friendship will remain with us for many years to come. We're grateful for Art's contributions and consider ourselves privileged to remain close as he shifts his energies more toward his family and personal health.”
David Goulden, CEO, EMC Information Infrastructure
“Art brought to our business a rare capacity to foresee global security challenges and a clear insight into advanced security solutions to defend the digital world. He forged RSA's strategic direction during a time of rapid change in the security industry. We extend our thanks and best wishes to Art, and consider ourselves fortunate to have a leader of Amit Yoran's caliber to assume full leadership of RSA.”
Art Coviello, Executive Chairman, RSA, Executive Vice President, EMC
“I look back on my time at RSA and EMC with fond memories and can't help but feel extremely fortunate to have worked with some of the finest minds in the industry over the past 20 years. As I retire, I do so with the confidence that RSA is well positioned for even greater success in the future and in good hands with Amit Yoran as president. Now is the right time for me to step down to focus on addressing health concerns that have recently emerged and to be with my family.”
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
RSA helps organizations manage the risk of operating in a digital world. RSA solutions give customers improved visibility into their digital environments, the ability to detect, investigate and respond to advanced threats; confirm and manage identities; and ultimately, help prevent IP theft, fraud and cybercrime. For more information on RSA, please visit www.rsa.com.