Imperva, a data security company, has appointed industry veteran Terry Schmid as chief financial officer (CFO). Schmid will be responsible for overseeing all finance, accounting, human resources (HR), IT, facilities and legal functions.
Schmid brings more than 20 years of financial leadership to the company, including CFO roles in both public and private companies, as well as experience preparing companies for successful public offerings. He joins Imperva from Coremetrics where he was CFO.
Prior to Coremetrics, Schmid was the executive vice president (EVP) and CFO at Enterasys Networks, where he helped return Enterasys to growth and profitability after it was taken over by a private equity firm in 2006. Before Enterasys, he was CFO at Turnstone Systems, a telecommunications company. Schmid was also part of the founding team at ONI Systems, where he helped raise US$125m in venture investments and helped guide the company to a successful initial public offering (IPO).
Schmid holds an MBA from the Fuqua School of Business at Duke University and a BA in Economics from the University of San Francisco.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.