Forcepoint Stock Soars 8% on Key Executive Hires

On March 24, 2025, CISO Global's pre-market trading saw a notable rise, indicating a positive sentiment among investors. This surge comes amidst a backdrop of heightened cybersecurity concerns and strategic moves within the industry.

Forcepoint, a leading data security specialist, has bolstered its executive team with key appointments, including Guy Shamilov as the new Chief Information Security Officer (CISO). Shamilov brings over two decades of industry experience and a proven track record in cybersecurity leadership. His role will focus on embedding a robust cybersecurity culture within Forcepoint's operations and strategy. This move is part of Forcepoint's broader initiative to enhance its AI-driven Data Security Everywhere strategy, which aims to provide comprehensive data security solutions across hybrid and AI environments.

In addition to Shamilov, Forcepoint has appointed Bakshi Kohli as the Chief Technology Officer (CTO) and head of global engineering. Kohli's extensive experience, including his role at Zscaler, where he contributed to the company's IPO and significant revenue growth, will drive Forcepoint's architectural vision and lead its global engineering teams. Naveen Palavalli, who has been with Forcepoint since April 2024, has seen his role expanded to include Chief Product Officer (CPO) and Chief Marketing Officer (CMO). Palavalli's leadership will focus on product strategy, roadmap, and marketing, leveraging his 25 years of cybersecurity experience to drive innovation and customer security postures.

These strategic hires underscore Forcepoint's commitment to unifying visibility and control across the data security lifecycle. The company's mission to simplify security for enterprises and governments through AI automation is further reinforced by these appointments. As the industry continues to evolve, Forcepoint's enhanced leadership team is poised to drive growth and innovation in unified data security, positioning the company as a leader in the field.