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Darktrace
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== Management == {| class="wikitable" |+Table 9: Leadership Team<ref name=":8" /> !Name !Position !Biography |- |Poppy Gustafsson OBE |Chief Executive Officer | * CEO of Darktrace since 2016. Previously served as the company’s CFO * Joined Darktrace in November 2014 * Previously worked for Autonomy (Corporate Controller) * Qualified chartered accountant |- |Catherine Graham |Chief Financial Officer | * CFO of Darktrace since February 2020 * Previously CFO at 2U and CFO and Executive Vice President of Online Resources Corp * Education: MBA from Loyola University Maryland and a BA in Economics from the University of Maryland |- |Jack Stockdale OBE |Chief Technology Officer | * Joined Darktrace at founding * Chief Architect at Invoke during 2012-13 and at blinkx (acquired by Autonomy) from 2006-11 * Technical director at Autonomy during 2002-06 * Education: degree in Computer Science from Lancaster University |- |Eloy Avila |Chief Technology Officer, Americas | * Over 14 years’ experience in enterprise software * Previously VP sales engineering at Imperva and CTO at Autonomy * Education: degree in Electrical Engineering from Stanford University, California |- |Nicole Eagan |Chief Strategy Officer, AI Officer | * Joined Darktrace in November 2014. Previously served as the company’s CEO * Previously worked for Autonomy (CMO), Oracle, and early to late-stage growth companies |- |Emily Orton |Chief Marketing Officer | * One of the founding members of Darktrace * Previously Head of Marketing EMEA at Autonomy * Education: MA in Modern Languages from the University of Cambridge |- |Nick Trim |Chief Operations Officer | * Part of the founding team at Darktrace. Became Chief Operations Officer in 2020, prior to which he was responsible for the commercial team * Previously led a cyber security consultancy and a speaker and coach on the topic of economic espionage * He had a long and distinguished career in the intelligence community |- |Mike Beck |Global CISO | * Joined Darktrace in 2014. Previously developed the cyber analyst operation * 18 years working in technology, security and risk operations * Previously held various roles at GCHQ and ran cyber defensive operations for UK government * Education: first-class degree in Computer Science from the University of Plymouth |- |Dave Palmer |Chief Product Officer | * Over 13 years’ experience at the forefront of government intelligence operations * Previously worked across UK intelligence agencies GCHQ and MI5, where he was responsible for delivering mission-critical infrastructure services * Advisor to cyber security start-ups and growth-stage companies from the UK Government’s Cyber Security Accelerator and CyLon * Education: first-class degree in Computer Science and Software Engineering from the University of Birmingham |- |James Sporle |General Counsel | * Previously worked at Linklaters, BP, Just Eat plc Education: Law degree from St Catharine’s College, Cambridge, and a Law Diploma from Nottingham Law School |- |Al Martin |SVP, Customer Success | * Prior to Darktrace, worked at HP where he was responsible for the creation and growth of the HP Professional Services Solutions organization * Previously worked at Autonomy * Education: first-class degree in Computer Science from the University of Sheffield |} === Reputational risks and potential liability due to links to Autonomy/Invoke === JP Morgan refers readers to the Darktrace prospectus (available here) [note that this document is only available to certain persons and in certain jurisdictions] for a detailed overview of the key risks associated with Darktrace’s links to Autonomy/Invoke. JP Morgan presents some excerpts below: HP completed the acquisition of Autonomy in Oct-11 (purchase price ~$11bn). In Nov-12, HP wrote off a significant portion of the value of Autonomy ($8.8bn) and announced allegations that ‘Autonomy artificially inflated its reported revenues, revenue growth and gross margins.’ Mike Lynch (founder and former CEO, Autonomy), Sushovan Hussain (former CFO, Autonomy) and Stephen Chamberlain (former VP Finance, Autonomy) have been charged in the US for their role in unlawful activities related to the sale of Autonomy to HP in 2011 and subsequent related matters (Mr. Hussain was convicted at trial in Apr-18, while Mr. Lynch will file an appeal against his extradition to the US (source). Invoke Capital, founded in 2012 by Mr. Lynch, Mr. Hussain and other former Autonomy executives, invested in Darktrace upon inception and funded its operations during 2013-15 by way of loans. Mr. Lynch, Mr. Hussain and other Invoke employees provided management advice to Darktrace, pursuant to a Supply of Services agreement between Invoke and Darktrace (which was terminated at IPO in Apr-21). Mr. Lynch was a non-executive director at Darktrace, member of Darktrace’s Advisory Council and until recently was part of Darktrace’s Science and Technology Council (Mr. Lynch stepped down from this role in Feb-22). Mr. Hussain resigned as the non-executive director of Darktrace in Nov-16. Mr. Chamberlain joined Darktrace as an employee in 2016 and is currently on administrative paid leave. A number of current senior executives at Darktrace (including CEO, CTO, CMO and CSO) are ex Autonomy/Invoke employees. As noted in the Darktrace IPO prospectus, the company may face reputational risk arising out of unlawful, and allegedly unlawful, activities in connection with the sale of Autonomy and related matters. In addition, Darktrace noted that it may face potential liability arising out of its historical funding by Invoke.
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