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Protegrity Appoints Industry Veteran Mark Novakovich as CFO

·3-min read

Protegrity’s Newly Expanded Leadership Team Will Accelerate the Next Phase of Company Growth

SALT LAKE CITY, October 27, 2021--(BUSINESS WIRE)--Protegrity, a global leader in data security, today announced that Mark Novakovich has joined Protegrity as chief financial officer. Novakovich brings extensive expertise building and leading global finance and accounting organizations to achieve financial and strategic objectives across a range of technology companies, from startups to fast-growing public entities. In his role at Protegrity, Novakovich will lead Protegrity’s global finance organization and oversee all financial functions, including accounting, financial planning and analysis, treasury, and tax.

"With its impressive data security technology platform and loyal base of enterprise customers, Protegrity immediately stood out to me – not only for the value it can drive for our existing customers, but also the untapped greenfield of companies who are looking for proven, affordable ways to secure and protect their data," said Novakovich. "It’s an exciting time to join the company and I look forward to collaborating with its world class team as we accelerate Protegrity into its next chapter of rapid growth."

Most recently, Novakovich was a member of the leadership team that guided Control4 to become the market leader in professionally installed smart home systems. He was instrumental in taking Control4 public in 2013, as well as later selling the business to a private-equity firm in a $680 million all-cash take-private transaction. Novakovich holds a Bachelor of Science degree in accounting from Brigham Young University.

"Mark joins Protegrity at a significant inflection point in growth, both within our company and as an industry," said Rick Farnell, president and CEO of Protegrity. "In response to the recent spike in data breaches and ransomware attacks across the globe, we’ve witnessed an incredible surge in demand for our modern data security solutions. As our business continues to grow, Mark’s deep experience will be critical to achieving our strategic goals during this next phase of expansion."

About Protegrity

Protegrity, a global leader in data security, protects sensitive data everywhere and future-proofs businesses as data-privacy regulations evolve. Maintaining privacy today across distributed data has become impossibly complicated. With Protegrity, enterprises can secure data wherever it resides, control how it’s protected, and have confidence that data is safe, even if a breach occurs. The Protegrity Data Protection Platform is a modern alternative to traditionally complex data-protection methods that leave gaps in security. Whether encrypting, tokenizing, or applying privacy models, Protegrity protects data at the speed of business. Deep integrations with Snowflake, Amazon Redshift, Teradata, Oracle, Microsoft SQL Server, Cloudera, Databricks, and many other enterprise applications ensure that data remains fully protected in hybrid-cloud, multi-cloud, and on-premises environments without performance penalties. The platform’s fine-grained data protection anonymizes personally identifiable information (PII) that’s used in AI and machine learning models, providing faster access to critical analytics data and dramatically shortening the time to business insights. Protegrity protects the sensitive data of more than two billion individuals across global enterprises, including four of the world’s 15 largest banks, four out of 10 of the top health insurance providers, and three of the world’s leading multinational companies. With more than two decades of industry-leading innovation, Protegrity allows businesses to finally tap into the value of their data and accelerate digital transformation timelines – without jeopardizing individuals’ fundamental right to privacy.

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Andrew Smith
Bhava Communications for Protegrity
+1 (310) 941-7251

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