BOSTON, Nov. 28, 2016 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of data analytics solutions for IT and security professionals, today announced the appointment of Jeff Kalowski as the Company's chief financial officer (CFO), effective January 9, 2017. He replaces Steven Gatoff, who joined Rapid7 at the beginning of 2013, and announced his planned departure in August 2016. Mr. Kalowski is a seasoned executive with over 30 years experience in public accounting and the high tech industry. His most recent position was CFO at Imprivata, another Boston-based cybersecurity company, where he served as a member of the senior management team responsible for the Company's rapid growth from a venture-backed start-up, to its IPO and subsequent sale to Thoma Bravo, LLC, a leading private equity investment firm. Mr. Kalowski brings a wealth of experience to Rapid7, where he will take the financial helm to drive the Company's growth and profitability. "It is a tremendous opportunity to join Rapid7 at such an exciting time," said Mr. Kalowski. "The Company is well positioned to achieve high growth due to its focus on innovation and customer commitment, and the strong demand for security and IT solutions. I'm looking forward to working with this phenomenal team to drive scale and operational leverage into the business to achieve the Company's financial objectives." Mr. Kalowski will report directly to Rapid7 president and chief executive officer, Corey Thomas, who said, "Jeff will be a key member of our executive team as we execute on our strategic vision and drive the next phase of our global growth. His proven track record of success, financial expertise, and outstanding leadership qualities - combined with his collaborative approach - will be an invaluable addition to our organization." Prior to joining Rapid7, Mr. Kalowski served as CFO of Imprivata since 2007, and took the Company public in June 2014. His previous CFO roles include ProfitLogic, Inc., where he was responsible for all the financial and administrative operations, from its early stages through rapid growth to profitability, and ultimately its acquisition by Oracle; and Torrent Systems, where he facilitated the company's acquisition by Ascential Software. Previously, he held CFO positions at a variety of hardware, enterprise software, and interactive entertainment technology companies, namely, Looking Glass Technologies, Beyond Incorporated, Magna Computer Corporation, and Cadmus Computer Corporation. He also held a role as audit manager at the accounting firm Price Waterhouse.
