Imperva Expands Executive Team With New Chief Financial Officer

SAN FRANCISCO, Dec. 6, 2010 /PRNewswire/ -- Imperva, the global leader in data security, announced today the appointment of industry veteran Terry Schmid as the company's Chief Financial Officer. Schmid will be responsible for overseeing all finance, accounting, HR, IT, facilities and legal functions. The company also announced the addition of Scott Darling as the new Vice President, General Counsel and Corporate Secretary. As such, Darling is responsible for managing and directing all of Imperva's legal matters.

"We're excited to have both Terry and Scott join the management team at Imperva," said Imperva president and CEO Shlomo Kramer. "Their experience working with growing technology companies as well as large enterprise will be an asset to Imperva as we continue to expand our global footprint and increase our marketshare."

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. Schmid joins Imperva from Coremetrics where he was CFO. Prior to Coremetrics, he was the EVP and CFO at Enterasys Networks where he helped return Enterasys to growth and profitability after it was taken private by a private equity firm in 2006. Before Enterasys, Schmid was CFO at Turnstone Systems, a publicly traded telecommunications company. Schmid was also part of the founding team at ONI Systems, where he helped raise $125 million in venture investments and helped guide the company to a successful IPO.

Darling joins Imperva from Danger, Inc., and later as a senior attorney with Microsoft's mobile communications business. Darling was responsible for all legal affairs at Danger, including Danger's IPO filing and subsequent $500 million acquisition by Microsoft. Darling started his career as an associate at Gunderson Dettmer in Menlo Park, CA representing technology companies in intellectual property transactions, venture capital financings and general corporate matters.

"Imperva is led by a team of industry veterans with real insight on where the market is heading and tested technology expertise in data security," said Schmid. "I'm excited to join such an accomplished group and look forward to working with them as we innovate new solutions and expand the company."

Schmid holds an MBA from the Fuqua School of Business at Duke University and a BA in Economics from the University of San Francisco. Darling holds a law degree from the University of Michigan and an undergraduate degree from Yale University.

About Imperva

Imperva is the global leader in data security. With more than 1,300 direct customers and 25,000 cloud customers, Imperva's customers include leading enterprises, government organizations, and managed service providers who rely on Imperva to prevent sensitive data theft from hackers and insiders. The award-winning Imperva SecureSphere is the only solution that delivers full activity monitoring for databases, applications and file systems. For more information, visit www.imperva.com, follow us on Twitter or visit our blog.

SOURCE Imperva