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Absolute Software Appoints Matt Schoenfeld As Chief Revenue Officer

Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in Endpoint Resilience™ solutions, today announced the appointment of Matt Schoenfeld as Chief Revenue Officer. Matt will join Absolute’s executive management team in mid-June 2021 and will report to Christy Wyatt, President and CEO. Matt will oversee all revenue-generating activities at Absolute, including the global sales organization, sales operations, channel partnerships and development, and customer experience.

Matt brings to Absolute more than two decades of sales leadership in the cybersecurity and enterprise SaaS space, and a track record of developing high-performing sales teams and a customer-first culture across all go-to-market teams. Matt most recently served as an Executive in Residence at Greylock Partners, a leading venture capital firm based in Silicon Valley, where he consulted on a large portfolio of cybersecurity and other companies. Prior to that, Matt spent five years in a leadership role at FireEye, Inc., where he drove rapid growth for the Americas business, overseeing a 350-person team and delivering approximately $500 million in revenue over his tenure. Prior to that, Matt held multiple sales leadership positions at leading enterprise software providers, including VMware and DynamicOps.

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Sean Maxwell, Absolute Software’s current Chief Commercial Officer, will continue to lead Absolute’s sales organization through the company’s June 30, 2021 fiscal year-end and will be leaving Absolute in the coming months following a transition period.

“There has never been a more exciting time at Absolute, and I am delighted to welcome Matt – he is joining us at a time of increased momentum, as we continue to see revenue growth from strong demand for Endpoint Resilience and our unique hardware embedded self-healing capabilities, and expansion of our global partner ecosystem, together with a broad set of new go-to-market channels with the pending acquisition of NetMotion. Matt brings deep leadership experience and a proven record of scaling high-growth cybersecurity companies,” said Christy Wyatt, President and CEO. “I also want to convey my sincere thanks and gratitude to Sean Maxwell for his unwavering support and dedication to Absolute during his more than five-year tenure as Chief Commercial Officer. His relentless focus on our customers was instrumental in our ability to achieve historical milestones and drive growth in recent years.”

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“We’re at a significant inflection point in the security industry – where almost every organization is re-tooling their cybersecurity strategy to not only support a hybrid and remote workforce, but also to ensure their devices, data and applications are secure and resilient against the expanding cyber threat landscape we’re facing,” said Matt Schoenfeld. “I’m thrilled to join Christy and her leadership team at this time to help empower Absolute’s customers with self-healing solutions that provide intelligence and resilience across their organizations.”

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