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MarketScreener Homepage  >  Equities  >  Nyse  >  Slack Technologies, Inc.    WORK

SLACK TECHNOLOGIES, INC.

(WORK)
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Delayed Quote. Delayed Nyse - 11/25 04:10:00 pm
40.7 USD   +37.59%
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Slack Technologies : Sean Catlett Appointed Chief Security Officer of Slack

10/01/2020 | 09:10am EST

Security Leader with Deep Experience Protecting Users Across Global Financial Services, Consumer and Technology Organizations Joins to Scale Industry-Leading Security and Compliance Program

Slack Technologies, Inc. (NYSE: WORK) today announced the appointment of Sean Catlett as Slack’s Chief Security Officer. He will be responsible for protecting our organization and our customers’ data, ensuring that Slack is among the most secure and compliant channel-based messaging platforms for businesses and government agencies around the world.

Sean joins Slack from Reddit, where he served as Chief Information Security Officer. At Reddit, Sean built and grew the company’s dedicated Security and Privacy functions, protecting the site’s more than 430 million monthly active users around the world. In addition to a breadth of executive roles at industry-leading security software companies, Sean has held senior leadership roles securing some of the world’s largest financial institutions, including Fidelity Investments, Bank of America and Barclays. Sean holds five U.S. patents in machine learning in access governance, cybersecurity control framework development, data loss prevention, machine learning for intrusion detection and e-crime detection.

“With the global shift to remote work, the threat landscape is evolving faster than ever before,” said Cal Henderson, Slack Chief Technology Officer and co-founder. “Our customers have complex and rigorous security needs, particularly those in the financial services, health care and government sectors. Sean’s leadership experience at financial services, consumer and enterprise companies, as well as his deep technical expertise, will make him an invaluable partner to our executive team and our customers.”

“Slack is at the forefront of the rapid acceleration of digital transformation,” said Sean. “This transition to a new, distributed workforce centered around a digital versus physical headquarters is an exciting opportunity to apply my experience leading teams responsible for protecting critical information in high-stakes environments. This will be critical as Slack continues to grow, and as our customers continue to scale their usage of Slack internally and with trusted partners through Slack Connect.”

Sean will join Slack in October, where he will lead all security governance, risk management and compliance efforts. Slack's industry-leading security program uses a defense-in-depth, risk-based security model with controls to manage the physical, technical and administrative risks of our operating environment. Our security program certifies its service with ISO 27001, ISO 27017, ISO 27018, SOC 2 Type 2, SOC 3 and Cloud Security Alliance. Slack also helps customers meet specific industry regulations and international security and data privacy standards, including FINRA, HIPAA, FedRAMP, data residency and GDPR.

About Slack:

Slack has transformed business communication. It’s the leading channel-based messaging platform, used by millions to align their teams, unify their systems, and drive their businesses forward. Only Slack offers a secure, enterprise-grade environment that can scale with the largest companies in the world. It is a new layer of the business technology stack where people can work together more effectively, connect all their other software tools and services, and find the information they need to do their best work. Slack is where work happens.


© Business Wire 2020
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Financials (USD)
Sales 2021 877 M - -
Net income 2021 -336 M - -
Net cash 2021 888 M - -
P/E ratio 2021 -71,4x
Yield 2021 -
Capitalization 23 220 M 23 220 M -
EV / Sales 2021 25,5x
EV / Sales 2022 19,5x
Nbr of Employees 2 431
Free-Float 83,9%
Chart SLACK TECHNOLOGIES, INC.
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Slack Technologies, Inc. Technical Analysis Chart | WORK | US83088V1026 | MarketScreener
Technical analysis trends SLACK TECHNOLOGIES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 31,48 $
Last Close Price 40,70 $
Spread / Highest target -1,72%
Spread / Average Target -22,7%
Spread / Lowest Target -50,9%
EPS Revisions
Managers
NameTitle
Daniel Stewart Butterfield Chairman & Chief Executive Officer
Allen Sanghyun Shim Chief Financial Officer
Callum James Henderson-Begg Chief Technology Officer
John L. O'Farrell Lead Independent Director
Andrew G. Braccia Independent Director
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