Riverbed co-founder Kennelly retires; Paul Mountford takes charge as CEO

BANGALORE, INDIA: Riverbed Technology has announced the appointment of Paul Mountford to CEO, succeeding Jerry M. Kennelly, who is retiring after serving as CEO since co-founding Riverbed in 2002.

Mountford was appointed as Riverbed CEO following an internal and external search by the Riverbed Board of Directors. Mountford will assume the position of CEO immediately, and Kennelly will serve in an advisory role in April, supporting Paul and Riverbed during this leadership transition.

Mountford joined Riverbed nearly four years ago as SVP and Chief Sales Officer and has played a key role in the execution of Riverbed’s multi-year digital performance strategy, which has included several strategic acquisitions, organic development of digital performance and cloud-based features and functionality, and integration across multiple solutions.

Prior to Riverbed, Mountford was CEO of Sentillian, a New York-based web intelligence startup focused on monitoring publicly shared content. Mountford also spent 16 years at Cisco in senior leadership roles.

“I’m extremely proud of what our team has built at Riverbed the last 16 years, growing from a start-up to a billion-dollar company serving 30,000 customers and every Forbes Global 100 company,” said Kennelly. Today, Riverbed has a total addressable market surpassing $30 billion. “Paul has the experience, leadership capabilities, customer-focus, and passion to lead Riverbed through the next phase of growth while continuing to surpass our customers’expectations,” said he.