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Michael R. Cote to Retire as Secureworks CEO; Board Appoints Wendy K. Thomas as Next President & CEO

Secureworks® (NASDAQ:SCWX), a global leader in cybersecurity, today announced that Chief Executive Officer Michael R. Cote is retiring as CEO and a member of the Secureworks Board of Directors, effective Sept. 3, 2021. The Secureworks Board of Directors unanimously appointed Wendy K. Thomas, Secureworks' current President of Customer Success, as the company's next President and Chief Executive Officer, effective Sept. 3, 2021.

"Wendy is a proven and respected leader who has been the driving force of our company's transformation," said Mr. Cote. "Her deep knowledge of our business has made her a valued strategic partner for many years, and throughout her tenure she has delivered strong operating results and innovative solutions through a relentless commitment to our customers, our purpose, and our people. I am confident she will lead Secureworks well into the future and I am proud to have her succeed me. I know she will make an outstanding CEO."

Mr. Cote has had a remarkable career at Secureworks. He joined the company in 2002 as Chairman, President and Chief Executive Officer, developing the company's reputation as a leader in the security industry with a global presence in over 60 countries and 4,000+ customers.

"It has been my honour to lead this company for the past two decades, and I am proud of all we accomplished to create a safer, more secure world for our customers and their customers," Mr. Cote continued. "I've made lasting friendships and I am fortunate to have worked with the best people in the industry. I look forward to celebrating their continued success."

In 2011, Mr. Cote led Secureworks' acquisition by Dell Technologies, establishing a continued relationship with the organisation and with Michael Dell, who has been chairman of Secureworks Board of Directors since Secureworks' IPO in 2016.

"I've had the privilege of working with Mike for over a decade, witnessing first-hand his leadership and devotion to Secureworks' purpose and customers," said Mr. Dell. "On behalf of the Board, we thank Mike for his contributions and congratulate Wendy as Secureworks' next President and CEO. Wendy has worked closely with the Board over the years and we are confident that she is the right person to lead Secureworks into a bright future."

Ms. Thomas first joined the Secureworks finance team in 2008, quickly expanding into leadership roles across strategy, operations, product, and customer success.

"I know that I speak for everyone at Secureworks in thanking Mike for his leadership and tireless dedication to the company," said Ms. Thomas. "I appreciate the support of Mike and the Board, and I am proud to work with an exceptional team that is focused on taking decisive actions to transform cybersecurity.

"At the end of the day, our transformation is much more than moving from a services provider to a software-led company. It is about being customer-led and proactively addressing the tremendous market opportunity in security. Our customers look to us for solutions that reduce their risk and effectively protect their organisations against a constantly evolving threat landscape, and we are uniquely positioned to help them and unlock future growth opportunities with our deep bench of security expertise, our singular focus on software-driven security, and our customer-centric solutions that solve security's toughest challenges."

About Wendy K. Thomas

Ms. Thomas leverages more than 25 years of experience in strategic and functional leadership roles. She's worked across multiple industries at companies such as FirstData, Bell South, and Internap Network Services, Inc.

During her career at Secureworks, Ms. Thomas has partnered with Mr. Cote on several milestones including the acquisitions of Verisign's Managed Security Services (MSS) business and DNS, as well as the acquisition by Dell Technologies and the IPO. In 2017, she recognized Secureworks' unique opportunity to leverage its experience and threat intelligence to help customers transform their security operations with an integrated, cloud-native security analytics platform. As Chief Product Officer, Ms. Thomas led the team to develop Secureworks Taegis™ and launched Secureworks' first security analytics product, Secureworks Taegis™ XDR, in April 2019. She has been instrumental leading Secureworks' strategy to empower the global security community and beat the adversary at scale with a software-driven approach grounded in our security expertise.

As President of Customer Success, Ms. Thomas led the customer success organisation, which encompasses product and engineering, operations, customer experience, and Secureworks' threat intelligence-focused Counter Threat Unit™. Recently, Ms. Thomas was recognized in the number one position in The Software Report's "Top 25 Women Leaders in Cybersecurity of 2021." Outside of Secureworks, she serves as a Liaison for AFS Intercultural Programs, an international youth exchange organization.

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