Network Security, Enterprise and Data-Center Firewall

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Executive Management

Ken Xie

Founder, Chairman of the Board and Chief Executive Officer (CEO)

A seasoned and successful entrepreneur, Ken Xie started his first network security company SIS in 1993, designing software firewalls while studying at Stanford University. In 1996, he realized the performance limitations of software firewalls running on PCs/servers, and then started NetScreen. As founder, president and CEO, he lead the company to develop the industry's first ASIC and dedicated hardware systems for high performance firewalls and VPNs. NetScreen (NASDAQ: NSCN) later was acquired by Juniper (NASDAQ: JNPR) for $4 billion. In 2000, after recognizing that firewalls and VPNs alone could not stop content and application network attacks such as viruses, intrusions, spam and malicious Web content, Ken founded Fortinet. Fortinet pioneered Unified Threat Management (UTM) - a market which Fortinet leads and has quickly grown to be among the largest segments in the network security space. Fortinet completed its IPO (NASDAQ: FTNT), which was lauded by Renaissance Capital as "2009 IPO of the Year."

Ken earned an M.S. degree in Electrical Engineering from Stanford University and B.S. and M.S. degrees in Electronic Engineering from Tsinghua University. He is a member of National Academy of Engineering; a state registered Professional Engineer; a member of Committee 100; and holds certificates of Advanced Project Management, Strategic Decision and Risk Management from Stanford University.

Michael Xie

Founder, President and Chief Technology Officer (CTO)

Michael Xie has more than 15 years of experience in the network security industry. Previously, he held positions Software Director and Architect for NetScreen. He was honored with 2009 Tech Innovator Awards by Everything Channel's CRN. He was also named a 2006 Northern California Entrepreneur of the Year by Ernst & Young and a Top Technology Innovator by VARBusiness Magazine in 2004. Michael has an M.S. degree in Electrical & Computer Engineering from the University of Manitoba as well as M.S. degrees in Automobile Engineering from Tsinghua University.

Andrew Del Matto

Chief Financial Officer (CFO)

Andrew “Drew” Del Matto brings over 20 years of financial management experience and expertise in the network security market. Prior to joining Fortinet, Drew held a variety of senior management roles at Symantec including serving as their acting Chief Financial Officer, as well as Senior Vice President and Chief Accounting Officer. Drew also served as Symantec’s Corporate Treasurer and Vice President of Finance Business Operations, responsible for all treasury functions, various aspects of mergers & acquisitions, pricing and licensing, financial planning and analysis, and revenue operations. Prior to Symantec, Drew previously held senior finance leadership roles with Inktomi Corporation and SGI Corporation, and began his career as a CPA in public accounting with KPMG LLP.

Peter Brant

Vice President, Americas Sales

Peter Brant brings to Fortinet over 15 years of sales and channel experience delivering innovative security solutions to global customers. Peter joined Fortinet as Vice President of Americas Enterprise Sales, during which time he strategically developed a channel based enterprise team that has been successful in developing an impressive customer base within the Fortune 100. Peter has been key in establishing Fortinet as the solutions thought leader in Healthcare, Education, Financial Services High Tech and Distributed Retail. Prior to joining Fortinet, Peter held Vice President of Americas Sales positions at Breach Security, AdmitOne Security and was a key management contributor to the early years of SonicWALL. Peter holds a Bachelor of Arts in Business Finance and Marketing Decision Sciences from Western Washington University.

John Maddison

Vice President, Marketing

John Maddison has more than 20 years experience in the telecommunication, IT Infrastructure and security industries. Previously he held positions as General Manager Data Center division and Senior Vice President Core Technology at Trend Micro. Before that John was Senior Director of Product Management at Lucent Technologies. He has lived and worked in Europe, Asia and the United States. John graduated with a Bachelor of Telecommunications Engineering degree from Plymouth University, United Kingdom.

Amanda Mallow

Vice President, Human Resources

Amanda Mallow has nearly 15 years of experience in Human Resources Management for the high-tech sector. She is responsible for leading Fortinet’s global Human Resources function. Prior to joining Fortinet, Amanda held the interim VP of Human Resources role for Xantrex Technology Inc. (acquired by Schneider Electric) where she played a pivotal role in developing leading edge Human Resources initiatives including compensation design, leadership training, recruitment and acquisition integration. Prior to Xantrex Technology, she managed organizational development at Creo Inc. (acquired by Kodak). Amanda holds a Bachelors Degree in Business Administration, with a concentration in Human Resources and Psychology from Simon Fraser University. She is also an active committee member of the Human Resources Technology Group in Vancouver, BC.

Patrice Perche

Vice President, International Sales and Support

Patrice Perche has nearly two decades of experience in the IT security industry. In his current position, Patrice is responsible for managing Fortinet's international sales and support operations in Europe, Middle East and Africa, and Asia. Prior to this, Patrice was vice president of EMEA sales at Fortinet and helped drive the company's sales into , Benelux, Spain, India and the Middle East region. Patrice has extensive experience in launching innovative security technologies into new markets and working closely with channel partners. Prior to joining Fortinet, he was co-founder and CEO of Risc Group, a French-based company focusing on IT Security with pan-European operations. Patrice graduated from Insa Lyon and holds a masters degree in computer engineering.

Michelle Spolver

Vice President, Corporate Communications & Investor Relations

Michelle Spolver has nearly 20 years of experience helping technology companies gain mindshare and market share through the development, management and implementation of public, analyst and investor relations programs, corporate reputation management, executive communications, and customer and channel marketing activities. Prior to joining Fortinet, Michelle was director of worldwide public relations for Check Point Software Technologies, where she was instrumental in growing the company's brand awareness through business, financial and industry trade press. Prior to Check Point, Michelle held senior public relations positions at Compaq Computer Corporation (acquired by HP) and Weber Shandwick Public Relations. Michelle earned a B.A. degree in journalism from California State University, Long Beach, and is a member of the National Investor Relations Institute (NIRI).

John Whittle

Vice President of Corporate Development and Strategic Alliances, General Counsel

John Whittle has over 15 years of experience managing a wide range of corporate development and legal matters for technology companies. Prior to Fortinet, John was Vice President, General Counsel for Corio, an enterprise application services provider, where he managed the company's legal matters, which included an initial public offering and acquisition by IBM. Prior to Corio, John was an attorney at Wilson Sonsini Goodrich & Rosati, representing technology companies in general corporate matters, mergers and acquisitions, and initial public offerings. John holds a BA degree in history from the University of Virginia and a JD, magna cum laude, from Cornell University.

Quick Facts

Year Founded


Stock Symbol


Fortinet IPO: Nov 2009


Sunnyvale, California

Number of Employees


Financial Highlights

FY 2014 Revenue: $770M
FY 2014 Billings:    $896M

Q2 2015 Revenue: $240M
Q2 2015 Billings:    $297M

$1.15B cash and no debt

First Product Release

May 2002

Units Shipped to Date

2.0 million+


247,000+ customers

Market Leadership

3rd Largest Network Security Appliance Vendor


243 patents issued

215 patents pending

Industry Accolades

200+ awards, including:

Security Product of the Year

Best Integrated Security Appliance

Best UTM

Best IPS solution

Top Mid-market Solution

5 ICSA security certifications

NSS recommended (FW, NGFW, IPS, ATP)

ISO 9001 certified

Corporate and Securities Counsel

Fenwick & West LLP

Mountain View, California


Deloitte Touche Tohmatsu

San Jose, California