Snyk brings in new CEO to help lead future expansion

Sometimes it makes sense to bring in a more experienced executive to guide a fast-growing startup, and that is what Snyk announced it's doing today, shifting founder/CEO Guy Podjarny to president and chairman of the board, while bringing in board member and investor Peter McKay as CEO. The two talked about having a good working relationship, something that Podjarny said was essential to this transition. As important as the working relationship between the two is going to be, McKay brings an executive pedigree that includes stints as co-CEO at Veeam and general manager of Americas at VMware, where he managed an operation with $4 billion in annual revenue.