Corero has adopted the Quoted Company Alliance Corporate Governance Code (the “QCA Code”). Corero’s compliance with the QCA Code was last reviewed on 26 February 2024.
The Corero Corporate Governance Statement can be accessed here.
The Company communicates with shareholders through the Annual Report and Accounts, full-year and half year announcements, the AGM and one-to-one meetings with institutional and material private shareholders and potential new shareholders. A range of corporate information (including all Company announcements and presentations) is also available to all shareholders, investors and the public on this Corero website.
The Board receives regular updates on the views of shareholders through briefings and reports from the Chief Executive Officer, Chief Financial Officer and the Company’s brokers. The Company communicates with institutional and material shareholders through briefings with management, and with retail shareholders and potential investors through investor conferences. The Company conducts regular updates to maintain an open dialogue with employees and reviews with customers as part of its strategy to maintain high levels of customer delight.
Chief Executive Officer
Non-Executive Chairman (appointed 6 August 2010)
Non-executive Director (appointed 22 May 2008)
Non-Executive Director (Appointed 1 June 2020)
Carl Herberger, CEO of Corero Network Security, brings over 25 years of cybersecurity leadership experience. As an internationally recognized expert, he has held executive roles at top security firms including Radware, Evolve IP, Allied InfoSecurity, and most recently as Principal Security Consultant and virtual CISO. Carl is a sought-after speaker and thought leader who has appeared on major broadcast outlets including Fox Business, CNN, and Bloomberg. His insights on cyber threats and security solutions are frequently published in outlets like The New York Times, The Wall Street Journal, and The Hill.
Among his many achievements, Carl received the Technology Executive of the Year award in 2019 and helped establish the US Air Force’s first cyber warfare unit during his time as an intelligence officer. As CEO, he leverages his deep expertise across all facets of cybersecurity to lead our corporate strategy and help our customers manage risk and build resilient systems capable of withstanding today’s cyber threats.
Jens Peter Montanana (Executive Chairman) is the founder and CEO of Datatec Limited, established in 1986. Between 1989 and 1993 Jens served as managing director and vice-president of US Robotics (UK) Limited, a wholly owned subsidiary of US Robotics Inc., which was acquired by 3Com. In 1993, he co-founded US start up Xedia Corporation in Boston, an early pioneer of network switching and one of the market leaders in IP bandwidth management, which was subsequently sold to Lucent Corporation in 1999 for $246 million. In 1994, Jens became CEO of Datatec Limited. Datatec Limited listed on the Johannesburg Stock Exchange in 1994 and on AIM in 2006. Jens has previously served on the boards and sub-committees of various public companies.
Peter George (non-executive director), has over 30 years’ experience in the IT networking and cybersecurity industry. Peter is CEO of Evolve Technology, Inc., a US based leader in human security screening. Prior to that, he was President and CEO of empow cybersecurity, a market innovator in AI, machine learning and advanced security analytics. Prior to empow, between 2008 to 2017, he was President and CEO of Fidelis Cybersecurity, a leading US-based Advanced Threat Defense business. Before joining Fidelis, Peter was President and CEO of Crossbeam Systems, a market leader in Unified Threat Management. Prior to that he was the President of Nortel Networks’ enterprise business where he was responsible for growing a $2 billion and 5,000 employee voice and data business in EMEA.
Richard Last (non-executive director) is a Fellow of the Institute of Chartered Accountants in England and Wales (FCA). Richard is a Chairman of the following AIM listed companies: Gamma Communications plc, a provider of voice, data and mobile services for the business market; and Tribal Group plc, a provider of software and services to the education management market. Richard is also a director of a number of private companies.
As Chief Technology Officer, Ashley Stephenson leads the company’s global DDoS mitigation solution strategy. A seasoned executive with a proven track record in the technology industry, he brings a notable record, having co-founded or led several technology companies as Chairman or CEO. An IT industry executive and Internet technology entrepreneur, Stephenson has operating experience in the United States, Europe and Asia. As CTO he drives Corero’s global strategy, focusing on the company’s growth by capitalizing on its market leading real-time DDoS mitigation offerings and strong blue-chip customer base.
Previously, Stephenson was CEO of Reva Systems, acquired by ODIN, and Xedia Corporation, acquired by Lucent. He was awarded “CEO of the Year” by the Massachusetts Telecommunications Council for his work at Xedia Corp.
In recent years he has spent the majority of his time providing strategic advisory services on the evolution of the global IT market.
Stephenson began his career at IBM Research & Development in the United Kingdom. For several years he taught Entrepreneurship as an Adjunct Professor in the Babson College MBA program. Stephenson has served on the Board of Directors of many venture-backed startups and industry consortia. He is a graduate of Imperial College, London with a degree in Physics and an Associate of the Royal College of Science. He is the holder of several U.S. patents.
Andrew Miller was appointed Interim COO on 1 March 2023. Andrew was until 31 May 2020 the CFO of the Company. He was until January 2022 the CFO and COO of C5 Capital Limited, an investment firm investing in the secure data ecosystem including cybersecurity, cloud infrastructure, data analytics and space, and CFO of the Haven Group, a private equity backed cyber security services provider. Prior to joining Corero Andrew was with the Datatec Limited group in a number of roles between 2000 and 2009 including the Logicalis Group Limited (‘Logicalis’) Operations Director and Corporate Finance and Strategy Director. Prior to this, Andrew gained considerable corporate finance experience in London with Standard Bank, West Deutsche Landesbank and Coopers & Lybrand. Andrew trained and qualified as a chartered accountant and has a bachelor’s degree in commerce from the University of Natal, South Africa.
Andrew is a Chartered Accountant with over 20 years’ experience in the technology industry. Duncan is responsible for the Company secretarial function and is also the Group Financial Controller. Prior to joining the Company, Duncan was Divisional Financial Controller for CCH, a Wolters Kluwer business, specialising in providing books, online information, software, CPD and fee protection to tax and accounting professionals. He is a fellow of the Association of Chartered Certified Accountants.
Phil joined Corero as CFO in November 2022, bringing over 15 years of finance and operational expertise to the Group. He is a fellow of the Institute of Chartered accountants. Phil joined Corero from Kambi Group plc, a Swedish-listed premium global sportsbook provider, working across the organisation for 6 years as SVP finance to oversee their growth and international expansion, including moving to Philadelphia to oversee the setup and delivery of their US facing service. Qualifying as an accountant with KPMG UK, and having spent one year in the German and two years in the Swedish respective KPMG organisations, Phil then joined Royal Dutch Shell as a financial controller where he spent two years prior to joining Kambi Group plc.