$9 billion startup Tanium brings back its cofounder as CEO amid AI upheaval
Orion Hindawi, cofounder of $9 billion cybersecurity startup Tanium, returns as CEO, as Dan Streetman steps down. Tanium also made some job cuts.
Tanium, a $9 billion cybersecurity firm, has appointed its cofounder Orion Hindawi as its new CEO, replacing Dan Streetman who stepped down after less than four years in the role. The company has also undergone a small round of job cuts, affecting around 35 employees in research and development. Amidst the AI upheaval reshaping software companies, Tanium plans to expand its AI offerings and autonomous capabilities.
Hindawi's father and another cofounder, David Hindawi, will return as chair of the board, while Streetman leaves the company's board. The $9 billion cybersecurity company, which has stayed private since its founding in 2007 and was last valued at $9 billion in 2020, has been facing increased competition from AI. Tanium's CEO, Orion Hindawi, stated that AI has made what the company does more critical than ever.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
