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Kaseya, the leading global provider of AI-powered cybersecurity and IT management software, today announced CEO Fred Voccola will step up into the role of vice chairman. Voccola will focus on long-term innovation and strategy while helping the board hire a new CEO to run day-to-day operations as Kaseya enters its next phase of growth and lays the foundation for a potential public offering.
In 10 years under Voccola’s leadership, Kaseya has achieved remarkable growth, solidifying its position as the clear market leader for small business IT and security. Since 2015 the company has grown from a single-product provider into a comprehensive platform with over $1.5 billion in annual recurring revenue (ARR).
Kaseya’s mission to deliver a purpose-built, fully integrated platform for multifunctional IT professionals culminated in the 2024 launch of Kaseya 365. This unified subscription service offers the essential tools IT professionals need in a complete and cost-effective package. In the last 12 months the company also strengthened its industry-leading team with the additions of new executives in the roles of CFO, CMO, and CHRO, along with elevating several key internal leaders.
Voccola Transitions to Vice Chairman Role At ‘The Right Time’
“With Kaseya coming off the strongest quarter and year in our history, now is the right time for me to step up into the role of vice chairman and hand over operating responsibilities to a new CEO,” said Voccola, in a press statement. “It has been the honor of my professional life to lead Kaseya and work alongside the talented team that has driven our success.”
“Kaseya’s growth and transformation has been extraordinary,” said Mike Triplett, managing director at Insight Partners, in a press statement. “Fred’s transition to vice chairman will enable him to focus on the long-range innovation and go-to-market strategies that will ensure Kaseya’s long-term success and prepare the company for a potential IPO.”
Kevin Thompson, current Kaseya board member, will play a key role in the transition, working closely with Voccola to identify the company’s next CEO. Thompson said,
“Kaseya’s future is incredibly bright, and I’m excited to work with Fred and the board to identify a new leader who will guide the company through this transformative period.”
