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Riverbed Names Rich McBee as New President and CEO

Bridget Bisnette
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Riverbed is thrilled to announce the appointment of Rich McBee as our new President and CEO. Rich is formerly the President and CEO of cloud communications leader Mitel, and takes over from our interim CEO and ongoing Chairman of the Board, David Murphy.

Rich is a strong leader and strategist, and has a track record of driving business execution and performance and operational excellence. He’s also a champion for both customers and partners, and has worked closely with the partner community in his previous leadership positions. In Rich’s eight-year tenure with Mitel, he grew revenue from $500M to $1.35B, drove transformative innovation, and closed a dozen strategic transactions. As we focus on both our digital networking and digital experience management businesses, we have full confidence in Rich’s ability to lead us as we execute strategically in these markets and move decisively to win major market share.

Rich also brings excellent experience from stints at Danaher, where he led the Communications & Enterprise Group with a combined total annual revenue of $700M and increased the profitability of the company’s telecom segment by more than 20 percent. And as a long-time leader at Tektronix, Rich achieved 70 percent gross margin for his unit and 42 percent market share in the network monitoring business segment.

A sincere believer in Riverbed’s brand, technology and strategic direction, Rich will steer the course, continuing to execute on the strategy that produced excellent Q3 results and has set us up for a strong Q4 and 2020. He’s also planning on getting out extensively in the next several months and looks forward to meeting many of our partners as part of his travels.

Do not hesitate to reach out to your Riverbed channel sales manager if you have any questions regarding today’s news. We’ve included the press release on today’s announcement and Rich’s bio below if you’d like to share with your organization. Thank you for your partnership with Riverbed.

 

FOR IMMEDIATE RELEASE
 

Riverbed Names Rich McBee as New President and CEO

Industry veteran to drive expanded growth for Company’s Digital Networking
and Digital Experience Management solutions

SAN FRANCISCO October 22, 2019 – Riverbed®, The Digital Performance Company™, today announced that Rich McBee has been appointed President and CEO to drive continued momentum for the Company’s Digital Networking and Digital Experience Management businesses. McBee is the former President and CEO of Mitel, a global leader in business communications.

LinkedIn: Riverbed names Rich McBee as new President and CEO: https://rvbd.ly/2oa83k4

McBee is a trusted leader with more than 30 years of experience holding top leadership roles driving market expansion, revenue growth and operations excellence at a range of technology companies. He departed Mitel after leading the company through a period of strategic transformation, including driving Mitel’s industry consolidation strategy, completing a dozen strategic transactions. During his eight-year tenure as CEO, Mitel evolved from a premise-based PBX pioneer to be the market leader of Public and Private Cloud Unified Communications and Collaboration solutions.
“Rich is a strong leader and strategist, and has a solid track record of driving business execution and results. Riverbed has experienced strong performance recently and Rich is the right leader to continue our upward momentum, as well as bring the passion and dedication to operational excellence that he is well known for in the industry,” said David Murphy, Riverbed Chairman and Senior Operating Partner, Thoma Bravo. “I look forward to working with Rich and the Riverbed executive team as we continue to deliver against our strategy and drive growth in two very unique and growing markets: Digital Networking and Digital Experience Management.”

“Riverbed has a well-respected brand, a history of innovation and a strong customer installed base that is well-earned,” said Rich McBee, President and CEO, Riverbed. “Riverbed’s current technology portfolio and strategy opens up significant market opportunities for our Company, as organizations worldwide are looking to capitalize on their digital transformation investments and enhance the digital experience of their users. I’m looking forward to working with our experienced team to accelerate our execution and drive great outcomes for Riverbed, as well as for our partners and customers.”

Orlando Bravo, Thoma Bravo Founder and Managing Partner, said, “Rich McBee has the ideal skills and experience to lead Riverbed through this next phase of growth while driving operational excellence. We are fully committed to Riverbed’s success, and look forward to continuing to deliver great value to Riverbed’s customers and partners, and maximizing the Company’s full potential in a $20 Billion total addressable market.”

Prior to transforming Mitel into a leading global provider of unified communications, McBee served as President of the Communications and Enterprise Group of Danaher Corporation. In this role, he was responsible for annual sales derived from carrier, enterprise, and SMB markets via both direct sales and channel partners. McBee joined Danaher in 2007 when they acquired Tektronix Communications, where he had worked at since 1998 in a variety of leadership positions including: Senior Vice President and General Manager, Communications Business Unit; Senior Vice President of Worldwide Sales, Service and Marketing; and Vice President of Marketing and Strategic Initiatives.

McBee holds a Master’s Degree in Business Administration from the Chapman School of Business and Economics and graduated from the United States Air Force Academy with a Bachelor of Science in 1986.

The Riverbed Board of Directors conducted a thorough search for the new CEO. Prior to McBee’s appointment, Riverbed Chairman David Murphy took on the interim role of CEO.

Riverbed is a portfolio company of Thoma Bravo.

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About Riverbed

Riverbed®, The Digital Performance Company™, is united in our purpose of Advancing the Human Experience in the Digital World. Behind every digital experience is a human one, and Riverbed enables organizations to measure digital experiences and maximize digital performance so they can deliver better and more powerful human experiences — for customers, employees, partners, patients, and citizens. Riverbed’s Digital Performance Platform includes a combination of Digital Experience Management and Digital Networking solutions that ensure superior digital and user experiences, provides new levels of operational agility and accelerates business outcomes. Riverbed’s 30,000+ customers include 100% of the Forbes Global 100. Learn more at riverbed.com.

Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.

MEDIA CONTACT
Shawn Dainas
Riverbed Technology
(415) 527-4537
shawn.dainas@riverbed.com

Rich McBee
President and Chief Executive Officer
Riverbed Technology
Rich McBee was appointed President and CEO of Riverbed Technology in October 2019. McBee brings more than 30 years of experience holding top leadership roles driving market expansion, revenue growth an operations excellence at a range of technology companies.

Prior to joining Riverbed, McBee served as President and CEO for Mitel, leading strategy, business performance and worldwide execution where he transformed the company into a leading global provider of cloud communications. Previously, McBee served as President of the Communications and Enterprise Group of Danaher Corporation. In this role, he was responsible for annual sales derived from carrier, enterprise, and SMB markets via both direct sales and channel partners. McBee joined Danaher in 2007 when they acquired Tektronix Communications, where he has worked since 1998 in a variety of leadership positions including: Senior Vice President and General Manager, Communications Business Unit; Senior Vice President of Worldwide Sales, Service and Marketing; and Vice President of Marketing and Strategic Initiatives.

McBee holds a Master’s Degree in Business Administration from the Chapman School of Business and Economics and graduated from the United States Air Force Academy with a Bachelor of Science in 1986.

 

 

 

 

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