Pete Harteveld becomes Exabeam CEO as company posts strong growth
Pete Harteveld has been appointed as Chief Executive Officer at Exabeam following the retirement of Chris O'Malley.
O'Malley's retirement comes after three years in the role, concluding more than three decades in executive leadership positions. The leadership change is being implemented as Exabeam reports strong recent financial results, highlighted by double-digit growth in bookings for both the last quarter and year-over-year comparisons.
Harteveld previously held the role of Chief Revenue Officer at Exabeam and has more than 20 years of experience in cybersecurity and technology. He has established a track record of scaling revenue and building high-performing global teams throughout his career.
Leadership transition
"After three years leading Exabeam, the decision to retire is deeply personal. With the company delivering two of the strongest quarters in our history, I am confident the timing is right for this transition. The business has the wind beneath its wings, and I know Pete is the right leader to guide Exabeam into its next chapter," said O'Malley.
O'Malley will remain engaged at Exabeam through the fourth quarter of 2025 to support the transition process.
Harteveld steps into the chief executive role with a pledge to continue the company's trajectory. Addressing employees and stakeholders, Harteveld stated:
"I am honoured to step into the role of CEO at such a pivotal moment in Exabeam's journey. Thanks to Chris' leadership and the dedication of our employees worldwide, the company is operating from a position of incredible strength. I look forward to building on that foundation, driving continued growth, and ensuring we deliver unmatched value to our customers and partners."
Recent company developments
In July 2024, Exabeam merged with LogRhythm to combine technologies and data aimed at delivering an AI-driven security operations platform. The platform supports security information and event management (SIEM) as well as user and entity behaviour analytics (UEBA) solutions, based on the companies' stated objectives.
Exabeam reports having delivered over 400 AI innovations during the past year. Notable developments include the launch of Exabeam Nova and tools for insider threat detection for AI agents in partnership with Google Cloud. According to the company, these advancements are designed to shift security operations from a reactive to a proactive, outcomes-driven model.
The company announced its 14th consecutive quarterly product update on 1 October 2025. The focus of the latest enhancements is to further support security leaders by offering resources designed to justify investment and demonstrate the value of security operations centres.
Exabeam's strong financial performance over the past two quarters, with both quarter-over-quarter and year-over-year double-digit bookings growth, is cited as evidence of the company's current market momentum and the adoption of its business strategy.
Future direction
With the leadership transition underway, Harteveld is expected to draw on his experience to continue Exabeam's focus on growth and product development within the cybersecurity sector. The company has reaffirmed its strategy around intelligence and automation as key pillars of its ongoing business objectives.
Exabeam's stated plans include continued investment in AI-driven security operations and ongoing support for global teams in counteracting cyberthreats, mitigating risk, and optimising processes for security operations centres.
