IronNet Names Retired Admiral Mike Hewitt As New CEO

Portfolio - People | Jan 20, 2025 | C5 Capital Ltd

IronNet, an AI-based collective defense company specializing in cybersecurity, announced significant leadership changes with the appointment of RDML (ret) Michael Hewitt as CEO and Edward Newberry as Chairman of the Board. Hewitt, previously a board member and lead independent director since February, brings over three decades of experience from the U.S. Navy and a strong background in nuclear energy development. The leadership shake-up follows the company's transition to private ownership under C5 Capital, with former CEO Linda Zecher stepping down after executing the take-private deal. Hewitt will work closely with IronNet's executive team to advance its leadership in collective defense, particularly in the energy sector, while Newberry's expertise in public policy will support the company's global expansion, focusing on cybersecurity policy and expanding IronDome across the U.S. and the Middle East. These strategic changes aim to position IronNet to better navigate the evolving cybersecurity landscape and deliver cutting-edge solutions.

Sectors

  • Cybersecurity
  • Private Equity
  • Energy

Geography

  • United States – IronNet is based in the U.S., and the leadership changes emphasize expansion within the country.
  • Middle East – IronNet's expansion strategy includes growing its cybersecurity presence in the Middle East, highlighting its global focus.

Industry

  • Cybersecurity – IronNet operates in the cybersecurity industry, offering advanced real-time defense solutions against cyber threats for global, private, and public sectors.
  • Private Equity – The article discusses a leadership transition at IronNet, a portfolio company of private equity firm C5 Capital, highlighting the role of PE in corporate governance and growth strategies.
  • Energy – IronNet focuses on growth in the energy sector for its cybersecurity solutions, reflecting its strategic initiatives in a critical industry vulnerable to cyber threats.

Financials

    Participants

    NameRoleTypeDescription
    IronNetTarget CompanyCompanyA cybersecurity company providing AI-based collective defense solutions.
    C5 Capital Ltd.Private Equity FirmCompanyThe private equity firm that acquired IronNet and supports its strategic growth.
    RDML (ret) Michael HewittCEOPersonNewly appointed CEO of IronNet, bringing extensive military and nuclear energy experience.
    Edward NewberryChairman of the BoardPersonGlobal Managing Partner of Squire Patton Boggs, appointed as Chairman to guide public policy strategy.
    Linda ZecherFormer CEOPersonPrevious CEO who led IronNet's take-private transaction.