Palo Alto Networks appoints Frank Calderoni to the Board of Directors

– USA, CA – Palo Alto Networks (NYSE: PANW), the next-generation security company, today announced the appointment of Frank Calderoni to the company’s board of directors. He also will be joining the board’s audit committee.

Mr. Calderoni brings more than 30 years of strategic business insight and technology experience. Since June 2015, he has served as executive vice president, operations and CFO of Red Hat Inc. From May 2004 to January 2015, he held various positions at Cisco Systems Inc., including executive vice president and CFO. Mr. Calderoni also held executive positions at QLogic Corp., SanDisk Corp. and IBM Corp. over a number of years. In addition to his newest appointment to the Palo Alto Networks board of directors, he currently serves on the boards of Adobe Systems Incorporated and Nimble Storage Inc.

“Frank Calderoni is a recognized authority on financial planning and strategy, and his expertise will be a welcome addition to our board of directors. His counsel will help us as we rapidly take market share and establish ourselves as a market leader.”- Mark McLaughlin, chairman, president and CEO, Palo Alto Networks

“Palo Alto Networks has experienced unprecedented growth in the cybersecurity industry and now stands as a top company in the enterprise security market. I am honored to be joining the board of directors, and I look forward to contributing to the team.” – Frank Calderoni, board member, Palo Alto Networks.

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