TEMPE, AZ - As LifeLock continues its rapid ascent as the industry leader in the field of identity theft protection, the company is expanding its executive staff to meet its needs as it looks toward continued strategic development. Today, the organization announces the latest addition to its executive team, Robert Krakauer, who joins LifeLock as Chief Financial Officer.
With more than 20 years of experience in financial leadership, including more than a decade of experience in the technology sector, Mr. Krakauer will help LifeLock strengthen its financial performance as it prepares to meet the rising demand from consumers for its services. Additionally, Krakauer will be responsible for developing and maintaining a strong internal control structure, developing financial practices that help improve execution and preparing financial and accounting systems that support next stage of growth.
“Our organization is now stronger and better prepared for the future because Bob has joined our executive team,” said Todd Davis, LifeLock CEO. “As CFO, Bob will be the driving force behind our strategic business practices that will allow our organization to continue our hyper-growth and meet the needs of consumers.”
Prior to coming to LifeLock, Krakauer served as President and CFO for MagnaChip Semiconductor in Seoul, Korea and served as the Executive Vice President, Corporate Operations and Chief Financial Officer for Chippac, Inc. in Fremont, California which he helped go public on NASDAQ. Krakauer also held an executive leadership role in finance and business development for AlliedSignal after more than a decade of experience in different financial leadership roles for several leading California companies.
Founded in 2005, LifeLock is an industry leader in proactive identity theft protection. The organization has a strong focus on educating consumers and working with law enforcement and elected officials to better understand the increasing threats of identity theft. A multiple award-winning organization, LifeLock has most recently been recognized as a Best Place to Work by the Phoenix Business Journal. LifeLock (www.lifelock.com) is a private company backed by Bessemer Venture Partners, Goldman Sachs and Kleiner Perkins Caufield and Byers.
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