SteelEye hires Christopher Pennington as Chief Revenue Officer amid growth in US and APAC
“I am incredibly excited to be joining SteelEye at this critical point, as the firm expands in the US and eyes growth opportunities in APAC and beyond.”
SteelEye has appointed Christopher Pennington as Chief Revenue Officer to strengthen the compliance technology and data analytics firm’s customer engagement and commercial functions.
The seasoned and esteemed commercial professional with a proven track record of driving high-growth sales organizations has more than 30 years of experience in Big Tech, having held senior roles at Microsoft and Google.
Christopher Pennington joins SteelEye after working at some of the industry’s most iconic brands across America, Europe, and Asia, including Sun Microsystems, Microsoft, Palo Alto Networks, and Google.
At SteelEye, he will be responsible for all SteelEye commercial revenue streams, focusing on delivering high-value and impactful propositions to clients. He will report to SteelEye’s CEO, Matt Smith, and will join the company’s executive management team.
“We now seek to drive revenue growth”
Matt Smith, CEO of SteelEye, commented: “The SteelEye executive management team encompasses an abundance of specialist RegTech and financial services expertise, crucial to our success to date. We believe firmly in the value of diverse perspectives, including professional backgrounds. Christopher’s experience and achievements with several Big Tech firms will be invaluable as we now seek to drive revenue growth. I am delighted to have secured someone of his calibre. Christopher’s appointment will bolster our executive team and enhance our revenue generation as we transition from start-up to scale-up. I have no doubt he is the right person to drive our commercial business forward.”
Christopher Pennington, Chief Revenue Officer at SteelEye, said: “I am incredibly excited to be joining SteelEye at this critical point, as the firm expands in the US and eyes growth opportunities in APAC and beyond. Under the leadership of Matt Smith and the management team, SteelEye has established an enviably strong position in the industry, as evidenced by its success to date. I look forward to leading and driving SteelEye’s next phase of growth.”
In September, SteelEye announced a $21 million Series B fundraise to support accelerated growth and an expansion into North America. This year alone, SteelEye has increased its headcount by 35% as it scales in line with its growth opportunities, which Christopher will now lead.