Palo Alto Networks (PANW) Hires Luis Felipe Visoso From Amazon To Serve As CFO

By Amit Chowdhry ● June 24, 2020
  • Global cybersecurity leader Palo Alto Networks Inc (NYSE: PANW) announced that it has hired Luis Felipe Visoso as the chief financial officer of the company

Global cybersecurity leader Palo Alto Networks Inc (NYSE: PANW) announced that it has hired Luis Felipe Visoso as the chief financial officer (CFO) of the company. Visoso will assume the CFO role on July 1, 2020.

Visoso most recently worked as the CFO for Amazon Web Services (AWS) and previously worked as CFO for Amazon’s Worldwide Consumer division. Prior to work in the technology field with a senior finance role at Cisco, Visoso spent over 20 years at Procter & Gamble working in global positions across Latin America, Europe, and the United States.

“Luis has a phenomenal track record growing businesses in a financially disciplined manner,” said Palo Alto Networks chairman and CEO Nikesh Arora. “We’re on a strong path to becoming the most comprehensive, integrated and innovative cybersecurity company in the world and I’m delighted to welcome Luis to our management team to help us achieve that goal.”

Visoso is going to take over from Palo Alto Networks CFO Kathy Bonanno — who announced her departure this week to become business finance officer of Google’s Cloud division. And Bonanno and Visoso will work together through July 31 (the end of fiscal year 2020) to facilitate a smooth transition.

“Palo Alto Networks has a vision of a world where each day is safer and more secure – something I’m excited to be a part of,” explained Visoso, incoming chief financial officer at Palo Alto Networks. “This is a team that continues to innovate in a fast-growing industry. I look forward to creating value for customers, partners, employees and shareholders alike.”

Bonanno joined Palo Alto Networks in 2014 and became executive vice president and CFO in 2017.

“Kathy has presided over our financial team during Palo Alto Networks’ tremendous expansion into a multi-platform security company,” commented Arora. “She has chosen a close partner of ours for her next career step – one I know very well, and that has equally amazing people. I would like to thank Kathy for her many contributions to our company, and wish her the very best and continued success in her new role.”

Photo Credit: Palo Alto Networks