07:43 AM EST, 11/13/2024 (MT Newswires) -- CyberArk Software ( CYBR ) said Wednesday that Chief Financial Officer Josh Siegel will step down on Jan. 1, 2025, and Deputy CFO Erica Smith will succeed him as part of a planned succession.

Siegel will take on an advisory role and Smith will become part of the CyberArk executive team, according to CyberArk.

Smith, who joined the company in 2015, was named deputy CFO earlier this year after serving as senior vice president of finance and investor relations, the company added.

Shares of CyberArk Software ( CYBR ) were up 8% in recent premarket activity.

Price: 325.00, Change: +24.24, Percent Change: +8.06