Executive Summary

Darktrace, a global leader in AI-powered cyber defense, has named Terry Doyle as its inaugural Chief Information Officer (CIO). The appointment marks a significant step in the company's maturation, signaling a focus on strengthening its internal enterprise technology infrastructure to support its ongoing expansion. Doyle, who brings extensive experience from CIO roles at Team Internet Group, RWS, and GroupM, will join the executive committee and report to CFO Suman Raju. His primary mandate is to unify the company's disparate technology services into a cohesive enterprise IT and data function, building the operational backbone required for a large, publicly traded company.

Strategic Importance of the Role

The creation of a CIO position at Darktrace is a strategic move driven by several factors:

• Scaling Operations: As Darktrace continues its rapid global growth, it needs robust, scalable, and secure internal systems for finance, HR, sales (CRM), and other core business functions. A CIO is needed to lead this enterprise-wide technology strategy.
• Operational Discipline: The appointment is part of a broader effort to instill greater operational discipline and process maturity across the business, a common step for fast-growing tech companies as they scale.
• Data-Driven Strategy: A key part of Doyle's role will be to lead the company's data function. This involves creating a unified data architecture to provide consistent, reliable business intelligence and analytics to support executive decision-making.
• 'Drinking Your Own Champagne': As a leading cybersecurity company, Darktrace must demonstrate an exemplary internal security and IT posture. The CIO will be responsible for ensuring the company's own systems are a showcase of security best practices.

Leadership and Experience

Terry Doyle brings nearly three decades of experience in leading large-scale technology functions within global organizations. His background includes:

• Group CIO at Team Internet Group: Led a global technology function across 12 countries for a digital advertising firm.
• Senior CIO roles at RWS and GroupM (WPP): Managed complex technology environments in the language services and media investment sectors.

This experience in managing technology for large, multinational public companies makes him well-suited to build out the enterprise IT function at Darktrace.

Impact Assessment

• Internal Impact: The appointment will lead to the consolidation and professionalization of Darktrace's internal IT systems. This should result in improved efficiency, better data for decision-making, and a stronger internal security posture.
• External Impact: For investors and the market, this move signals that Darktrace is maturing as a company and investing in the corporate infrastructure necessary for sustainable long-term growth. It is a sign of a company moving from a startup mentality to that of an established enterprise leader.
• Executive Team Strengthening: Doyle's appointment is the latest in a series of senior executive hires, reflecting a deliberate strategy by CEO Jill Popelka to build a leadership team with deep experience in scaling global public companies.