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Tenable Network Security CEO steps down

Tenable Network Security co-founder Ron Gula has stepped down from his role as CEO and is leading a search for a successor to help the company grow globally.

Gula will remain with the Columbia cyber security company as chairman. His co-founders, Chief Operating Officer Jack Huffard and Chief Product Officer Renaud Deraison will lead the company during the search for a new CEO.

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"It's a natural progression for high-growth software companies tackling massive markets to proactively make this transition, and Ron wants to make sure Tenable reaches its full potential," the company said in its statement.

Tenable raised $250 million in Series B financing last fall and said it would hire hundreds of workers as part of a multi-year expansion plan. The company was founded in 2002.

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Gula will lead the search for his successor, along with Tenable's board.

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