StockWatch
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Computer Software: Prepackaged Software
Management ChangeJun 1, 2026, 07:56 AM

Rapid7 Appoints Wael Mohamed as CEO; Corey Thomas Becomes Executive Chairman

AI Summary

Rapid7, Inc. announced a leadership transition, with board member Wael Mohamed assuming the role of Chief Executive Officer, effective immediately. Current CEO Corey Thomas will transition to Executive Chairman of the Board. This change comes as Rapid7 focuses on leading the AI-SOC market, following its recent acquisition of Kenzo and a refreshed senior leadership team. The company also reaffirmed its financial guidance for the second quarter and full year 2026.

Key Highlights

  • Wael Mohamed appointed Chief Executive Officer, effective immediately.
  • Corey Thomas transitions to Executive Chairman of the Board.
  • Mohamed brings 30 years of cybersecurity and operational transformation experience.
  • Thomas led Rapid7 for over 13 years, including through its IPO.
  • Company reaffirmed financial guidance for Q2 and full year 2026.
  • Rapid7 recently acquired Kenzo, an AI security platform.
  • Refreshed senior leadership team includes new CFO, CCO, and CPTO.