Check Point Software Technologies loses marketing chief (Score 32)

Sales lead: Keep an eye on this company because a CMO hire will affect its marketing strategy. 

  • Check Point Software Technologies (CP) lost its CMO of over six years, Peter Alexander, earlier this year.
  • Alexander is now the CMO of Fastly
  • During his tenure with CP, Alexander led go-to-market strategy, demand generation, and brand awareness. 
  • We will be sure to update you as soon as a replacement is announced. 

Target demographic: Businesses and governments that need cyber security services

Once it hires a new CMO, the company will likely:

  • Experiment with new ad channels
  • Outsource some marketing duties to agency partners

Digital and social insights (digital ad spend, effectiveness, impressions, and performance)

  • YTD spend: CP spent about $7.9k on digital display ads YTD, up from $1.4k spent in this channel during the same time period of 2022. 
  • YTD data: 398.5k impressions via desktop display (93%) and mobile display (7%). 
  • 2021-2022 spend: Full-year spend dropped from $29.2k in 2021 to $3.3k in 2022. 
  • Ad location: It placed 100% of these ads directly onto sites such as bloomberg.com, crn.com, and wsj.com. 

Agency analysis:

  • Opportunity: Start working on your pitches so that you can reach out as soon as CP hires a new CMO.
    • CP does not currently work with any agencies to the best of my knowledge. 

Insight Sources: Digital spend insights estimated by Pathmatics