BOSTON, MA — June 1, 2026 – Rapid7, Inc. (NASDAQ: RPD), a frontrunner in AI-powered managed cybersecurity operations, has made significant waves in the tech world with its announcement of a leadership transition. Effective immediately, Wael Mohamed has been appointed as the new Chief Executive Officer (CEO), while the current CEO, Corey Thomas, will transition to the role of Executive Chairman of the Board. This strategic move signals Rapid7's commitment to navigating a rapidly evolving cybersecurity landscape.

1. A Timely Transition in Leadership

The appointment of Wael Mohamed comes at a pivotal moment for Rapid7, as the company seeks to enhance its preemptive security strategy in the face of unprecedented AI-driven innovations. The integration of managed detection and response (MDR) alongside exposure management into AI-led security operations has garnered validation from both customers and analysts, positioning Rapid7 as a key player in addressing modern cyber threats.

Corey Thomas expressed his confidence in Mohamed’s capabilities, stating, "After joining our board last year, Wael quickly became an invaluable strategic advisor and partner to me. His experience in building and transforming cybersecurity companies will help customers see the benefit of Rapid7’s vision faster."

2. Wael Mohamed: A Proven Leader in Cybersecurity

Wael Mohamed brings a wealth of experience to his new role, having dedicated over 30 years to cybersecurity and operational transformation. As the founder of Global Forward Capital, a cybersecurity investment firm, and former CEO of Forescout Technologies, Mohamed has a track record of successful leadership through strategic acquisitions. His tenure at Trend Micro Group further solidified his expertise, culminating in his role as President and COO.

“I join Rapid7 with gratitude, confidence, and excitement,” Mohamed stated. “We have the customers, technology, leadership, and talent to own the AI-SOC market.” His commitment to focusing on Rapid7’s core business areas underscores the company’s intent to drive growth and operational excellence.

3. Strengthening the Leadership Team

In conjunction with Mohamed's appointment, Rapid7 is also revamping its senior leadership team. The recent hires include Rafe Brown as Chief Financial Officer, Allan Peters as Chief Commercial Officer, and Dan Deklich as Chief Product & Technology Officer. This new leadership lineup is designed to guide the company through its operational shifts necessary to establish Rapid7 as the leader in the AI-SOC (Security Operations Center) market.

Thomas will remain actively involved in the company as Executive Chairman, focusing on technology vision, AI strategy, and policy initiatives, ensuring continuity and a collaborative approach to leadership.

4. Financial Outlook Remains Steady

Despite the leadership changes, Rapid7 is reaffirming its financial guidance for the second quarter and the full year 2026, as previously communicated in a press release dated May 5, 2026. This consistency in financial outlook may provide reassurance to investors and stakeholders during this transitional phase.

5. About Rapid7

Founded in Boston, Rapid7, Inc. is a global leader in AI-powered managed cybersecurity operations, helping organizations enhance their cyber resilience. The Rapid7 Command Platform integrates security data enriched with AI and threat intelligence, serving over 11,500 customers worldwide. Recognized for its innovative approach to managed detection and response (MDR), Rapid7 continues to unify exposure and detection to transform cybersecurity operations.

As Rapid7 embarks on this new chapter under Wael Mohamed’s leadership, the company remains committed to driving innovation and securing its position as a leader in the cybersecurity domain. With a refreshed leadership team and a clear vision for the future, Rapid7 is poised to tackle the challenges of an ever-evolving technological landscape.

Original press release