BitSight has announced it has appointed Stephen Harvey as CEO. Harvey joins BitSight from Institutional Shareholder Services (ISS), a private equity-owned and rapidly growing fintech, data and proxy advisory firm, where he served as Chief Operating Officer.
Harvey replaces long-standing BitSight CEO Tom Turner, who is stepping down after a six-year tenure with the company and will continue to serve as an advisor to BitSight.
“Stephen Harvey’s innovative leadership approach and success in building market-defining, data and analytics firms make him the right leader at the right time to take BitSight to new heights in its next chapter,” said Shaun McConnon, chairman of the board at BitSight.
“As we enter a new decade, BitSight is positioned for unprecedented growth and expansion in the years ahead. I want to thank Tom for his contributions to BitSight that helped establish the Security Ratings category and also our global leadership in the market.”
At BitSight, Harvey will focus on the development and execution of the company’s financial, operational and product strategies for continued market leadership in Security Ratings and expansion into adjacent markets. Harvey’s proven ability to scale global teams and track record in helping customers identify, understand, and minimise risk through data-driven insights will be extremely valuable for BitSight.
In his former role at ISS, Harvey led a global organisation spanning product management, consultants, operations, data, sales, client service and quantitative analytics. He also spearheaded a series of company acquisitions rapidly expanding the business and opening up new opportunities for the company.
“Cybersecurity has become a critical challenge for society and it’s a rapidly increasing threat to business growth. Now, more than ever, the market needs high-quality security data and analytics to inform responsible decision-making,” Harvey said. “BitSight is transforming the way that businesses, insurers, investors, and governments measure and manage cyber risk. I’m honored to lead this team on this critical mission in the years to come.”