Corero has adopted the Quoted Company Alliance Corporate Governance Code (the “QCA Code”). Corero’s compliance with the QCA Code was last reviewed on 24 June 2025.
The Corero Corporate Governance Statement can be accessed here.
The Company communicates with shareholders through the Annual Report and Accounts, full-year and half year announcements, the AGM and one-to-one meetings with institutional and material private shareholders and potential new shareholders. A range of corporate information (including all Company announcements and presentations) is also available to all shareholders, investors and the public on this Corero website.
The Board receives regular updates on the views of shareholders through briefings and reports from the Chief Executive Officer, Chief Financial Officer and the Company’s brokers. The Company communicates with institutional and material shareholders through briefings with management, and with retail shareholders and potential investors through investor conferences. The Company conducts regular updates to maintain an open dialogue with employees and reviews with customers as part of its strategy to maintain high levels of customer delight.
Chief Executive Officer
Non-Executive Chairman (appointed 6 August 2010)
Non-executive Director (appointed 22 May 2008)
Non-Executive Director (Appointed 1 June 2020)
Non-Executive Director (Appointed 17 April 2024)
Carl Herberger, CEO of Corero Network Security, brings over 25 years of cybersecurity leadership experience. As an internationally recognized expert, he has held executive roles at top security firms including Radware, Evolve IP, Allied InfoSecurity, and most recently as Principal Security Consultant and virtual CISO. Carl is a sought-after speaker and thought leader who has appeared on major broadcast outlets including Fox Business, CNN, and Bloomberg. His insights on cyber threats and security solutions are frequently published in outlets like The New York Times, The Wall Street Journal, and The Hill.
Among his many achievements, Carl received the Technology Executive of the Year award in 2019 and helped establish the US Air Force’s first cyber warfare unit during his time as an intelligence officer. As CEO, he leverages his deep expertise across all facets of cybersecurity to lead our corporate strategy and help our customers manage risk and build resilient systems capable of withstanding today’s cyber threats.
Jens Peter Montanana (Executive Chairman) is the founder and CEO of Datatec Limited, established in 1986. Between 1989 and 1993 Jens served as managing director and vice-president of US Robotics (UK) Limited, a wholly owned subsidiary of US Robotics Inc., which was acquired by 3Com. In 1993, he co-founded US start up Xedia Corporation in Boston, an early pioneer of network switching and one of the market leaders in IP bandwidth management, which was subsequently sold to Lucent Corporation in 1999 for $246 million. In 1994, Jens became CEO of Datatec Limited. Datatec Limited listed on the Johannesburg Stock Exchange in 1994 and on AIM in 2006. Jens has previously served on the boards and sub-committees of various public companies.
Peter George (non-executive director), has over 30 years’ experience in the IT networking and cybersecurity industry. Peter is CEO of Evolve Technology, Inc., a US based leader in human security screening. Prior to that, he was President and CEO of empow cybersecurity, a market innovator in AI, machine learning and advanced security analytics. Prior to empow, between 2008 to 2017, he was President and CEO of Fidelis Cybersecurity, a leading US-based Advanced Threat Defense business. Before joining Fidelis, Peter was President and CEO of Crossbeam Systems, a market leader in Unified Threat Management. Prior to that he was the President of Nortel Networks’ enterprise business where he was responsible for growing a $2 billion and 5,000 employee voice and data business in EMEA.
Richard Last (non-executive director) is a Fellow of the Institute of Chartered Accountants in England and Wales (FCA). Richard is a Chairman of the following AIM listed companies: Gamma Communications plc, a provider of voice, data and mobile services for the business market; and Tribal Group plc, a provider of software and services to the education management market. Richard is also a director of a number of private companies.
Ashley Stephenson (‘CTO/CPO’) first joined Corero Network Security as Executive Vice President of the Network Security division, with responsibility for product and solution strategy in March 2012, and was appointed Chief Executive Officer of Corero in January 2013. In May 2019, after the successful introduction of the company’s Smartwall product line, he transitioned to the role of CTO and in 2025 has also assumed the role of CPO. As a global IT industry executive and internet technology entrepreneur, Ashley has worked in the United States, Europe and Asia. His previous experience includes: CEO of Reva Systems, and CEO of Xedia Corporation. Ashley began his career at IBM Research & Development in the UK. He is a graduate of Imperial College, London with a degree in Physics and is an Associate of the Royal College of Science.
CURRENT APPOINTMENTS
Director of Eyealike, Inc. and StepVest LLC.
Andrew Miller, Non-Executive Director, was appointed a non-executive director on 1 June 2020. Andrew Miller was until 31 May 2020 the CFO of the Company. He was until February 2025, CFO of Mycom, a telecoms SaaS provider and prior to that up to January 2022 the CFO and COO of C5 Capital Limited, an investment firm investing in the secure data ecosystem including cybersecurity, cloud infrastructure, data analytics and space, and CFO of the Haven Group, a private equity backed cyber security services provider.
Prior to joining Corero, Andrew was with the Datatec Limited group in a number of roles between 2000 and 2009 including the Logicalis Group Limited (‘Logicalis’) Operations Director and Corporate Finance and Strategy Director. Prior to this, Andrew gained considerable corporate finance experience in London with Standard Bank, West Deutsche Landesbank and Coopers & Lybrand. Andrew trained and qualified as a chartered accountant and has a bachelor’s degree in commerce from the University of Natal, South Africa. Andrew is a Chartered Accountant with over 20 years’ experience in the technology industry.
Rob Scott, Non-Executive Director, was appointed a non-executive director on 17 April 2024. Rob is currently the Chief Strategy Officer of Silversky, Inc., a provider of cybersecurity managed services, alongside serving as the Chairman of AssetPass, a disruptive fintech startup. Rob is also on the Customer Advisory Board of Fortinet, a global leader in cybersecurity.
Previously, Rob served as CEO of Cygilant, Inc., a provider of cybersecurity services specialising in helping organisations hunt, detect and respond to cyberthreats; Bradford Networks, a network security company acquired by Fortinet; and Clique Intelligence, a software platform for data sharing and collaboration technologies. Rob also served as Vice President of Worldwide Sales and Marketing at HP ProCurve Networking, having joined the company through its 2008 acquisition of Colubris Networks Inc., where he held the positions of President and CEO.