Zscaler stock falls on CRO leadership change

Investing.com -- Zscaler Inc (NASDAQ: ZS) shares dropped more than 4% in after-hours trading Thursday following the announcement of a leadership change in its revenue organization.

The cybersecurity company named Ross Tackett as chief revenue officer, effective October 1, 2026. Tackett will oversee global revenue operations, sales organization, strategic partner ecosystem, and go-to-market execution.

The appointment follows the departure of Mike Rich, who is stepping down as CRO for personal reasons. Rich will remain with Zscaler as a strategic advisor through December 31, 2026, to support the transition.

"Ross Tackett brings an exceptional combination of operational discipline, global scale, and customer-first leadership to this important role," said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler.

Tackett commented on his new role, stating that Zscaler "pioneered Zero Trust security and continues to set the benchmark for innovation in the AI era."

The leadership transition comes as Zscaler continues to position itself in the cybersecurity market, with its Zero Trust Exchange platform serving thousands of customers globally. The platform is distributed across more than 200 public data centers worldwide.

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