Fortinet adds Derek Kan to its board of directors

Fortinet (Nasdaq: FTNT) has appointed Derek Kan to its board of directors, according to a company statement. Kan brings experience in public-sector governance, AI deployment, and technology operations.

Kan most recently served as a vice president at Shopify following the 2022 acquisition of his company, Deliverr, for $2.4 billion. At Shopify, he held roles spanning global customer support, business operations, and global marketing, where he led AI deployment across customer experience and operations. He currently serves as an advisor to Shopify and as a senior advisor at Duration Capital.

Kan has been nominated by three U.S. presidents and confirmed by the U.S. Senate on four separate occasions. He previously served as deputy director of the White House Office of Management and Budget, overseeing a federal budget exceeding $4 trillion. As U.S. Under Secretary of Transportation, the department's third-highest-ranking official, he managed national transportation policy and regulatory frameworks for emerging technologies, including autonomous vehicles. He also served on Amtrak's board of directors.

Kan currently sits on the boards of Toll Brothers, Globe Life Insurance Inc, and Oklo Inc, and serves as vice chairman of the U.S. Postal Service Board of Governors. He holds an MBA from the Stanford Graduate School of Business.

"Derek brings a powerful combination of technology leadership, AI deployment experience, and public-sector governance to Fortinet's board," said Ken Xie, founder, chairman, and CEO of Fortinet.

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