""This is a deeply emotional decision. I love this business, I hold this team dear, and my conviction in our mission has never been higher,""
""But after much contemplation-and with the full support of our Board-I believe the right path forward for Snyk's next decade is to bring in a leader with deep roots in product innovation and AI.""
""Snyk is entering 'Part Two' - an era of hyper-intensive AI innovation. This next chapter requires a visionary, AI-immersed leader ready to commit their full energy to a multi-year journey of technical disruption.""
""For the long-term success of our customers and shareholders, the right thing to do is to find a successor who lives and breathes the technical frontier of this new era.""
Peter McKay will step down as CEO of Snyk to allow the company to appoint a leader with deep product innovation and AI expertise for its next phase. Under his tenure Snyk gained 4,800 customers and reached $325 million in annual revenue while shifting toward AI-native security. The company and board view the future as 'Part Two'—an era of intensive AI innovation requiring a visionary, AI-immersed leader committed to a multi-year technical disruption. McKay intends to remain a significant shareholder, Snyk's top supporter, and stay fully engaged until his successor begins.
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