Rapid7 named board member Wael Mohamed chief executive officer, replacing Corey Thomas, who will move into the role of executive chairman effective immediately.
The company said the leadership change comes as it pushes further into AI-led security operations and follows the recent acquisition of Kenzo, an AI security platform. Rapid7 also said it is reaffirming its second-quarter 2026 and full-year 2026 financial guidance.
Mohamed brings more than 30 years of cybersecurity and operational experience. He founded Global Forward Capital and previously served as chief executive of Forescout, where he led the company through two strategic acquisitions. Before that, he spent 11 years at Trend Micro Group in a series of roles that ended with president, chief operating officer and board member.
Thomas, who led Rapid7 as CEO for more than 13 years, will remain on the board and focus on technology vision, AI strategy and policy initiatives.
Rapid7 said its leadership team has also been refreshed over the past year with the additions of Rafe Brown as chief financial officer, Allan Peters as chief commercial officer and Dan Deklich as chief product and technology officer.
The company serves more than 11,500 customers worldwide. Today the company's shares have moved 4.71% to a price of $8.775. If you want to know more, read the company's complete 8-K report here.
