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Sarah Bailey, has accepted a position on Penten’s board of directors. This significant step, marks the rapid growth of the company.

Since Penten’s inception in 2014, the company has doubled in staff and revenue every year, with 2020 projected to yield similar results. Sarah Bailey’s newest role as a company director, demonstrates the maturing of the company from a start-up to medium sized business in less than five years.

Matthew Wilson, CEO, Penten said, “Never before have we appointed someone who is not originally one of the founders of the company to the Board. We know that good business strategy comes from diverse thinking.

“Sarah brings her experienced and varied outlook to our board. She has proven to be an extremely effective CFO and she has played a pivotal role in Penten’s recent success. Only good things can come from this appointment.”

Bailey is an accomplished finance and business executive with more than 20 years’ experience in finance, strategy and governance. With qualifications in commerce, psychology and business leadership, she has exemplary skills across a broad, cross-section of areas.

Bailey has championed innovative people initiatives at Penten, including policies such as 26 weeks paid paternal leave, unlimited sick and carer’s leave, unlimited reservist leave and a 50/50 gender target.

Sarah Bailey, CFO, Penten said, “Diversity comes in many forms and one of the things we need to grapple with in the competitive cyber industry is attracting the best and brightest. We know we need to think as creatively as we can to attract the best. Penten is creating a workforce where especially women feel as though they can excel.”

Penten has been recognised on the National Australia Bank’s Innovation Index 2019 as exhibiting some of the best innovation behaviours in Australia. The innovation index measures how businesses did things differently, more quickly or more cost effectively.

Sarah Bailey, CFO, Penten said, “Innovation is in our heartbeat, not something we do on the side. We find customer problems that are unsolved and we do cutting edge work to solve them.”

Penten focuses on innovation by investing heavily in research and development and placing strategic importance on its people.

“At the heart of Penten is its people and a culture of deep internal trust, a family-like atmosphere and a strong united mission. By prioritising people, it not only creates an atmosphere of innovation, but drives customer satisfaction and business performance.” Bailey said.

Penten was recently recognised as Most Innovative Company in the AFR and Boss Awards and also received an award for Best Innovation Platform.

To access the full report visit: https://business.nab.com.au/wp-content/uploads/2019/12/NAB-Innovation-Index-2019.pdf

CSIRO D61+ Live

The Cyber Security Cooperative Research Centre (CSCRC), has today announced a major research project between homegrown cyber security company Penten and CSIRO’s Data61, the data and digital specialist arm of Australia’s national science agency, to extend the country’s sovereign advantage in autonomous and active defence.

At the inaugural Australian Defence Industry Awards last night, Penten was awarded Cyber Business of the Year. In addition to winning the overall cyber category, three Penten staff made the finalist list: Matthew Wilson, Executive of the Year; Ben Whitham, Innovator of the Year and Cameron Humphries, Engineer of the Year.

Matthew Wilson, CEO of Penten, was awarded EY Entrepreneur of the Year, in the Emerging Male category at an exclusive awards ceremony in Sydney on 13 August 2019.

EY Entrepreneur of The Year is a unique global program that recognises entrepreneurial achievement among individuals that demonstrate vision, leadership and success — and work to improve the quality of life in their communities, countries and around the world.

Last night in Sydney, Penten was named Australia and New Zealand’s Most Innovative Company for 2019 and also took out Best Innovation Program, 2019 in the Government category at the prestigious Australian Financial Review and Boss Magazine Awards.

Penten ranked first for both awards from over 800 organisations across Australia and New Zealand. This award is based on rigorous assessment processes managed by Australian consultancy Inventium in conjunction with a panel of industry experts judges.

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