Compliance technology and data analytics firm SteelEye has appointed Christopher Pennington as Chief Revenue Officer. This new role will strengthen SteelEye’s customer engagement and commercial functions as the firm continues to scale globally.

Mr Pennington is a seasoned and esteemed commercial leader with over 30 years of experience in Big Tech, having held senior roles at Microsoft and Google. He joins SteelEye with a proven track record of driving high-growth sales organisations.

Having worked at some of the industry’s most iconic brands, including Sun Microsystems, Microsoft, Palo Alto Networks, and Google, Mr Pennington has an exceptional acumen for building successful teams and transforming business outcomes. He will be responsible for all SteelEye commercial revenue streams, focusing on delivering high-value and impactful propositions to clients.

Christopher Pennington brings a global perspective to business and leadership, having established and run successful teams across America, Europe, and Asia. He will report to SteelEye’s CEO, Matt Smith, and will join the company’s executive management team.

In September, SteelEye announced a $21 million Series B fundraise to support accelerated growth and an expansion into North America. This year alone, SteelEye has increased its headcount by 35% as it scales in line with its growth opportunities, which Christopher will now lead.

Matt Smith, CEO of SteelEye, commented:

“The SteelEye executive management team encompasses an abundance of specialist RegTech and financial services expertise, crucial to our success to date. We believe firmly in the value of diverse perspectives, including professional backgrounds. Christopher’s experience and achievements with several Big Tech firms will be invaluable as we now seek to drive revenue growth. I am delighted to have secured someone of his calibre. Christopher’s appointment will bolster our executive team and enhance our revenue generation as we transition from start-up to scale-up. I have no doubt he is the right person to drive our commercial business forward.”

Christopher Pennington added:

“I am incredibly excited to be joining SteelEye at this critical point, as the firm expands in the US and eyes growth opportunities in APAC and beyond. Under the leadership of Matt Smith and the management team, SteelEye has established an enviably strong position in the industry, as evidenced by its success to date. I look forward to leading and driving SteelEye’s next phase of growth.”