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Following its milestone achievement of surpassing $400 million in annual recurring revenue (ARR), 1Password is strengthening its executive team to drive its next phase of expansion. The identity security leader has announced the appointment of Michael Hughes as President and John Torrey as Chief Business Officer. These strategic hires are designed to accelerate global revenue growth, deepen enterprise adoption, and expand the company's partner ecosystem as demand for identity security in the AI era intensifies.
1Password appointed Michael Hughes as President and John Torrey as Chief Business Officer.
The appointments follow the company surpassing $400 million in annual recurring revenue.
Hughes will lead global sales, customer experience, and revenue operations.
Torrey will oversee corporate development, partnerships, and M&A strategy.
The focus is on accelerating growth of its Extended Access Management suite.
This expansion addresses the growing need to secure both human and AI identities.
As President, Michael Hughes will lead 1Password's global commercial organization, including sales, customer experience, and revenue operations. He joins from ChargePoint, where he served as Chief Revenue Officer and helped guide the company through a period of rapid growth and a public offering. His mandate is to strengthen customer and partner relationships, expand the company's enterprise footprint, and build a durable foundation for long-term growth in the competitive identity security market.
In the newly created role of Chief Business Officer, John Torrey will be responsible for corporate development and ecosystem strategy. A Venture Partner at Madrona, Torrey brings extensive experience from his previous roles as Chief Ecosystem Officer at Qualtrics and in corporate development at SAP. He will focus on pursuing mergers and acquisitions, strengthening technology alliances, and expanding routes to market to extend 1Password's reach across the evolving identity security landscape.
The expansion of 1Password's leadership team signals a strategic focus on scaling its operations and capitalizing on the significant market opportunity at the intersection of identity and AI. By bringing in seasoned executives with proven track records in scaling SaaS and cybersecurity companies, 1Password is positioning itself to lead the next era of identity security for both human and non-human identities.
Trusted by over 180,000 businesses, millions of consumers, and 1 million developers, 1Password is redefining identity security for the way people and AI agents work today. Our mission is to unleash productivity without compromising security. The 1Password Extended Access Management product suite delivers zero trust security that protects, manages, and governs access to all SaaS applications, whether managed by IT or not. Built on 1Password’s Enterprise Password Manager, which secures more than 1.3 billion credentials, 1Password’s Agentic AI capabilities extend identity security to AI agents and other non-human identities. Leading companies such as Asana, Associated Press, Browserbase, Canva, Cresta, Golden State Warriors, Hugging Face, MongoDB, Octopus Energy, Salesforce, SandboxAQ, Slack, Stripe, and Under Armour trust 1Password to provide the right person or AI agent the right access to the right app from a trusted device.
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