RegTech company SteelEye appoints ex-Microsoft executive as CRO

By Gloria Methri

SteelEye, the London-based compliance technology and data analytics firm, has appointed Christopher Pennington as Chief Revenue Officer. Pennington brings 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 organizations.

Having worked at some of the industry’s top brands, including Sun Microsystems, Microsoft, Palo Alto Networks, and Google, 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.

Matt Smith, CEO of SteelEye, said, “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 caliber. Christopher’s appointment will bolster our executive team and enhance our revenue generation as we leverage the opportunities the market is presenting to us.”

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

Commenting on his appointment, Christopher said, “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.”