Digital B2B Opps: Tenable names CMO amid spend increases (Score 49)

Sales lead: This hire will affect the company's marketing strategy & may lead to agency appointments. 

  • Tenable hired Meg O'Leary as CMO, effective October 2023.
  • She is responsible for global marketing, brand awareness, messaging, go-to-market strategy, and demand generation. 
  • O'Leary joins from Cybereason, where she held the same title.

Target demographic: Businesses that need cybersecurity services 

The company will likely:

  • Continue increasing digital spend
  • Try more ad channels
  • Seek agency partners

Digital and social insights (digital ad spend, effectiveness, impressions, and performance)

  • YTD spend: Tenable spent approximately $327.2k on digital display ads YTD, up from $129.5k spent in this channel during the same time period of 2022. 
  • YTD data: 32m impressions via YouTube (66%), desktop display (28%), Facebook (4%), and mobile display (1%). 
  • 2021-2022 spend: Full-year spend equaled $150.1k in 2021 and $145.2k in 2022. 
  • Ad location: It placed 93% of these ads directly onto sites such as youtube.com, informationweek.com, facebook.com, yahoo.com, and flyertalk.com. It placed 7% of these ads through multiple indirect channels onto sites such as yahoo.com, merriam-webster.com, freep.com, marthastewart.com, and masslive.com. 

Agency analysis:

  • Opportunity: Contact the new CMO now to see if you can pick up some of Tenable's business. 
    • We have not confirmed any current agency relationships for Tenable. 

Insight Sources: Digital spend insights estimated by Pathmatics