Cequence Security appoints Russ Schafer as CMO amid record growth and rising AI security demand

Cequence Security has named Russ Schafer, former Fortinet marketing executive, as its new Chief Marketing Officer during a period of record growth and expanding AI security solutions. Schafer brings over 25 years of experience and will lead marketing efforts as Cequence strengthens its position in protecting applications, APIs, and AI agents against cyber threats. The company recently secured major global clients including NTT DOCOMO and is advancing its AI-native security products to address emerging AI agent risks. This move supports Cequence's goal to lead in the growing market for AI and API security amid increasing enterprise adoption of AI technologies.

Fortinet Inc (FTNT), where Cequence Security's new CMO Russ Schafer previously worked, is trading at USD 174.26 on Pluang with a slight 1-day gain of 0.12%. The stock has a market cap of $127.70B and a 52-week high of $194.75. These figures are current as of Oct 22, 2026 20:14 WIB.