On August 22, Socure announced the promotion of Matt Thompson to chief revenue officer (CRO) from senior vice president and GM of its public sector business. Thompson will oversee all revenue-generating and partner-facing problem solving functions across Socure’s commercial and government sectors.
Thompson joined Socure three years ago to lead the company’s expansion into the public sector market, and has worked tirelessly to help government agencies stop massive fraud propagated by the pandemic with modernized identity verification systems. Under his leadership, Socure grew to over 30 federal and state government agency customers, as well as multiple higher education institutions.
As CRO, Thompson will leverage his extensive experience and network in digital identity to drive Socure’s expansion into new vertical markets while continuing to strengthen its position in its core markets, including government.
“Being able to lead the next phase of growth at Socure is one of the greatest honors of my life and something I view as the capstone of nearly 15 years of building companies in this market. The solutions that Socure provides have never been more important as our lives become increasingly digital by the day and are constantly under attack by sophisticated fraudsters making it harder than ever to discern legitimate consumers from bad actors,” said Thompson.
Prior to joining Socure, he served as Senior Vice President and GM, Identity & Security North America at IDEMIA. Thompson also co-founded ID.me, a leading digital identity network. His civilian experience includes positions at McKinsey & Company, Goldman Sachs, and Capital One’s Consumer Identity Team. Thompson graduated as the First Captain from the Virginia Military Institute and earned his MBA from Harvard Business School. He holds three patents covering mobile biometric liveness detection as well as tiered and third-party authentication.
Thompson served a decade in the US military, which included four combat deployments to Iraq and Afghanistan. As an Army Special Operations Officer, Thompson honed his “Team of Teams” leadership approach, which aims to improve alignment, adaptability, speed and efficiency in decision-making across the organization.
Source: Socure
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