CISO Tribune

CISO appointment

Rich Friedberg named Chief Information Security Officer (CISO) at Envestnet

By CISO Tribune Editorial · Published · Updated

Rich Friedberg is the Chief Information Security Officer (CISO) of Envestnet. Rich joins from Live Oak Bank, where they served as CISO.

Records: Envestnet · Rich Friedberg · Career profile on CISO Spotlights ↗

PersonRich Friedberg
New roleChief Information Security Officer (CISO)
CompanyEnvestnet
Previous roleCISO, Live Oak Bank
Announcedweek of February 16, 2026
Added to the recordSeptember 24, 2026
SourceSecurityWeek Industry Moves (week of 2026-02-16)

Context from the record

Other Financial Services appointments in the first quarter of 2026

  • Jimit Narendra Shah, Chief Information Security Officer, LIC Housing Finance
  • Gleb Reznik, Chief Information Security Officer (CISO), American Express
  • John Visneski, Chief Information Security Officer (CISO), Green Impact Exchange
  • Donna Hart, Chief Information Security Officer, SMBC Americas
  • Leilani Farol, Senior Vice President, Chief Information Security Officer (CISO), First Horizon
  • Stephen McMaster, Chief Information Security Officer, Western Alliance Bank
  • Kailash Gaonkar, Chief Information Security Officer, IIFL Finance
  • Martyn Bayly, Chief Information Security Officer, Cbus

Who runs security in Financial Services.

What this move signals

Envestnet announced the appointment of Rich Friedberg as CISO. Friedberg previously served as CISO at Live Oak Bank and also held senior cybersecurity leadership roles at Blackbaud and Capital One.

What the sources say

According to the release, Friedberg was to report to Bhaskar Peddhapati, the Chief Technology Officer of Envestnet at the time of the announcement. The release says he will lead operational resilience initiatives, AI-enabled security operations, governance integration, cyber risk management and enterprise information security strategy at Envestnet.

According to the release, Friedberg has more than 25 years of cybersecurity leadership experience spanning the national security, SaaS and financial services sectors. At Live Oak Bank, the release says, he embedded cybersecurity into digital product development, strategic planning and governance. The release says Friedberg was Deputy Director of the CERT Coordination Center during more than six years at the CERT Program of Carnegie Mellon University's Software Engineering Institute. In that role, according to the release, he led incident response, threat intelligence and national-level cybersecurity research initiatives that supported critical U.S. government and infrastructure partners.

According to the release, Friedberg has been Adjunct Faculty for nearly a decade in the Executive Education CISO Certificate Program at Carnegie Mellon University's Heinz College. The release said that he served, at the time of the announcement, on the Cybersecurity and Operational Resilience Advisory Committee of the American Bankers Association. The release says Friedberg has an MBA from The George Washington University, and his Bachelor of Science from Carnegie Mellon University is in Information and Decision Sciences.

SecurityWeek, which reported the appointment, describes Envestnet as a wealth management platform. According to the release, Envestnet is backed by $7.0 trillion in platform assets and 25 years of experience.

Sources

  1. SecurityWeek Industry Moves (week of 2026-02-16)
  2. ENVESTNET APPOINTS RICH FRIEDBERG AS CHIEF INFORMATION SECURITY OFFICER. PR Newswire, published February 19, 2026.

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