ONE IDENTITY NAMES SOFTWARE INDUSTRY LEADER PRAERIT GARG AS CEO

Appointment accelerates a new phase of AI-infused product strategy, innovation, and growth for the Company amidst a rising need for robust identity-centric cybersecurity SaaS solutions

ALISO VIEJO, Calif., Sept. 24, 2025 /PRNewswire/ -- One Identity (the "Company"), a provider of unified cloud-first identity solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced the appointment of Praerit Garg as its Chief Executive Officer (CEO). With more than 30 years of experience in developing large-scale distributed software systems and internet services, Mr. Garg brings deep expertise in identity and access management along with a proven track record of SaaS product leadership across both startups and large enterprises. Mr. Garg replaces current CEO, Mark Logan, whose leadership and contributions have been instrumental in advancing One Identity's mission to provide unified identity security solutions.

Prior to joining One Identity, Mr. Garg served as President of Product & Innovation at Smartsheet, where he led the product and engineering organization and shaped the company's strategy across technology, customer-driven innovation, pricing, packaging and M&A. Before Smartsheet, he was general manager of Identity, Directory, and Access Services at Amazon Web Services (AWS); co-founder of Symform, a cloud- storage startup later acquired by Quantum; and held various product & engineering roles at Microsoft, contributing to the development of Windows software and its security features, including Active Directory.

"Praerit's extensive background in identity and access security software, coupled with his leadership in scaling enterprise-grade cloud-based products, makes him the ideal choice to guide One Identity through its next phase of accelerated growth," said Prashant Mehrotra, Partner & Managing Director, and Paul Huber, Partner & Managing Director, at Clearlake. "We are confident that under Praerit's leadership, One Identity will continue to deliver innovative AI-powered SaaS solutions that address the evolving needs of our customers amidst the exponentially increasing cybersecurity threat landscape."

Mr. Garg's appointment comes at a pivotal time for One Identity, as the Company expands its identity security solutions to meet the increasing demand for advanced AI-native capabilities and comprehensive identity management solutions. His expertise will be instrumental in accelerating product innovation and enhancing customer success.

"I am honored to join One Identity as CEO and to guide the company through its next chapter of innovation and expansion," said Praerit Garg. "With its strong foundation in AI-powered identity solutions, One Identity is uniquely positioned to redefine how businesses build trust in a digital-first world."

About One Identity
One Identity helps organizations strengthen cybersecurity, boost efficiency and control costs through the One Identity Fabric, a holistic approach to identity and access management (IAM). By unifying IAM tools, including identity governance and administration (IGA), access management (AM), privileged access management (PAM), and Active Directory management (AD Mgmt), it ensures optimal functionality and efficiency. This cohesive structure reduces identity sprawl and extends governance to the farthest endpoints of your IAM ecosystem. Proven and trusted on a global scale, One Identity manages more than 500 million identities for more than 11,000 organizations worldwide. For more information, visit www.oneidentity.com.

About Clearlake
Clearlake Capital Group is a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies. Founded in 2006, the firm has more than $90 billion of assets under management and has led or co-led over 400 investments globally. With deep knowledge and operational expertise across the technology, industrials, and consumer sectors, Clearlake seeks to partner with experienced management teams, providing patient, long-term capital and aiming to drive value through its active hands-on operating approach, O.P.S.^® (Operations, People, Strategy). Headquartered in Santa Monica, Clearlake maintains a global footprint with offices in Dallas, New York, London, Dublin, Luxembourg, Abu Dhabi, and Singapore. For more information, please visit clearlake.com or follow us on LinkedIn.

Media Contacts
One Identity:
Liberty Pike
One Identity PR
949-754-8922
Liberty.Pike@oneidentity.com

Clearlake:
Tasha Pelio
917-880-7675
Tasha.pelio@clearlake.com

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SOURCE One Identity