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December 22, 20232 min read

Press Release: SBS CyberSecurity announces CEO Transition


MADISON, S.D. (December 22, 2023) — SBS CyberSecurity (SBS) has announced that CEO Honey Shelton will transition to the role of Chief Strategy Officer (CSO) effective January 1, 2024. As CSO, Shelton will continue to provide valuable insight into the company's growth, serve as a board member, and lead key projects.

Shelton was introduced to the company in 2016 as a contracted leadership trainer and coach. In 2020, she became a full-time member of the SBS leadership team to guide the company through a change in ownership.

"I am immensely proud of what we have accomplished at SBS. We have built a strong team of experts who deliver high-quality cybersecurity solutions to our clients across various industries. I am confident that Chad and Jon will continue to lead the company to new heights of success and innovation. I’m excited to continue to support those initiatives," said Shelton.

Chad Knutson, co-founder and current President, will take over as CEO.

"Honey has been a great mentor and leader who has helped shape the company's culture, values, and strategy. I look forward to working with her, Jon, and the rest of the team to further enhance our culture and grow the company," said Knutson.

Additionally, Jon Waldman, co-founder and current Chief People Officer, will transition to President.

"Honey has been incredibly valuable to SBS over the years and truly helped us navigate the last few years as CEO. Chad and I have been working together since the inception of the company and share a common vision and passion for cybersecurity. I am excited to continue collaborating with Honey, Chad, and the team to continue delivering exceptional service and value to our clients and providing an outstanding culture to support our employees," said Waldman.

SBS is continuing its era of growth and innovation. Knutson and Waldman acquired full ownership of the company in 2022 and have been diligent in broadening the company's influence, enhancing its abilities, and growing the workforce. Today, SBS employs over 90 people in 27 states and serves clients nationally across all industries.

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PHOTO CAPTION: SBS Executives - Chad Knutson, co-founder and CEO; Honey Shelton, CSO; and Jon Waldman, co-founder and President.

SBS CyberSecurity helps business leaders identify and understand cybersecurity risks to make more informed and proactive business decisions. Since 2004, SBS has been dedicated to assisting organizations with the implementation of valuable risk management programs and mitigating cybersecurity risks. SBS provides turnkey offerings tailored to each client’s needs, including risk management solutions, network security, consulting, auditing, and education.