Press Releases

SBS CyberSecurity Announces CEO Transition

Written by SBS CyberSecurity | December 22, 2023

MADISON, S.D., Dec. 22, 2023  — SBS CyberSecurity 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," Shelton said.

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," Knutson said.

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," Waldman said.

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.

About SBS CyberSecurity
Cybersecurity isn't a one-time decision. It's an ongoing business priority, and the stakes keep rising. SBS CyberSecurity helps leaders navigate that challenge with confidence. Founded in 2004, SBS has been a trusted advisor and hands-on partner to thousands of organizations. Through expert services, AI governance, and TRAC, its proprietary GRC platform, SBS delivers not just answers but understanding and protection. Learn more at sbscyber.com.