MAM
Tenable adds up a win with Matthew Brown as new CFO
MUMBAI: When it comes to numbers, Tenable wants nothing left exposed. The exposure management giant has roped in Matthew Brown as its new chief financial officer, effective immediately putting a seasoned hand on the calculator as it eyes its next phase of growth. Brown succeeds Steve Vintz, who recently swapped the CFO chair for the Co-CEO seat alongside Mark Thurmond. With more than 20 years in tech finance, Brown isn’t a stranger to high-stakes balance sheets. His last gig was at Altair Engineering, where he steered strategy, delivered consistent double-digit software revenue growth, expanded margins, and ultimately played a key role in clinching its 10.7 billion dollars sale to Siemens.
His career ledger also features senior finance roles at Nortonlifelock, Symantec, Blue Coat, Brocade, Netgear, and KPMG, spanning everything from M&A and investor relations to operational excellence and controllership.
“Matt brings a proven track record of scaling global technology businesses, delivering operational efficiency, and driving shareholder value,” said Tenable co-CEO Steve Vintz. “His strategic mindset and collaborative leadership style make him the ideal partner to help Tenable accelerate growth.”
Brown, for his part, sounds ready to crunch big numbers: “Tenable is in a prime position to lead the future of exposure management. Pairing its market leadership with bold financial strategy is incredibly energising, and I’m ready to help propel the company to its next chapter.”
Armed with a B.S. in Business Administration from UC Berkeley’s Haas School of Business and a CPA licence in California, Brown is set to bring both rigour and ambition to Tenable’s books.
For a company built on spotting vulnerabilities, this looks like one appointment that definitely adds up.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
