Token Expands Leadership Team With Addition of CTO and Chief Revenue Officer

Developer of multifactor authentication to stop ransomware strengthens executive team to accelerate revenue growth and global expansion.
Published: July 9, 2024

ROCHESTER, N.Y. — Wearable authentication solutions provider Token recently announced the appointments of Robert Osterwise as chief technology officer and Tim Tonges as chief revenue officer.

Osterwise and Tonges join Token’s executive leadership team, reporting to CEO John Gunn, according to the company announcement.

“Rob and Tim bring Token the perfect combination of decades of experience and business acumen, along with the entrepreneurial spirit needed to drive success in a startup environment,” says Gunn in the announcement. “They share our passion to deliver innovative solutions that protect organizations from the ravages of phishing and ransomware, and embody our culture of transparency and collaboration.”

Why Token Hired Robert Osterwise and Tim Tonges

As CTO, Osterwise is responsible for “advancing Token’s technology vision,” the company announcement says. He brings expertise across multiple areas including circuit design, firmware, and application development.

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Most recently, Osterwise held the role of vice president, advanced technology, head of IoT, digital innovation, emerging technologies at Stanley Black & Decker. Before his tenure at Stanley Black & Decker, Osterwise was technical director at AT&T and held senior technology roles at Giesecke & Devrient.

“The devastation from ransomware attacks makes news headlines every day,” says Osterwise in the company announcement. “I’m thrilled to join the talented team at Token and deliver a new and simple way to protect organizations against the biggest cybersecurity risk facing every organization today.”

As chief revenue, Tonges is responsible for Token’s sales strategy, revenue growth and global expansion of the sales organization. He brings more than 20 years of sales leadership experience with technology and cybersecurity solutions at  companies including FusionStorm, Bell Microproducts and Pomeroy.

He has a history of driving triple digit growth and establishing category leadership.

“There is no greater or more urgent need than fixing a problem that is causing 90% of data breaches and ransomware losses – the vulnerabilities inherent in legacy MFA,” says Tonges in the announcement. “The early response from the market has been amazing, with the largest organizations in almost every category signing up to evaluate Token Rings.”

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series