Special Report: BtoB's annual Top 25 E-Champions: Stratton Sclavos

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In the trust business, Stratton Sclavos is the keeper of the keys. Encryption keys, that is, not to mention digital signatures and secure transaction services. These are the tools of the security trade, and, as president and CEO of VeriSign Inc., Sclavos wants to use them to make the Internet a safer place to do business.

"That is our raison d'etre," he said. "We want to make sure that every individual, at home or at work, has the ability to conduct communications and transactions with confidence and trust."

Name: Stratton Sclavos
Title: President-CEO
Company: VeriSign Inc., Mountain View, Calif.
Mission: "To enable everyone, everywhere to use the Internet with confidence."

The stakes are huge, and confidence in e-commerce is growing. But Sclavos noted that old-economy companies have only recently begun to transform their businesses on the Web.

"The ability to migrate every offline process online is the Holy Grail," he said. And to do that, parties to a business transaction need a name, number, way to get paid and—most important—a way to verify these things. VeriSign builds this trust by providing authentication certificates and digital signatures, and securing payments using encryption technology.

Since 1995, Sclavos has grown the company from four to more than 2,000 employees, and from less than $1 million in revenues to a run-rate approaching $1 billion today. "[Nobody] out there really has the breadth of services we do, from a single provider."
—Kate Maddox

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