logo
Plus   Neg
Share
Email

Symantec Board Terminates Steve Bennett CEO - Quick Facts

The Board Of Directors of Symantec Corp. (SYMC) Thursday said it has elected Michael Brown as its interim President and Chief Executive Officer, effective immediately. Brown replaces Steve Bennett who has been terminated from the company.

Brown previously served as chairman and CEO of Quantum Corp. More recently, Brown was a board chairman and CEO coach for several successful technology companies.

Meanwhile, a special committee of the board will immediately begin the search for a permanent CEO with the assistance of a leading executive search firm.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT