logo
Plus   Neg
Share
Email
Comment

Symantec Appoints Michael Brown As CEO

Security software maker Symantec Corp. (SYMC) said Thursday that it has appointed Michael Brown as chief executive officer, effective immediately.

Brown has been serving as interim president and CEO of the company since March 2014, when the then CEO Steve Bennett was terminated.

Brown's appointment follows a multistep search process conducted by a special committee of the company's Board of Directors in conjunction with leading executive search firm Russell Reynolds over the last six months. The search included reviewing over 100 qualified candidates, more than 30 of whom were actively vetted, the company noted.

The company said Brown will share its strategic plan with shareholders, customers and employees within the next 30 days. The plan will build upon the company's stated priorities, increase focus on the customer and build shareholder value.

Brown joined Symantec's Board of Directors following the company's merger with VERITAS Software in July 2005, and previously served as chairman and chief executive officer of Quantum Corp.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Citigroup Inc.'s co-head of mergers and acquisitions, Peter Tague, is leaving the company, according to media reports, citing people familiar with the matter. Tague has been co-head of Global M&A business at Citigroup since March 2012, alongside Cary Kochman and Mark Shafir. It was not immediately clear what Tague intends to do after he leaves Citigroup. Loblaw Companies Ltd. Thursday reported a drop in its profit and revenues for the fourth quarter, as the Canadian supermarket chain continues to be impacted by the industry-wide price bread price-fixing scandal. In December, Loblaw confirmed that it had participated in an industry-wide arrangement... Starting this summer, Be Our Guest Restaurant in Magic Kingdom plans to offer a new French-inspired prix fixe dinner menu for its customers. According to reports, the new three-course dinner menu will be unique to the guests and will make them feel royal. The new menu will start on July 27 and...
comments powered by Disqus
Follow RTT