Former Symantec Exec Greg Hughes Named Veritas CEO

Greg Hughes

Greg Hughes, former CEO of Serena Software, has been selected by the board of directors to succeed Bill Coleman as CEO of Veritas Technologies, effective immediately.

Coleman will continue to serve on the company’s board and join investment firm The Carlyle Group (Nasdaq: CG) as operating executive, Veritas said Monday.

Hughes will oversee innovation efforts in both new and existing platforms in order to help client organizations address data management challenges.

Bill Krause, board chairman at Veritas, said Hughes’ operational and strategic experience in enterprise software, knowledge of data management demands and previous work with Symantec (Nasdaq: SYMC) would help the company achieve growth.

Hughes previously served as an executive director at private equity firm HGGC and held senior leadership roles at Symantec such as president of enterprise product group, chief strategy officer and president of global services.

Prior to Symantec, he worked as executive vice president for global services at Veritas, then Veritas Software, and as a partner at McKinsey & Co.

Hughes also served as an operating partner at Silver Lake Partners and a board member at VeloBitArt Technology Group and LogMeIn (Nasdaq: LOGM).

The Carlyle Group acquired Veritas from Symantec in January 2016.

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