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Michael Brown: Symantec to Separate Security, Info Mgmt Businesses

Symantec (NASDAQ: SYMC) plans to split its security and information management businesses into two independent,  publicly-traded firms by the end of December 2015. “It has become clear that winning in both security and information management requires distinct strategies, focused investments and go-to market innovation, ” Michael Brown, president and CEO of Symantec, said …

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Michael Brown Appointed Full-Time CEO at Symantec; Dan Schulman Comments

Michael Brown, interim president and CEO of Symantec (NASDAQ: SYMC), has been confirmed for the chief executive role on a full-time basis by the board of directors after six months as acting CEO. Brown was selected through an executive search process performed by a special committee within the board alongside search firm Russell Reynolds, Symantec said Thursday. “[He] demonstrated …

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Thomas Seifert Appointed Symantec EVP, CFO; Steve Bennett Comments

Thomas Seifert, formerly executive vice president and chief financial officer at wireless services firm Brightstar, will join Symantec (NASDAQ: SYMC) as EVP and CFO on March 17. He is also a former CFO at Advanced Micro Devices. was and also held the chief accounting officer and interim CEO roles there, Symantec said Monday. Steve Bennett,  Symantec president …

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Sheila Jordan Joins Symantec as CIO; Stephen Gillett Comments

Sheila Jordan has been appointed to serve as the next chief information officer of Symantec, where she will be responsible for the company’s information technology strategy and operations and work to advance the Symantec 4.0 plan. Jordan most recently served as senior vice president of IT communication and collaboration at …

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Amit Mital Joins Symantec as Chief Technology Officer; Steve Bennett Comments

Amit Mital, formerly corporate vice president for Microsoft’s (NASDAQ: MSFT) startup business group, has joined Symantec Corp. (NASDAQ: SYMC) as chief technology officer. Mital will report directly to CEO Steve Bennett with responsibility in Symantec’s technology strategy focusing on research and product development, Symantec said Wednesday. He will succeed Steve …

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DLT Wins Marines Symantec Software License Maintenance Order

DLT Solutions has won a $12, 375, 152 delivery order from the Marine Corps Systems Command to help maintain Symantec software licenses. The company received the firm-fixed-price delivery order under a General Service Administration Federal Supply Schedule contract, the Defense Department said Aug. 28. DLA received three quotes for the order under …

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Suzanne Vautrinot, Anita Sands to Join Symantec Board; Daniel Schulman Comments

Air Force Maj. Gen. Suzanne Vautrinot and UBS Wealth Management Americas executive Anita Sands have been nominated to the board of directors at Symantec (Nasdaq: SYMC). They will serve as independent board members if elected at Symantec’s annual meeting of stockholders on Oct. 22, the company announced Wednesday. “We look …

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Steve Bennett, Symantec Announce Dividend Program for Shareholders

Symantec Corp. (Nasdaq: SYMC) has announced an enhanced capital allocation strategy that is expected to return approximately 50% of free cash flow to shareholders over time, according to a company statement. “A dividend program is a sign of the confidence we have in our just announced strategy and operational plan …

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Symantec Names Yahoo, CNET Vet Stephen Gillett COO; Steve Bennett Comments

Symantec (NASDAQ: SYMC) has appointed Stephen Gillett, formerly an executive vice president and president for global marketing and strategy at Best Buy Digital, as EVP and chief operating officer. The appointment is effective Friday, Symantec said, and Gillett will report to Chairman and CEO Steve Bennett, who started as chief …

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