Symantec Replaces CEO; Sharpens Cloud Computing, Mobile Focus
Grazed from Economic Times. Author: Editorial Staff.
Symantec Corp unexpectedly replaced its chief executive, naming current Chairman and former Intuit Corp CEO Steve Bennett to run the world’s biggest maker of security software.
The company said Enrique Salem had stepped down on Tuesday, ending a three-year term during which he and the company had been criticized by investors for a string of financial disappointments.
Symantec, which had not previously said it was considering replacing Salem, also issued a quarterly outlook that was below Street projections as it announced the news on Wednesday morning…

