Symantec board makes a change at the top
Symantec announced that Enrique Salem, president and chief executive officer (CEO), has stepped down effective immediately and Symantec’s board of directors has appointed Steve Bennett president and chief executive officer, in addition to his continued role as chairman of the board.
“Enrique Salem has been a significant contributor during his 19 years’ associated with Symantec, including the last three years as CEO,” says Steve Bennett, chairman, president, and CEO. “While progress has been made over the last three years in many areas, it was the board’s judgment that it was in the best interests of Symantec to make a change in the CEO.”
“The board’s decision to make a leadership change was not based on any particular event or impropriety but was instead made after ongoing consideration and a deliberative process,” says Dan Schulman, Symantec’s newly-appointed lead director. “We are fortunate as a board to be able to name Steve as CEO and achieve continuity in leadership. Steve understands the company well, had a great track record at Intuit and General Electric and is a perfect fit for moving the company forward.”
Steve Bennett joined Symantec’s board of directors in February 2010 and became chairman in 2011. Bennett previously led Intuit serving as president and chief executive officer from 2000 to 2007.
Prior to that Bennett had a 23-year career at General Electric, where he managed organizations from consumer appliances to financial services.