We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Symantec's Thompson quits after 10 years as CEO

Internet security vendor names replacement

Symantec CEO John Thompson, who has lead the internet security vendor for the last decade, is retiring.

Thompson, 59, will be replaced by Enrique Salem, Symantec's chief operating officer, effective April 4, 2009.

During his tenure, Thompson built Symantec from a consumer desktop software vendor, best known for its Norton products, into a leading enterprise software provider. The company aggressively acquired new software companies including its most high-profile purchase: the 2005 $10.5bn acquisition of enterprise storage software vendor Veritas.

Although Symantec has warned of a slowdown in sales recently, executives said on Monday that they have been working on the transition for the past 10 months already, an effort called 'Project Texas'.

"I've always believed that 10 years was long enough to sit in this role," Thompson said in a call with financial analysts on Monday.


IDG UK Sites

Best Black Friday 2014 tech deals: Get bargains on smartphones, tablets, laptops and more

IDG UK Sites

What the Internet of Things will look like in 2015: homes will get smarter, people might get fitter

IDG UK Sites

See how Trunk's animated ad helped Ade Edmondson plug The Car Buying Service

IDG UK Sites

Yosemite tips: Complete Guide to OS X Yosemite