Symantec promotes Michael Brown from interim to permanent CEO

Symantec's board looked at more than 100 candidates, a third of which were seriously vetted for the top job.


Symantec has found itself a new permanent chief executive officer, although there wasn't much of a shakeup in the end.

Interim CEO Michael Brown has been given the green-light and will now permanently remain in his post.

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Brown joined Symantec's board after the merger with Veritas Software in July 2005. He also previously served as CEO of Quantum.

Brown took the reins on an interim basis earlier this year amid the immediate ouster of then-CEO Steve Bennett.

At the time, Symantec Chairman Daniel Schulman said in a statement that the decision to swap out Bennett was "the result of an ongoing deliberative process, and not precipitated by any event or impropriety."

Symantec then announced it would begin a search for a new CEO. In conjunction with executive search firm Russell Reynolds, Symantec's board looked at more than 100 candidates, a third of which were seriously vetted for the top job.

Given the full-time gig, it is apparent that the board must be pleased with Brown's record thus far.

In August, the security giant started fiscal 2015 on a high note with better-than-expected first quarter earnings.

Highlighting growth for its enterprise business, Brown outlined in the report that Symantec's ongoing investments hone in on five key assets: backup appliances, mobile, advanced threat protection, managed security services and data loss prevention.

Brown is scheduled to provide an updated strategic plan with shareholders, customers and employees within the next month.

Image via Symantec Investor Relations


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