Feeds

Former Veritas chief quits Symantec

Boardroom exodus continues at security software giant

High performance access to file storage

Former Veritas chief exec Gary Bloom is to leave Symantec. Bloom, Symantec's vice chairman and president, will vacate both jobs before the end of March following an "orderly transition". In a statement, Bloom says he is taking a break after 25 years in the IT industry.

Bloom's exit follows the recent departures of Symantec's chief operating officer (and former president), John Schwarz, and chief finance officer, Greg Myers. This leaves Symantec chief exec John Thompson as the only survivor of the senior management team responsible for the mega-merger of Symantec and Veritas.

Thompson described Bloom as a "terrific partner" in the merger and integration of Symantec and Veritas last year while Bloom "still firmly believe[s] in the strategic rationale for bringing Symantec and Veritas together". The lines of business currently reporting to Bloom will report directly to Thompson, with Symantec leaving the position of president vacant, at least for now.

Bloom joined Symantec through the company's merger with storage software firm Veritas. Prior to the merger, Bloom served as Veritas chief exec for five years.

Symantec's share price closed at $17.56 on Tuesday down from $18.60 on Monday and $22.50 a year ago. Investor fears that Microsoft's entry in the consumer anti-virus market will erode revenue for Symantec and McAfee, rather than doubts about the rationale behind the Veritas and Symantec merger, are the likely explanation for this share price dip. ®

High performance access to file storage

More from The Register

next story
Seagate brings out 6TB HDD, did not need NO STEENKIN' SHINGLES
Or helium filling either, according to reports
European Court of Justice rips up Data Retention Directive
Rules 'interfering' measure to be 'invalid'
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
USA opposes 'Schengen cloud' Eurocentric routing plan
All routes should transit America, apparently
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.