Feeds

VeriSign boss signs off

Shock departure

SANS - Survey on application security programs

Stratton Sclavos, boss of VeriSign for the last 12 years, has unexpectedly quit the security and domain registrar firm with no explanation.

The board announced yesterday he had been replaced with immediate effect by William Roper, an non-executive director who was an EVP at defence contractor firm Science Applications International Corporation.

Verisign, which is responsible for managing the top level .com and .net domains, has pursued a very broad strategy, including opening a family-friendly movie download store, and buying a mobile content venture.

It has also suffered a chequered financial history, most recently having been forced to restate numbers back to 2001 as part of the SEC stock options investigation. It also expects to cough $250m in charges as a result of its practices.

The announcement said that a "substantially completed" review of the stock options irregularities had cleared Sclavos of any wrongdoing, and wished him well for the future. Other Silicon Valley CEOs, including Apple's Steve Jobs, have been investigated for their part in stock options chicanery, and remain in charge.

VeriSign's shares were up slightly at end of trading yesterday. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
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.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.