Symantec board leaves company exposed

Symantec Chief Executive Greg Clark on May 9 said he is leaving the company, effective immediately. Clark became CEO in 2016 after Symantec bought the company he ran at the time, Blue Coat.

The company named Richard Hill as interim chief; he has been a director since January this year. It also said that Vincent Pilette is the new finance chief, replacing Nicholas Noviello, whose departure was announced in January. Symantec also reported fourth-quarter earnings on May 9 of $34 million. That equates to 5 cents a share under generally accepted accounting principles and 39 cents a share under non-GAAP. The mean estimate of sell-side analysts was for 39 cents a share, according to I/B/E/S from Refinitiv. Revenue of $1.19 billion was just shy of the mean estimate.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Symantec CEO to step down in abrupt departure as company warns on profitSymantec Corp's chief executive officer stepped down unexpectedly on Thursd... Is he about to throw up a white supremacy sign?
Source: Reuters - 🏆 2. / 97 Read more »

John Kelly joins board of company that operates shelters for migrant childrenFormer White House chief of staff and retired Marine Gen. John Kelly has joined the board of directors for Caliburn International, the parent company of Comprehensive Health Services, which operates shelters for unaccompanied migrant children. your point? That should go well. Lol
Source: cnnbrk - 🏆 393. / 55 Read more »

John Kelly joins board of company that detains migrant kidsCaliburn International's Chief Executive James Van Dusen confirmed the appointment of the former Trump White House chief of staff. Some Congress members have described “prison-like” conditions in the facility in Homestead, Fla. DrainTheSwamp Anyone who works for Trump is a scumbag. Anyone who supports Trump is a scumbag. Republicans are evil. Only because Satan’s job was already taken.
Source: latimes - 🏆 11. / 82 Read more »

Symantec stock plummets as CEO steps down amid earnings missSymantec Corp. shares were slammed in after-hours trading Thursday, after the company reported an earnings miss and disappointing guidance and Chief...
Source: MarketWatch - 🏆 3. / 97 Read more »