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Symantec CEO Exits as Company Misses Earnings Forecast

Anti-virus firm Symantec CEO Greg Clark resigns as company misses earnings estimates. Clark had served as CEO since August 1, 2016, when company acquired Blue Coat, of which he was then CEO, for $4.7 billion. Company’s stock price dropped almost 13 percent on Friday, with the value of the company’s stock dropping 13 percent. Richard Hill, interim CEO, has been serving as interim president and CEO following Clark’s departure, on Thursday. Hill previously served as chairman and CEO of semiconductor manufacturer Novellus Systems.”]

Source: https://www.cuinfosecurity.com/symantec-ceo-exits-as-company-misses-earnings-forecast-a-12468

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