The security and storage company Symantec fired their CEO, Enrique Salem, in 2012. Michael Brown will be replace by Michael Brown from the board of directors. The company’s stock suffered in after hours trading as a result of the move. The board was anything but happy with his performance. The fact that they used the word “termination” puts a fine point on that one. The decision was the result of an ongoing deliberative process, and not precipitated by any event or impropriety.”]
Source: https://www.csoonline.com/article/2136260/symantec-ceo-fired.html