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Friday, 21 March 2014 09:33

Breaking News: Symantec Terminates CEO Steve Bennett; Appoints Interim Leader Featured

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Symantec Terminates CEO; Appoints Board Member as Interim Leader 

Symantec appointed board member Michael Brown as interim president and CEO, following the termination of Steve Bennett as the company's president and CEO and his resignation from Symantec's board. A special committee of the board will immediately begin the search for a permanent CEO with the assistance of a leading executive search firm. Steve Bennett was named Symantec’s CEO in July 2012. Prior to that, Bennett joined Symantec’s board in February 2010, and was chairman from 2011 to 2013.

Bennett was previously Intuit’s president and CEO. He joined Intuit after a 23-year career at General Electric, where he held a variety of key management roles in numerous areas of the business, including GE Capital e-Business, GE Capital Vendor Financial Services, GE Electrical Distribution and Control, GE Appliances, GE Medical Systems and GE Supply. 

Interim CEO Brown joined Symantec's board following the company's merger with VERITAS Software in 2005. He has been the board chairman and CEO coach for several successful technology companies prior to their acquisitions, including EqualLogic, Line 6 and The Echo Nest. He previously served as chairman and CEO of Quantum Corporation.

Date: March 21, 2014

Read 12542 times Last modified on Tuesday, 15 September 2020 12:46
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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