Symantec has announced that interim CEO Michael Brown will take on the role full time, having served in the position for six months since the firing of previous chief Steve Bennett in March earlier this year.
Symantec said that in the interim role Brown had provied himself adept at managing the company and had a clear vision of how to take it forward in the current market.
The chairman of Symantec’s board, Dan Schulman said: “As interim CEO, Mike brought energy and intensity to the organisation that created momentum in the business, made significant improvements to Symantec’s operating and financial performance and brought additional talent to our industry-leading team,” he said.
“Most importantly, he demonstrated vision and creativity as he has worked with the board and the management team to develop a strategic plan based on focused investment and innovation in key areas of high customer need.”
Brown joined Symantec’s board of directors when the company bought Veritas Software in July 2005. He previously served as chairman and chief executive officer of Quantum Corporation.
Brown said he was “honoured” to be offered the job full time and was confident he could continue the good work he has done so far.
“In my time as interim CEO, Symantec has made significant progress to strengthen our business and accelerate our innovation, and I am proud of the individual and collective efforts of Symantec’s team,” he said.
“Specifically, we are focusing our investments in businesses where demand is greatest and improving operational efficiencies to grow revenue and operating margin.”
Symantec will be hoping Brown remains in the role for some time, as he is the third CEO at the company in as many years, after long-standing chief Enrique Salem left the company in 2012.