The head of cybersecurity vendor of SymantecEnrique Salem holding a post of the president and CEO of the company in July, 2012 resigned[1] without delay after the company reported unsatisfactory financial results for the next quarter which ended on July 29, 2012. For this period revenue of the company grew only by 1% in annual terms to $1.7 billion, and profit decreased by 10% to $172 million[2].
The Board of Directors of Symantec appointed to a vacant position of Steve Bennett, the chairman of the board of directors of the company who will combine three positions at the same time now. The decision of council on replacement on the leading post is dictated not only assessment of what was made or is not made, but also the followed consultative and negotiation process, Dan Schulman, again appointed leading director of Symantec said.
According to Bennet, "an asset of Symantec are strong, and the current opportunities are used for the company inefficiently". It will be required to Bennet from three to four months on development of new strategy of Symantec. According to him, at first it is necessary to understand what occurs in the market, and then to plan further steps. "It is evolution, but not revolution", - he added. Bennet emphasized that he will become not the provisional director, and plans is on this to a post from 3 to 5 years.
Bennet also added that at this stage it is important to reveal strong and weaknesses of business of Symantec that can cause further measures up to reorganization, but so far early draw such conclusions, the top manager considers.
In particular, again appointed head of Symantec considers that the victory in the market of mobile solutions as already when it was succeeded to win in the market of personal computers will become the main task of the company. James Beer, the executive vice president and the chief financial officer of vendor, said that Symantec will be focused on development of the new products intended for mobile devices.
One more direction which can be strengthened is solutions on a subscription. By words Bira, now Symantec notes the growing interest of users in such solutions that "is surprising", according to it. The direction of industrial solutions on a subscription grew in a year by 24% that is rather significant result, he told.
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