CUPERTINO, Calif. - April 10, 2003 - Symantec Corp. (Nasdaq: SYMC) today announced the appointment of David Mahoney, former co-CEO of McKesson HBOC, Inc. and CEO of iMcKesson, to the Symantec board of directors, bringing the total number of directors on the board to nine. McKesson is the leading provider of supply, information and care management products and services designed to reduce costs and improve quality across healthcare.
"David's addition to the board strengthens the diversity of experience from which Symantec can draw," said John W. Thompson, Symantec chairman and chief executive officer. "He brings a wealth of broad business expertise as well as in-depth experience in the healthcare industry, a major vertical focus for Symantec."
Joining McKesson in 1990 as vice president for strategic planning, Mahoney was responsible for planning and corporate development. He is credited with growing the PCS Health System subsidiary and played a key role in the ultimate sale of that group to Eli Lilly & Company in 1994. He had overall responsibility for McKesson's strategic relations with pharmaceutical and biotechnology companies, was responsible for the establishment of the Pharmaceutical Partners Group at McKesson, and the launch of a revolutionary new generics program. In addition, Mahoney led the development of several critical McKesson eHealth initiatives focused on payer IT solutions, physician office connectivity, and consumer healthcare decision support.
Prior to joining McKesson, Mahoney was a principal with McKinsey & Company's San Francisco office, where he worked from 1981 to 1990. In addition to building a strong client base across several industries, he was active in significantly enhancing recruiting and training programs. He also served as one of three U.S.-based principals on a worldwide strategy project.
Mahoney has also been a director of Nadro, S.A., the leading specialized distributor to Mexico's healthcare sector; of Cytel Corporation (now Epimmune) a biotechnology company; and of Armor All Corporation. Mahoney has a bachelor's degree from Princeton University and a master's of business administration from Harvard University. He is a member of the Young Presidents' Organization where he is currently Chapter Chair of the Golden Gate Chapter.
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
NOTE TO EDITORS: : If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States.
Symantec, the Symantec logo, VERITAS, and the VERITAS logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the United States and certain other countries. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.