Governance & Ethics

Symantec's Board of Directors has a duty to oversee all significant business issues, including strategy and long-term business plans, corporate responsibility, legal and ethical compliance, executive selection and compensation, and board conduct. To enable the Board to successfully perform these duties, Symantec adheres to corporate governance best practices:

  • Our eleven member Board is composed of ten independent directors and Symantec's CEO.
  • Only independent directors serve on the Audit, Compensation and Leadership Development, and Nominating and Governance Committees.
  • We hold annual election of all directors.
  • We have a majority vote standard for the election of our directors.
  • The positions of Chairman of the Board and Chief Executive Officer are separate.
  • Our Chairman is independent.
  • We strive to maintain a diverse board composition so as to accurately reflect the concerns of stockholders.

Learn more about the composition of our Board committees and their charters.

The policy of the Board is that compensation for independent directors should be a mix of cash and equity-based compensation. This is the only remuneration they receive during their tenure. Symantec does not pay employee directors any additional compensation for Board service. In addition, we have stock ownership guidelines for our directors to better align their interests with the long-term interests of our stockholders. Further details on director compensation and stock ownership guidelines are available in Symantec's Annual Reports.

Spotlight on Governance

Symantec enjoys a reputation for good governance policies and procedures, as demonstrated through Wall Street analysis. Symantec has been listed on the FTSE4Good Global Index, the Dow Jones Sustainability Indexes for North America, and the Dow Jones Sustainability Indexes for the World.

The Nominating and Governance Committee bears primary responsibility for corporate responsibility issues. It receives regular briefings on Symantec's corporate responsibility objectives and performance and oversees the Company’s compliance with legal requirements and ethical standards.

Ethics

The very nature of our business—assuring the security, availability, and integrity of our customers' information—requires a global culture of responsibility. Ethical conduct and integrity are the building blocks of Symantec’s business success.

The Symantec Code of Conduct

Our company’s standards of behavior are outlined in the Symantec Code of Conduct. The Code aligns our business practices and policies with our core values, sets expectations and provides the foundation for how we work. When necessary to provide additional guidance, we supplement our Code with detailed policies, for example: anti-corruption, non-discrimination, and non-retaliation policies.

The Code applies to all Symantec directors, officers, employees, subsidiaries, and entities world-wide and requires compliance with the provisions of the U.S. Foreign Corrupt Practices Act, global conventions which Symantec may be a party of, and all applicable anti-bribery and anti-corruption laws. The Code is dynamic and evolves to reflect our business environment and processes, regulatory standards and our understanding of global marketplace issues.

Employees are required to complete ethics and compliance training and sign a statement acknowledging that they have received, read, and agree to abide by the Code. Employees recertify their agreement to comply with Code provisions annually.

Concerns or Questions?

U.S./Canada: 1-866-833-3430
Online: SymantecEthicsLine.EthicsPoint.com
International: Find the number for your country

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Employees are expected to report any Code of Conduct or human rights violations to their manager, anyone in their management reporting chain, a Human Resources representative, the Office of Ethics and Compliance or to Symantec's Ethics Line which is run by an external, independent third party.

EthicsLine reports are forwarded to the Office of Ethics and Compliance. The Office of Ethics and Compliance ensures that each report is addressed and coordinates any investigation or assessment with the most appropriate Symantec office or department.