CUPERTINO, Calif. - Jan 23, 2006 Symantec Corp. (NASDAQ: SYMC) today announced that Gary Bloom, currently serving as vice chairman and president, will leave Symantec following an orderly transition before the end of March. He also will resign from his position as vice chairman of the board of directors.
"Gary has been a terrific partner in the merger and with the integration of the teams complete, this is a natural time for this transition," said John W. Thompson, Symantec chairman and chief executive officer. "I appreciate the dedication and passion he brought to Symantec."
"The strength of the management team at Symantec gives me comfort in deciding to use this transition to take a break after almost 25 years in the high technology industry," said Bloom. "I still firmly believe in the strategic rationale for bringing Symantec and VERITAS together."
The lines of business currently reporting to Bloom will report directly to Thompson. Bloom's current role as president will not be filled at this time.
Bloom joined Symantec through the company's merger with VERITAS Software. Prior to the merger, Bloom had served at VERITAS Software as the chief executive officer from 2000 and as chairman since 2002. Bloom successfully led VERITAS to become the global leader in storage and availability software. Under Bloom's leadership, VERITAS grew its revenue to $2.04 billion in 2004.
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.
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