Symantec Announces CFO Departure
Andrew Del Matto, SVP and Chief Accounting Officer, to Serve as
Acting Chief Financial Officer
MOUNTAIN VIEW, CA -- (Marketwired) -- 09/30/13 -- Symantec Corp.
(NASDAQ: SYMC) today announced that James Beer, the company's
executive vice president and chief financial officer, will leave the
company to become the chief financial officer of McKesson
Corporation. Beer has served Symantec as CFO since 2006, playing an
instrumental role in extending the company's leadership in
information security and management.
"James is a talented executive and we thank him for his many
contributions during the past seven years," said Steve Bennett,
president and chief executive officer, Symantec. "I appreciate the
leadership he displayed this past year in helping to create,
implement, and drive significant progress in our transformation. He's
helped strengthen our financial foundation, which will serve his
successor, our company, and our shareholders well for the long term.
We wish James the greatest success in his future with McKesson."
Andrew "Drew" Del Matto, Symantec's senior vice president and chief
accounting officer, will serve as the company's acting chief
financial officer, while the company considers both internal and
external candidates for the CFO role. During his eight years at the
company, Del Matto has served as the company's corporate treasurer
and vice president of finance business operations leading corporate
financial planning and analysis and revenue operations. He previously
held senior finance leadership roles with Inktomi Corporation and SGI
Corporation. Del Matto began his career as a CPA in public accounting
with KPMG LLP. He holds a B.S. from Ohio University and a M.B.A. from
Golden Gate University.
"It's been an incredible learning experience to be a part of this
transformation. I would like to thank everyone associated with
Symantec for the opportunity to contribute to the company over the
last seven years," said Beer. "I came to Symantec with the belief in
its strategic direction and I leave with even greater confidence in
the company's rich opportunity as a leader in protecting and managing
information. I believe Symantec's solid financial foundation
positions the company well for continued improvement."
Symantec protects the world's information, and is
the global leader in security, backup and availability solutions. Our
innovative products and services protect people and information in
any environment -- from the smallest mobile device, to the enterprise
data center, to cloud-based systems. Our industry-leading expertise
in protecting data, identities and interactions gives our customers
confidence in a connected world. More information is available at
www.symantec.com or by connecting with Symantec at:
NOTE TO EDITORS: If you would like additional information on Symantec
Corporation and its products, please visit the Symantec News Room at
http://www.symantec.com/news. All prices noted are in U.S. dollars
and are valid only in the United States.
Symantec and the Symantec Logo are trademarks or registered
trademarks of Symantec Corporation or its affiliates in the U.S. and
other countries. Other names may be trademarks of their respective
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