SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox
Kicked Upstairs
Veritas chief gets promoted at Symantec, even as sales slip
September 13, 2005
1 Min Read
5:50 PM - Today, IDC numbers show Veritas Software Corp. (Nasdaq: VRTS) lost revenue in all its major storage segments last quarter as it prepared to become part of Symantec Corp. (Nasdaq: SYMC).
What better day for Symantec to promote Veritas CEO Gary Bloom? (See IDC: Storage Software Surges.)
Instead of getting the boot, Bloom's been made president and given responsibility for all six Symantec business units. He'd been chairman and co-president, but became Symantecs one and only president when John Schwarz resigned to become CEO of Business Objects (Nasdaq: BOBJ).
Another bad quarter, and maybe Bloom will have CEO John Thompson’s job.
— Dave Raffo, Senior Editor, Byte and Switch
More Insights
Webinars