Second to go after CEO purge
There appears to be a night of the long knives taking place at the security outfit Symantec.
The outfit fired its CEO and got a new bloke to revitalize the company company in July. Since Steve Bennett a couple of executives have decided that the grass is always greener on the other side of the fence. Now one of its group presidents, Rowan Trollope, is leaving the company, making him at least the second senior executive to go.
The company said in a filing with the Securities and Exchange Commission that Trollope resigned, effective November 12, to pursue another job. Trollope oversaw the Symantec units focused on cloud computing and small- and medium-sized business clients. This should be the area where Symantec is doing well as cloud is an area which is attracting big dollars.
Bennett said in a conference call last month that all options were on the table as he engineers a turnaround company and that he was starting with "a clean piece of paper." We find a clean sheet of paper is always useful if your business is going down the loo.