Cyber security company McAfee Corp. announced on Tuesday that chief executive Peter Leive is stepping down, and will be replaced by Greg Johnson, who previously worked for Intuit Inc. Was an executive at INTU,
The company said in a statement that the move comes as McAfee’s transition to a pure consumer protection company. In November, McAfee acquired Advent International Corp.
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for an estimated enterprise value of approximately $14 billion. It agreed to be acquired by an investor group led by .
“Greg has over 25 years of experience in the consumer business across truly innovative, pioneering brands,” McAfee President Bruce Chizen said in a statement. “Greg has an impressive track record of cultivating multi-billion dollar growth strategies for consumer businesses while delivering increasing value to customers. Greg’s proven expertise makes him the leader of choice to lead the company’s future growth.” manufactures.”
Johnson will take office on June 13.
“The McAfee brand carries an enviable reputation for trust, quality and innovation and I am excited to lead the company in its next phase of growth,” he said in a statement.
Credit: www.marketwatch.com /