Business

McAfee names Greg Johnson as new CEO

Cybersecurity company McAfee Corp. announced Tuesday that Chief Executive Peter Leav is stepping down and being replaced by Greg Johnson, formerly an executive at Intuit Inc. INTU,
-3.34%.

In a statement, the company said the move comes as McAfee transitions to becoming a pure-play consumer protection company. In November, McAfee agreed to be acquired by a company owned by Advent International Corp. managed group of investors for an estimated enterprise value of around 14 billion US dollars and was privatized about a year after the 2020 IPO.

“Greg brings more than 25 years of consumer business experience with truly innovative, leading brands,” McAfee chairman Bruce Chizen said in a statement. “Greg has an impressive track record of developing multi-billion dollar growth strategies for consumer companies while creating increasing value for clients. Greg’s proven expertise makes him the executive of choice to drive the future growth of the company.”

Johnson will take the reins on June 13.

“The McAfee brand has an enviable reputation for trust, quality and innovation, and I look forward to leading the company in its next phase of growth,” he said in a statement.

https://www.marketwatch.com/story/mcafee-names-greg-johnson-as-new-ceo-11653449112?rss=1&siteid=rss McAfee names Greg Johnson as new CEO

Brian Lowry

InternetCloning is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@internetcloning.com. The content will be deleted within 24 hours.

Related Articles

Back to top button