Gen Digital names Vincent Pilette as CEO
Gen Digital Inc. (NASDAQ: GEN), a global leader in digital freedom solutions, has announced significant changes in its leadership structure. Frank Dangeard, who has been serving as Chairman of the Board of Directors, is stepping down due to personal health reasons. Vincent Pilette, the company's CEO since 2019, has been elected to assume the additional role of Board Chair. Additionally, Sue Barsamian has been appointed as Lead Independent Director, effective immediately.
Under Dangeard's leadership, Gen Digital transformed from a Cyber Safety company to expanding into Trust Based Solutions, including Financial Wellness. The Board unanimously elected Pilette to take on the expanded role as the company enters its next phase of growth and value creation. Dangeard expressed his confidence in the company's future, stating that the talented team and Pilette's leadership have positioned Gen for a bright future. Barsamian, as Lead Independent Director, will continue to bring independent perspectives and robust governance oversight.
Gen Digital is committed to empowering people to thrive in a rapidly evolving digital landscape. With a portfolio of trusted consumer brands including Norton, Avast, LifeLock, and MoneyLion, the company aims to provide financial empowerment and cyber safety for the first digital generations. Gen Digital brings award-winning products and services in cybersecurity, online privacy, identity protection, and financial wellness to nearly 500 million users in over 150 countries.
References:
[1] https://www.prnewswire.com/news-releases/gen-announces-leadership-transition-for-its-board-of-directors-302511083.html
[2] https://www.stocktitan.net/news/GEN/gen-announces-leadership-transition-for-its-board-of-po1zyue2fa9z.html
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