Symantec Corporation announced the leadership changes. Richard S. Hill, current Symantec director and former Chairman and CEO of Novellus Systems, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Hill succeeds Greg Clark, who has stepped down as President and CEO and as a member of the Symantec Board, also effective immediately.

The Company will commence a search process to find a permanent CEO. Vincent Pilette, CFO of Logitech and former VP of Finance for Hewlett Packard Enterprise's server, storage and networking business, has been appointed Executive Vice President and Chief Financial Officer of Symantec. He is anticipated to join the Company on May 21, 2019.

Mr. Pilette's appointment follows a comprehensive search process initiated in connection with Nicholas Noviello's departure as EVP and CFO as announced on January 31, 2019. Mr. Hill has been a member of Symantec's Board since January 2019. Mr. Hill has served as Chairman of the board of directors of Marvell Technology Group Ltd., a semiconductor company, since May 2016 and as a member of the boards of directors of Arrow Electronics Inc., an electronic components and enterprise computing solutions company, since 2006, Cabot Microelectronics Corporation, a chemical mechanical planarization supplier, since June 2012, and Xperi, an electronic devices development company, since August 2012 and as its Chairman since March 2013.

Mr. Pilette has substantial expertise as a senior financial executive of technology companies. He brings over 20 years of financial management experience in the U.S. and EMEA, most recently as Chief Financial Officer of Logitech International S.A., from September 2013 to May 2019. During his tenure at Logitech, he was responsible for the company's financial strategies and worldwide finance organization, managing consolidated revenues of almost three billion dollars (U.S.), tax, treasury, accounting, financial planning and analysis, and communication with an international base of shareholders trading Logitech shares on the SIX Swiss Exchange and the Nasdaq Global Market.