SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Symantec (SYMC) - What does it look like?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ilya A. Vasserman who wrote ()4/7/1999 12:15:00 PM
From: bonehead  Read Replies (1) of 2069
 
From The AP News Wire:

APRIL 07, 08:27 EDT

Symantec Chief Goes To Oblix

CUPERTINO, Calif. (AP) — After 15 years as chairman of Symantec Corp., Gordon Eubanks is resigning to become CEO of Oblix Inc., a maker of business directory software.

Eubanks said Tuesday that he will stay with Symantec until a successor is found.

''Oblix is a pioneer that has tremendous potential and upside,'' said.

Eubanks, 52, announced in January that he was launching a search for his own successor to take over the day-to-day operations of Symantec, maker of the Norton brand of computer utilities software.

Eubanks, who wants to bring in an executive from outside the company, said the search is still on and would not say when he would step down or move to Oblix.

The privately held Oblix, based in Mountain View, is a 3-year-old company that produces automated software that is used by corporations like Kinko's and Hitachi to keep track of employees and services over a network.

Analyst Todd Chipman of Giga Information Group said Oblix is a pioneer in the field of directory software, which will be an increasingly important product as companies turn to electronic commerce for revenues.

''Gordon Eubanks brings instant clout to Oblix,'' Chipman said. ''It is an absolute grand slam for them.''

Eubanks founded C&E Software in 1983, and that company purchased Symantec in 1984.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext