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Dave DeWalt exits Intel’s McAfee subsidiary

Ex-president has exited the building
Wed Jul 13 2011, 11:10

SECURITY FIRM McAfee has announced some changes at the top, including the departure of its president, Dave DeWalt.

The firm, which was recently acquired by Intel, is not completely waving goodbye to the man that sat at the head of its conference table, and DeWalt will serve as a non-employee member of the McAfee board of directors.

No one will fill DeWalt's shoes, rather two men will. McAfee said that by the third quarter of this year it will have installed Michael DeCesare and Todd Gebhart as co-presidents. This pair will report to Renée James, Intel SVP and group general manager and chairman of the McAfee subsidiary.

DeCesare is currently EVP for global operations, and Gebhart is EVP and general manager of consumer, mobile and small business at McAfee, the firm added.

"With the formation of the office of the president, we have two proven executives with long histories of accomplishment and leadership at McAfee," said James as he announced the changes.

"I appreciate Dave's many contributions to the company and look forward to continuing to work with him on the McAfee Board of Directors. We anticipate a smooth transition and I am confident that the incredibly talented people of McAfee will remain focused on innovation, delivering products and services that help make connecting to the digital world safer and more secure."

James added that Intel is "very pleased with McAfee's performance in terms of both sales and innovation since the acquisition was announced last year", words that must have soothed DeWalt's ears as he looked at his empty desk and pondered his future.

The announcement comes roughly a year after Intel announced its acquisition of McAfee. This brief summer spending frenzy saw it part with $4.9bn (£3.06bn) for the security firm. µ

 

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