Symantec's CEO exit seen denting turnaround plan, shares slide

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Symantec Corp faces an uphill battle to turn around its business and win investor confidence, analysts said on Friday, after Chief Executive ...

REUTERS: Symantec Corp faces an uphill battle to turn around its business and win investor confidence, analysts said on Friday, after Chief Executive Officer Greg Clark became the fifth top executive in six months to leave the cybersecurity company.

"Now investors find themselves in a familiar position of uncertainty as they await the new CEO, which could entail further changes and assessments and reset expectations." The company has been struggling with slowing sales and is still under investigation by U.S. regulators over an accounting irregularity.

 

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