Gen Announces Leadership Transition for its Board of Directors
Gen Digital (NASDAQ: GEN) announced significant leadership changes in its Board of Directors. Frank Dangeard is stepping down as Chairman due to personal health reasons, while CEO Vincent Pilette will assume the additional role of Board Chair. Current board member Sue Barsamian has been appointed as Lead Independent Director, with both changes effective immediately.
Under Dangeard's leadership, Gen transformed from a Cyber Safety company to expanding into Trust Based Solutions including Financial Wellness. The Board unanimously elected Pilette, who has served as CEO since 2019, to take on the expanded role as the company enters its next phase of growth and value creation.
Gen Digital (NASDAQ: GEN) ha annunciato importanti cambiamenti nella leadership del suo Consiglio di Amministrazione. Frank Dangeard si dimette dalla carica di Presidente per motivi di salute personali, mentre l'Amministratore Delegato Vincent Pilette assumer脿 anche il ruolo di Presidente del Consiglio. La attuale membro del consiglio Sue Barsamian 猫 stata nominata Direttrice Indipendente Capo, con entrambe le modifiche effettive immediatamente.
Sotto la guida di Dangeard, Gen si 猫 trasformata da un'azienda di Cyber Safety a un'impresa che si espande nelle Soluzioni Basate sulla Fiducia, inclusa la Benessere Finanziario. Il Consiglio ha eletto all'unanimit脿 Pilette, che ricopre il ruolo di CEO dal 2019, per assumere il ruolo ampliato mentre l'azienda entra nella sua prossima fase di crescita e creazione di valore.
Gen Digital (NASDAQ: GEN) anunci贸 cambios significativos en el liderazgo de su Junta Directiva. Frank Dangeard renuncia como Presidente por razones personales de salud, mientras que el CEO Vincent Pilette asumir谩 el rol adicional de Presidente de la Junta. La actual miembro de la junta Sue Barsamian ha sido nombrada Directora Independiente Principal, con ambos cambios efectivos de inmediato.
Bajo el liderazgo de Dangeard, Gen se transform贸 de una empresa de Ciberseguridad a expandirse en Soluciones Basadas en la Confianza, incluyendo Bienestar Financiero. La Junta eligi贸 por unanimidad a Pilette, quien ha sido CEO desde 2019, para asumir el rol ampliado mientras la compa帽铆a entra en su pr贸xima fase de crecimiento y creaci贸n de valor.
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Gen Digital (NASDAQ: GEN) a annonc茅 des changements importants dans la direction de son conseil d'administration. Frank Dangeard d茅missionne de son poste de pr茅sident pour des raisons de sant茅 personnelles, tandis que le PDG Vincent Pilette assumera 茅galement le r么le de pr茅sident du conseil. L'actuelle membre du conseil Sue Barsamian a 茅t茅 nomm茅e directrice ind茅pendante principale, ces deux changements prenant effet imm茅diatement.
Sous la direction de Dangeard, Gen est pass茅e d'une entreprise de cybers茅curit茅 脿 une soci茅t茅 茅largissant son offre aux solutions bas茅es sur la confiance, y compris le bien-锚tre financier. Le conseil a 茅lu 脿 l'unanimit茅 Pilette, qui est PDG depuis 2019, pour assumer ce r么le 茅largi alors que l'entreprise entre dans sa prochaine phase de croissance et de cr茅ation de valeur.
Gen Digital (NASDAQ: GEN) gab bedeutende F眉hrungs盲nderungen im Vorstand bekannt. Frank Dangeard tritt aus pers枚nlichen Gesundheitsgr眉nden als Vorsitzender zur眉ck, w盲hrend CEO Vincent Pilette zus盲tzlich die Rolle des Vorstandsvorsitzenden 眉bernimmt. Das derzeitige Vorstandsmitglied Sue Barsamian wurde zur Lead Independent Director ernannt, beide 脛nderungen treten sofort in Kraft.
Unter Dangeards F眉hrung wandelte sich Gen von einem Cyber-Sicherheitsunternehmen zu einem Anbieter von vertrauensbasierten L枚sungen, einschlie脽lich finanzieller Wellness. Der Vorstand w盲hlte Pilette, der seit 2019 CEO ist, einstimmig in die erweiterte Rolle, w盲hrend das Unternehmen in seine n盲chste Wachstums- und Wertsch枚pfungsphase eintritt.
- Seamless leadership transition with existing CEO Vincent Pilette taking Chairman role
- Appointment of experienced board member Sue Barsamian as Lead Independent Director ensures continued governance oversight
- Company has successfully transformed from Cyber Safety to Trust Based Solutions under current leadership
- Unexpected departure of Chairman Frank Dangeard due to health reasons
- Concentration of power with CEO now also serving as Board Chair
"On behalf of the entire company and Board, I want to express my deepest gratitude to Frank. I'll always be grateful for his supportive leadership and dedication to our mission, our team, and to me personally," said Vincent Pilette, CEO of Gen. "As we established Gen, Frank's counsel was pivotal in shaping our strategy, reinforcing strong governance, and inspiring us to lead with both ambition and integrity. While we fully respect his decision to step back, his impact will be felt for years to come. We wish him strength as he focuses on his health and family."
During his tenure as Chair, Frank Dangeard has guided Gen through a rapid transformation鈥攆rom its roots in Cyber Safety to its expansion into Trust Based Solutions like Financial Wellness. Dangeard shared his thoughts on his decision, stating, "While my health requires me to step aside at this time, I am more confident than ever in Gen. The company has an exceptionally talented team, and Vincent and his leadership team have positioned the Company for a bright future. The Board's unanimous election of Vincent to take on this additional role will provide sharper focus as Gen accelerates its momentum and enters its next chapter of value creation. I am incredibly proud of what we have created and achieved together and remain a steadfast advocate of Gen."
Sue Barsamian said, "As Lead Independent Director, I will continue to bring independent perspectives and robust governance oversight. Gen has established a leading position in Consumer Cyber Safety, transformed the category into an AI-power Identity-led platform approach, and built an impressive track record of operational excellence. I look forward to continuing my partnership with Vincent and the Board as the Company embarks on its next phase of transformation."
Gen is a company committed to empowering people everywhere to thrive in a rapidly evolving digital landscape.
About Gen听
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted consumer brands including Norton, Avast, LifeLock, MoneyLion and more. The Gen family of consumer brands is rooted in providing financial empowerment and cyber safety for the first digital generations. Today, Gen empowers people to live their digital lives safely, privately and confidently for generations to come. Gen brings award-winning products and services in cybersecurity, online privacy, identity protection and financial wellness to nearly 500 million users in more than 150 countries. Learn more at GenDigital.com.听
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