Will Symantec's Next Step Be A Breakup?


FusionStorm's Serpico said it is still too early to tell how Salem's departure will impact the channel. However, he said, Symantec's next moves will determine how it deals with the channel going forward.

"Everybody is looking for recurring revenue," he said. "Whether you are in the services business or a traditional reseller, you want future revenue streams. The impact from what Symantec does depends on whether it helps us or hurts us. Our solutions depend on what our vendors do. And whether that's SaaS or licensing, this could go a thousand different ways."

Symantec declined to provide further comment on Salem's departure.

However, in a statement e-mailed to CRN, which was not attributed to a specific executive, Symantec wrote, "Symantec announced that Enrique Salem, president and chief executive officer, has stepped down effective immediately and Symantec's board of directors has appointed Steve Bennett as president and chief executive officer, in addition to his continued role as chairman of the board. Bennett’s appointment is permanent and he will begin his duties as day-to-day CEO immediately. The board's decision to make a leadership change was not based on any particular event or problem but was instead made after ongoing consideration and a deliberative process."

PUBLISHED JULY 25, 2012