Former Symantec CEO Greg Clark was named as Forescout’s new CEO just weeks after the company’s contentious sale to Advent International closed.
Longtime Forescout President and CEO Mike DeCesare will exit day-to-day management after leading the San Jose, Calif.-based cybersecurity vendor through multiple rounds of outside funding, a $116 million initial public offering in October 2017 and the sale to private equity firm Advent at a reduced price of $1.4 billion. DeCesare will join Clark as co-chair of Forescout’s board.
A source told CRN that DeCesare’s exit as CEO is part of a broader set of leadership changes at Forescout, which will also include the departure of Chief Revenue Officer Steve Redman and Vice President of Worldwide Channel Sales Jonathan Corini. Also joining Clark at Forescout will be former Symantec Americas channel chief Keith Weatherford, the source told CRN.