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10 Things You Need To Know About New McAfee CEO Peter Leav

From growing channels to forging alliances with IBM and Microsoft to engineering two multibillion-dollar sales to private equity firms, here’s a look at 10 of the most notable moments from Leav’s previous CEO and leadership stints.

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Charting A New Course

McAfee surprised industry observers Thursday with the news that longtime leader Chris Young will be stepping down Feb. 3 and Peter Leav has been brought in from the outside to replace him. Leav has deep executive experience in the tech sector, having served as CEO of BMC Software and Polycom, but has never been employed by a cybersecurity company in his nearly two-decade career.

Leav’s previous CEO stints were relatively brief (both under three years), and both included courting a strategic buyer (and, in one case, reaching a preliminary acquisition agreement) before ultimately settling on a sale to a private equity firm. Before rising to CEO, Leav put his partner chops to the test overseeing indirect channels at financial services vendor NCR.

Like Polycom and BMC Software years ago, McAfee today finds itself at an ownership crossroads, with reports of TPG Capital’s desire to cede its ownership stake in the platform security giant swirling for more than a year. Most recently, The Wall Street Journal said that McAfee is looking at combining its own consumer business with the $2.41 billion pure consumer operation of longtime foe NortonLifeLock.

From growing channels to forging alliances with IBM and Microsoft to engineering two multibillion-dollar sales to private equity firms, here’s a look at 10 of the most notable moments from Leav’s career.

 
 
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