You are here: silicon.com > Software > Security Strategy

Network Associates names Samenuk as new CEO

Network Associates, the computer security company, has named George Samenuk, a veteran IBM executive as its new CEO.

By Lisa Burroughes

Published: 4 January 2001 11:44 GMT

Samenuk replaces Bill Larsen who has been in charge of the company since 1993, but announced his departure last week amid forecasts of further drops in sales.

The company saw a dramatic drop in share price at the end of December after a period of poor sales, which has prompted legal action from the company's shareholders. A class action lawsuit was filed on Wednesday in California seeking damages for business activities between July and December 2000.

Samenuk most recently served as president and CEO of online exchange Tradeout.com. Network Associates' share price has risen 75 cents on the news of his appointment.

Add comment

Print story with

Email story

Users fail to see full security picture

New year, new problems for NAI

Cisco settles shareholder suit saga for $90m

Salesforce.com execs accused of misleading shareholders

JD Edwards sues Ellison and Oracle for $1.7bn

In silicon.com

Commentary

Clive Longbottom Windows 7: Not perfect - but ready for prime time Microsoft's latest OS fixes most of Vista's ills - but still has challenges ahead

Stephen Kleynhans Mind the details with Windows 7 Just because it might work better than Vista, it doesn't mean you can be sloppy

Latest News

Bletchley Park's World War Two codebreakers in their own words

'You're responsible for your own wi-fi security' say ISPs

'UK must up privacy safeguards following Phorm'

The top 10 technologies you need to plan for next year

Windows 7: Who's adopting it, when and why?

Jobs

CTO / Networking / 3rd Line Support

The CTO is in charge of the network from design to build and maintenance. Determine and take appropriate action where performance criteria are not ...

Marketing Manager

With Sales, manage the customer/prospect database, determine priorities, analyse trends & forecasts, and report regularly. Work with CEO, Sales team, ...

People and Change Financial services consultants

Facilitating the appointment of individuals to delivery teams. There will be opportunities for some focus on product and business development, and it ...

Special Report Focus

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.