Appeared on March 25, 2014
LeBow’s Eli Fich, PhD, associate professor of finance, spoke to the Wall Street Journal about Symantec’s board amid the criticism surrounding its firing of its CEO last week. Fich says the average age of its members is “substantially higher” than other tech companies.
The WSJ reports: “Symantec last week fired Chief Executive Steve Bennett, less than two years after ousting his predecessor, who had himself spent only about three years on the job. The stock fell about 12 percent, suggesting the market thinks shuffling CEOs again may not solve Symantec’s problems.”