McAfee CFO Richards to Retire in December
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Internet security company McAfee Inc. Monday said Stephen Richards, its chief operating officer and chief financial officer, will retire at the end of the year to spend time with his family.
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You could say it&#39;s been quite a ride for Harley-Davidson&#39;s (HDI:NYSE - news - research) Jeffrey L. Bleustein. The motorcycle company said Thursday that Bleustein, 65, will retire as CEO, effective April 30, but continue as chairman.
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Google Inc said on Tuesday that  George Reyes plans to retire as chief financial officer by the  end of the year, and that the company will begin a search for a  replacement.
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Former press baron Conrad Black will quit as chairman and chief executive of his Canadian holding company, Hollinger Inc. (HLGc.TO: Quote, Profile, Research) , to
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McAfee, the large maker of security software, appointed David DeWalt of the EMC Corporation as its chief executive.
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Mitchell Baker has stepped down as the CEO of Mozilla Corporation, where she helped make the Firefox Web browser a potent rival to Microsoft&#39;s Internet Explorer.Baker is handing over the CEO job to John Lilly, Mozilla&#39;s chief operating officer, who becomes responsible for pushing out the updates to Firefox and Mozilla&#39;s Thunderbird e-mail software, the company announced Monday. Baker will retain her role as chairman and stay active within the group, she said.Baker has been with Mozilla since its inception. She was an attorney with Netscape Communications in the late 1990s when it created the Mozilla Organization, and she stayed with the group after AOL bought Netscape and helped to create the Mozilla Foundation in 2003.Since then the open-source browser has built a worldwide market share of about 15 percent, according to estimates, and as high as 30 percent in some European markets. Mozilla says it now has 125 million Firefox users worldwide.In a blog posting Monday, Baker said she&#39;d been thinking for some time about the best way to use her time and about which of her duties could be handled equally well by someone else. Those duties, it turns out, are the day to day management of Mozilla&#39;s software, while Baker sees a wider role for herself in improving the Web experience for end-users.&quot;I have a vision of the Internet and online life and a positive user experience -- and of Mozilla&#39;s role in creating these -- that is far broader than browsers, e-mail clients and even technology in general,&quot; she wrote.She said she&#39;ll focus on efforts to make the Web standards process more effective, make security &quot;understandable enough that people can protect themselves,&quot; and encourage more &quot;hybrid&quot; organizations like Mozilla -- &quot;organizations which serve the public benefit but support themselves through revenue rather than fund-raising.&quot;&quot;I want Mozilla&#39;s influence on the industry to go beyond the bits we ship as software. More particularly, I want to use the impact Firefox gives us in the market to get openness, collaboration and user control embedded in other products, services and aspects of online life,&quot; she wrote.Lilly, her replacement, will be focused on getting the next version of Mozilla&#39;s Web browser, Firefox 3, out of the door. He also wants to be more open about how Mozilla operates and how it will support itself in the future. &quot;I&#8217;d like us to start talking more in public about how the future looks for Mozilla,&quot; he wrote on his blog.Baker remains chairman of both the Mozilla Foundation, the non-profit side of the project, and the Mozilla Corporation, which was formed a few years ago to help raise funds and manage product releases.&quot;I&#39;ve been involved in shipping Mozilla products since the dawn of time, and have no intention of distancing myself from our products or [Mozilla Corporation,]&quot; Baker wrote.
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Microsoft has announced the resignation of its head of acquisitions, Bruce Jaffe, two days after the company&#160;bid $1.2 billion for enterprise search expert Fast Search &amp; Transfer. Jaffe will retire on Feb. 29, the company said.
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Louisiana-Pacific Corp., a maker of wood products, said Tuesday that chairman and chief executive Mark A. Suwyn will retire on Oct. 31.
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Microsoft's Bruce Jaffe, corporate VP in charge of acquisitions, is retiring on February 29.
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Former press baron Conrad Black will quit as chairman and chief executive of his Canadian holding company, Hollinger Inc. (HLGc.TO), to facilitate his offer to take the company private, his lawyer said on Friday.
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COLLEGE PARK, Md. -- Mall developer The Mills Corp., which is under investigation for accounting problems, said Monday that its longtime chief executive officer retired over the weekend, becoming the second high-ranking executive to leave in recent months.
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MicroStrategy, which makes business intelligence software, said Tuesday that Eric Brown resigned as president and chief financial officer in order to become CFO at McAfee Inc. which makes system security products.
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Starbucks Corp. (SBUX.O: Quote, Profile, Research) on Tuesday said its chief executive, Orin Smith, will retire next year, surprising investors, who sent the coffee shop chain&#39;s shares lower in after-hours trading.
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Made nervous by the announcement that McAfee&#39;s (MFE:NYSE - news - research) CFO plans to resign, investors on Tuesday sold off shares of the antivirus maker.
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ComcastÂs two longtime chief financial officers will retire next year and will be succeeded by an executive from a private equity firm.
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(InfoWorld) - McAfee Inc. has apologized to users for bugs in the company's new line of client protection software, released last month. In an e-mail sent to some users last week, McAfee Executive Vice President Bill Kerrigan acknowledged that there had been glitches in the roll out. "We would like to extend our sincere apologies to anyone who may have had problems with their computers due to the upgrade," he wrote. Not all McAfee customers have been given the new software, which is going through a phased roll out, according to a McAfee spokeswoman. However, users who receive software updates from McAfee directly, or who purchased the software in the past month may have had problems, she said. Both McAfee and rival Symantec Corp. have been contending with Microsoft Corp.'s recent entry into the antivirus market, hoping to stay one step ahead of their new competitor. With this new line of products, code-named "Falcon," McAfee introduced a new user interface as well as its SiteAdvisor Web site-rating software. McAfee estimates that fewer than 1 percent of customers who downloaded the new software have had difficulties, but the problems they experienced could be annoying. The new software didn't work well with some ISP (Internet service provider) software, causing browsing slow-downs for some users, the company said. And customers who had disabled firewall protection would be presented with notification messages that could not be ignored, an annoyance for some. Some customers were simply confused by the new user interface, McAfee added. "While we believe no oneâs computer protection was compromised, we have worked quickly and hard to resolve the issues," Kerrigan said. "In fact, we have already sent out an update that automatically fixed the glitches caused by the upgrade." Customers who have complained about the bugs are being offered a free 3-month extension to their subscription, a McAfee spokeswoman said. The bugs made Web surfing a drag, said Matt Saefkow a programmer in Cleveland. "One out of every 10 images would not load unless I refreshed the page a number of times, " he said. "I was frustrated to the point where I no longer had any interest in trying to fix a program that should have helped my computer stay alive." Even before this latest update, Saefkow had experienced problems running FTP (File Transfer Protocol) and P-to-P (peer-to-peer) software on his PC, but the Web browsing bug was the last straw, he said. He has chronicled his difficulties with theÂ software on his blog. He now plans to remove the McAfee software and download a free product, which he hopes will be less of a drain on his PC. "When McAfee itself is causing a computer to feel like it's affected [by malicious software] that's counterproductive," Saefkow said. "I'm not going to be spending money on antivirus." Â
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Starbucks Corp. SBUX.O on Tuesday  said its chief executive, Orin Smith, will retire next year,  surprising investors, who sent the coffee shop chain's shares  lower in after-hours trading.