On May 15, 2025, Mr. Feld resigned from the Board of Directors (the ?Board?) of Gen Digital Inc. (the ?Company?) and all committees thereof, effective May 15, 2025. Mr. Feld?s decision to resign from the Board was not a result of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices. Peter Feld has been an extraordinary force behind Gen?s evolution.
Joining the board of Symantec in 2018, Peter played an integral role in transforming the Company. His leadership was instrumental in the creation of NortonLifeLock, the subsequent merger with Avast, and the birth of Gen as a global consumer Cyber Safety brand and category leader. On May 15, 2025, the Board appointed John Chrystal, who previously served as the Chairman of the Board of Directors of MoneyLion Inc., to serve as a member of the Board effective May 15, 2025.
It has not yet been determined on which Board committees, if any, Mr. Chrystal will serve. Mr. Chrystal currently serves as an independent director of Regatta Loan Management LLC and a board member of Sac City Holdings Ltd., a single bank holding company, and also serves as President of Bent Gate Management Company and C3 Management Company, two farm management companies. Previously, from June 2013 until February 2022, he served as a director of The Bancorp Inc. and its subsidiaries, including serving as Vice Chairman beginning in April 2017 and as Interim Chief Executive Officer of The Bancorp and President of The Bancorp Bank from December 2015 through May 2016.
Mr. Chrystal also previously served as a director of numerous special purpose acquisition companies from 2019 to 2022 and as an advisor to Monroe Capital LLC and its affiliated funds from 2017 to 2022, and served as a director of the Trust for Advised Portfolios from 2010 to 2022. Mr. Chrystal brings more than 35 years of experience as a highly regarded financial services leader to Gen, including his experience with MoneyLion Inc., where he served as a director from 2016 to 2025 and as Chairman from 2021 to 2025. Mr. Chrystal was also a Managing Member of Bent Gate Advisors, LLC, the Chief Risk Officer of DiMaio Ahmad Capital, and was a Managing Director with Credit Suisse entities, with oversight of asset management and financial products functions.
Mr. Chrystal received an MBA from The University of Chicago and an undergraduate degree from Iowa State University. The Board believes that Mr. Chrystal will be a valuable member of the Board because of his extensive experience in the financial services industry and his prior track record as a senior executive and director.
