Symantec Corporation announced that Thomas Seifert, Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his plans to step down as CFO at the end of the November 2016. Mr. Seifert, who has led Symantec's finance organization since March 2014, will continue to serve in an advisory capacity until March 2017 to facilitate a smooth transition of responsibilities. Symantec's Board of Directors has appointed Nick Noviello, formerly CFO of Blue Coat, as Executive Vice President and CFO effective December 1, 2016.

Mr. Noviello has overseen company-wide integration following the completion of Symantec's acquisition of Blue Coat. As CFO, he will continue to report to Greg Clark, Symantec CEO. Nick Noviello joined Symantec as chief integration officer in August 2016, following its acquisition of Blue Coat.

Prior to joining Symantec, Mr. Noviello served as CFO of Blue Coat.