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Introduction

McAfee's move to replace CEO Christopher D Young with veteran tech exec Peter Leav shows investors have lost patience with its multiyear transformation. Despite progress, all options are now possible for McAfee, including a merger or acquisition.

Highlights

  • McAfee's incoming CEO is a corporate turnaround specialist who has resuscitated struggling companies and prepared them for sale.

Features and Benefits

  • Understand the one high-stakes decision that may have ultimately led McAfee's investors to replace CEO Chris Young.
  • Learn how outcoming CEO Chris Young has transformed McAfee following years of neglect under former owner Intel.

Key questions answered

  • McAfee's investors lost patience after the $300m acquisition of Skyhigh Networks failed to provide a strong short-term return.
  • Young led McAfee's multiyear effort to become a cloud-first vendor, focusing on device-to-cloud security and best-of-breed integration enablement.

Table of contents

Ovum view

  • Summary
  • Leav is in, Young is out
  • Understanding McAfee's multiyear transition
  • McAfee's next phase

Appendix

  • Further reading
  • Author

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