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EX-10.1 - EX-10.1 - McAfee, Inc. | d72861exv10w1.htm |
8-K - FORM 8-K - McAfee, Inc. | d72861e8vk.htm |
Exhibit 99.1
Investors: |
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Kate Scolnick
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Brandie Claborn | |
McAfee, Inc.
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McAfee, Inc. | |
(408) 346-5223
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(972) 987-2124 | |
kate_scolnick@mcafee.com
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brandie_claborn@mcafee.com |
Media:
Tracy Ross
McAfee, Inc.
(408) 346-5965
tracy_ross@mcafee.com
Tracy Ross
McAfee, Inc.
(408) 346-5965
tracy_ross@mcafee.com
MCAFEE, INC. NAMES JONATHAN CHADWICK AS NEW CHIEF FINANCIAL
OFFICER
OFFICER
Fortune 100 Cisco Veteran to Lead McAfees Worldwide Finance Functions
SANTA CLARA, Calif., May 6, 2010 McAfee, Inc. (NYSE: MFE) today announced that Jonathan
Chadwick is joining the company as chief financial officer (CFO) beginning June 14. He will be
responsible for leading all worldwide finance functions, manufacturing, procurement, facilities and
information technology. Chadwick, 44, will report directly to President and Chief Executive
Officer, Dave DeWalt and will be based in McAfees Santa Clara, California office.
Chadwick will bring tremendous skills in strategic planning, finance and business
leadership, said DeWalt. Having been a divisional CFO and chief accounting officer at a Fortune
100 high technology company, combined with his 20 years of extensive experience in fast-growth
environments, will give him the ability to contribute broadly to our finance, operations and
business strategy.
Chadwick joins McAfee from Cisco Systems Inc., where he spent 13 years in various finance
roles. Most recently, Chadwick held the position of senior vice president and CFO, Global Customer
Markets. In this capacity he oversaw Ciscos finance teams for the service provider, enterprise,
commercial, small business and consumer customer segments. Partnering closely with the business
leaders for these segments, Chadwick helped to shape strategy, pricing, portfolio and resource
allocation decisions. In addition, he headed teams that lead business architecture planning and new
business model introduction across Cisco.
Previously, Chadwick was Ciscos corporate controller, responsible for a team of more than
1000 employees managing external reporting, compliance, procurement, shared services,
and global process, systems and controls. Prior to that he ran the Corporate Finance and
Planning group at Cisco. In this companywide role, he designed and implemented the companys
strategic planning process and was heavily involved in Ciscos mergers and acquisitions. In
addition, he managed Ciscos performance of both long-term and short-term financial goals.
Chadwick joined Cisco in 1997 from Coopers & Lybrand (now PricewaterhouseCoopers), where he
had been named audit partner.
Chadwick is a Chartered Accountant in England and holds an honors degree in electrical and
electronic engineering from the University of Bath, England.
McAfee has worked very hard over the years to strongly position itself in the security
marketplace, said Chadwick. Im excited to build upon the strength of McAfees leadership team to
help realize and maximize that potential.
Chadwick will
replace Rocky Pimentel, 55, who joined McAfee in 2008 as CFO and Chief Operating
Officer. Pimentel announced his retirement from McAfee in February, but plans to remain with McAfee through early Q3 to
ease the transition period.
About McAfee, Inc.:
McAfee, Inc., headquartered in Santa Clara, California, is the worlds largest dedicated security
technology company. McAfee is relentlessly committed to tackling the worlds toughest security
challenges. The company delivers proactive and proven solutions and services that help secure
systems and networks around the world, allowing users to safely connect to the Internet, browse and
shop the web more securely. Backed by an award-winning research team, McAfee creates innovative
products that empower home users, businesses, the public sector and service providers by enabling
them to prove compliance with regulations, protect data, prevent disruptions, identify
vulnerabilities, and continuously monitor and improve their security. http://www.mcafee.com
###
McAfee and/or other noted McAfee related products contained herein are registered trademarks or
trademarks of McAfee, Inc., and/or its affiliates in the U.S. and/or other countries. McAfee Red in
connection with security is distinctive of McAfee brand products. Any other non-McAfee related
products, registered and/or unregistered trademarks contained herein are only by reference and are
the sole property of their respective owners. © 2010 McAfee, Inc. All rights reserved.