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Symantec Shares Shrug Off CEO Transition

Stock quotes in this article: SYMC , IBM , EMC , MFE  

Despite the risks of changing CEOs at a time of massive economic upheaval, news of Symantec (SYMC Quote) Chief Executive John Thompson's retirement barely put a dent in the company's share price Tuesday.

Late Monday, Symantec announced that Thompson will step down in April, ending a decade as the security software giant's CEO. Enrique Salem, Symantec's chief operating officer, will assume the reins when Thompson retires.

Symantec shares slipped just 6 cents, or less than 1%, to $12.10 in Tuesday trading. ...

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