VeriSign Says Former Network Solutions CEO to Leave Company
VeriSign
(VRSN)
said today that former
Network Solutions
Chief Executive James Rutt will leave the company April 1.
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VeriSign recently acquired Network Solutions. Senior executives in the mass market and enterprise divisions will take on Rutt's former responsibilities. The company, a provider of Internet security services, hasn't yet released the name of the new chief executive.
Rutt plans to research complex adaptive systems and hopes to publish a peer-reviewed paper with in two years. He will consult for the combined company until he leaves VeriSign.
Shares of VeriSign, which is based in Mountain View, Calif., gained $3.94, or 8.1%, to $52.94 in recent
Nasdaq
trading.
