McAfee Finance Chief to Retire at Year’s End
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From Bloomberg News
McAfee Inc., the No. 2 maker of antivirus software, said Chief Financial Officer Stephen Richards would retire Dec. 31.
Richards, 50, who is also chief operating officer, wants to pursue other interests, the company said. He will receive a year’s salary and bonus, plus an immediate right to his stock options and $3,000 a day as a consultant after his departure, McAfee said in a regulatory filing.
Shares of Santa Clara, Calif.-based McAfee fell $1.27 to $18.51 on the New York Stock Exchange.
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