McAfee Announces Gagan Singh as Chief Product and Revenue Officer
September 28 2021 - 5:05PM
Business Wire
Seasoned industry veteran joins McAfee
executive management team to accelerate product innovation and
customer growth
McAfee Corp. (Nasdaq: MCFE), a global leader in online
protection, today announced that Gagan Singh has joined McAfee as
Executive Vice President and Chief Product and Revenue Officer.
Singh joins from NortonLifeLock where he served as the Chief
Product Officer responsible for Product, Strategy, e-Commerce,
Customer Success, Product Marketing, Engineering, and Design. Singh
previously also held the role of Chief Product Officer at Avast and
has more than 20 years’ experience driving innovation and
monetization strategies for technology brands.
As Chief Product and Revenue Officer, Singh will oversee
Product, Engineering, Design, and Go-To-Market at McAfee. With his
deep-rooted cybersecurity expertise and strong understanding of
customers’ holistic protection needs, Singh will advance McAfee’s
product strategy, drive innovation, and bolster market expansion
efforts.
“Gagan is an incredibly talented and experienced leader in the
consumer cybersecurity space,” said Peter Leav, McAfee President
and Chief Executive Officer. “He truly understands the importance
of the customer experience and how to strategically design products
and new business models that create lasting value. As we continue
to execute on our product vision, Gagan will play a critical role
in leading our teams to continue driving profitable growth.”
This announcement follows the second quarter fiscal results for
2021 with McAfee's pure-play consumer business realizing 22%
revenue growth year-over-year and 38% year-over-year growth in
adjusted EBITDA. As cybersecurity threats increase in frequency and
sophistication, McAfee continues to see heightened demand for
integrated online protection services that provide individuals and
families control over their online privacy, identity, and
security.
“I have watched with great admiration the tremendous
transformation of McAfee over the years,” said Gagan Singh, Chief
Product and Revenue Officer at McAfee. “As a pure-play consumer
company with enviable growth, I’m excited to join at this pivotal
time to lead the next stage of the company’s product and
go-to-market strategy. By building on our platform of intuitive,
easy-to-use, integrated SaaS-based solutions, we’ll unlock greater
opportunities for customers and partners as well as solidify our
position as the global leader in online protection.”
Current Executive Vice President of McAfee Consumer Business,
Terry Hicks, is transitioning out of the company. “Terry has been
an important part of McAfee and we are appreciative for his many
contributions over the past three years. We wish Terry all the best
in his future endeavors,” said Leav.
About McAfee
McAfee Corp. (Nasdaq: MCFE) is a global leader in online
protection for consumers. Focused on protecting people, not just
devices, McAfee consumer solutions adapt to users’ needs in an
always online world, empowering them to live securely through
integrated, intuitive solutions that protects their families and
communities with the right security at the right moment. For more
information, please visit https://www.mcafee.com/consumer
Use of Non-GAAP Financial Information
Adjusted EBITDA is a non-GAAP financial measure and should be
considered in addition to, but not as a substitute for, information
provided in accordance with generally accepted accounting
principles in the United States (“GAAP”). Please see the Company’s
press release dated August 10, 2021, for a reconciliation of
non-GAAP financial measures to the most directly comparable
financial measure stated in accordance with GAAP.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210928006040/en/
Investor Relations Contact: Eduardo Fleites
investor@mcafee.com
Media Contact: media@mcafee.com
McAfee (NASDAQ:MCFE)
Historical Stock Chart
From Jun 2024 to Jul 2024
McAfee (NASDAQ:MCFE)
Historical Stock Chart
From Jul 2023 to Jul 2024