Gen Digital Announces Leadership Shuffle and Stock Vesting Terms
Company Announcements

Gen Digital Announces Leadership Shuffle and Stock Vesting Terms

Gen Digital (GEN) has issued an update.

Gen Digital Inc. has announced the departure of Ondrej Vlcek as President effective June 13, 2024, although he will remain a board member and consultant to ensure a smooth transition. His existing restricted stock units will continue to vest for a year if he serves on the board or as a consultant, but unvested performance-based units will be forfeited. Vincent Pilette, the current CEO, will take over as President on the same date, combining both roles at Gen.

See more data about GEN stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyStarboard boosts stake in Salesforce, cuts stake in Humana
TheFlyGen Digital price target raised to $27 from $25 at Barclays
TheFlyGen Digital still sees FY25 non-GAAP EPS $2.17-$2.23, consensus $2.20
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App