Gen Digital Inc. (NASDAQ: GEN), a global leader in digital freedom and cybersecurity, announced a significant leadership transition in its Board of Directors as of July 22, 2025. Frank Dangeard, the Chairman of the Board, is stepping down due to personal health reasons. In a strategic move to ensure continuity and sharpen governance focus, Vincent Pilette, Gen’s CEO since 2019, has been elected as the new Chairman of the Board. Additionally, Sue Barsamian, a current board member, has been appointed as the Lead Independent Director. These changes are effective immediately and mark a pivotal moment in Gen’s corporate governance.
Vincent Pilette expressed deep gratitude for Frank Dangeard’s impactful leadership, highlighting his pivotal role in transforming Gen from a cyber safety company into a diversified trust-based solutions provider, including financial wellness. Pilette stated, “Frank’s counsel was pivotal in shaping our strategy, reinforcing strong governance, and inspiring us to lead with both ambition and integrity.” Dangeard himself conveyed confidence in the company’s future, emphasizing the talented leadership team and the board’s unanimous support for Pilette’s expanded role.
Sue Barsamian emphasized her commitment to independent oversight and governance excellence, noting Gen’s leadership in consumer cyber safety and its innovative AI-powered identity platform approach. She affirmed her dedication to supporting the company’s next phase of transformation.
Financially, Gen Digital reported robust fiscal year 2024 results with revenues of approximately \(3.81 billion and a net income of \)616 million, reflecting strong operational performance and profitability. Operating income stood at $1.12 billion, underscoring efficient management and growth execution. This leadership transition occurs against a backdrop of sustained financial strength and strategic expansion.
Gen Digital’s portfolio includes trusted consumer brands such as Norton, Avast, LifeLock, and MoneyLion, serving nearly 500 million users across more than 150 countries. The company is committed to empowering digital lives with cybersecurity, online privacy, identity protection, and financial wellness solutions.
This leadership change is expected to provide sharper strategic focus and governance as Gen accelerates its momentum in the digital freedom and cybersecurity sectors. Investors and stakeholders can anticipate continued innovation and value creation under the unified leadership of CEO and Board Chair Vincent Pilette, supported by the governance oversight of Lead Independent Director Sue Barsamian.
For more detailed information, refer to the original 8-K filing here: Gen Digital 8-K Report.
Tags: GEN, Gen Digital, FY2024, BoardLeadershipTransition, CybersecurityGovernance, DigitalFreedomStrategy