McAfee, the device-to-cloud cybersecurity company, announced that its Board of Managers has appointed Peter Leav to the role of CEO, effective February 3, 2020.
Leav will succeed Chris Young, who has decided to step down as CEO of McAfee. Young will remain at McAfee in an advisory role to assist with the transition and will become a Senior Advisor at TPG Capital. Leav will also be appointed to McAfee’s Board of Managers.
Leav brings to McAfee more than 20 years of executive leadership experience and a demonstrated track record of leading large-scale technology companies through growth. Leav most recently served as President, CEO and a board member of BMC Software.
Since becoming a standalone cybersecurity company nearly three years ago, McAfee has reinforced its position at the forefront of the industry. By focusing and enhancing its Enterprise product portfolio through significant investments in next-generation Endpoint Detection and Response (EDR) solutions and device-to-cloud capabilities, McAfee has significantly increased its enterprise value and consistently grown its revenue in the mid-single digits and profit in the double digits.