Symantec snags Oracle CIO

Symantec snags Oracle CIO

Symantec has hired David Thompson, formerly of Oracle, as the company's new CIO.

Symantec has raided the ranks of its Silicon Valley neighbor Oracle to hire a new chief information officer (CIO). David Thompson, formerly senior vice president and CIO with the database vendor, has taken over as Symantec's CIO, effective Monday, the company said.

Symantec chief executive officer (CEO) John Thompson announced the hire on a quarterly financial call with analysts Tuesday.

David Thompson replaces Mark Egan, who will stay with Symantec for about another six months as he finishes up on IT projects relating to Symantec's 2005 Veritas acquisition, said company spokeswoman Genevieve Haldeman.

Thompson came to Oracle, based in California, as part of the company's PeopleSoft acquisition, completed in early 2005.

News of the hire comes as Symantec, in Cupertino, California, experiences a run of high-profile resignations. Last week, President Gary Bloom left the company, following former Chief Financial Officer (CFO) Greg Myers, who retired in November, and Bloom's Co-President John Schwarz, who left in September to become CEO of Business Objects.

Symantec is close to hiring a new chief financial officer to replace Myers, John Thompson said on the Tuesday call. "I believe we're in the final round of interviews for a new CFO," he said. "I hope to announce our selection of a new CFO in the near future."

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