McAfee Inc.'s Dave DeWalt Named Top Five CEO By Institutional Investor Magazine
McAfee’s CEO and Investor Relations Department Recognized Among the Best in Public Companies
SANTA CLARA, Calif., May 20, 2009 - McAfee, Inc. (NYSE:MFE) today announced that President and Chief Executive Officer Dave DeWalt has been named one of the top five CEOs of publicly traded software companies. McAfee’s investor relations team has also been named best IR team – second only to Microsoft – in the software category.
For the seventh consecutive year, Institutional Investor magazine surveyed the world’s largest shareholders and 900 buy-side investment professionals from more than 460 institutions to reveal who they regard as the best CEOs. This is the second year for the investor relations survey.
Dave DeWalt joined McAfee in April 2007 and has led the company to double-digit sales growth each quarter, poising the company to become the leading security vendor. From 2007 to 2008, McAfee grew sales 20 percent. Revenue grew to $1.3 billion in 2008.
DeWalt has also become a leading authority on cybercrime. He recently spoke at the World Economic Forum in Davos about global cyber threats, and at the security industry’s largest conference, RSA, about McAfee’s vision for digital security.
“I am proud to lead a company that is fighting cybercriminals and making the Internet safer for businesses, consumers and government,” said DeWalt. “2008 was a banner year for McAfee and I’m very proud of what we have accomplished. We have continued to fight for a noble cause: protecting our customers from the bad guys and looking for new ways to stay ahead.”
The McAfee investor relations team was ranked second in the software category by Institutional Investor. Buy-side analysts and investors judged McAfee’s investor relations as second only to Microsoft.
Institutional Investor identifies the leading CEOs, CFOs, and IR professionals who are considered the most effective in meeting the information needs of the investment community. With impressive participation and a consistent methodology, Institutional Investor research provides a reliable benchmark by which companies can assess changes in perception over time. For a more detailed look at the Institutional Investor survey, including its methodology, please visit www.iimagazine.com.
To learn more about McAfee investor relations, please visit http://investor.mcafee.com/.
About McAfee, Inc.
McAfee, Inc., headquartered in Santa Clara, California, is the world’s largest dedicated security technology company. McAfee is committed to relentlessly tackling the world’s toughest security challenges. The company delivers proactive and proven solutions and services that help secure systems and networks around the world, allowing users to safely connect to the Internet, browse and shop the web more securely. Backed by an award-winning research team, McAfee creates innovative products that empower home users, businesses, the public sector and service providers by enabling them to prove compliance with regulations, protect data, prevent disruptions, identify vulnerabilities, and continuously monitor and improve their security. http://www.mcafee.com
About Institutional Investor
Now entering its fifth decade, Institutional Investor has consistently distinguished itself among the world’s foremost financial publications with ground-breaking journalism and incisive writing that provides “must read” intelligence for a global audience. Three editions of the magazine are published: Americas, International and Asia. In addition, throughout the year Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks, informing and influencing its carefully targeted circulation base throughout the year. For more information visit www.iimagazine.com.
McAfee and/or other noted McAfee related products contained herein are registered trademarks or trademarks of McAfee, Inc., and/or its affiliates in the US and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. All other registered and unregistered trademarks herein are the sole property of their respective owners. (C) 2009 McAfee, Inc. All rights reserved.
McAfee, Inc.
Joris Evers, 408-346-3310
joris.evers@mcafee.com
or
Red Consultancy
Mindy Whittington, 415-618-8811
mindy.whittington@redconsultancy.com
