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VeriSign CFO quits after buyout rumors

Kevin Murphy, September 8, 2011, 20:21:11 (UTC), Domain Registries

VeriSign has just announced that its chief financial officer, Brian Robins, will leave the company at the end of the month.

The announcement follows a couple of trading days in which VeriSign’s shares have rallied on rumors that the company was on the verge of being acquired.

Ironically, it was Robins’ decision to cancel an appearance at a financial conference that sparked the rumors.

Robins’ resignation follows that of his old boss, CEO Mark McLaughlin, who quit to join a pre-IPO tech startup in late July.

Robins’ destination is not yet known, and VeriSign has yet to name a replacement.

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Comments (2)

  1. This is a typical scenario in the corporate world. Either quit now or be replaced after the buyout. Either way I am sure the CFO will be given a nice departing gift.

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