Hughes (below, right) will also join the Veritas board while Bill Coleman, the outgoing chief executive, will stay on the board, continue as a trusted company adviser and also join the parent body, The Carlyle Group, as an operating executive.
Hughes has served as chief executive of Serena Software, a leading enterprise application lifecycle management software company. He initially joined Veritas in 2003 and held various executive roles till 2010 through the merger with Symantec.
He was promoted to the position of president of enterprise products at Symantec, which included responsibility for all Veritas products.
“Greg has a proven track record of strategic and operational success in enterprise software, knows the company well from his previous work with Veritas and Symantec, and understands the data management demands and challenges facing Veritas’ large customer base around the world.”
Hughes said he was excited to return to Veritas "at a time when data management has never been more critical for our customers globally".
“I look forward to continuing the company’s evolution and am confident, working with Veritas’ strong executive management, that we have the right global team, product set and expertise in place to enable Veritas to capitalise on existing and future growth opportunities.”
“We are grateful for Bill’s leadership over the past two years,” said Patrick McCarter, managing director and co-head of Global Technology, Media, and Telecommunications at The Carlyle Group.
“Under his direction, Veritas transitioned from an on-premises back-up and recovery company to a leading multi-cloud data management company, all while delivering significant value for customers and creating meaningful opportunities for Veritas employees.”
Coleman said he believed that Hughes was the ideal leader to transition Veritas to the next phase of its evolution. “This planned succession ensures a seamless transition for the company and its customers, employees and partners.”