John C. Burris, 57, led Sourcefire since 2008. Company officials credited Burris, a former top executive with Citrix Systems, Lucent Technologies and AT&T, with helping it achieve profitability and expand its product offerings. Burris had been on medical leave since July.
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According to a Securities and Exchange Commission filing, Sourcefire accelerated its retirement agreement with Burris, vesting a portion of his stock-based compensation worth approximately $3.7 million. The company also agreed to pay the premiums on his life insurance policy — about $4,000 a year — until he turns 65, the SEC filing said.