CEO of antivirus vendor AVG to step down

The company seeks a replacement for JR Smith as it looks to make a public offering

After two years at the job, the CEO of Dutch antivirus seller AVG Technologies is stepping down.

AVG said Thursday that it is looking for a replacement for CEO JR Smith who can take the company public.

Smith remains CEO for now, and is expected to stay on in another capacity after his replacement is found, said company spokeswoman Siobhan MacDermott.

The company also plans to expand its senior management team and is looking at creating new positions for a chief operations officer and senior vice president of business development, MacDermott said.

"We need more senior management to manage more people as we add them and grow the business," she said.

Founded by two Czech entrepreneurs in 1991, AVG is now owned by three investment firms: majority stakeholder Enterprise Investors, Benson Oak and Intel Capital.

It employs about 350 people and boasts more than 80 million users worldwide. It is best known for its free antivirus software, called AVG Free.

Smith, who came to the company from U.K. mobile services provider Mobile Network Operator, led the company through the acquisition of Exploit Prevention Labs and Sana Security.

Last year, he changed the company's name from Grisoft to AVG Technologies.

AVG hasn't said when it expects to make its initial public offering, but it first floated the idea last year, before the global recession put the plans on hold.

Tags AVGCEOsantivirus

Recommended

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Robert McMillan

IDG News Service

Comments

Comments are now closed.

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?