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.

Join the PC World newsletter!

Error: Please check your email address.

Tags AVGantivirusCEOs

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

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

Robert McMillan

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?