AVST.L Share News (AVST)

(Sharecast News) - Cybersecurity firm Avast said on Tuesday that Philip Marshall is stepping down as chief financial officer and as a director due to personal reasons.
Marshall will remain with the business to assist in an orderly handover and as an advisor until the close of the merger with NortonLifeLock. Avast said Stuart Simpson will become interim CFO and executive director with immediate effect.

Chief executive officer Ondrej Vlcek said: "I want to thank Phil for his significant contribution to Avast during his tenure as chief financial officer and we wish him all the best. He has been a highly valued member of the executive team and organisation for over three years and will be much missed."

Simpson was most recently interim CEO at Royal Mail and prior to this, group CFO and chief operating officer.

"His significant experience at board level in large, complex UK and international businesses will help to support our business strategy as we look ahead to 2022," Vleck said.