September 25, 2016 4:13 AM ET

Internet Software and Services

Company Overview of Avid Life Media, Inc.

Company Overview

Avid Life Media, Inc. is a social entertainment company that operates online social networking and dating communities for women and men worldwide. The company was founded in 2007 and is based in Toronto, Canada.

PO Box 67027

Toronto, ON M4P 1E4

Canada

Founded in 2007

Phone:

416-480-2334

Fax:

416-545-1510

Key Executives for Avid Life Media, Inc.

Chief Executive Officer
Chief Operating Officer
Chief Technology Officer
Compensation as of Fiscal Year 2016.

Avid Life Media, Inc. Key Developments

Avid Life Media Announces Management Changes

Avid Life Media appointed Rob Segal as CEO and James Millership as President are three months into their new roles at the company and have transformative changes planned for the company and its brand Ashley Madison.

Avid Life Media Seeks Acquisitions

Avid Life Media, Inc. will consider acquisitions. Chief Executive Officer's Rob Segal and President's James Millership ultimate goal is to rebuild Praecellens Limited (Ashley Madison) as the world's most open-minded dating community. "We're investing heavily in technology and we're looking at acquisitions, a total rebranding, new features, partnerships and new ventures," says James Millership, adding that Ashley Madison is in the midst of constructing a new office in Toronto to give its team of 100 employees a completely fresh start.

Noel Biderman Steps Down as Chief Executive Officer of Avid Life Media Inc

Noel Biderman, in mutual agreement with the company, is stepping down as Chief Executive Officer of Avid Life Media Inc. (ALM) and is no longer with the company. Until the appointment of a new CEO, the company will be led by the existing senior management team.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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