Jeff Schmidt is a successful operator who has led high-growth technology companies spanning large global enterprises to startups. He was appointed CEO of Avertium by growth equity firm Sunstone Partners when it acquired founding companies Terra Verde, TruShield and Sword & Shield. Jeff is responsible for establishing and driving the vision for Avertium as well as developing and executing the company’s growth strategy to drive employee, client, and shareholder value.
During his distinguished career spanning almost three decades, Jeff has led companies at the forefront of technology, and specifically, cybersecurity innovation. As chief operating officer of SQS North America, Jeff helped drive significant growth in the US. During his two-year tenure, revenues grew from $2 million to $20 million. Prior to SQS, Jeff led BT’s global security solution practice (BT Assure), which included customized products and managed security solutions for BT’s clients globally. This included the launch of BT’s Assure portfolio which when he left accounted for over $250 million in annual revenue and growth rates north of 20 percent across the portfolio. Under his leadership, BT Assure received accolades and recognition as a market leader in security by key industry analysts. His team developed and deployed “visual analytics” for intrusion detection and the early adoption of cloud-based security solutions, which enabled “bring your own device” capabilities for enterprises globally.
Before to joining Avertium, Jeff was CEO and president of Authomate, an identity and access management technology provider. He held leadership positions with prominent companies such as Home Savings of America, Lucent, California State Automobile Association, Paramount Pictures, InCode Telecom Group, and International Network Services. Additionally, Jeff has worked closely with many industry-leading consultants and has presented at events held by Gartner, RSA, InfoSec, and Cisco.