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IDG's CEO Leaves To Run Venture Fund

  • Folio:, Tuesday, November 22, 2005 11:45 AM
Patrick Kenealy, CEO of the International Data Group, a major publisher of tech information in print and online, is leaving the first of next year to run IDG Ventures, which is starting a new fund. The fund, Pacific 2, is aimed at raised seed money for early-stage technology companies. In leaving as CEO, Kenealy said his major accomplishment in the last three years has been the restoration of profitability and revenue growth to the company, which puts out more than 300 magazines (including CIO, Computerworld, and InfoWorld). "It's been very satisfying watching the whole company turn like that," said the outgoing CEO.

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