New CEO for Avid
Published: MEA
WORLD: Avid has named Louis Hernandez Jr as its new president and chief executive officer. Mr Hernandez has been a member of the Avid board since 2008 and succeeds former president and CEO Gary Greenfield, who will remain on the board.
‘Louis is a visionary, inspirational leader with a stellar track record of driving the operations and growth of technology companies in a variety of industries,’ said George Billings, speaking on behalf of Avid’s board. ‘As lead director, he spent years developing a deep familiarity with Avid’s customers, markets, and products that will allow him to quickly make a positive impact as chief executive.’
‘It is an exciting opportunity to lead Avid at this very important juncture in the company’s history,’ said Mr Hernandez. ‘As the industry leader for more than 25 years, Avid continues to set the standard for non-linear-editing, media management, and collaboration in the audio, video, and broadcast markets. The company is well positioned for growth and global expansion in this fast-moving marketplace. It is exciting to be working with the Avid team, as we drive results and value for our customers, employees, and shareholders.
‘On behalf of the Avid community, I want to thank Gary Greenfield for his outstanding leadership and lasting contributions to Avid and our industry,’ concluded Mr Hernandez.