BNET Industries

Market Cap:$443.4M
Last Fiscal Year Sales:$929.5M
  • Public
  • US
Dow Jones Description

Avid is a worldwide leader in tools for film, video, audio, 3D animation, gaming and broadcast professionals ? as well as for home audio and video enthusiasts. Avid professional and consumer brands include Avid®, Digidesign®, M-Audio®, Pinnacle Systems®, Sibelius®, Softimage® and Sundance Digital®. The vast majority of primetime television shows, feature films, commercials and chart-topping music hits are made using one or more Avid products. Whether used by seasoned professionals or beginning students, Avid?s products and services enable customers to work more efficiently, productively and creatively. Avid received an Oscar® statuette representing the 1998 Scientific and Technical Award for the concept, design, and engineering of the Avid Film Composer® system for motion picture editing.

President & Chief Executive Officer
Gary G. Greenfield
Number of Employees 2,350
Contact Information

Avid Technology Park

One Park West

Tewksbury, Massachusetts 01876

www.avid.com

978 640 6789

NAICS Code Photographic and Photocopying Equipment Manufacturing: 333315

Recent Events

  • Avid Technology Unveils New Solutions - Quick Facts

    12/09/09 - Product Announcement - View Story

  • Avid Technology cutting another 120 employees

    12/05/09 - Financial Announcement - View Story

  • Avid posts final 3Q results, corrects errors

    11/23/09 - Financial Announcement - View Story

  • Stocks Surging Higher Despite Lukewarm Economic Data - U.S. Commentary

    11/04/09 - Bond / Stock Rating - View Story

  • Helps Cultivate the Next Generation of News Professionals With "ABC News On Campus" Program

    11/04/09 - Joint Venture / Alliance - View Story

  • Avid shares dive on disappointing sales

    10/24/09 - Financial Announcement - View Story

  • Avid Redefines Guitarists' Recording and Performance Experience With Eleven Rack

    9/28/09 - Product Announcement - View Story

  • Tapeless GFCam and GFSeries Flash Memory HD Production Solution Now Native to Avid Editing Systems

    9/18/09 - Product Announcement - View Story

  • Major Broadcasters, Studio Productions, Rental Companies and Educators Invest in Avid Solutions

    8/18/09 - New Investment - View Story

  • Avid Announces the Election of David Mullen to Its Board of Directors

    8/03/09 - Mgmt. Change Entering - Director - View Story

  • Avid Unveils Compact Digital Console For Small To Mid-Sized Live Sound Settings: Digidesign VENUE SC48

    7/30/09 - Product Announcement - View Story

  • Avid Announces Second Quarter 2009 Results

    7/23/09 - Financial Announcement - View Story

News & Analysis

avid technology inc. and internet - All News and Analysis

Decision Makers

Name (plus bio) Position
Gary G. Greenfield President & Chief Executive Officer
David Lebolt Senior Vice President & Chief Technology Officer
Jerry Kelly Vice President & Chief Information Officer
Joel Legon Vice President, Finance & Chief Accounting Officer
Ken Sexton Executive Vice President, Chief Financial Officer & Chief Administrative Officer
Kirk Arnold Executive Vice President, Customer Operations
Beth Martinko Vice President, Customer Success
Carl Calabria Vice President, Engineering
Carol Reid Vice President & Controller
Charles Smith Vice President and General Manager, Avid Video
Dave Schleifer Vice President, Brdcst & Work Group
Ed Raine Vice President, Human Resources
Glover Lawrence Vice President, Corporate Development
Jeff Hastings Vice President
Jeff Rosica Vice President, Strategic Marketing & Business Development
Jon Kern Vice President, Marketing
Martin Bock Vice President, Business Development
Paige Parisi Vice President, General Counsel and Corporate Secretary
Paul Lypaczewski Vice President and General Manager, Video
Tex Schenkkan Vice President and General Manager, Audio
Bernie Walsh Director, Marketing
Carter Holland Director, Corp Communications
Dean Ridlon Director, Investor Relations
Amy Paladino Manager, Public Relations
Charlie Russell Senior Manager, Product Marketing
David Huckfield Manager, Product Marketing
Gareth Morgan Senior Product Manager
James Frantzreb Senior Manager, Product Marketing
Ken Clark Account Manager
Kevin Settle Manager, Production
Matt Allard Senior Product Manager
Matthias Adrian Senior Product Manager
Ray Gilmartin Senior Product Marketing Manager, Technology
Tim Wilson Senior Manager, Product Marketing
Andrew Krause
Ang Lee
Constable Brett Hallgren
Ed Jose Media Specialist
Jeremiah Widmer Member of Wzip & Z, TV
Joseph Torelli
Larry Blake
Lynn D Richer
Stephen Gaghan
Tim Squyres
Trish Baker
Robert M. Halperin Member

Board of Directors

Name (plus bio) Position
Dr. Elizabeth M Daley Board of Directors
Dr. Youngme E. Moon Board of Directors
George H. Billings Board of Directors
John H. Park Board of Directors
Louis Hernandez Jr. Board of Directors
Nancy Hawthorne Board of Directors

"In his role as Chairman, Chief Executive Officer and President, Mr. Greenfield is overseeing a number of initiatives designed to achieve greater operating efficiencies across the company and to solidify Avid’s position as a world leader in designing and developing innovative content creation, media production and broadcast solutions. Mr. Greenfield is a proven senior executive with multidisciplinary experience in high technology. Prior to joining Avid in December 2007, Mr. Greenfield was CEO of GXS, Inc. from 2003 to 2007, a leading worldwide provider of business-to-business integration, synchronization and collaboration solutions. Since December 2003, he had also been an operating partner with Francisco Partners, a leading technology-focused private equity firm. Previously, Mr. Greenfield served as CEO of Peregrine Systems, Inc. where he managed the restructuring of that company’s business. He has also served as president and CEO of MERANT and CEO of INTERSOLV, which merged with Micro Focus to form MERANT. He has experience growing businesses both organically and through acquisition, managing development, marketing and operations, and serving diverse customers from small businesses to the Fortune 500. Mr. Greenfield earned a Bachelor of Science degree from the U.S. Naval Academy, a Master of Science Administration degree from George Washington University, and a Master of Business Administration degree from Harvard Business School. "

Organization Position Status
Avid Technology, Inc. President & Chief Executive Officer Current
Intellitactics, Inc. Chairman Current
Avid Technology, Inc. Chairman Current
ADERANT Director Current
Novell, Inc. Board of Directors Current
Frontrange Solutions, Inc. Director Current
Mobius Management Systems, Inc. Board of Directors Current
Managed Objects Inc. Board of Directors Current
Norwood School Board of Directors Current
Hyperion Solutions Corporation Director Current
Merant CEO Former
GXS Chief Executive Officer Former
Micro Focus CEO Former
Peregrine Systems, Inc. CEO Former
Merant President Former
Peregrine Systems, Inc. President Former
Micro Focus President Former
Francisco Partners President Former
Sage Software Vice President of Marketing Former
Vocus, Inc. Board of Directors Former
Peregrine Systems, Inc. Director Former
The George Washington University Master Former
Harvard Business School Master of Business Administration Degree Former
The George Washington University Bachelor of Science Degree Former
United States Naval Academy Bachelor of Science Degree Former

"Dave Lebolt joined the company in 1994 and has held a variety of positions, including, most recently, Vice President and General Manager, Audio. As Senior Vice President and Chief Technology Officer, he is responsible for the company’s strategic technology vision and user experience. Before joining the company, Mr. Lebolt was a professional keyboardist, producer, arranger, and composer. He toured and/or recorded with many well-known musical artists, including David Bowie, Billy Joel, and Laurie Anderson. Between 1988 and 1994, Mr. Lebolt worked in advertising music in New York City, was a principal partner in a music production house, and received Clio and Emmy® awards for various productions. "

Organization Position Status
Avid Technology, Inc. Senior Vice President & Chief Technology Officer Current
Avid Technology, Inc. Vice President Former
Avid Technology, Inc. Director, Product Strategy Former
Pro Tools, Inc. Former

"As Vice President and Chief Information Officer, Mr. Kelly is responsible for aligning Avid’s information systems strategies and business strategies to ensure the highest level of operational effectiveness and efficiency within Avid’s IS function. Prior to joining Avid in July 2008, Mr. Kelly was with 3Com Corporation where he served as VP and CIO. Previously, Mr. Kelly held executive and senior IS positions at Westside Advisors LLP, Modus Media/Modus Link, Inc., and Globalware Solutions. Mr. Kelly began his career at Digital Equipment Corp./Compaq in Ireland and held a number of engineering management roles in Europe and the United States. Mr. Kelly holds a Bachelor of Engineering from University College in Galway. "

Organization Position Status
Avid Technology, Inc. Vice President & Chief Information Officer Current
ModusLink Corp. Co-CIO Former
3Com Corporation CIO Former

Organization Position Status
Sundance Digital, Inc. Vice President of Finance and Principal Accounting Officer Current
Go Films Vice President and Chief Financial Officer Current
Avid Technology, Inc. Vice President, Finance & Chief Accounting Officer Current
Avid Technology, Inc. Chief Financial Officer Former
Avid Technology, Inc. Principal Accounting Officer Former
Medea Corporation Vice President and Chief Financial Officer Current
The University of Oklahoma Bachelor of Arts Degree Former

"As Executive Vice President, Chief Financial Officer and Chief Administrative Officer, Mr. Sexton oversees all of Avid's financial and administrative functions, including finance, information technology, legal, human resources, investor relations, manufacturing and logistics. Mr. Sexton brings more than 30 years of business leadership experience to Avid, including substantial experience in growing technology companies and public capital markets. Prior to joining Avid in January 2008, Mr. Sexton served as EVP & CFO of webMethods, Inc., a leading provider of business integration software solutions, where he helped oversee the successful merger of webMethods and Software AG. Prior to that, Mr. Sexton served as EVP & CFO of Infor, Inc., where he was integral to multiple business acquisitions, helping to build Infor into the world's largest private software company. Prior to that, Mr. Sexton was EVP & CFO of Peregrine Systems and was instrumental in the successful turnaround of that company. From 1991 to 2002, Mr. Sexton was Senior Vice President, Finance & Administration and CFO of MERANT/INTERSOLV during a period of substantial growth. Mr. Sexton holds a bachelor’s degree in Business Administration from The Ohio State University. "

Organization Position Status
Avid Technology, Inc. Executive Vice President, Chief Financial Officer & Chief Administrative Officer Current

"As Executive Vice President of Customer Operations, Ms. Arnold leads the company’s sales, marketing and services functions and is responsible for developing and maintaining the company’s customer relationships. Prior to joining Avid in February 2008, Ms. Arnold was CEO of Keane, Inc., a global consulting and outsourcing firm. Her extensive background in technology management includes leadership positions at Fidelity Investments, where she led product development as well as strategic marketing and consulting; venture-backed start-up NerveWire, Inc., where she served as CEO; and Computer Sciences Corporation, where she was President of CSC Consulting. Ms. Arnold started her career at IBM where she served in a variety of sales and sales management positions. She is a graduate of Dartmouth College and currently serves on the Board of Advisors of Cramer Marketing Services. "

Organization Position Status
Avid Technology, Inc. Executive Vice President, Customer Operations Current
Keane, Inc. President & CEO Former
Keane, Inc. Vice Chairman Former

"Avid firmly believes that the success of our customers will lead to our success as a company. Ms. Martinko’s role brings a focus on the success of our customers across all functions and geographies. Prior to joining Avid in February 2008, Ms. Martinko served as a consultant to assess Avid's focus on customer success. Ms. Martinko has held senior leadership positions in professional services, customer support and human resources at companies including GXS, Peregrine and MERANT/INTERSOLV. Her career in the private sector has also led her to work at both Wavelight, Inc. and Hewlett-Packard Co. as vice president of customer support, and at Data General Corp. and Northrup in product quality roles. Also active in the non-profit sector, Ms. Martinko is an advisory board member of Schools for Humanity and PSVillage, a forum for professional services leaders to network and share best practices. "

Organization Position Status
Avid Technology, Inc. Vice President, Customer Success Current
Wavelight AG Vice President of Customer Service Former
Merant vice president Former
Cleveland State University MBA Former

Organization Position Status
Avid Technology, Inc. Vice President, Engineering Current
Cine-Tal Board of Directors Current
Pinnacle Systems, Inc. General Manager Former

Organization Position Status
Avid Technology, Inc. Vice President & Controller Current
Avid Technology, Inc. Board of Directors Former

Chas Smith is vice president and general Manager, Avid Video. He joined Avid in 1999 from the company's audio division, Digidesign. During his tenure at Avid, Chas has been instrumental in strengthening the company's distribution channels, driving stronger overseas sales and marketing, and dramatically improving customer service on a global basis. With nearly 20 years' experience in the audio business, Chas joined Digidesign in 1993, where he helped open, and ultimately operate, a new U.K. office. Eventually, Chas assumed all international sales and marketing responsibilities for Digidesign. Prior to joining Digidesign, Chas worked at Roland Corp. as sales and marketing manager. Before Roland, he managed a small facility that produced radio and TV advertising jingles.

Organization Position Status
Avid Technology, Inc. Vice President and General Manager, Avid Video Current

Organization Position Status
Avid Technology, Inc. Vice President, Brdcst & Work Group Current

"As Vice President of Human Resources, Mr. Raine is responsible for integrating Avid’s human resources and business strategies to ensure the highest level of operational effectiveness and efficiency within the global human resources function. With extensive international and technology sector experience, his mandate includes global alignment of Avid’s organization structures and direction of human resource programs and policies, including compensation, benefits, employee relations, training and development. Mr. Raine came to Avid in April 2008 from EMC Corp. where he held the role of senior director of human resources within the Americas Field Organization. At EMC, he and his team supported 7,500 employees in sales, professional services, and sales operations. Prior to EMC, Mr. Raine held executive and senior management human resource positions at Parametric Technology Corporation, Nortel Networks Corp. and Ryder System, Inc. Mr. Raine grew up in London, England and then attended the University of North Carolina-Chapel Hill where he received a degree in Political Science. "

Organization Position Status
Avid Technology, Inc. Vice President, Human Resources Current

"As Vice President of Corporate Development, Mr. Lawrence leads collaborative efforts across Avid to identify areas of opportunity that will help drive growth and bring long term success to both Avid and our customers. Prior to joining Avid in August 2008, Mr. Lawrence was a Managing Director and Co-Founder of McNamee Lawrence and Co., a global investment banking advisory firm focused on serving the needs of innovative, growth-stage technology products and services companies. His extensive background in strategy and financial markets includes senior roles at Oracle where he was a Managing Director of the Oracle Venture Fund and Hambrecht & Quist where he was a Principal and senior member of the M&A group advising clients in key strategic transactions that included acquisitions, joint ventures, divestitures and raising capital. Mr. Lawrence began his career at Morgan Stanley & Co. as a financial analyst and member of the Technology M&A group in both New York and Tokyo. He earned a Bachelor of Arts in History from Yale University and a Masters in Business Administration from Stanford Graduate School of Business. "

Organization Position Status
Avid Technology, Inc. Vice President, Corporate Development Current
Oracle Corporation Managing Director, Oracle Venture Fund Former
Hambrecht & Quist Capital Management LLC Principal Former
Morgan Stanley Financial Analyst Former

Organization Position Status
Snapfire President and General Manager, Digital Media Current
Sonicblue, Inc. Vice President, Engineering Current
Avid Technology, Inc. Vice President Current
Digital Media, LLC General Manager Current
Pinnacle Corporation Current
Corel Corporation Corel's President and General Manager, Digital Media Former
Avid Technology, Inc. Coo, M, Audio Former
Replay TV Executive Vice President, Products Former
Pinnacle Systems General Manager Former
Avid Technology, Inc. General Manager, Pinnacle Systems Former
Avid Technology, Inc. General Manager, Pinnacle Sys Former
Avid Technology, Inc. Gm, Pinnacle Systems Former
Purdue University Bachelor’S Degree In Computer Science Former

Organization Position Status
Avid Technology, Inc. Vice President, Strategic Marketing & Business Development Current

Organization Position Status
Avid Technology, Inc. Vice President, Marketing Current

Organization Position Status
Avid Technology, Inc. Vice President, Business Development Current

Organization Position Status
Sundance Digital, Inc. Vice President, General Counsel and Corporate Secretary Current
Go Films Vice President, General Counsel and Corporate Secretary Current
Medea Corporation Vice President, General Counsel and Corporate Secretary Current
Avid Technology, Inc. Vice President, General Counsel and Corporate Secretary Current
Sundance Digital, Inc. Counsel Former
Wilmer Cutler Pickering Hale and Dorr LLP Counsel Former
Northeastern University School of Law Juris Doctorate Former

Organization Position Status
Sundance Digital, Inc. Vice President and General Manager, Video Current
Avid Technology, Inc. Vice President and General Manager, Video Current
Go Films Vice President and General Manager, Video Current
Medea Corporation Vice President and General Manager, Video Current
VIEW22 Clients & Partners President and Chief Operating Officer Former
Cyberworld, Inc Coo Former
Alias Research, Inc. Vice President of Product Development Former
Autodesk, Inc. Executive Vice President & General Manager, Discreet Division Former
ATI Technologies, Inc. Vice President & General Manager, Enterprise and Multimedia Graphics Businesses Former
CAE Inc. Former
McGill University Bachelor of Electrical Engineering Degree Former

"As Vice President and General Manager, Audio, Mr. Schenkkan manages the company’s audio engineering and program and product management teams. He joined Avid as Chief Operating Officer of Digidesign/Avid Audio in 2006. He has over 25 years of experience in general management, international marketing, new product development, strategic alliances and business development in the computer systems industry. Prior to joining Avid, Mr. Schenkkan held positions as Senior Vice President of the Consumer Electronics Business of Maxtor Corporation, Vice President and General Manager of Consumer Electronics at Quantum Corporation, and Marketing Manager of the Storage Systems business at Hewlett-Packard. Mr. Schenkkan began his career at the Public Broadcasting Service in Washington, D.C. where he worked on the strategic direction of the public television and radio systems. He continues his interest in the not-for-profit world as a member of the Board of Trustees of the French American International School in San Francisco. Mr. Schenkkan holds a Bachelor of Arts degree from Yale University and a Master of Business Administration degree from the Stanford Graduate School of Business "

Organization Position Status
Avid Technology, Inc. Vice President and General Manager, Audio Current

Organization Position Status
Avid Technology, Inc. Director, Marketing Current
Avid Technology, Inc. Director, Marketing Former

Organization Position Status
Avid Technology, Inc. Director, Corp Communications Current
Avid Technology, Inc. Director, Corp Communications Former

Organization Position Status
Avid Technology, Inc. Director, Investor Relations Current
Avid Technology, Inc. Director, Investor Relations Former

Organization Position Status
Avid Technology, Inc. Manager, Public Relations Current

Organization Position Status
Avid Technology, Inc. Senior Manager, Product Marketing Current

Organization Position Status
Avid Technology, Inc. Manager, Product Marketing Current

Organization Position Status
Avid Technology, Inc. Senior Product Manager Current

Organization Position Status
Avid Technology, Inc. Senior Manager, Product Marketing Current

Ken joined 5280 Digital as an Account Manager after ten years with Avid Technology Inc. While at Avid, he was a product specialist in both Broadcast and Post Production from 1996 to 2001, then a Regional Channel Sales Manager for the Pacific Northwest and Central Southwest US until early 2006. Prior to joining Avid, Ken was a professional video and non-linear specialist with Proline Audio Visual in Seattle, Washington. He recently relocated to the Denver area and brings a unique understanding of our customer's needs as he is also an experienced videographer and editor. Ken has a significant amount of experience with Avid Unity Workgroup configuration for both Broadcast and Post Production workflows.

Organization Position Status
Avid Technology, Inc. Account Manager Current
5280 Digital, Inc. Account Manager Former

Organization Position Status
Avid Technology, Inc. Manager, Production Current

Organization Position Status
Avid Technology, Inc. Senior Product Manager Current

Organization Position Status
Avid Technology, Inc. Senior Product Manager Current

Organization Position Status
Avid Technology, Inc. Senior Product Marketing Manager, Technology Current

Organization Position Status
Avid Technology, Inc. Senior Manager, Product Marketing Current

Mr. Krause has been an innovator in the software industry for over fourteen years. His proven track record of delivering innovative software solutions in imaging is highlighted by engagements with companies such as Kodak, Polaroid, Monaco Systems and Avid Technology. He takes pride in working with each client personally to ensure their expectations are managed and met. Mr. Krause is the company's senior consultant and chief architect responsible for the technical outcome of each client engagement. As the corporation's President, he also oversees all of Regulant's strategy and business operations. Mr. Krause's resume further outlines his extensive background in imaging technologies and software engineering.

Organization Position Status
Regulant, Inc Senior Consultant and President Current
Avid Technology, Inc. Current

Organization Position Status
Avid Technology, Inc. Current

Organization Position Status
Avid Technology, Inc. Current

Ed Jose is a digital media specialist for Avid Technology, Inc., the worldwide leader in digital nonlinear editing, effects, and audio solutions. In this role, he is responsible for pre-sales technical consultation regarding Avid's streaming media and online digital media solutions technologies. Jose joined Avid in 1993 to assist Avid's government sales team. He has helped hundreds of government agencies publish their video to the Internet, including the White House which published some of the first video to appear on the Web. In 1995, Jose produced Avid's first CD-ROM marketing tool and the Avid government Web site containing the company's first online video. He has produced dozens of marketing videos for Avid which have received numerous awards from the International Television Association (ITVA), the Tellys, the Communicator and the New York Film Festivals. Prior to Avid, Jose spent 18 years in video production and broadcasting. He began his career as a military broadcast journalist. Working with the American Forces Korea Network Headquarters (AFKN) in Seoul, Korea, from 1984 through 1986, Jose hosted a daily talk radio show and produced television spots and promos. In 1986, Jose became the station manager of AFKN, Pusan affiliate, where he was awarded six Department of Defense broadcast awards for his television news programs. In 1989, he joined the staff of Soldiers Radio and Television in Washington, DC, as a Department of Army news correspondent, traveling to Saudi Arabia to cover Operation Desert Storm. His Desert Storm coverage led to his selection as the 1991 Department of Army Broadcast Journalist of the Year and, subsequently, the Department of Defense Broadcast Journalist of the Year.

Organization Position Status
Avid Technology, Inc. Media Specialist Current
Streaming Media, Inc. Digital Media Specialist Current

Jeremy Meltzer is an aspiring Film major attending Emerson College in Boston, Massachusetts. Originally from Potomac, Maryland, he realized he wanted to become an editor after completing a series of amateur video projects with several high school friends. Although it was his love of editing that originally brought Jeremy to the Boston area in the fall of 2003, his overall interests in media have expanded a lot since that time. This semester, he has dedicated himself to learning animation techniques and has even tried to take on the PHP coding language. Next semester, he plans to take this to the next level, with courses on advanced computer animation as well as a course devoted to motion graphics. He tries to explore as many interests as possible, so that he might one day be able to forge a career out of all these collective experiences, pulling them together to provide a very unique stance on anything he may come across as a professional editor.

Organization Position Status
Avid Technology, Inc. Member of Wzip & Z, TV Current

Joseph Torelli has worked in the broadcast news business for over thirty years, first as editor and cameraman for NBC News and later as Chief Editor Broadcast at Avid Technology. He received the prestigious J. Winton Lemen Fellowship Award from the National Press Photographers Association for his outstanding work in the development of non-linear video editing systems for TV news operations and his commitment to the NPPA, photojournalists, and photojournalism. He currently oversees the implementation of Apple server-based production tools by major broadcasters and studios.

Organization Position Status
Avid Technology, Inc. Current
Nppa Current

Organization Position Status
Avid Technology, Inc. Current

Organization Position Status
Medea Corporation Acting Vice President of Human Resources Current
Avid Technology, Inc. Current
Terra Lycos, Inc. Senior Director Former
American International College Master's Degree In Human Resource Development Former
Boston University Degree In Human Resources Development Former

Organization Position Status
Avid Technology, Inc. Current

Organization Position Status
Avid Technology, Inc. Current

Organization Position Status
Avid Technology, Inc. Current

Organization Position Status
Digital Coast Dean Current
Avid Technologies, Inc. Board of Directors Current
Digital Coast Board of Directors Current
Avid Technology, Inc. Board of Directors Current
University of Wisconsin Ph.D. Degree In Communication Arts Former
Tulane University M.A. Former
Newcomb College, Inc. M.A. Former
Newcomb College, Inc. B.A. Degrees In Theatre Former
Tulane University B.A. Degrees In Theatre Former

Organization Position Status
Harvard Business School Associate Professor of Business Administration Current
Avid Technology, Inc. Board of Directors Current

Organization Position Status
Billings Incorporated President Current
Medea Corporation Board of Directors Current
Avid Technology, Inc. Board of Directors Current
Go Films Board of Directors Current
Silicon Wireless Corporation Chief Executive Officer Former
Silicon Wireless Corporation Chief Operating Officer Former

Organization Position Status
BLUM Capital Partners, L.P. Investment Partner Current
Avid Technology, Inc. Board of Directors Current

Louis Hernandez, Jr. is the chairman of the board and chief executive officer of Open Solutions Inc., a leading provider of enterprise-wide enabling technologies for financial institutions. Open Solutions went private in January 2007 with a transaction value of $1.3 billion. Open Solutions has been named one of the 25 Fastest-Growing Technology Companies of 2006 by Forbes Magazine and in 2007 was ranked number two on the Bank Technology News 10 Technology Companies To Watch report. It has been named to the Connecticut Technology Council's Fast 50; the Deloitte & Touche Technology Fast 500; and American Banker and Financial Insights' FinTech 100. These organizations recognize leading companies in the technology sector for outstanding sales growth. As chairman and chief executive officer, Mr. Hernandez is responsible for Open Solutions' overall corporate vision, strategic and operational direction, short and long-range strategic initiatives and future growth strategies. In addition to leading all aspects of the company, he directs all ongoing interactions with Open Solutions' board of directors, investor community, and the company's client base. He has held senior positions at several high technology companies, and began his career at Price Waterhouse LLP. Mr. Hernandez currently serves on the board of directors of HSBC North America Holdings Inc., the North American holding company for the consumer lending arm and principal banking subsidiaries in the U.S. and Canada of one of the largest banking and financial services organizations in the world. He also serves on the board of directors of HSBC USA Inc., an indirectly-held wholly-owned subsidiary of HSBC North America Holdings Inc. and one of the 10 largest bank holding companies in the U.S. by assets, and its principal subsidiary, HSBC Bank USA, N.A. Mr. Hernandez is a current member of the board of directors of Avid Technology Inc. (Nasdaq: AVID), a publicly-traded company and worldwide leader in providing tools for film, video, audio, 3D animation, gaming and broadcast professionals, as well as Unica Corporation (Nasdaq: UNCA),a publicly-traded company and leading global provider of enterprise marketing management software and services. Mr. Hernandez is a recognized technology executive having been appointed by the Governor of Connecticut to be vice chair of the Governor's Council on Economic Competitiveness and Technology as a business representative with expertise in information technology. Mr. Hernandez chaired the Technology Transfer Advisory board set up by the Governor's Council to develop strategies for technology transfer and commercialization in the state, is the past chairman of the Connecticut Technology Council and the former vice chair of the Commission for Educational Technology, where he recently completed a three-year appointment issued by the Governor. Mr. Hernandez is active in several community issues, including serving as a member of the board of trustees of the Connecticut Center for Science & Exploration, a statewide cultural, entertainment and educational institution; a board member of the Connecticut Children's Medical Center, an organization dedicated to improving the physical and emotional health of children; and a corporator of the Eastern Connecticut Health Network Inc. (ECHN), a not-for-profit hospital and health system network. In 2008, the Cystic Fibrosis Foundation named Mr. Hernandez the 2008 Community Leader of the Year to honor of all his contributions to the community. In addition, he was appointed as the "Distinguished Business Executive" in Residence at Eastern Connecticut State University for the 2008-2009 academic year. This appointment by the Dean and Board of Trustees of the Connecticut State University System gives recognition to his exemplary contributions and achievements in the field of business, his contributions to society and his commitment to inspiring others. Mr. Hernandez is a past recipient of the Hartford Business...

Organization Position Status
Unica Corporation Worldwide Leader Current
Go Films Board of Directors Current
Avid Technology, Inc. Board of Directors Current
Connecticut Children's Medical Center Corporation Board of Directors Current
Open Solutions Inc. Chief Executive Officer Former
Open Solutions Inc. Executive Vice President Former
Connecticut Technology Council Past Chairman Former
Open Solutions Inc. Chairman Former
Mobius Management Systems, Inc. Board of Directors Former

Organization Position Status
Clerestory Consulting LLC. Chief Executive Officer Current
Sundance Digital, Inc. Lead Director of Avid Technology's Board of Directors Current
Go Films Lead Director of Avid Technology's Board of Directors Current
Medea Corporation Lead Director of Avid Technology's Board of Directors Current
Avid Technology, Inc. Board of Directors Current
Continental Cablevision Chief Financial Officer Former
Continental Cablevision Treasurer Former
Wellesley College Bachelor of Arts Degree Former

Robert Halperin has been a Board of Directors member of AtHoc since the company s inception in 1999. Bob was Vice Chairman of Raychem Corporation, a materials science company, from 1990 to 1994, and previous to that served as its President. He spent 37 years at Raychem. Bob has been an advisor to Greylock Management, a venture capital firm, since 1990. He is currently a member of the board of Vitria Technology Inc. (NASDAQ: VITR), a leading provider of eBusiness infrastructure software, Avid Technology Inc. (NASDAQ: AVID) as well as several private companies. Bob serves on the Board of Directors of the Associates of Harvard Business School, the Harvard Business School Publishing Co., Stanford Health Services, and is also a Life Trustee of the University of Chicago. Bob holds a Ph.D. in Liberal Arts from the University of Chicago, a Bachelor of Mechanical Engineering from Cornell University and an MBA. from Harvard Business School.

Organization Position Status
University of Chicago Trustee Current
Avid Technology, Inc. Member Current
Athoc, Inc. Member Current
The Tda Group Chairman Current
Athoc, Inc. Board of Directors Member Current
Harvard Business School Board of Directors Current
Vitria Technology Inc. Board of Directors Current
The Tda Group President Former
Vitria Technology Inc. member Former
Avid Technology, Inc. Chairman of the Board Former
Raychem Vice Chairman Former
The Tda Group Vice Chairman Former
University of Chicago Ph.D. In Liberal Arts Former
Cornell University Mba Former
Harvard Business School Mba Former
Cornell University Bachelor of Mechanical Engineering Former
University of Chicago Degrees In Liberal Arts and Mechanical Engineering Former

Executive News

  • Avid to Present at Investor Conferences in September

    Broadcast Newsroom - 9/02/09 - View Story

  • Avid to Present at Investor Conferences in September

    DMN Newswire - 9/02/09 - View Story

  • Avid to Present at Investor Conferences in September

    Market Wire via MSN Money - 9/02/09 - View Story

  • Broadcasters, Studio Productions, Rental Companies and Educators Invest in Avid Solutions

    Broadcast Newsroom - 8/28/09 - View Story

  • Major Broadcasters, Studio Productions, Rental Companies and Educators Invest in Avid Solutions

    Broadcast Newsroom - 8/18/09 - View Story

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     AVID $11.83 +0.01 (0.08% )
Average Volume 167,968
Shares Outstanding 37.49M
Market Cap 443.5M
Year High 15.48
Year Low 8.4
Earnings Per Share -4.05
P/E Ratio -2.92
Dividend N/A
Yield N/A
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