Avid Strengthens Innovation and Execution of Avid Everywhere With Addition of Chief Technology Officer
September 21 2015 - 8:46PM
Avid® (Nasdaq:AVID) announced today that software development
veteran Rashid Desai has been named Senior Vice President and Chief
Technology Officer. A key member of Avid's Executive Leadership
Team, Desai will tap into more than 20 years of experience to
further execute the company's strategic vision, Avid EverywhereTM.
Reporting directly to Avid Chairman, President and CEO Louis
Hernandez, Jr., Desai will be responsible for leading all of Avid's
technology teams, including software and hardware engineering and
information and technology. He will spearhead the development of
innovative applications for the Avid MediaCentral TM Platform to
help media organizations and creative professionals make content
creation and distribution more efficient, powerful, and
collaborative.
"With 20 years' technology leadership experience, Rashid brings
a strong track record for leading and transforming global
technology teams," said Hernandez. "Having worked with Rashid at
Open Solutions, I'm confident that his experience developing
platforms that scale to global levels will help us drive Avid
Everywhere forward."
Desai joins Avid from Barclaycard, where he held Managing
Director, Chief Information Officer and Chief Technology Officer
roles. He was responsible for the company's U.S. technology
strategy and capabilities, and successfully led a multi-year
transformation of the business, with an emphasis on secure
cloud-based technologies using agile development and lean
operations.
Earlier in his career, Desai held technology leadership
positions at Equifax, where he drove the development of an
enterprise customer management platform, oversaw the innovation of
a scalable global internet commerce platform, and strengthened and
simplified the company's infrastructure. He is also a board member
at Zip Code Wilmington, Delaware's first coding school, preparing
the next generation of software development professionals.
"My key objective is to drive the development of innovative
solutions that solve the media industry's most critical
challenges," Desai said. "I am proud to be part of a global team
that is so committed to innovation and customer success, and I look
forward to playing a key role in fulfilling the Avid Everywhere
vision."
Desai completes Avid's Executive Leadership Team with the recent
appointments of Warner Bros. alum and technology leader Kyle
Kim-Hays as Chief Marketing Officer, former Orad executive Ilan
Sidi as the Vice President of Human Resources, and the promotion of
Avid veteran Dana Ruzicka to Chief Product Officer.
About Avid
Through Avid Everywhere™, Avid delivers the industry's most
open, innovative and comprehensive media platform connecting
content creation with collaboration, asset protection, distribution
and consumption. Media organizations and creative
professionals use Avid solutions to create the most listened
to, most watched and most loved media in the world—from the most
prestigious and award-winning feature films, to the most
popular television shows, news programs and televised sporting
events, as well as a majority of today's most celebrated music
recordings and live concerts. Industry leading solutions include
Pro Tools®, Media Composer®, ISIS®, Interplay®, ProSet and RealSet,
Maestro, PlayMaker, and Sibelius®. For more information about Avid
solutions and services, visit www.avid.com, connect with Avid
on Facebook, Instagram, Twitter, YouTube, LinkedIn, or subscribe
to Avid Blogs.
© 2015 Avid Technology, Inc. All rights reserved. Avid, the Avid
logo, Avid Everywhere, iNEWS, Interplay, ISIS, Media Composer, Pro
Tools, and Sibelius are trademarks or registered trademarks of Avid
Technology, Inc. or its subsidiaries in the United States and/or
other countries. The Interplay name is used with the permission of
the Interplay Entertainment Corp. which bears no responsibility for
Avid products. All other trademarks are the property of their
respective owners. Product features, specifications, system
requirements and availability are subject to change without
notice.
CONTACT: PRESS CONTACT:
Sara Griggs
Avid
sara.griggs@avid.com
310-907-6909
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From Mar 2024 to Apr 2024
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From Apr 2023 to Apr 2024