Following the sudden termination of Louis Hernandez Jr earlier this year, Avid has announced a series of changes to its senior management team. These include the appointment of a new chief financial officer and the creation of brand new role within the company: chief legal and administrative officer.
Ken Gayron is the new CFO and executive vice president. He replaces Brian Agle, who had served as CFO since 2015 and has left Avid to pursue new ventures. Mr Gayron possesses vast background in the software and technology industries, and has a wealth of experience in senior finance management positions for public companies, helping to drive their cash flow, profitability and enterprise value. He most recently served as CFO and interim CEO for Numerex.
'I’m excited to welcome Ken and anticipate that his experience, skills and management style will quickly sharpen Avid’s focus and execution while helping to improve the outcomes for the company, our customers and partners, as well as our shareholders,' said Jeff Rosica, CEO and president of Avid.
The role of chief legal and administrative officer and executive vice president falls to Jason Duva, who has been promoted from his previous position as Avid's general counsel and senior vice president of strategic initiatives. The newly created job consolidates the leadership of various global corporate administrative functions and resources and includes the responsibilities of overseeing legal, human resources, business operations, corporate IT and facilities departments, as well as the company’s project management office.
Other changes to the executive team include the appointment of Dana Ruzicka to the role of chief product officer, a position that now unifies all aspects of Avid’s products and technology divisions in an effort to bring new products to market quicker. Meanwhile, Dave Perillo has been promoted to senior vice president of global supply chain operations and has been named a new member of the executive leadership team. He joined Avid as vice president of global supply chain in 2017.
Diana Brunelle has been named chief human resources officer and vice president. She brings 25 years of HR leadership, talent development and recruiting experience to the role.
Changes at the executive level have also resulted in amendments to the senior leadership team. As a result of Mr Duva's promotion, Alessandra Melloni takes on his former job as general counsel and vice president. She first joined Avid's legal team in 2014.
Tim Claman, previously Avid's VP of of platform and solutions, is now the chief technology officer and VP of product management. Finally, Sharon McGowan-Spinelli has been promoted to the new role of VP of business operations.
'As we prepare Avid to better convert its market opportunities into more demonstrable results today and in the future, all of our organisational announcements will help to reshape our executive team and senior management in order to lead this charge,' concluded Mr Rosica. 'Coinciding with my first 100 days as CEO, I’m pleased to announce these strategic appointments that will enhance our executive and senior leadership teams in order to reinforce our ability to better capitalise on the opportunities in front of us and optimise business performance.