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Avid Technology, Inc. (AVID)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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26.10+0.15 (+0.58%)
At close: 04:00PM EDT
26.10 0.00 (0.00%)
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Avid Technology, Inc.

75 Network Drive
Burlington, MA 01803
United States
978 640 6789
https://www.avid.com

Sector(s):Β Communication Services
Industry:Β Electronic Gaming & Multimedia
Full-time employees:Β 1,405

Key executives

NameTitlePayExercisedYear born
Mr. Jeff RosicaPres, CEO & Director1.25M2.58M1962
Mr. Kenneth L. GayronExec. VP, CFO, Chief Accounting Officer & Corp. Treasurer620.82kN/A1970
Mr. Kevin W. RileyCTO & Sr. VP619.58kN/A1971
Mr. Tom J. A. CordinerChief Revenue Officer & Sr. VP803.54k379.9k1970
Mr. Dave PerilloSr. VP of Operations & Supply ChainN/AN/AN/A
Mr. Whit RappoleVP of Corp. Devel. & Investor RelationsN/AN/AN/A
Ms. Alessandra MelloniCorp. Sec., Gen. Counsel, Chief Ethics and Compliance Officer & Sr. VPN/AN/AN/A
Ms. Joyce ButlerChief HR Officer & SVPN/AN/AN/A
Mr. Dana RuzickaSr. VP and GM of Audio & Music SolutionsN/AN/A1972
Mr. Peter M. EnnisSr. VP of Global Services & SupportN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S6 line of complementary control surfaces and consoles; S1 and S4 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

Corporate governance

Avid Technology, Inc.’s ISS governance QualityScore as of 1 June 2022 is 2. The pillar scores are Audit: 7; Board: 1; Shareholder rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.