Gary Greenfield has stepped down from his role as president and chief executive of Avid.

He has been replaced by former Open Solutions chief executive Louis Hernandez, who has been a member of the Avid board since 2008.

Greenfield will remain on Avid’s board of directors. 

“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 Avid board member George Billings.

“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.”

Hernandez said: “It is an exciting opportunity to lead Avid at this very important juncture in the company’s history.

“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.”

  • See this week’s Broadcast for an interview with Louis Hernandez

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