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Saturday, November 28, 2009, 9:37AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Avid Technology Inc. (AVID)On Nov 27: 11.93  Down 0.04 (0.33%)  
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Avid Technology Inc.
Avid Technology Park
One Park West
Tewksbury, MA 01876
United States - Map
Phone: 978-640-6789
Fax: 978-640-3366
Web Site: http://www.avid.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Consumer Goods
Industry:Electronic Equipment
Full Time Employees:2,350

BUSINESS SUMMARY 
Avid Technology, Inc. develops, markets, sells, and supports software and hardware products for the production, management, and distribution of digital media content worldwide. The company’s Professional Video segment offers digital, nonlinear software and hardware video-editing solutions to edit television programs, commercials, and films; newsroom on-air graphics, ingest, play-to-air, and automation device control solutions; 3D animation products; video storage and workflow solutions, which include a production asset management solution to enable collaboration and workflow automation; and software and application support, installation, integration, planning, consulting, and training services. Its Consumer Video segment provides a consumer video-editing solution for consumers and entry-level videographers to create professional-looking videos; and TV-over-PC viewing solutions to view television programming on a personal computer. The company’s Audio segment provides digital audio software and workstation solutions for the audio production process; integrated console systems, expandable hardware control surfaces, and audio interfaces; and live sound solutions, such as products for mixing audio for live sound reinforcement, and keyboards/controllers and digital pianos for musicians. This segment also offers desktop and studio monitors, such as speakers for use with desktop computer systems and in studios; software to electronically create, edit, and publish musical scores; and a computer-based disc jockey performance software package. It serves the education industry, artists, post production facilities, broadcasters and media conglomerates, and established professionals, as well as music, film, or video enthusiasts. The company markets and sells its solutions through independent distributors, value-added resellers, dealers, retailers, and e-commerce sales programs. Avid Technology, Inc. was founded in 1987 and is headquartered in Tewksbury, Massachusetts.
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    CORPORATE GOVERNANCE 
    Avid Technology Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 34.7% of S&P 600 companies and 69.2% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Gary G. Greenfield , 53
    Chairman, Chief Exec. Officer and Pres
    $ 900.00K $ 0
    Mr. Kenneth A. Sexton , 55
    Chief Admin. Officer, Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 354.00K $ 0
    Ms. Kirk E. Arnold , 49
    Chief Operating Officer and Exec. VP
    $ 533.00K $ 0
    Ms. Paige Parisi , 44
    VP, Corp. Sec. and Gen. Counsel
    N/A N/A
    Mr. Jerry Kelly ,
    Chief Information Officer and VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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