AVID - Avid Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Avid Technology, Inc.

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

SectorTechnology
IndustryElectronic Gaming & Multimedia
Full Time Employees1,446

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeff RosicaPres, CEO & Director947.35kN/A1962
Mr. Kenneth L. GayronExec. VP & CFO514.96kN/A1970
Mr. Jason A. DuvaExec. VP and Chief Legal & Admin. Officer549.52kN/A1973
Mr. Tom J. A. CordinerSr. VP & Chief Revenue Officer676.5kN/A1970
Mr. Dana RuzickaSr. VP & Chief Product Officer447.48kN/A1972
Amounts are as of December 31, 2018 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. Currency in USD.

Description

Avid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, which is used to edit video content, such as television programming, commercials, and films; Avid NEXIS shared storage systems; and Maestro product line solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows. Its audio products and solutions include Pro Tools digital audio software solutions to facilitate the audio production process, including music and sound creation, recording, editing, signal processing, integrated surround mixing and mastering, and reference video playback; Sibelius, which allows users to create, edit, and publish musical scores; S6 that offers complementary control surfaces and consoles; and VENUE | S6L live-sound systems. 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 service contracts and support plans; 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. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

Corporate Governance

Avid Technology, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 5. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 6; Compensation: 6.

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 a 10 indicates higher governance risk.