AVID - Avid Technology, Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD

Avid Technology, Inc.

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

SectorTechnology
IndustryMultimedia & Graphics Software
Full Time Employees1,591

Key Executives

NameTitlePayExercisedAge
Mr. Louis Hernandez Jr.Chairman and Chief Exec. Officer1.26MN/A50
Mr. Jeff RosicaPres and Chief Sales & Marketing Officer662.63kN/A55
Mr. Brian E. AgleChief Financial Officer and Sr. VP172.35kN/A54
Mr. Jason A. DuvaGen. Counsel, Sr. VP of Strategic Initiatives and Corp. Sec.425.23kN/A44
Mr. Ilan SidiVP of HR431.83kN/A46
Amounts are as of December 31, 2016 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 and hardware for digital media content production, management, and distribution worldwide. The company offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile-based apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization. In addition, the company provides Avid shared storage systems; AirSpeed 5000 and 5500 video servers; and Pro Tools digital audio software and workstation solutions that facilitate the audio production process. Further, it offers complementary control surfaces and consoles; VENUE product family that includes console systems for mixing audio for live sound reinforcement; and Sibelius-branded software, which allows users to create, edit, and publish musical scores. Additionally, the company provides workflow design and consulting; program and project management; system installation and commissioning; custom development; and role-based product level training services. It offers its products and solutions to customers in broadcast and media, video and audio post, and professional markets through a network of sales representatives, independent distributors, value-added resellers, dealers, retailers, and digital sales channels. The company was founded in 1987 and is headquartered in Burlington, Massachusetts.

Corporate Governance

Avid Technology, Inc.’s ISS Governance QualityScore as of December 1, 2017 is 9. The pillar scores are Audit: 10; Board: 7; Shareholder Rights: 6; Compensation: 8.

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.