Latest post Tue, Feb 26 2013 2:35 AM by Jim. 11 replies.
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  • Mon, Feb 11 2013 2:38 PM

    • TCurren
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    Avid gets a new CEO

    Symphony Nitris Classic, Symphony DX, MC Soft, MC Adrenaline, MC Adrenaline HD, Unity, Terrablock, ProTools [view my complete system specs]

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  • Mon, Feb 11 2013 2:59 PM In reply to

    Re: Avid gets a new CEO

    Gary Greenfield "...will be entitled, in connection with his existing employment agreement with the Company, to payment of his accrued benefits, salary continuation for twelve months in the aggregate amount of $1,014,000, a payment in respect of annual bonus of $1,123,200, payment in respect of COBRA premiums, outplacement services and thirteen months additional vesting on his outstanding time-vesting equity awards."

     

    He'll need those "outplacement services" to get him through the tough times ahead.  Cool

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  • Mon, Feb 11 2013 3:06 PM In reply to

    • switthaus
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    Re: Avid gets a new CEO

    Yeah, not a bad "pat on the back" going out the door.  

     

    Anyone know anything about the new CEO besides what is in this release?

     

    sw

     

    Scott Witthaus

    Owner/Editor/Post Production Supervisor 1708 Editorial

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  • Mon, Feb 11 2013 8:25 PM In reply to

    Re: Avid gets a new CEO

    Time will tell whether this is a good or bad thing.  Far too often a change of leadship means using short-sighted tactics to give the stock price a little shot in the arm, before making the company worse in the long run as a result.  

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  • Mon, Feb 11 2013 10:04 PM In reply to

    Re: Avid gets a new CEO

    For me getting a news info email from the new CEO hours after the appointment with sentiment like this "Going forward, you can expect Avid to work more closely with you than ever before" is decidedly encouraging.

  • Mon, Feb 11 2013 10:20 PM In reply to

    • Marianna
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    Re: Avid gets a new CEO

    See here........

    http://community.avid.com/forums/p/116863/674431.aspx#674431

    Marianna

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  • Mon, Feb 11 2013 11:20 PM In reply to

    • TVJohn
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    Re: Avid gets a new CEO

    A good start would be a limited time ver 6 to 6.5 offer of $299.

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  • Tue, Feb 12 2013 2:21 AM In reply to

    • sam the sham
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    Re: Avid gets a new CEO

    Terry Snyder:

    He'll need those "outplacement services" to get him through the tough times ahead.  Cool

    When Obama gets done with that 1 mil. he just might need that service. Surprise

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  • Tue, Feb 12 2013 2:52 AM In reply to

    • Nnata
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    Yes [Y] Re: Avid gets a new CEO

    AndrewAction:

    For me getting a news info email from the new CEO hours after the appointment with sentiment like this "Going forward, you can expect Avid to work more closely with you than ever before" is decidedly encouraging.

     

  • Tue, Feb 12 2013 12:53 PM In reply to

    Re: Avid gets a new CEO

    TVJohn:

    A good start would be a limited time ver 6 to 6.5 offer of $299.

    Seconded!

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  • Tue, Feb 12 2013 1:48 PM In reply to

    • switthaus
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    Re: Avid gets a new CEO

    Have you seen the stock price recently?  I am not sure the other "limited time offers" for upgrades, crossgrades and such are going to be on the top of his list (they sure haven't helped the stock over the last 12 months).  And I have a feeling that list is pretty long.  I think we all wish him success, however!

    Scott Witthaus

    Owner/Editor/Post Production Supervisor 1708 Editorial

    http://vimeopro.com/1708editorial/1708-editorial

  • Tue, Feb 26 2013 2:35 AM In reply to

    • Jim
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    Re: Avid gets a new CEO

    If you would have told me that Apple would foul up the FCP franchise with FCP X near the same time as the MC upgrade from 5 to 6, I would have expected that Avid would gain market share and the shares would thrive.

    hMMMMMMM

     

     

    JJM

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