Audinate has announced that company CTO and co-founder Aidan Williams will succeed Lee Ellison as CEO. Ellison has informed the company of his intention to retire from his role on 13 September 2019 following release of the 2019 full year financial results.
‘Lee has been a key contributor to the growth of Audinate, and the results speak for themselves,’ says Audinate chairman. David Krall. ‘Under Lee’s leadership as CEO over the past 11 years, Audinate has become the global market leader in audio networking for the professional A/V industry. He led the company through its IPO in June 2017 and, since its listing, Audinate has consistently delivered strong results and record growth.
‘Together with Lee and the board, we developed a succession plan over the past year to ensure a smooth transition of the CEO role. Our plan was for Aidan to follow Lee into the CEO role, and we are delighted that this will occur. Having co-founded Audinate, Aidan has been a guiding force in its product innovation and strategy and will continue to do so as CEO. With a talented team in place, we are confident of a smooth transition and continued growth.’
‘I am most proud about the passionate team at Audinate that has contributed to our overall success and is brilliantly executing on the growth strategy that has been put in place,’ says Ellison. ‘I am comforted in my decision to enter retirement, believing the time is right to hand the leadership over to Aidan.
‘Aidan, and the rest of our executive leadership team, have built a close working relationship over many years, and I am confident that Audinate will continue to thrive under his leadership. As the de facto standard and most trusted brand in audio networking for the professional A/V industry, and with us now adding video capability to our product portfolio, Audinate is in a great position to capitalise on our vision to pioneer the future of A/V.’
‘We are at a very exciting point in the company’s development, with strong ongoing momentum highlighted by achieving the milestone of 2,000 Dante enabled OEM products available for sale,’ says CEO-Elect, Williams. ‘Having been closely involved in the technology and strategy of the business to date, I see my role as leading the team to unlock the value embedded in transforming the global A.V industry through networking and software.’
More: www.audinate.com
