SAN FRANCISCO — Grass Valley has appointed Tim Thorsteinson president and CEO. He will be in charge of leading the company through the next phase of its evolution. Thorsteinson has held numerous senior roles in the broadcast technology industry, including president/CEO of Grass Valley, president of the broadcast communications division of Harris Corp., and president/CEO of Leitch. Most recently, he was president and CEO of Enablence Technologies Inc.
Having led the successful acquisition and carve out of Grass Valley from Technicolor two years ago, Alain Andreoli has stepped down and will leave the business at the end of January. He leaves behind a transformed independent company, that’s been repositioned as a true end-to-end solutions provider.
“We are pleased to have Tim Thorsteinson join Grass Valley at this pivotal point in the company’s transformation,” notes David Golob, partner at Francisco Partners and chairman of the board of Grass Valley. “Tim’s in-depth industry knowledge and his proven track record of value creation will ensure Grass Valley’s continued success as an independent leader in the rapidly evolving broadcast infrastructure market. I would also like to thank Alain for all of his contributions in helping to re-establish Grass Valley as an independent company.”
“Grass Valley is uniquely positioned to help lead the broadcast industry into the multi-platform era and I am excited to be joining the team,” says Thorsteinson. “I know first hand of the rich history of technical innovation that our customers around the world have come to expect from Grass Valley and I intend to continue that tradition through our powerful product portfolio and best in class solutions.”