MELVILLE, N.Y. — Jan. 9, 2018 — ChyronHego, a portfolio company of Vector Capital, today announced the appointment of Marco Lopez as CEO, effective Jan. 8. The company's former president and CEO, Johan Apel, will continue serving the company as executive chairman of the board with an emphasis on ChyronHego's market leadership in sports solutions. Bringing an expanded focus on the broadcast industry, Lopez joins ChyronHego from Grass Valley, where he most recently served as president.
"In recent years, ChyronHego has made tremendous inroads in the sports world; for example, we're now the clear industry leader for in-stadium media and sports tracking/analysis solutions," said Apel. "With the start of 2018, our investment in these sports solutions, such as the TRACAB tracking system, will bring fantastic opportunities to our customers by allowing them to achieve greater viewer engagement and retention. Furthermore, our virtualized software and IP-based solutions have now been proven in several broadcast environments and are ready to drive greater flexibility while reducing costs within any broadcast operation."
He added, "With this change in our executive team, Marco will apply his deep experience and powerful leadership skills to grow our business amongst broadcast customers, while I will work with the team to continue expanding our worldwide presence in sports. I look forward to working with Marco very much as we enter this exciting new growth phase."
Lopez was appointed president of Grass Valley in 2012, overseeing the company's worldwide operations. He first joined Miranda Technologies in 2005 as vice president of product development, driving product management across Miranda's entire product portfolio. During the ensuing years, Lopez took on additional, broader responsibilities that included research and development, product strategy, and customer support as a product unit vice president. In 2010, he was named senior vice president, continuing in that role through the company's acquisition by Belden Inc. in 2012.
Prior to joining Miranda, Lopez served 11 years in the video products group of Matrox Electronics, most recently as senior director of sales and marketing. He also served as director of products at Matrox, responsible for product management, applications engineering, and customer support. Lopez graduated with distinction from Concordia University in Montreal with a degree in computer engineering. He holds an elected position on the IABM's board of directors.
Lopez commented, "The broadcast industry is continuing to shift at a rapid pace from proprietary hardware to software-based workflows running in commodity IT-based environments. With strategic solutions like the highly successful CAMIO Universe, ChyronHego has foreseen the software-driven future and is poised for explosive growth, particularly in the broadcast segment. I could not be more excited to join ChyronHego at such a promising time, and I look forward to working with Vector Capital, Johan, and the entire team."
More information about PRIME Graphics 2.6 and ChyronHego's full product portfolio is available at www.chyronhego.com.
# # #
About Vector Capital
Vector Capital is a leading global private equity firm specializing in transformational investments in established technology businesses. With $3.7 billion of capital under management, Vector identifies and pursues these investments in both the private and public markets. Vector actively partners with management teams to devise and execute new financial and business strategies that materially improve the competitive standing of these businesses and enhance their value for employees, customers, and shareholders.
For more information, visit http://www.vectorcapital.com.
ChyronHego, a portfolio company of Vector Capital, is a global leader in products, services, and solutions for the broadcast and sports industries. Specializing in live television, news, and sports production, ChyronHego offers some of the industry's most widely deployed solutions — including Lyric®, the world's most popular broadcast graphics creation and playout offering; the all-new CAMIO Universe newsroom workflow; and the TRACAB™ optical sports tracking system. Headquartered in New York, ChyronHego also has offices in the Czech Republic, Denmark, Finland, Germany, Mexico, the Netherlands, Norway, Singapore, Slovak Republic, Sweden, and the United Kingdom.
For more information on ChyronHego, visit www.chyronhego.com.
All trademarks and registered trademarks mentioned herein are the property of their respective owners.
Link to Word Doc: www.wallstcom.com/ChyronHego/180109ChyronHego.docx
Photo Link: www.wallstcom.com/ChyronHego/ChyronHego-MarcoLopez-CEO.jpg
Photo Caption: Marco Lopez, CEO, ChyronHego
Share it on Twitter: https://twitter.com/intent/tweet?text=.Marco%20Lopez%20joins%20@ChyronHego%20as%20CEO.%20-%20http://bit.ly/2Ennism
Future US's leading brands bring the most important, up-to-date information right to your inbox