Louis Hernandez, Jr., is Chairman, President and Chief Executive Officer of Avid, the leading provider of audio and video technology used to help creative and media professionals make, distribute and monetize the most listened to, most watched and most loved digital media in the world. Headquartered in Burlington, MA with over 1,500 employees worldwide, Avid’s proven and trusted solutions have won hundreds of industry and technology awards, including two Oscars® a Grammy®, and 14 Emmys®. Built upon a 25-year heritage of innovation, and holding over 200 patents, Avid provides open, flexible, and scalable products and solutions to the world’s preeminent community of media enterprises and content creators.
Mr. Hernandez is a proven growth-oriented technology executive with expertise in operational execution and results-driven performance in a variety of complex technical fields including content management,
e-commerce, workflow management and financial services. His focus and passion is to advance technology initiatives that specifically enable the active collaboration and connection between individuals, teams, and businesses. Before becoming CEO, he served for five years on Avid’s Board of Directors, including a period as lead Director. Appointed CEO in February 2013, Mr. Hernandez is now leading the company into its next phase of growth and market leadership. To that end, Mr. Hernandez oversees Avid’s strategic investments in product innovation, solutions, and services that help content creators and media organizations better connect with and inspire their audiences, both now and in the future.
Prior to joining Avid, Mr. Hernandez was the Chairman of the Board and Chief Executive Officer of Open Solutions Inc., a technology provider to financial institutions worldwide, which was sold in January 2013 to Fiserv, Inc for over $1 billion. He currently serves on the Board of Directors for HSBC North America Holdings, Inc., HSBC USA Inc., and ScoreBig, Inc., and is an award winning entrepreneur who has founded and advised technology organizations ranging from start-ups to large publicly traded companies.
Mr. Hernandez is the author of two books, Saving the American Dream—Main Street’s Last Stand, and Too Small to Fail, numerous articles, and has received many professional distinctions for his expertise in business and technology. He has also been a featured guest on Fox Business, CNBC, ABC News, and Bloomberg TV, where he discusses technology, economics, strategic planning and globalization.
Through his private foundation, Mr. Hernandez actively supports children’s issues and advances in healthcare and education. Additionally, he is involved in a diverse range of community issues, including advancing the physical and emotional health of children, and promoting education in science. In particular, the Cystic Fibrosis Foundation named Mr. Hernandez a Community Leader of the Year in honor of his many contributions to the community.
Paula E. Boggs, a songwriter and the lead vocalist for the Paula Boggs Band, is the founder and owner of Boggs Media, LLC. Since 2013, she has been a member of the President's Committee for the Arts and the Humanities, and was previously a member of the White House Council for Community Solutions from 2010 to 2012.
Ms. Boggs has held a variety of professional and community leadership roles over the past 25+ years. A former executive at the Starbucks Coffee Company, she led the global law department of Starbucks from 2002 to 2012, and was corporate Secretary of the Starbucks Foundation. Prior to that, Ms. Boggs was a Vice President of legal for products, operations and information technology at Dell Computer Corporation from 1997 to 2002 and also held the role of Senior Deputy General Counsel starting in June 1997. Before joining Dell, Ms. Boggs was a Partner with the law firm of Preston Gates & Ellis LLP from 1995 to 1997, where she served as a trial lawyer specializing in corporate civil litigation. Earlier in her career, Ms. Boggs was an Assistant U.S. Attorney for the Western District of Washington from 1988 to 1994 and was a Regular Officer in the U.S. Army from 1981 to 1988.
She is currently a member of The Johns Hopkins University Board of Trustees and National Advisory Board of its Peabody Institute, as well as Secretary of the Board of KEXP Radio, an affiliate of National Public Radio and the University of Washington. Ms. Boggs is also a voting member of the National Academy of Recording Arts and Sciences.
Robert M. Bakish is President and Chief Executive Officer of Viacom International Media Networks, a division of Viacom Inc. In this role, Mr. Bakish oversees Viacom's Media Networks properties outside the United States, including MTV Networks International, BET Networks' international channels and non-premium Paramount branded networks. Mr. Bakish is also Chairman of the Board of Viacom 18 (Viacom's Indian joint venture which operates the Colors Television Network as well as MTV, VH1 and Nickelodeon) and serves on the boards of Viacom's joint ventures with BSkyB and Telecom Italia Media.
Previously, Mr. Bakish was President of MTV Networks International where he had P&L and management responsibility for MTV Networks International overseeing all MTV Networks operations outside of the United States. MTV Networks is a premier creator of multimedia entertainment with content that spans kids, music and general entertainment. Prior to that, Mr. Bakish was Executive Vice President, Operations, of Viacom Enterprises, responsible for Viacom's strategic planning and business development, the Viacom Plus Sales Group, IS&T as well as the Famous Music publishing company. Prior to that, he served as Executive Vice President and Chief Operating Officer, MTV Networks Advertising Sales and was Chairman of the Cable Television Advertising Bureau. During this period, Mr. Bakish also had responsibility for MTV Networks' strategy and business development. Prior to joining MTV Networks, Mr. Bakish was Senior Vice President, Planning, Development and Technology at Viacom Inc. Before joining Viacom, Mr. Bakish was a partner with Booz Allen & Hamilton in its Media and Entertainment practice.
Mr. Bakish received an M.B.A. from the Columbia University School of Business in 1989 and a B.S. in Operations Research from Columbia's School of Engineering and Applied Science in 1985.
Nancy Hawthorne has been a member of the Avid board of directors since 1997. Ms. Hawthorne has been a Partner of Hawthorne Financial Advisors, a financial advisory and investment firm, since June 2014. Previously, Ms. Hawthorne served as Chair and Chief Executive Officer of Clerestory, LLC; Chief Executive Officer and Managing Partner of Hawthorne, Krauss & Associates, LLC, a provider of consulting services to corporate management; and as Executive Vice President and Chief Financial Officer and Treasurer of Continental Cablevision. As chief financial officer of Continental Cablevision, Inc., Ms. Hawthorne was responsible for treasury, mergers and acquisitions, investor relations, accounting functions, and oversaw the company's financial strategy and capital markets activities. Following Continental Cablevision's merger with US West Inc., she became an executive vice president of the merged company, MediaOne. Ms. Hawthorne holds a bachelor of arts degree from Wellesley College and a master of business administration degree from the Harvard Business School.
Dr. Moon has been a professor at Harvard Business School since 1998. Prior to that, Dr. Moon was professor at the Massachusetts Institute of Technology from 1997 to 1998. From 1991 to 1993, Dr. Moon was a producer for the NBC News affiliate, KRON, in San Francisco, California.
Mr. Park has been a member of the Avid board of directors from June 2007 to June 2011 and was reelected to our board in May 2012. Since November 2012, Mr. Park has been a partner at the investment management firms of Jackson Park Capital, LLC and Jackson Park Advisors, LLC. Prior to that, Mr. Park was a partner of Blum Capital Partners, L.P., a private equity firm and an Avid investor, from May 2004 to November 2012. Prior to joining Blum Capital Partners, Mr. Park spent 11 years with Columbia Wanger Asset Management, L.P. where he was a partner and the Portfolio Manager of the Columbia Acorn Select Fund and a Co-Portfolio Manager of the Columbia Acorn Fund. Mr. Park has also in the past served as a director of eResearch Technology, Inc. and GlenRose Instruments, Inc.
Mr. Westley is a Partner at Blum Capital Partners, a leading investment firm that is Avid's largest shareholder with an approximately 16.7% stake in the Company. At Blum Capital Partners, Mr. Westley is a member of the investment committee and has primary responsibility for the Avid investment. Mr. Westley has been a Partner at Blum Capital Partners since 2012 and has nearly 30 years of experience in financial services working with media and technology companies. He sits on the Board and the Audit Committee of Payless Holdings, LLC and is an alternate member of the Board of Xtralis Group Holdings Limited, in both of which Blum Capital Partners has a significant investment stake. His prior experience includes serving as a Managing Director in the Technology and Media Groups at Salomon Smith Barney, Partner and Head of the Media and Internet Investment Banking at ThinkEquity Partners, LLC, and Managing Director and Head of Media and Internet Banking at North Point Advisors. During his investment banking career, Mr. Westley raised more than $10 billion and advised on more than $2 billion of mergers and acquisitions for internet, media, technology, and telecom clients in over 60 transactions, including lead managed private placements, IPOs, follow-on offerings, convertible debt offerings, high-yield debt offerings, and buy-side and sell-side mergers and acquisitions.