Telestream CEO, and one of the company's original founders, Dan Castles has announced his retirement.
Castles will be succeeded by former Cisco executive Scott Puopolo, effective immediately.
Castles has led the company for over 20 years, as it has developed into a market-leader focussing on enterprise-class video transcoding, quality assurance, and workflow solutions, as well as addressing the numerous video format and device incompatibilities and service disruptions encountered when delivering video over any network.
He will continue as a member of Telestream's board.
“Knowing the right time to retire is not easy,” said Castles. “However, I am confident that Scott is the right man to take this business to the next level. We have achieved a lot over the last 20 years, growing from a small team of 11 to over 400 bright and dedicated employees all over the world. I look forward to working with Scott, the board and the rest of the executive team on a transition which ensures that the next 20 years are our most successful ever.”
“Under Dan’s leadership, Telestream has developed into one of the most dynamic players in the media and entertainment sector and I am both honoured and humbled to have been chosen as its new chief executive,” added Puopolo. “Dan and I share excitement for Telestream’s bright future, and I look forward to extending Telestream’s industry leadership to support the critical business needs of our customers around the world.”