Avid Appoints Wellford Dillard CEO

Technology provider Avid today appointed Wellford Dillard as the organization’s next chief executive officer. He succeeds Jeff Rosica, who is staying with the company in an advisory capacity to ensure a smooth and successful transition.

Dillard joins Avid after serving as the CEO of Marigold, a provider of omni-channel marketing SaaS solutions, used by businesses to manage and deepen customer engagement. He has more than 20 years of experience in the software industry and, prior to Marigold, held CFO roles at vertical software leaders including Opower and GetWellNetwork, among others.

“We are thrilled to appoint Wellford as the new CEO of Avid,” said William Chisholm, managing partner, and Patrick Fouhy, principal, of Avid parent STG. “He has an exceptional background leading software businesses and brings a wealth of valuable experience to Avid. His strong track record driving growth will be invaluable during this next phase of the company’s journey.  In addition, we want to express our sincere gratitude to Jeff for his leadership and contributions to the company during his tenure as CEO and for his commitment in helping to ensure a successful transition prior to his retirement.”

Dillard said: “I am privileged to join such a terrific team and significant technology leader in the media and entertainment industry. It is a critical time for the industry, as well as an important time for Avid, and I am excited to be leading this iconic organization. The company’s continued focus on innovative technology that can help its preeminent customer base deliver on their creative and business objectives will remain at the center of Avid’s focus as we deliver on the company’s strategic goals and next phase of growth.”

Rosica added: “I’m excited about the future of Avid under Wellford’s leadership, and personally believe that he is the right individual at the right time to lead the company. It has been my honor to be the CEO of Avid over the past several years. I am confident that Wellford has what it takes to move the company forward and lead the team to even greater success in the years ahead.”