Tim Thorsteinson joins Grass Valley as president and CEO

After leading the spin-off operation of Technicolor two years ago, Alain Andreoli will leave his position at the head of Grass Valley, now in the hands of Francisco Partners, at the end of January.

Grass Valley has hired Tim Thorsteinson as its new president and CEO to lead the next stage in the company's evolution.

A professional with long experience in the broadcat sector, Thorsteinson has previously held senior management positions such as president of the broadcast and communications division of Harris Corp or general management at Leitch. Tim was most recently President and CEO of Enablence Technologies.

After leading Technicolor's spin-off operation two years ago, Alain Andreoli will step down from his position at the end of January. Alain leaves behind a highly transformed independent company, with ambition to reposition itself as an end-to-end solutions provider.

David Golob, Partner and Chairman of the Board of Directors of Francisco Partners (Grass Valley's leading partner), was very pleased with the addition of Tim Thorsteinson to Grass Valley "as he joins Grass Valley at this crucial point in the company's transformation. HIS deep knowledge of the industry and track record will ensure Grass Valley's continued success as a leading independent company in a rapidly evolving broadcast infrastructure market. I would also like to thank Alain for his contribution in helping Grass Valley re-establish itself as an independent company."

For his part, Thorsteinson highlighted that "Grass Valley is uniquely positioned to accompany the broadcast industry in the multi-platform era and I am very pleased to join the team. I know firsthand 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 with best-in-class solutions."