Rhonda Bassett-Spiers replaces Dan Castles at the helm of Telestream

Following his retirement, Dan Castles passes the baton as CEO of Telestream to Rhonda Bassett-Spiers. President and COO Jon Wilson will remain in his current role.

Bassett-Spiers succeeds Castles, who will step down from the role of CEO and will remain with the company until April 2023 to assist in the transition.

Castles, the company's founding CEO, returned to the CEO role in January 2020 from the Board of Directors to lead the Company's recent phase of accelerated growth. During his most recent tenure as CEO, Telestream has completed five acquisitions, while significantly expanding the company's ability to support customer workflows as they transition to the cloud, achieving consistent revenue growth and strong profitability.
Eli Weiss, Managing Partner of Genstar Capital, which acquired Telestream, comments, "Under Dan's leadership and strategic foresight, Telestream has grown to become an industry-leading provider of automation tools and applications across the media supply chain. I want to thank Dan for his leadership since returning to the CEO role in January 2020 to guide Telestream through its most recent phase of accelerated growth, while positioning the company for continued success in the future."

With three decades of experience in the IT sector, prior to Telestream, Rhonda Bassett-Spiers was President and CEO of iTradeNetwork, a company specializing in end-to-end supply chain management and intelligence solutions for the perishable food industry. Under his leadership, iTradeNetwork developed a set of industry-first solutions that enabled customers to build resilience and quickly adapt to the ever-changing conditions of the food supply chain.

"Rhonda has an excellent track record of leadership in the technology sector and is a pioneer in innovation and driving growth. Our leadership styles are complementary and our priorities of delivering superior customer and employee experiences are consistent, making her the right person to lead Telestream as the next CEO," said Castles.

Rhonda Bassett-Spiers acknowledges that "I joined Telestream because of its culture, its history of growth and profitability, and its leadership position in the video industry. I look forward to partnering with Jon and the great leadership team as the company begins a new chapter of providing world-class solutions across the digital media supply chain."