ChyronHego has announced the appointment of Marco Lopez as CEO effective January 8. Lopez joins ChyronHego from Grass Valley, where he most recently served as President. Grass Valley had last week announced Timothy Shoulders as the new President to take over from Lopez. The company’s former president and CEO, Johan Apel, will continue serving the company as Executive Chairman of the board with an emphasis on ChyronHego’s sports solutions.
“In recent years, ChyronHego has made tremendous inroads in the sports world; for example, we’re now the clear industry leader for in-stadium media and sports tracking/analysis solutions,” said Apel. “With the start of 2018, our investment in these sports solutions, such as the TRACAB tracking system, will bring fantastic opportunities to our customers by allowing them to achieve greater viewer engagement and retention. Furthermore, our virtualized software and IP-based solutions have now been proven in several broadcast environments and are ready to drive greater flexibility while reducing costs within any broadcast operation.”
He added, “With this change in our executive team, Marco will apply his deep experience and powerful leadership skills to grow our business amongst broadcast customers, while I will work with the team to continue expanding our worldwide presence in sports. I look forward to working with Marco very much as we enter this exciting new growth phase.”
Lopez commented on his new appointment, “The broadcast industry is continuing to shift at a rapid pace from proprietary hardware to software-based workflows running in commodity IT-based environments. With strategic solutions like the highly successful CAMIO Universe, ChyronHego has foreseen the software-driven future and is poised for explosive growth, particularly in the broadcast segment. I could not be more excited to join ChyronHego at such a promising time, and I look forward to working with Vector Capital, Johan, and the entire team.”
Lopez had been President of Grass Valley since 2012 where he handled the company’s worldwide operations. Prior to that role, he was at Miranda Technologies since joining in 2005 as vice president of product development, taking on additional responsibilities as a product unit vice president. In 2010, he was named senior vice president, continuing in that role through the company's acquisition by Belden Inc. in 2012.