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Avid Pro Audio CommunityHow to Join & Post • Community Terms of Use • Help Us Help YouKnowledge Base Search • Community Search • Learn & Support |
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#1
05-21-2013, 08:10 AM
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Greenfield Resigns from Avid Board of Directors
http://blog.devoncroft.com/2013/05/2...-of-directors/
Does anyone know if Avid made their May 20 deadline? http://www.bizjournals.com/boston/bl....html?page=all 
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#2
05-22-2013, 10:40 PM
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Re: Greenfield Resigns from Avid Board of Directors
A wise old man once told me "the higher you climb the corporate ladder, the more precarious your position becomes".
Most CEO's seem to have relatively short tenure, maybe that's why they get paid so much. Oh well, onward and upward...life goes on.
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Too much blood in my drugstream Motherboard: Gigabyte Z690 AERO D CPU: Intel Alder Lake Core i9-12900K CPU Cooler: Noctua NH-D15S RAM: Corsair Vengeance DDR5 64GB (2x 32gb 5200MHz) Drives: 2 x Samsung 980 Pro 2TB NVME PCIE 4.0 M.2 SSD (Record & Samples) 1 x Samsung 980 Pro 1TB NVME PCIE 4.0 M.2 SSD (OS Win 11 Pro) GPU:Gigabyte GeForce RTX 3060 12GB GDDR6 PCIE 4 PSU: Corsair HX Series HX850 Platinim CASE: Fractal Define XL R2 PT 11HD (v11.3.2) Omni s/pdif <> AxeFxIII HD 96I/O
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#3
05-22-2013, 11:58 PM
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Re: Greenfield Resigns from Avid Board of Directors
They missed the deadline and are facing being de-listed. Greenfield was asked to step down from the board, to avoid future embarrassment for the company.
CEO Rodriguez has issued a statement to the effect that the whole of 2012's books contain 'material weaknesses' and one report has Avid revising the books all the way back to 2009. Last edited by The Byre; 05-23-2013 at 12:22 AM.
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