Avid's executive resigned today: Christopher C. Gahagan, 51, SVP of Products and Tech

[deanrichard]

A lot of times an executive who knows he's on the hot seat will look for positions elsewhere. I don't know where he landed, and it's possible he moved up, but it's just as likely he took a CEO job at a much smaller company to avoid the inevitable ax falling.

Originally Posted by Drew Mazurek

yeah...

This guy's only been there since '09 and isn't an "audio" guy anyway.

Rumor has it he left to get a CEO position in another field entirely. Suits movin' on up!!

Onward!! I like the 12.1 changes, anxious for more!!

[Drew Mazurek]

Originally Posted by deanrichard

to avoid the inevitable ax falling.

Boy!! Time to learn a new DAW!! Hurry!!

[mesaone]

Originally Posted by Drew Mazurek

Boy!! Time to learn a new DAW!! Hurry!!

But not Studio One, because Presonus had a recent change as well (former CSO is the new president, COO moved up to CEO)

[zedhed]

Originally Posted by Drew Mazurek

Onward!! I like the 12.1 changes, anxious for more!!

Nice to see someone so easily pleased in this world of consumerism.

[mesaone]

If Zed can't be happy with 12, no one can be happy with 12!

[Drew Mazurek]

Originally Posted by zedhed

Nice to see someone so easily pleased in this world of consumerism.

What's the alternative? To be a cranky internet forum curmudgeon? No thanks. Plenty of those around.

[PT_King]

Avid gave Christopher C. Gahagan a lot of shares (over 200,000 shares - Award at $0 per share.) and he sold a lot of them over the last few years, according to Marketwatch and Yahoo's Insider Transactions. Also, other Avid's executives received and sold a lot of Avid's stocks. During the past few years, we (the loyal Avid's customers) have been paying all kind of ridiculous fees to Avid (upgrade fees, ASC phone call fees, hardware upgrade, hardware exchange, annual support fee, etc.).

http://www.marketwatch.com/investing...s?pid=77610751

http://finance.yahoo.com/q/it?s=AVID...r+Transactions

[Touchwood Studios]

Originally Posted by JCBigler

That's funny actually. One of my suggestions on the survey was that they fire Louis Hernandez.

+1

a computer software engineer in charge of creative company?

[Becharax]

What do we get from it ?

[Emcha_audio]

Originally Posted by PT_King

Avid gave Christopher C. Gahagan a lot of shares (over 200,000 shares - Award at $0 per share.) and he sold a lot of them over the last few years, according to Marketwatch and Yahoo's Insider Transactions. Also, other Avid's executives received and sold a lot of Avid's stocks. During the past few years, we (the loyal Avid's customers) have been paying all kind of ridiculous fees to Avid (upgrade fees, ASC phone call fees, hardware upgrade, hardware exchange, annual support fee, etc.).

http://www.marketwatch.com/investing...s?pid=77610751

http://finance.yahoo.com/q/it?s=AVID...r+Transactions

Let's nip this in the bud before it's degrades into something else.

There's also been a lot of people from AVid who have bought and acquired shares.

https://finance.yahoo.com/q/it?s=AVI...r+Transactions