Synamedia, the independent video software and solutions company, has appointed Rick Medlock as Chief Financial Officer. Synamedia opened for business following the completion of Permira funds’ acquisition of Cisco’s video business on October 29th.
Medlock brings more than 30 years of experience as CFO at technology firms including FTSE100 companies Worldpay and Inmarsat, as well as Misys and NDS. In addition to his success transforming technology businesses under private equity ownership, he has overseen IPOs in the US and the UK including Worldpay’s listing on the London market with a market valuation of £5 billion and taking NDS public on NASDAQ.
Yves Padrines, CEO of Synamedia, said, “Rick has a phenomenal track record transforming technology businesses and ensuring they are both financially and operationally strong. His understanding of finances for both private equity and public companies, combined with his tech industry expertise, made him the perfect choice for Synamedia.”
Medlock added: “It’s rare to get the opportunity to lead the finance office of a new company with the scale of Synamedia, its enviable market position and its loyal customer base. Having spent eight years as CFO of NDS, I jumped at the chance of joining the exceptional leadership team and shaping the next exciting chapter for the business.”