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AVID > SEC Filings for AVID > Form 8-K on 15-May-2013All Recent SEC Filings

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Form 8-K for AVID TECHNOLOGY, INC.


15-May-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

After Mr. Gary Greenfield's departure as Chairman of the Board, Chief Executive Officer and President of Avid Technology, Inc. (the "Company") in February 2013, Mr. Greenfield continued on as a director of the Company, with his term as director scheduled to expire at the Company's 2013 annual meeting of stockholders ("2013 Annual Meeting"). With the date for the 2013 Annual Meeting being delayed beyond the originally anticipated date, Mr. Greenfield has decided to resign from his position as director of the Company so that he could attend to other commitments, and on May 15, 2013, Mr. Greenfield submitted his resignation as director effective immediately. Mr. Greenfield's decision to resign was mutually agreeable and amicable and not a result of any disagreement or dispute with the Company or its management.


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