Kirk Arnold to Lead Company's Efforts in Broadcast and Post-Production Markets

Avid Technology, Inc. announced that Kirk Arnold has joined the company as executive
vice president and general manager of Avid's Professional Video
business unit, reporting directly to Avid Chief Executive Officer Gary
Greenfield. In this role, Arnold will be responsible for all of Avid's
products and services for the professional video market – broadcast
television, post-production and media enterprises.

“Kirk is a proven leader, with a successful track record in
helping customers to transform their businesses,” said Greenfield. “As
a former CEO of a $900 million dollar consulting company and president
of a similarly-sized division of CSC, Kirk’s experience in running
complex businesses and her customer-centric approach will serve her
well as she takes Avid’s professional video business to the next level
of success.”

Arnold comes to Avid with more than 25 years of management
experience, leading both multi-national corporations and ground-floor
start-ups. Prior to joining Avid, she served as vice-chairman and CEO
of Keane, a leading provider of business transformation and
outsourcing services. Before that, she was executive vice president of
product development and management for Fidelity Investments, where she
was responsible for marketing and consulting services in addition to
product management and development. Prior to joining Fidelity, Arnold
was president and CEO of NerveWire, Inc., a venture-backed services
business which she helped to launch in 2000, and grew to $40 million
in revenues and 300 employees. Before launching NerveWire, Kirk spent
6 years at Computer Sciences Corporation, where she was president of
CSC Consulting, a $1 billion business with over 5000 professionals
servicing companies across the globe. Arnold started her career at IBM
where she served in a variety of sales and sales management positions.