Edgio Promotes Todd Hinders to Chief Executive Officer
03 January 2024 - 8:01AM
Business Wire
Appointment of Hinders Marks a New Era for
Edgio
Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of
choice for speed, security, and simplicity at the edge, today
announced that Todd Hinders has been promoted to the position of
CEO, effective immediately. Mr. Hinders has also joined the
company’s board of directors. Hinders takes over from Bob Lyons,
who has resigned from his role as President and CEO and as a member
of the board of directors.
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Todd Hinders, Edgio CEO (Photo: Business
Wire)
Mr. Hinders has served as the company’s Chief Revenue Officer
since May 2023. He has a 25-year track record of success, building
cloud, security, edge, and media platform businesses in both
start-up environments and high growth hyperscalers. He has led
global sales and customer growth for AWS Elemental, an Amazon Web
Services company, overseeing go-to-market activities for AWS
Elemental Media Services, CloudFront, Twitch Interactive Video
Service, and Edge security products. Prior to his time at AWS
Elemental, Todd held numerous leadership roles at Cisco Systems,
Maven Networks, Encoding.com/Loudeye and other leading technology
firms where he has demonstrated his strategic, go-to-market and
business capability.
“On behalf of the Board, I would like to thank Bob and wish him
well in his future endeavors,” said Kenneth Traub, Chairman of the
Board of Edgio. “Now is the right time for new leadership that will
infuse Edgio with the discipline and energy needed to capitalize on
the opportunity Edgio has in the marketplace. While Edgio had a
challenging year in 2023, we are excited to start 2024 under Todd’s
leadership. Todd brings both continuity and new passion to help the
company achieve its potential. He and the entire executive
leadership team of Edgio have the full support of the Board.”
“I'm thrilled to be leading Edgio at this exciting time for the
company,” said Todd Hinders, CEO of Edgio. “Edgio is on a
transformative journey. We're diligently optimizing our global
edge-network, expanding our customer base, particularly in
high-margin streaming and application businesses and reducing
operating expenses. We have also been adding world-class talent to
our team and strengthening our balance sheet. Together with our new
board of directors, the executive team, our dedicated employees,
and valued customers and partners, we intend to build a world-class
company, relentlessly delivering on customer success and maximizing
shareholder value.”
About Edgio Edgio (NASDAQ: EGIO) helps companies deliver
online experiences and content faster, safer, and with more
control. Our developer-friendly, globally scaled edge network,
combined with our fully integrated application and media solutions,
provide a single platform for the delivery of high-performing,
secure web properties and streaming content. Through this fully
integrated platform and end-to-end edge services, companies can
deliver content quicker and more securely, thus boosting overall
revenue and business value. To learn more, visit edg.io and follow us on Twitter, LinkedIn and Facebook.
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version on businesswire.com: https://www.businesswire.com/news/home/20240102903210/en/
Investor relations contact: Sameet Sinha 602-850-4973
ir@edg.io Media relations contact: Sally Winship Comollo
781-366-5580 swinship-comollo@edg.io
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