Grass Valley names Thorsteinson as chief executive

TV technology specialist Grass Valley has named former Harris Broadcast president Tim Thorsteinson as president and CEO. Thorsteinson was most recently president and CEO of Enablence Technologies.

Current chief executive Alain Andreoli, who led the acquisition and separation of Grass Valley from Technicolor, has stepped down and will leave the business at the end of this month.

“We are pleased to have Tim Thorsteinson join Grass Valley at this pivotal point in the company’s transformation. Tim’s in-depth industry knowledge and his proven track record of value creation will ensure Grass Valley’s continued success as an independent leader in the rapidly evolving broadcast infrastructure market”, said David Golob, partner at Francisco Partners and chairman of the board of Grass Valley. “I would also like to thank Alain for all of his contributions in helping to re-establish Grass Valley as an independent company.”