Amino Communications CEO Andrew Burke is to step down from the set-top developer. In a statement the Cambridge-based company said Burke would leave the Company with immediate effect to pursue other opportunities.
Burke’s replacement will be Don McGarva, who was previously Amino’s chief operating officer. “The Amino corporate strategy remains unchanged. The Company will continue to focus aggressively on opportunities in the emerging OTT market, on targeting new customers and on continuing to develop its core IPTV business,” said Amino.
In recent years Amino has been on the edge of profitability. A trading statement last week said the company expects to report profits for the year ended November 30, 2011 that are marginally ahead of market expectation.