Telestream’s CEO Dan Castles Retires, and the company has appointed ex-Cisco executive Scott Puopolo as CEO.
Under Castles’ 20-year leadership, Telestream has enjoyed two successful exits, consistent year-on-year revenue growth, and strong profitability.
“Knowing the right time to retire is not easy,” said Castles.
“However, I am confident that Scott is the right man to take this business to the next level. We have achieved a lot over the last 20 years, growing from a small team of 11 to over 400 bright and dedicated employees all over the world. I look forward to working with Scott, the board and the rest of the executive team on a transition which ensures that the next 20 years are our most successful ever.”
As Puopolo takes over the CEO position, Castles will continue to be an active board member and ambassador for Telestream’s extensive involvement with the community.
A recognized expert in the Media and Telecommunications industries, and having served as a Telestream board member, Puopolo has an excellent understanding of Telestream and the markets it serves. Prior to joining the company, Puopolo was EVP at iconectiv, a leading service and software provider enabling device, application and network identity and interconnection.
Prior to Cisco, Puopolo spent 14 years at Accenture where he led the North American Service Provider Strategy practice.
“Under Dan’s leadership, Telestream has developed into one of the most dynamic players in the media & entertainment sector and I am both honored and humbled to have been chosen as its new Chief Executive,” said Puopolo.
“Dan and I share excitement for Telestream’s bright future, and I look forward to extending Telestream’s industry leadership to support the critical business needs of our customers around the world.”
