The former CFO of NDS has returned to oversee the finances of Synamedia.
Rick Medlock joins the video technology business that was transferred from Cisco to Permira funds last week (October 29).
Medlock joins from Worldpay. He also brings experience from Inmarsat and Misys.
Yves Padrines, CEO of Synamedia, said, “Rick has a phenomenal track record transforming technology businesses and ensuring they are both financially and operationally strong. His understanding of finances for both private equity and public companies, combined with his tech industry expertise, made him the perfect choice for Synamedia.”
Rick Medlock, CFO of Synamedia added: “It’s rare to get the opportunity to lead the finance office of a new company with the scale of Synamedia, its enviable market position and its loyal customer base. Having spent eight years as CFO of NDS, I jumped at the chance of joining the exceptional leadership team and shaping the next exciting chapter for the business.”
At Worldpay Medlock oversaw the payment company’s listing on the London market with a market valuation of £5 billion and also took NDS public on NASDAQ.