Telestream has announced that Rhonda Bassett-Spiers has been named CEO, succeeding the retiring Dan Castles who will remain with the company through April 2023 to aid in the transition. President and COO Jon Wilson will remain in his current role, continuing to lead the company’s operations.
Castles, the company’s founding CEO, returned to the CEO position in January 2020 from the board of directors to lead the company’s recent phase of accelerated growth. During his most recent tenure as CEO, Telestream has completed five acquisitions to expand its leadership across the media supply chain while meaningfully expanding the company’s ability to support customer workflows as they transition to the cloud, delivered consistent revenue growth, and strong profitability.
“Under Dan’s leadership and strategic foresight, he has grown Telestream to an industry-leading provider of automation tools and applications across the media supply chain,” said Eli Weiss, managing partner of Genstar Capital which acquired Telestream. “I want to thank Dan for his leadership since returning into the role of CEO in January 2020 to guide Telestream through its most recent phase of accelerated growth while positioning the company for continued success moving forward,”
Prior to Telestream, Rhonda Bassett-Spiers’ 30+ year career of leadership across the technology industry is highlighted by her most recent role as president and CEO of iTradeNetwork, a leading global supplier of end-to-end supply chain management and intelligence solutions for the perishable food industry. Under her leadership, iTradeNetwork developed a suite of industry-first solutions that enabled customers to build resiliency and quickly adapt to the ever-changing conditions of the food supply chain.
“Rhonda has an excellent track record of leadership across the technology industry and pioneering innovation and driving growth,” said Castles.” Our leadership styles are complementary and our priorities of delivering superior customer and employee experiences are consistent, which is why she is the right person to lead Telestream as the next CEO.”
Bassett-Spiers added: “I joined Telestream because of its culture, its track record of growth and profitability, and its leadership position in the video industry. I look forward to partnering with Jon and the great leadership team as the company begins a new chapter of providing world class solutions across the digital media supply chain.”