Atomos (ASX:AMS) appoints Trevor Elbourne as CEO -Agbelo News

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  • Atomos (AMS) promotes its Chief Technology Officer, Trevor Elbourne, to the position of CEO
  • Mr Elbourne will move into the new role as of today after having served as Interim CEO since April this year
  • The position comes with a $400,000 yearly salary package including superannuation, along with short-term incentives worth up to 50 per cent of the fixed annual remuneration, allocated in cash and shares
  • Atomos says after a global search process, its board determined that Mr Elbourne’s skills and experience ideally positioned him to lead the company
  • Atomos shares are down 2.9 per cent to 33.5 cents at 11:47 am AEST

Atomos (AMS) has promoted its Chief Technology Officer, Trevor Elbourne, to the position of Chief Executive Officer.

Mr Elbourne will move into the new role as of today after having served as Interim CEO since April this year.

The position comes with a $400,000 yearly salary package including superannuation, along with short-term incentives worth up to 50 per cent of the fixed annual remuneration, allocated in cash and shares.

During his stint as Interim CEO, Mr Elbourne helped launch the company’s new cloud-based products and services.       

Atomos said after a global search process, its board determined that Mr Elbourne’s skills and experience, including four years in senior management at the company, ideally positioned him to lead the company.

Non-Executive Chair Chris Tait said Atomos needed a CEO who understood how the company’s legacy was created and how to leverage its deep technology smarts into the future.

“Trevor has been instrumental in the strategic plans for our product roadmap, which are key to the company’s future success,” Mr Tait said.

Mr Elbourne first joined Atomos in 2012 to lead the company’s product design. He was one of Atomos’ founding employees and the company said he had been central in crafting Atomos’ technology strategy and product roadmap.

In 2018, he was appointed CTO and oversaw the development of Atomos’ flagship Ninja V and Shinobi products.

“Having been part of the Atomos success story for a decade, it is gratifying to now drive the company’s vision and strategy as its Chief Executive and I feel confident that our exciting product pipeline will support our future growth prospects,” the incoming CEO said.

Atomos shares were down 2.9 per cent to 33.5 cents at 11:47 am AEST.

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