Eric Cooney elected SAM president and CEO
WORLD: Snell Advanced Media (SAM) has appointed a new president and chief executive officer in Eric Cooney. Mr Cooney has more than 20 years of technology, media and telecommunications experience and has served as CEO at Tandberg Television, Internap and most recently at Tiptana, of which he was also the founder.
At SAM, Mr Cooney will work to develop the company’s core markets and build upon the significant sales growth it has enjoyed in recent years. ‘Snell Advanced Media has seen good growth in recent years, in what has been a challenging market impacted by the changing nature of end-user media consumption,’ said the new president and CEO. ‘This is testament to its commitment to innovation and integration, whilst keeping its customers front and centre. This is an exciting time to be joining the group as we look to explore new ways to further drive market share and profitable growth within the media production industry.’
Mr Cooney takes over from Tim Thorsteinson, who served as CEO for the past two years and is stepping down due to personal reasons but will remain on the board in an advisory capacity.
‘Tim has done a fantastic job in stabilising the business and creating and executing a strategy based on significant investment in new product development,’ said SAM chairman Kevan Leggett. ‘I have enjoyed working with him and am delighted he remains involved. Eric has a proven track record of significant value creation and can build on the platform Tim has built to continue SAM’s success in the coming years.’