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    Fodstad upped to CEO of Pexip

    By SHOOTUpdated:No Comments2753 Views
    OSLO, Norway --

    Pexip, known for scalable, distributed collaboration software, announced that Åsmund O. Fodstad, formerly EVP of global sales and marketing at the company, has been appointed CEO. Co-founder and former CEO Simen Teigre will join the company’s board of directors and, through a transition period, serve as special advisor to the CEO.

    Fodstad joined Pexip in April 2013 and has been EVP of global sales and marketing since January 2014. Prior to joining Pexip, he had 20 years of leadership experience working at companies such as Tandberg, REC, and projectiondesign, and as general manager for SuperOffice. Fodstad has extensive experience building global sales, marketing, and distribution networks. Based in Hong Kong, he developed Tandberg’s APAC business and led REC’s global sales beyond a billion dollars. In his New York-based sales leadership role at Pexip, he built a high-performing global sales operation and delivered strong commercial results for the company.

    Since the incorporation of Pexip in April 2012, the company has experienced explosive growth and adoption of its innovative collaboration software in the global market. Fortune 500 companies across every vertical, leading education institutions, and public organizations have embraced the Pexip Infinity solution at record speed. Pexip customers are now using the Pexip Infinity platform at a rate of 100 million minutes annually, double the amount from just six months ago.

    “It has been an incredible journey with the Pexip team over the past three-and-a-half years, building Pexip from the ground up to become a global disruptor in collaboration software,” said Teigre. “But being CEO of a high-tech startup is like running a sprint where the distance is a marathon — the race is thus best run as a relay. As CEO, I believe the time is now right to pass on the leadership baton.”

    Pexip’s award-winning Infinity platform allows organizations to offer video, audio, and Web-based collaboration solutions to every employee via existing IT and cloud infrastructures. Built on a purely software-based and hugely scalable architecture, the platform is quick and easy to install, deploy, operate, and manage, allowing customers to capitalize on their existing investments, to create truly seamless virtual collaboration environments.

    Tags:Pexip



    Utah Leaders and Locals Rally To Keep Sundance Film Festival In The State

    Thursday, January 30, 2025

    With the 2025 Sundance Film Festival underway, Utah leaders, locals and longtime attendees are making a final push — one that could include paying millions of dollars — to keep the world-renowned film festival as its directors consider uprooting.

    Thousands of festivalgoers affixed bright yellow stickers to their winter coats that read "Keep Sundance in Utah" in a last-ditch effort to convince festival leadership and state officials to keep it in Park City, its home of 41 years.

    Gov. Spencer Cox said previously that Utah would not throw as much money at the festival as other states hoping to lure it away. Now his office is urging the Legislature to carve out $3 million for Sundance in the state budget, weeks before the independent film festival is expected to pick a home for the next decade.

    It could retain a small presence in picturesque Park City and center itself in nearby Salt Lake City, or move to another finalist — Cincinnati, Ohio, or Boulder, Colorado — beginning in 2027.

    "Sundance is Utah, and Utah is Sundance. You can't really separate those two," Cox said. "This is your home, and we desperately hope it will be your home forever."

    Last year's festival generated about $132 million for the state of Utah, according to Sundance's 2024 economic impact report.

    Festival Director Eugene Hernandez told reporters last week that they had not made a final decision. An announcement is expected this year by early spring.

    Colorado is trying to further sweeten its offer. The state is considering legislation giving up to $34 million in tax incentives to film festivals like Sundance through 2036 — on top of the $1.5 million in funds already approved to lure the Utah festival to its neighboring... Read More

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