Campbell, CA–Anchor Bay Technologies has appointed Craig Soderquist as chief executive officer. Soderquist succeeds Doug Fealtman, who remains with Anchor Bay as VP/GM of DVDO Systems. In his new role, Soderquist is charged with accelerating the growth of Anchor Bay in the video processing segments of the consumer electronics and semiconductor industries.
Soderquist comes to Anchor Bay from Core Networks, a call center management software company, where he was CEO. He guided the company to a successful sale to Support Soft in 2004. As CEO, he successfully led the strategic and financial development and product direction for Core Networks before the company was sold.
Prior to Core Networks Soderquist served as President and CEO of Com21, a public company that designs and manufactures cable modems and other broadband Internet access equipment for cable television operators and service providers.
Craig is a seasoned executive with a wealth of experience growing companies in the professional and consumer video marketplaces. He has an impressive history in driving outstanding operating performance, delivering world-class products, and leading global business initiatives that will translate into significant growth for Anchor Bay, said Fealtman. Craig has the vision to bridge DVDO and Anchor Bay to maximize their success in the highly competitive digital television and video processing marketplace.
“Im very excited to work with the excellent team here at Anchor Bay Technologies, said Soderquist. Having examined the track record of the management team and the tremendous portfolio of technologies targeting the rapidly growing digital television marketplace, it is apparent that this company has the potential for tremendous market growth. I look forward to leading the charge in continuing to build an industry leading video processing company.
For more information, visit www.anchorbaytech.com.