DivX, Inc. Names Kevin Hell as CEO

Following on from our earlier post regarding DivX support for PS3 here is some more DivX news:

DivX, Inc. today announced that its Board of Directors has appointed Kevin Hell as DivX’s new Chief Executive Officer and a member of the Board, effective October 31, 2007.

Commenting on the CEO appointment, Jordan Greenhall, the Company’s Chairman of the Board, stated, “Kevin is a strong leader with a distinguished track record who has been leading our consumer electronics licensing business for over five years. Coupled with 20 years in the industry, Kevin is the logical choice as CEO for DivX as it refocuses on opportunities in several key product markets. The entire Board looks forward to working with Kevin as he moves into his new role.”

“DivX is a great company, and I believe we are in a strong position to emerge as the de facto standard for high-quality digital video across any device,” commented Hell. “I appreciate the vote of confidence from our Board of Directors, and I am excited to lead our team forward as we focus on three key market opportunities: growing our licensing business, launching our new DivX Connected platform, and expanding our content solutions.”

Hell, 43, has served as the Company’s Acting Chief Executive Officer since July 2007. Between 2002 and 2007, Hell held a number of management positions within DivX including Chief Marketing Officer and Managing Director, Chief Operating Officer, the Company’s CXO for Partners and Licensing, and President. Before joining DivX in 2002, Hell served as Senior Vice President of Product Management for Palm Solutions Group, a handheld solutions company, as well as Vice President of the Connected Home division and Vice President of Corporate Strategy at Gateway, a personal computer manufacturing company. Prior to Gateway, Hell worked with the Boston Consulting Group in Los Angeles focused on high-technology and entertainment. Hell received an M.B.A. from The Wharton School, and a master’s degree in Aeronautics and Astronautics and a B.S. in Mechanical Engineering from Stanford University.

Posted by: Matt

[Post tag(s): technology blog, video, Tracy & Matt, DivX]