Deploying AI Models at the Edge

Todd Hinders takes the helm as Edgio’s new CEO

Todd Hinders takes the helm as Edgio’s new CEO

In a shift in its executive leadership, Edgio, an end-to-end edge service provider, has announced Todd Hinders’ appointment as its new chief executive officer. Hinders, whose journey with Edgio started in May 2023 as chief revenue Officer, also lands a spot on the company’s board of directors.

Bob Lyons, the former president, CEO and board director, has stepped down. He served as Edgio’s CEO from February 2021 onwards. Before joining Edgio, Lyons was CEO at Alert Logic and Operating Partner at Welsh, Carson, Anderson & Stowe. Additionally, he served as President and Chief Operating Officer of Connexions Loyalty/Affinion Group.

With 25 years of experience, Hinders has a track record in establishing businesses in cloud, security, edge, and media platforms. He has experience in start-up environments as well as with high-growth hyperscalers. Before joining Edgio, Hinders led global sales and customer growth at AWS Elemental, where he oversaw go-to-market strategies for various services such as media services, CloudFront, Twitch Interactive video service and edge security products.

He also worked as senior director of global media & service provider video sales at Cisco Systems, leading the global overlay sales and architecture team for all Cisco video business lines.

Edgio also recently announced a reconstitution of its board of directors. The board added three new directors: Ken Traub, Frank Verdecanna, and Mio Babic. Notably, Ken Traub has been appointed as the chairman of the board.

Traub brings over 30 years of experience as a public company CEO, chairman, director, investor and consultant. Verdecanna has 29+ years of experience in technology companies and public accounting. Babic is a recognized pioneer in digital media.

Edgio also secured $66 million in new financing from its existing investor, Lynrock Lake Master Fund LP in November. As part of this deal, Lynrock converted its existing unsecured 3.5% convertible notes due in 2025 into 3.5%/16% PIK secured convertible notes due in 2027.

Following these transactions, Edgio announced that it had strengthened its financial position, enabling the company to execute its strategic plan effectively.

Read more:

Edgio releases CMCD for companies to optimize their streaming strategies

Leaseweb, Edgio partner to enhance CDNs across multiple continents

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