Xytech announced the appointment of Keith Buckley as the company’s president and chief executive officer, succeeding Richard Gallagher, the company’s founder. Gallagher will now advise the company’s board of directors as planned upon the acquisition of Xytech by Banneker Partners in December 2021. With Buckley at the helm, the move allows Xytech to significantly strengthen its commitment to product innovation. and operational excellence in its mission to generate visibility, efficiency and automation in the media and broadcast markets.
Since the acquisition, Banneker immediately began implementing improvements to Xytech’s operational capabilities to accelerate the delivery of critical functionality to Xytech’s customers and enable the company to scale to meet the continued high demand for its platform. -MediaPulse form. The addition of Buckley to lead these efforts confirms Banneker’s commitment to Xytech, its employees and its global customer base.
Buckley has been a high-growth business leader for private equity sponsors and international corporations in numerous technology sectors, with a focus on media and network software and services. Most recently, Buckley served as CEO of Federos, a provider of AI-powered analytics and automation software solutions for complex networks that was recently sold to Oracle. He previously served as President and CEO of The Switch Enterprises, a leader in content production and delivery services for streaming and broadcast networks around the world. Prior to that, he served as President and CEO of ASC Signal Corporation, Trusonic, and InSight Telecommunications Corporation, among other leading media companies.
“I am joining Xytech as the company is poised for significant growth, and I look forward to leveraging Xytech’s highly skilled team, strong base of product offerings, long history of success and its world-class clientele”, Buckley said. “The investments we are planning and executing in the immediate future will significantly increase the value of Xytech in the media and broadcast sectors, creating an exciting environment for our team, our owners and – most importantly – our customers.”
“We are excited to work with Keith as we accelerate Xytech’s mission to improve resource efficiency in the media and broadcast markets,” said Kenneth Frank, Partner at Banneker Partners. “His industry experience and track record of growing successful software companies positions him well to focus relentlessly on customer value and partner with the existing management team. We also look forward to working on the alongside Richard as we evaluate other strategic options to accelerate the growth of the business.”
“When I started Xytech nearly 40 years ago, I could not have imagined the impact Xytech would have on the industry,” Gallagher said. “I am extremely grateful to my staff throughout the company’s history and our incredible customers. Serving this community has been a deeply rewarding experience. I look forward to handing over my responsibilities to Keith, whose background makes to be an excellent steward of the company going forward and to work with Banneker in the role of strategic advisor.